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Top U.S. Treasury Official Says Crypto Had No ‘Direct Role’ In Bank Failures

Treasury Under Secretary Nellie Liang told House lawmakers the crypto industry wasn’t a central factor in the wipeouts of Silicon Valley Bank and Signature Bank.

In bank, signature, treasury, Mar 29, 2023 · 72 points

$8.9 million stolen in Crypto hack on Jake Paul-endorsed Safemoon

Cryptocurrency SafeMoon is already a controversial token, but an upgrade to the software introduced a bug that saw $8.9 million stolen from the pool.

In crypto, 89, million, Mar 29, 2023 · 58 points

RESTRICT Act Proposes 20-Year Jail Term For US Citizens Accessing Banned Apps/Dapps

Proposals included in the “Restricting the Emergence of Security Threats that Risk Information and Communications Technology Act,” better …

In jail, virtual, restrict, Mar 29, 2023 · 53 points

Crypto market adds nearly 1,000 new coins in 2023 as momentum returns

Although the cryptocurrency industry has been under a lot of regulatory pressure in recent months, it has demonstrated significant resilience, reflected in both the growing prices of ...

In adds, coins, feed, Mar 29, 2023 · 55 points

Bitcoin bull Mike Novogratz, who once predicted it hitting $500K in 2024, would now be ‘the happiest guy’ if it ends the year at $30K

Mike Novogratz says he’d be happy if Bitcoin merely traded at $30,000 by the end of this year. Bitcoin lost nearly 65% of its value over 2022, ending the year at about $16,500.

In novogratz, guy, end, Mar 29, 2023 · 71 points

SEC Chair Gary Gensler Must Testify Before Congress, Says Rep. Tom Emmer

The Minnesota representative said Gensler’s agency has failed to gather critical information from crypto companies.

In gensler, congress, genslers, Mar 29, 2023 · 68 points

Cardano Surpasses Historic 4 Million Wallet Milestone

Cardano’s scalability and improved projects after the Vasil hard fork, as well as upcoming advancements, were highlighted by Dan Gambardello.

In ada, surpasses, ethereum, Mar 29, 2023 · 35 points

Do Kwon faces 'grim' year in Montenegro jail: “There’s about 10 to 11 people in a room — there’s usually not even a bed“, lawyer says

According to a criminal defense lawyer in Montenegro, Terra founder Do Kwon will await trial in a small cell with 10 others – and no bed.

In montenegro, protos, likely, Mar 29, 2023 · 62 points

Sam Bankman-Fried’s Legal Defense Is Being Funded With Alameda Money He Gifted His Father

FTX founder Sam Bankman-Fried is accused of misappropriating FTX customer funds through Alameda Research. While still CEO of now-collapsed cryptocurrency exchange FTX, he transferred ...

In Mar 29, 2023 · 64 points

Binance Sees Net Outflows of $2.1 Billion

Binance has reportedly experienced net outflows of $2.1 billion over what’s been a challenging week. The cryptocurrency exchange has seen these withdrawals during a seven-day period i...

In Mar 29, 2023 · 42 points