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Federal judge blasts SEC for poorly argued attempts to claim cryptocurrencies must be regulated by them.

SEC agents cannot explain to a federal judge what its policies and attitudes regarding virtual currencies are—or how they are going to impact the industry.

In wiles, poorly, case, Mar 17, 2023 · 224 points

FTX influencers face $1b fraud lawsuit over crypto promotion.

The Moskowitz Law Firm represents the plaintiffs in a class-action lawsuit led by Edwin Garrison against "FTX influencers," mainly operating on YouTube.

In involved, face, fraud, Mar 17, 2023 · 145 points

'We're Trying To Save Crypto From The Banks': Circle CEO Allaire

Circle CEO Jeremy Allaire isn’t buying any narratives which suggests the traditional banking system needs to be protected from crypto. Instead, he believes the opposite to be true.

In circle, traditional, banks, Mar 16, 2023 · 78 points

Arbitrum’s long-awaited airdrop to go live next week, with self-executing DAO

The governance token will be handed out to those who have interacted with the network — and some DAOs, too.

In governance, selfexecuting, labs, Mar 16, 2023 · 62 points

Bitcoin Will Soon Shatter $250,000 Per BTC, Says Billionaire Tim Draper – Here's His Timeline

Billionaire venture capitalist Tim Draper believes Bitcoin is hurtling toward a staggering $250,000 Bitcoin (BTC) price tag.

In daily, shatter, btc, Mar 16, 2023 · 66 points

Sam Bankman-Fried wants FTX to prioritize covering his legal bills

Sam Bankman-Fried wants to use FTX’s director and officer liability insurance to fund his ballooning legal bills.

In insurance, bills, ftx, Mar 16, 2023 · 55 points

Coinbase Warns ETH Unstaking Could Take Months

Coinbase will allow customers of its ETH staking program to unstake their assets 24 hours after the Shapella fork on the mainnet. Withdrawal requests could take months to complete, th...

In Mar 16, 2023 · 62 points

Bitcoin is already up 50% this year — beating stocks and gold

On Jan. 1, bitcoin began trading at just over $16,500. On Wednesday, it was hovering around the $25,000 mark, thanks to a rally that began on Sunday.

In 50, major, investors, Mar 16, 2023 · 62 points

SEC Chairman Gensler Suggests Again That Proof-of-Stake Tokens Are Securities: Report

Gensler had previously argued that ether might be a security after Ethereum’s transition to proof-of-stake last year.

In tokens, vast, proofofstake, Mar 16, 2023 · 63 points

Forget HTTP: Ethereum has a new URL standard that can't be blocked

The Ethereum standard ERC-4804 was introduced in early March, bringing with it a new Web3 URL standard that does away with HTTP.

In users, http, web3, Mar 16, 2023 · 65 points