cryptocurrency

New crypto oversight legislation arrives as industry shakes

New crypto oversight legislation arrives as industry shakes

WASHINGTON (AP) — After 13 years, at least three crashes, dozens of scams and Ponzi schemes, and hundreds of billions of dollars created and evaporated, cryptocurrencies finally have the full attention of Congress, whose lawmakers and lobbyists have papered the Capitol with proposals on how to regulate the industry. The latest bipartisan proposal came Wednesday …

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It has been a miserable month for crypto — and it's only the third day of August

It has been a miserable month for crypto — and it’s only the third day of August

It has been a difficult month for the cryptocurrency sector and it is only the third day of August. From cross-chain bridge hacks draining hundreds of millions of dollars in client funds to the Securities and Exchange Commission coming after crypto Ponzi schemes, this corner of the market can’t catch a break. The developments add …

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No One Cares About My Framed NFT Art

No One Cares About My Framed NFT Art

Stephen Curry wiggles her shoulders on my kitchen counter. Nobody cares, not even the most devoted Curry fans. Every now and then a friend asks what it is it is, this never-ending cycle of Curry successfully throwing a bomb just past half court in a Golden State game against Dallas in February 2021. Then the …

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Robinhood Crypto Fined $30 Million by New York Regulator, Cuts 23% of Its Workforce

Robinhood Crypto Fined $30 Million by New York Regulator, Cuts 23% of Its Workforce

Photo: Oliver Doulier (fake images) robinhood, the self-proclaimed ‘Democratized Finance’ Application accused to mislead and defraud retail investors will have to shell out another $30 million to appease regulators. That brings the company’s overall regulatory penalty and liquidation tab well above $100 million. in a presentation On Tuesday, the New York State Department of Financial …

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Bitcoin

Crypto clients beg for their cash back after lender’s crash

WASHINGTON, United States – An Irishman at risk of losing his farm. An American who has suicidal thoughts. An 84-year-old widow’s lost life savings: People caught up in the collapse of crypto lender Celsius are begging for their money back. Hundreds of letters have reached the judge overseeing the company’s multimillion-dollar bankruptcy, and they are …

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