Ex-Alameda exec Trabucco gives up yacht, apartments in FTX settlement
Sam Trabucco left Alameda Research months before the FTX collapse and kept his head down — probably on his yacht Soak My Deck. FTX, FTX...
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Hive Digital buys 6,500 ASICs, starts Paraguay construction
Hive Digital converted some of its capacity to AI after the Ethereum Merger, and now it is upgrading its Bitcoin mining capacity. Bitcoin miner Hive...
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Revolut Business reportedly cuts crypto services ahead of new UK rules
The neobank will halt crypto purchases by businesses while it sorts out new ad requirements. Neobank Revolut will temporarily halt cryptocurrency purchases on its business...
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Coinbase appeals SEC rulemaking petition denial as promised
Coinbase filed an appeal the same day its petition for a rulemaking on crypto used as a security was denied. Coinbase is continuing its efforts...
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SEC responds predictably to Coinbase’s 2022 crypto rulemaking petition: No
The existing laws are sufficient, according to Chair Gensler. Coinbase says it’s not done yet. The United States Securities and Exchange Commission has denied a...
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Kazakhstan central bank reviews digital tenge pilot successes, next steps
The digital tenge has been used for everything from free school lunches to tokenizing gold, and there’s more to come. The digital tenge, Kazakhstan’s central...
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Ledger CEO explains hack, calls it ‘isolated incident’
CEO and chairman Pascal Gauthier says the company is working with law enforcement to “find this bad actor, bring them to justice.” Ledger CEO Pascal...
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US energy NGO warns of overwhelming demand as ERCOT considers crypto proposals
Government policy and challenges getting projects online complicate energy policy and may have grave consequences. The North American Electric Reliability Corporation (NERC), a nonprofit corporation...
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Security engineer pleads guilty to Nirvana Finance exploit and one other hack
Shakeeb Ahmed was arrested for hacking an unspecified DEX, then admitted to Nirvava Finance hack too. A software engineer pleaded guilty to one count of...
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US accounting standards board rules will reflect institutional crypto assets’ fair value
The U.S. FASB has decided that crypto assets will be represented at their fair value in accounting beginning late next year. Crypto companies and institutions...
