‘This Is A Big Deal’

forbes.com Bitcoin and cryptocurrencies—including major coins ethereum and XRP —are braced for a game-changing vote in Washington next week (even as a Wall Street bitcoin storm is…

SEC: Data Breaches at Financial Institutions Must Be Reported in 30 Days

pymnts.com New federal regulations give some financial institutions (FIs) a tighter deadline for reporting security breaches. The Securities and Exchange Commission (SEC) adopted…

Financial institutions have 30 days to disclose breaches under new rules

arstechnica.com The Securities and Exchange Commission (SEC) will require some financial institutions to disclose security breaches within 30 days of learning about them. On Wednesday, the…

SEC: Financial orgs have 30 days to send data breach notifications

bleepingcomputer.com The Securities and Exchange Commission (SEC) has adopted amendments to Regulation S-P that require certain financial institutions to disclose data breach incidents to…

Fund managers predict SEC rejection of Ethereum ETFs next week

cryptobriefing.com In contrast to the enthusiasm that preceded the approval of spot Bitcoin ETFs, reports over the past few weeks suggest that optimistic expectations for the Ethereum…

No ‘cop on the beat’: Why the SEC may deny new ether ETFs this month

cnbc.com The U.S. Securities and Exchange Commission is expected to make a key decision on approving ether exchange-traded funds next week. But it will likely fail due to a lack of…

The Clock Is Ticking for Democrats on Crypto

aol.com Last week, crypto was in the news yet again. Donald Trump declared himself an unabashed supporter while unveiling a new line of mugshot NFTs at Mar-a-Lago. On the same day,…

Michael Saylor Shares Bullish Bitcoin (BTC) Tip As Price Crosses $67K

coingape.com saw a recent upsurge that pushed its price above the $67,000 mark after threatening to go below $60,000 in the last couple of weeks. This resilient market outlook may have…

Congress Overturns SEC Ruling on Banks' Bitcoin Custody With Majority Vote

bitcoinnews.com In a showdown in Washington, the U.S. Congress has taken steps to challenge the Securities and Exchange Commission (SEC) over a controversial policy related to digital…

Vitalik Buterin Names One Thing He Loves About Ethereum Ecosystem

coingape.com Crypto industry innovator Vitalik Buterin recently took to the X app on Saturday to highlight one of the things he appreciates about the Ethereum ecosystem. Ethereum…

Pro XRP Lawyer Slams SEC Chair Gensler’s Crypto Understanding, Here’s All

coingape.com Pro XRP Lawyer Bill Morgan has publicly criticized SEC Chair Gary Gensler’s recent actions within the cryptocurrency space, particularly highlighting Gensler’s perceived…

Could Flip Ripple’s XRP in 2024

cryptopotato.com Dogecoin’s total market capitalization was $19.8 billion at the time of writing, with the hash work-powered meme currency trading at $0.145. Meanwhile, Ripple XRP price…

3 Major Crypto Events to Watch Next Week: Crypto Industry Braces for Crucial Decisions

coinpedia.org The post 3 Major Crypto Events to Watch Next Week: Crypto Industry Braces for Crucial Decisions appeared first on Coinpedia Fintech News There are three major events that…

Coinbase expects 30% to 40% chance of spot ETH ETF approval by month-end

cryptoslate.com Crypto exchange Coinbase believes the odds of the SEC approving spot Ethereum ETFs by the end of the month stand between 30% to 40%. In a May 15 report, Coinbase…

Why regulators fear an Ethereum ETF: ‘What did we just do?’

dlnews.com Bitcoin exchange-traded funds were only launched in January. Now, policymakers and regulators are likely to want a lot more time to digest their impact before committing to…

U.S. Senate Votes to Kill SEC's Crypto Accounting Policy, Testing Biden's Veto Threat

coindesk.com The U.S. Senate joined the House of Representatives on Thursday in seeking to erase the controversial Securities and Exchange Commission (SEC) crypto policy known as Staff…

SEC Announces Departure of Policy Director Heather Slavkin Corzo and Appointment of Corey Klemmer to the Role

sec.gov The Securities and Exchange Commission today announced that Policy Director Heather Slavkin Corzo will leave the agency. Corey Klemmer, most recently the Corporation Finance…

SEC Suffers Embarrassing Blow To Anti-Crypto Bill, Ripple CLO Celebrates The Victory

bitcoinist.com The United States Securities and Exchange Commission (SEC) has experienced another embarrassing setback, as an anti-crypto bill proposed by the regulator has been completely…

XRP Price Forecast as SEC Ruling Looms: Could It Hit $1?

coingape.com XRP price forecast: XRP has seen a notable increase over the past 24 hours. The XRP price has rallied above the $0.52 resistance level, currently trading at $0.5219. This…

U.S. Senate Rejects SEC’s Crypto Accounting Rule But Biden May Veto The Vote

thedefiant.io The resolution received bipartisan support in both the Senate and House of Representatives. The U.S. Senate passed a joint resolution seeking to overturn an accounting rule…

Bitcoin Price to New ATH Is Inevitable as US Congress Supports Banks’ Crypto Adoption

coinspeaker.com Coinspeaker Bitcoin Price to New ATH Is Inevitable as US Congress Supports Banks’ Crypto Adoption Bitcoin (BTC) price continued with the recent bullish outlook on Friday…

Ripple CLO Stuart Alderoty Hails Senate Decision as Victory against SEC’s Overreach

coinspeaker.com Coinspeaker Ripple CLO Stuart Alderoty Hails Senate Decision as Victory against SEC’s Overreach Ripple Chief Legal Officer (CLO) Stuart Alderoty has heaped praises on the US…

Crypto Just Had A Game-Changing Moment, But Will Biden Veto?

bitcoinist.com In a potentially game-changing moment for the crypto sector, the US Senate has passed H.J. Res 109, a bill seeking to overturn the Securities and Exchange Commission’s (SEC)…

Senate Repeals SEC Crypto Rule, Biden’s Veto Poses Next Challenge

beincrypto.com The US Senate has taken a significant step by voting to pass H.J. Res 109, a resolution to overturn the SEC’s controversial Staff Accounting Bulletin No. 121 (SAB 121). The…

Two MIT grads charged with inventing a new crime

morningbrew.com You really can be too smart for your own good. Yesterday, the DOJ indicted two brothers, both MIT grads, for allegedly stealing $25 million of cryptocurrency in a 12-second…

Senate Passes Crypto Custody Bill, But Biden’s Veto Threatens

coinpedia.org The post Senate Passes Crypto Custody Bill, But Biden’s Veto Threatens – What Will Happen in 10 Days? appeared first on Coinpedia Fintech News The Senate finally passed the…

Pro-XRP Lawyer John Deaton Blasts Warren and SEC Over Crypto Regulation

coingape.com John Deaton, a prominent pro-XRP lawyer, has issued a strong critique of the SEC and Senator Elizabeth Warren, accusing them of prioritizing political agendas over investor…

Ripple CLO Hails Senate Vote to Overturn SEC’s Anti-Crypto Rule

coingape.com The US Senate has voted to overturn a controversial rule proposed by the Securities and Exchange Commission (SEC), which could have posed a substantial threat to custodial…

Senate passes resolution to overturn SAB 121

blockworks.co The US Senate on Thursday passed Joint Resolution 109, which seeks to overturn the Security and Exchange Commission’s Staff Accounting Bulletin (SAB) 121. The legislation…

Crypto Continues to Get Politicized as Senate Votes to Kill SAB 121 Custody Bill

unchainedcrypto.com Cryptocurrencies were once considered the domain of a small niche of financial-tech enthusiasts and even a symbol of libertarianism. However, digital currencies have…

Community Launches Decentralized Memecoin To Take Anti-SEC Stance

cryptonews.com In response to the Securities and Exchange Commission (SEC) ‘s increasing regulatory scrutiny of the cryptocurrency industry, a small group of community members launched a…

The Floppening: Ethereum Can’t Stop Losing Ground To Bitcoin

cryptopotato.com More than 19 months after Ethereum’s historic Merge upgrade, the data is clear: the network’s native asset, Ether (ETH), is not keeping up with Bitcoin (BTC). The ETH/BTC…

SEC’s crypto rule overturned by US Senate decision

cryptobriefing.com The US Senate has voted 60 to 38 to pass H.J.Res. 109 this Thursday, effectively calling for the Securities and Exchange Commission (SEC) to withdraw Staff Accounting…

US Senate Votes To Eliminate Controversial SEC Crypto Policy After President Biden Vows Veto

dailyhodl.com The US Senate just passed a bill overturning SEC guidelines that disincentivize banks and large financial institutions from holding Bitcoin and crypto assets. The…

Regulatory crackdown spawns anti-SEC 'CultureCoin'

cointelegraph.com Creators of NotWifGary aim to "stand [their] ground against Gary Gensler and the SEC" in support of Ethereum and open-source developers.

Senate votes to scrap SEC’s controversial crypto custody policy. Here’s why everyone hates SAB 121

dlnews.com On Thursday, the Senate will vote on a resolution to repeal controversial accounting guidance from the Securities and Exchange Commission, which critics say has deterred…

“Bitcoin’s Trajectory Tied to US Election”

bitcoinnews.com The upcoming US presidential election could have a significant impact on the trajectory of bitcoin, according to Mike Novogratz, CEO of Galaxy Digital. During a recent…

Statement on Amendments to Regulation S-P

sec.gov Statement on Amendments to Regulation S-P Chair Gary Gensler May 16, 2024

Ethereum Surge Expected: See What It Means for Meme Coins Shiba Inu and Furrever Token

coinpedia.org The post Ethereum Surge Expected: See What It Means for Meme Coins Shiba Inu and Furrever Token appeared first on Coinpedia Fintech News Investors look forward to Ethereum’s…

MIT students stole $25M in seconds by exploiting ETH blockchain bug, DOJ says

arstechnica.com Within approximately 12 seconds, two highly educated brothers allegedly stole $25 million by tampering with the ethereum blockchain in a never-before-seen cryptocurrency…

SEC custody rule made crypto regulation a ‘political football’

cointelegraph.com The SEC’s proposed crypto custody rule and its “hostility” to the industry isn’t in Joe Biden’s “best interests,” Representative Wiley Nickel told Gary Gensler.

Senate predicted to overturn SAB 121 in vote Thursday, Hill sources say

blockworks.co The US Senate plans to vote on Joint Resolution 109 on Thursday, and sources on and around Capitol Hill say they believe the measure will draw enough Democrat support to…

Congressman Wiley Nickel Slams SEC’s “Open Hostility” Towards Digital Assets, Urges Gensler To Rescind SAB121

cryptonews.com Congressman Wiley Nickel (D-CA) has criticized SEC Chair Gary Gensler over the agency’s “open hostility” towards crypto and SAB121. Nickel sent a letter to Gensler on…

Justice Department charges brothers with $25 million Ethereum heist that took 12 seconds

cnbc.com The Department of Justice on Wednesday announced the indictment of two brothers for allegedly stealing $25 million in cryptocurrency within roughly 12 seconds. The DOJ…

US lawmaker urges SEC to repeal controversial crypto custody rule SAB 121

cryptobriefing.com US Representative Wiley Nickel has called on the Securities and Exchange Commission (SEC) and its Chair, Gary Gensler, to repeal the contentious Staff Accounting Bulletin…

Rep. Wiley Nickel Urges SEC to Withdraw SAB 121

coingape.com Congressman Wiley Nickel has called on SEC Chairman Gary Gensler to withdraw Staff Accounting Bulletin (SAB) 121. This request comes as a bipartisan Senate vote on…

Opinion: Roaring Kitty looks to have returned as a pump-and-dumper

protos.com There was something different about the way that Keith Gill (aka RoaringKitty on YouTube or DeepFuckingValue on Reddit) used to shill GameStop. He’d do in-depth, long, and…

Investors in Gensler’s favourite crypto project are the biggest losers

dlnews.com With the crypto market taking a downturn, portfolios of crypto investors have taken a hit. But some have fared worse than others. 90% of those holding blockchain project…

It’s time for Congress to protect the crypto henhouse

blockworks.co We find ourselves in a strange interregnum for crypto policy in the United States. On one side, Securities and Exchange Commission Chair Gary Gensler is ramping up an…

Why the SEC could choose to deny ether ETFs, and what could happen next

blockworks.co Yet another potential milestone for crypto is just days away. Or, we may find out US spot ether ETFs are — for now — not meant to be. The Securities and Exchange…

Cypher Protocol Developer Confesses to Gambling $300K of User Funds

coinspeaker.com Coinspeaker Cypher Protocol Developer Confesses to Gambling $300K of User Funds Hoak, the pseudonymous developer of Cypher Protocol has confessed that he stole more than…

Cypher Protocol Developer Confesses to Stealing $300,000 in User Funds and Gambling Away

cryptonews.com A pseudonymous developer at Solana-based Cypher Protocol has confessed to stealing approximately $300,000 worth of user funds and gambling them away. In a public statement…