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SEC charges former Bitwise CEOs with $70 million fraud

SEC charges former Bitwise CEOs with $70 million fraud

The Securities and Exchange Commission (SEC) has charged the former co-CEOs of Bitwise Industries Inc., a private technology services startup based in Fresno, California, of falsifying financial documents while raising nearly $70 million from investors in 2022. The allegations...

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Members of the Proof of Stake Alliance (POSA), including Lido and Coinbase, update their “Stake Principles.”

Members of the Proof of Stake Alliance (POSA), including Lido and Coinbase, update their “Stake Principles.”

“Amid rapid technological advancement, self-regulation by leaders of the proof-of-risk ecosystem is essential,” Evan Weiss, founder of POSA, said in the press release. “The updated POSA Principles underscore the ecosystem’s commitment to clarity and accountability, especially at a time...

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Rep. Tom Emmer proposes defunding the SEC’s campaign against cryptocurrencies

Rep. Tom Emmer proposes defunding the SEC’s campaign against cryptocurrencies

Pro-crypto Congressman Tom Emmer is introducing an amendment aimed at denying the US Securities Commission the ability to use government funds to pursue cryptocurrency enforcement. On November 8, Emmer attached an amendment to H.R. 4664 – the General Government...

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Ripple supports cross-border payment services

Ripple supports cross-border payment services

Ripple is upgrading its cryptocurrency-enabled cross-border payments solution, also known as Ripple Payments. This offering aims to enhance enterprise-level blockchain infrastructure, making faster, cheaper and more efficient cross-border payments accessible to businesses. In the official statement published today (Wednesday),...

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