Crypto Bitcoin Spikes
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Arkansas takes on crypto miners
The Hill's weekly technology news digest. {beacon} Advertisement Friday, May 3, 2024 Presented by: Presented by: Welcome to Tech Friday, a new joint project of The Hill and Pluribus News covering tech policy across government. Sign up to receive ...The Hill - Politics - Crypto -
SEC Prepares to Sue Robinhood Over Crypto Unit
The agency could seek an order that would prevent the popular brokerage firm from trading certain crypto assets.The Wall Street Journal - World - Crypto -
Ethereum’s Cofounder Says SEC Is ‘Gaslighting’ Everyone About Crypto
Joe Lubin cofounded Ethereum. Now his company is suing the Securities and Exchange Commission, and he says the future of the internet is at stake.Wired - Tech - Crypto -
Robinhood receives SEC notice for alleged securities violations at crypto unit
Robinhood Markets Inc. has received a notice from the Securities and Exchange Commission about alleged securities violations at its crypto divisionABC News - Top stories -
Robinhood warns of SEC lawsuit threat over crypto business
Retail brokerage says ‘Wells notice’ comes after years of attempts to seek regulatory clarityFinancial Times - Business - Crypto -
Coinbase had over $1 billion in quarterly profit after crypto-trading explosion. But costs are rising too.
A boom in crypto trading during the first quarter led cryptocurrency exchange Coinbase Global to a dramatic reversal of fortunes from the prior year, but the company warned of “elevated expenses” in the second quarter as it tries to handle the flood.MarketWatch - Business -
From 25 years in prison to just four months: Inside the final verdict on a crypto billionaire CEO archrivalry
The criminal judgment of bitcoin billionaires Changpeng Zhao and Sam Bankman-Fried was completed this week, the final chapter in starkly different crypto sagas.CNBC - Business -
Robinhood says SEC could pursue enforcement actions over its crypto operations
Robinhood had disclosed in February that it received subpoenas from the SEC related to its crypto business.CNBC - Business -
SEC’s crypto ‘carpet-bombing campaign’ draws flak after Robinhood’s Wells notice
Some crypto industry observers hope the SEC may soon be overwhelmed by the number of cases it is currently litigating in the crypto space.MarketWatch - Business - Crypto