Her crypto work included a wide range of policy statements and guidance that clarified the agency’s position on various aspects of the industry, including mining, staking, memcoins and — most importantly — a series of definitions for classifying different types of crypto assets and which… Read More
Circle and Tether have frozen stablecoins in a wallet linked to Thursday’s $351.6 million Bitget hack, though the amount is a small fraction of the total. Circle blacklisted the address, which Etherscan labels “Bitget Exploiter 8,” at 05:00 UTC Friday, onchain data shows. The wallet… Read More
Crypto exchange Bitget lost $351.6 million dollars to a system breach on Thursday, CEO Gracy Chen announced in a social media post. In a post on X, Chen said that Bitget’s cold wallets and user funds were safe, and that there were “unauthorized transfers from… Read More
Although the symposium is not secret, it has received little media attention. Its public footprint consists largely of occasional posts from attendees rather than prominent FBI announcements or the publicity campaigns typical of commercial crypto conferences. A LinkedIn post published by Token Recovery executive Roman… Read More
Meanwhile, GENIUS However, last year’s crypto legislative success in converting the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act into law is still an ongoing focus of the Treasury and banking regulators assigned to implement it. Pettit, who had a hand in creating… Read More
Crypto markets are demonstrating robust resilience to start the week, with bitcoin approaching the $84,000 threshold, for the time being at least shrugging off the immediate hawkish sentiment from last week’s Federal Reserve rate hike, which pushed the benchmark target to 4.00%. The macro calendar… Read More
