Senator Lummis Challenges US Crackdown on Crypto Market, Vows to Protect Investor Rights

Senator Lummis, a prominent supporter of Bitcoin and the crypto market in general, has advocated for the companies and actors involved in the current regulatory push. According to the International Monetary Fund, the interest in regulating cryptocurrencies is justified by the fact that they stopped being “specialized products in search of a purpose and began […]

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Former SEC Lawyer Confirms There Are No Plans to Crack Down on Cryptocurrencies

Stewart, a former SEC lawyer, denies an anti-cryptocurrency conspiracy. Stewart emphasizes the protection of cryptocurrency investors, and considers it necessary to improve the dialogue on the regulation of the industry. Ladan Stewart, a former key figure at the US Securities and Exchange Commission (SEC), has publicly refuted claims suggesting a government agenda against cryptocurrencies. She […]

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Huge Burning of 1.6 Billion Shiba Inu in April Fails to Cause Price Rising

The total number of Shiba Inu burned in April exceeded 1.6 billion. SHIB maintained the second largest market capitalization. The volume of Shiba Inu [SHIB] burned in April amounted to billions. However, this substantial burn did not translate into a notable price impact. Additionally, a significant decrease in the number of active addresses associated with […]

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‘East vs West:’ How Hong Kong Bitcoin ETF Can Cover US Losses, Execs Say

The ETF’s debut in Hong Kong generated a record daily trading volume of $12.4 million. $141M Inflows to Hong Kong Bitcoin ETFs Will Decrease US Negative Flows On the first day of trading, April 30, Hong Kong ETFs reached a total of $12.4 million in trading volume. First-day performance was reportedly strong in terms of […]

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DeFi Losses Reach $336 Million in the First Quarter of 2024

In the first quarter of 2024, DeFi platforms lost $336 million due to hacks and fraud, while CeFi platforms reported no losses. The openness and accessibility of DeFi make them vulnerable since their codes are public and vulnerabilities can be easily discovered. Despite a 23.1% decrease in losses compared to last year, security issues in […]

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