SEC Underestimated ‘Fight’ Inside XRP Holders
During a CryptoLaw TV live stream, J.W. Verret, a former SEC Investor Advisory Committee member and current associate law professor at George Mason University, shared his thoughts on the Ripple lawsuit. According to a tweet by XRP supporter @sentosumosaba, Verret stated that “The SEC underestimated the ‘fight’ inside of Ripple CEO Brad Garlinghouse.” During a […]
US Senator stated: Lawmakers are searching through crypto-related legislation to find bipartisan solutions.
According to Thom Tillis, a member of the Senate Banking Committee, lawmakers have collected ideas from both the Senate and House and are currently attempting to determine which proposals can secure bipartisan support. Senator Thom Tillis (R-N.C.) has stated that the U.S. Congress is currently in the initial stages of creating legislation for crypto oversight. […]
“SEC Is ‘Completely Out Of Control,’ a16z Head of Policy affirms
Representatives from crypto companies expressed concern that the lack of regulatory clarity will impede US innovation at the annual Futures Industry Association conference held in Boca Raton. Industry players criticized regulators, including the Securities and Exchange Commission (SEC), for what they see as inadequate regulatory frameworks for the novel asset class. The SEC’s recent enforcement […]
As ETH surges 20%, Ethereum’s network-to-value ratio drops to a three-month low
As ETH rallies by over 20%, the widely-tracked network-to-value (NVT) ratio of Ethereum drops to a three-month low, indicating compelling valuations. The NVT ratio measures Ethereum’s market capitalization in relation to the value of on-chain transactions processed on the network. The seven-day average of the NVT ratio, which is calculated by dividing market capitalization by […]
More than 280 blockchain networks may be vulnerable to “zero-day” exploits, Halborn says
According to cybersecurity firm Halborn, more than 280 blockchain networks may be vulnerable to “zero-day” exploits, which could put at least $25 billion worth of cryptocurrencies at risk. Halborn warned of the vulnerability, which it named “Rab13s,” in a blog post on March 13, stating that it had already collaborated with Dogecoin, Litecoin, and Zcash […]
Did the Fed start a ‘stealth QE’?
The Federal Reserve’s decision to provide liquidity following the failure of Silicon Valley Bank and Signature Bank has resulted in a bullish reaction from Bitcoin and the crypto markets. BTC/USD has risen by 15% off its two-month lows, despite the failure of two major financial institutions under the Fed’s rising interest rates. SVB suffered a […]