Kanav Kariya announced his resignation amid reports of a pending investigation into Jump Crypto’s activities and several incidents dating back to 2022.
SEC drops investigation into Ethereum: Law Decoded
A letter from Consensys states that the SEC’s approval of spot Ether exchange-traded funds indicated that it had “updated its position to classify ETH as a commodity and not a security,” but not everyone agrees.
Louisiana’s new crypto law protects node operators, bans CBDC
The U.S. state of Louisiana has updated its legislation to ban the use of central bank digital currencies and establish rules for digital asset miners and node operators.
Chief author behind President Biden’s crypto EO rejoins administration
Carole House left her position as a crypto adviser at the New York State Department of Financial Services to rejoin the White House in an election year.
Crypto investment products see $584M outflow as Bitcoin descends to $60K
Apprehension over a delay in interest rate cuts, a strengthening DXY and softness in Bitcoin price back the $584 million outflow in crypto investment products.
Riot seeks three Bitfarms board members, says it holds 14.9% stake
The mining firm said it intended to replace Bitfarms board members — including its interim CEO — with three people “completely independent” of both companies.
Nvidia launches in Middle East amid US AI export clampdown: Report
Nvidia partners with Qatari telecom provider Ooredoo to bring advanced AI technology to the Middle East, marking a significant expansion amid U.S. export restrictions.
Bitcoin miner Hut 8 lands $150M investment amid AI boom
Coatue Management invested $150 million in the Bitcoin miner Hut 8 Corp. due to its capability to power generative AI applications with its high-performance computing.
Coinbase is the most impersonated crypto brand by scammers: Report
Although Coinbase continues to be the most impersonated brand in the crypto industry, Meta was targeted by over 25 times as many scammers as the exchange.
Web3 gaming is ‘rocket ship’ ready to blast off, say industry execs
The Decentralize with Cointelegraph podcast interviews gaming executives from five Web3 projects to learn everything there is to know about blockchain games.
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