Posts published on May 20, 2025 go to media archive 2/4

SEC crypto task force to release first report 'in the next few months'

US Securities and Exchange Commission (SEC) Chair Paul Atkins appeared before lawmakers in one of his first hearings since taking the reins at the financial regulator, addressing questions about his plans for the cryptocurrency industry.In a May 20…

Binance Hits Back at FTX’s $1.76B Lawsuit, Blames Collapse on “Historic Fraud”

Key Takeaways: Binance moves to dismiss FTX’s $1.76B lawsuit, calling it “legally deficient” and blaming FTX’s internal fraud. The lawsuit stems from a 2021 buyback deal, with FTX alleging misuse of customer funds. Binance defends CZ’s 2022 twee

Standard Chartered Backs $500K Bitcoin Target, Citing Growing Government Exposure Through MSTR

Bitcoin Magazine Standard Chartered Backs $500K Bitcoin Target, Citing Growing Government Exposure Through MSTR Sovereign investment in Bitcoin is accelerating—just not always in the most direct way. In a new report, Standard Chartered Bank says…

Auradine Expands Bitcoin Mining Solutions with Advanced ASIC Chips, Cooling Systems, and Modular Megawatt Containers

Bitcoin Magazine Auradine Expands Bitcoin Mining Solutions with Advanced ASIC Chips, Cooling Systems, and Modular Megawatt Containers Auradine Inc., a U.S.-based Bitcoin miner manufacturer, today announced it is unveiling a broadened portfolio of…

Senate stablecoin vote splits Democrats amid concerns over corruption

US Senate Democrats are getting flak after they helped move stablecoin legislation ahead for discussion on the Senate floor.On May 19, 16 Democratic senators broke from the party line to pass a motion to invoke cloture, which will now set the bill…

Bitget Launches Live Streaming, Accelerating Real-Time Engagement for Crypto Content Creators

This content is provided by a sponsor. PRESS RELEASE. Victoria, Seychelles, May 19th, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced a live feature boosting real-time interaction between content creators and…