Featured – Page 20 – Bold Players

US government holds $6B worth of Bitcoin: Glassnode data

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Coinbase suggests SEC action is motivated by Gary Gensler’s own views

Vigilante hacker burns hundreds of BTC held in wallets used by Russian intelligence

SEC’s Gensler analogizes crypto vs. securities to calling a dog a goldfish; sparks community backlash

The U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has faced backlash from the crypto community after using a dog-goldfish analogy to explain the importance of compliance with security laws in a video tweet on April 27. In his analogy, Gensler said that crypto platforms were offering “investment contracts” and calling them anything but…

Congressmen raise concerns over prudential regulators’ effort to ‘de-bank’ crypto industry

U.S. Congressmen French Hill, Patrick McHenry and Bill Huizenga sent the Federal Deposit and Insurance Commission (FDIC) a joint letter on April 25 requesting information about regulatory efforts to deny banking services to the crypto industry. The Republican lawmakers have set a May 9 deadline for the regulator to provide all requested information. ‘Disfavored industries’…

FTX confirms plans to restart its Japanese exchange

FTX takes control of NFTs worth over $4M

Meta says 40% of Instagram content is AI-recommended; retains Metaverse focus

Meta — the parent company of Facebook and Instagram — discussed its use of artificial intelligence (AI) during its Q1 2023 earnings call on April 26. AI drives content discovery Meta CEO Mark Zuckerberg called AI one of two “major technological waves” alongside the metaverse that are priorities on the company’s roadmap. Zuckerberg said that AI…