U.S. Congress Launches Probe Into Crypto Mining Environmental Impact As Global Regulators Tighten Oversight
The cryptocurrency industry faced mounting regulatory pressure on multiple fronts on January 19, 2022, as a key U.S. House panel […]
Regulations
Cryptocurrency regulation, policy changes, and legal developments
Hermès Strikes Back: Fashion Giant Sues Over MetaBirkins NFTs in Landmark Trademark Case
The Legislative Move On January 14, 2022, French luxury house Hermès International filed a landmark trademark infringement lawsuit against artist
US House Committee Announces Landmark Hearing on Crypto Energy Consumption Amid Global Regulatory Push
The Ruling On January 12, 2022, the United States House Committee on Energy and Commerce made a significant move that
Federal Reserve Hawkish Pivot Triggers Record Crypto Fund Outflows as Regulatory Pressure Mounts
The cryptocurrency market faced a brutal selloff on January 10, 2022, as Bitcoin briefly plunged below $40,000 for the first
Bitcoin Whales Accumulate as Market Consolidates Following December Flash Crash
Bitcoin’s dramatic fall from its November all-time high of $69,000 may have spooked retail traders, but the biggest players in
US Senate Holds Landmark Stablecoin Hearing as Warren Demands Regulatory Clampdown on DeFi Risks
The United States Senate Banking, Housing, and Urban Affairs Committee convened a high-profile hearing on December 14, 2021, titled “Stablecoins:
Bitcoin Surges Past $50,000 After US Inflation Data Hits 39-Year High
Bitcoin extended its impressive rally on December 10-11, 2021, surging as much as 4.4% to hit $50,101 after newly released
AscendEX Exchange Loses $77.7 Million in Devastating Hot Wallet Hack
Cryptocurrency exchange AscendEX, formerly known as BitMax, has become the latest victim in a string of high-profile crypto heists after
Bitcoin Hashrate Smashes All-Time Record at 194.95 EH/s Despite China Crackdown and Price Correction
Bitcoin’s network hashrate has surged to a new all-time high of 194.95 exahash per second (EH/s) on December 8, 2021,
Ethereum Arrow Glacier Upgrade Defuses Difficulty Bomb, Buying Time for Proof-of-Stake Transition
Ethereum developers have rolled out the Arrow Glacier network upgrade, a critical update that delays the so-called “difficulty bomb” and