Newsletter Jun 14, 2024
Biting Off More Than It Can Chew: Senator Doubts CFTC Can Oversee Digital Commodities

Thursday's Senate Appropriations subcommittee hearing was on fire as CFTC Chair Rostin Behnam was questioned about the regulator's capability in overseeing the digital assets industry.


Ripple Blasts 'Disproportionate' SEC Case Fine, Cites Terraform Labs Settlement

Ripple argued that the fine the SEC seeks against it is "disproportionate," given the recent settlement with Terraform Labs, which was found to have been intentional in orchestrating a securities fraud.


MicroStrategy Resumes BTC Buying Spree With $500M Investor Offering Amid Increasing Competition

Competition among corporate holders of Bitcoin is heating up, and MicroStrategy, the world's largest publicly traded company with BTC holdings, is not letting others catch up fast as it announced another investor offering so it can buy more Bitcoins.

Gensler Says Spot ETH ETFs May Launch This Summer, Behnam States Ether A Commodity

SEC chief Gensler on Thursday told senators that he believes spot ETH ETFs will be approved for trading sometime this summer, but he once again dodged questions about Ether's status as a commodity or a security.

They Made A Crypto Shark Tank. It's Hilariously Bad.

CoinMarketCap and Hello Labs are trying to captivate the Web3 scene with "Killer Whales," their version of a crypto Shark Tank TV show.

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