Author: American Coins & Gold

Sam Bankman-Fried Demonstrates Ineffective Altruism at Its Worst

Bitcoin Miner Marathon Tests BTC Mining With Methane Gas From Waste Landfill
The 280 Kilowatt (kW) pilot project in Utah is already operational.

Hong Kong Will Allow Some Tokenized Securities-Related Activities
The move appears to be another step in Hong Kong’s recently accelerated ambitions to become a virtual asset hub.

First Mover Americas: SEC Subpoenas PayPal About USD Stablecoin
The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 2, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

UK Regulator Publishes Guidance on New Crypto Marketing Regime
The Financial Conduct Authority’s new ad regime took effect in October.

UK's National Crime-Fighting Agency Seeks Six Crypto Investigators
A crime bill passed last week gives law enforcement agencies more powers to seize and freeze crypto.

'Santa Rally' Could Propel Bitcoin to K by Year-End, Matrixport Says
“Bitcoin continues to offer upside potential, and a +65% year-end rally would lift prices back to $56,000,” Thielen added.

U.S. SEC Subpoenas PayPal About USD Stablecoin
Global payments giant PayPal (PYPL) received a subpoena from the U.S. SEC requesting documentation about its USD stablecoin on Wednesday.

U.S. SEC Subpoenas PayPal About USD Stablecoin, Company Says
Global payments giant PayPal (PYPL) received a subpoena from the U.S. SEC requesting documentation about its USD stablecoin on Wednesday.

The Case Against Sam Bankman-Fried
Is Sam Bankman-Fried going to prison? Five weeks into his criminal trial, 12 randomly selected New Yorkers are preparing to discuss among themselves whether they believe he violated federal law or not.