Chimamanda U. Martha
Writer at CoinSpeaker
The future of finance is here, and it's called #crypto. Writer @Coinspeaker
Articles
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1 month ago |
coinspeaker.com | Chimamanda U. Martha |Julia Sakovich
Bybit’s $1.4B hack triggered a record-breaking $4.6B trading volume on THORChain, raising questions about the platform’s role in fund movement. THORChain reportedly generated $5.5M in transaction fees from the surge in activity linked to the laundering of Bybit’s stolen funds. Bybit requested THORChain to freeze suspicious transactions, but the decentralized protocol refused, allowing hackers to move assets freely.
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1 month ago |
coinspeaker.com | Chimamanda U. Martha |Marco Lanz
Coinbase is demanding that the SEC reveal how much taxpayer money was spent on crypto enforcement under Gary Gensler’s leadership. The exchange has filed a FOIA request seeking details on the SEC’s spending on crypto-related investigations and enforcement actions. Coinbase claims these details were missing from documents provided to Congress and is willing to cover processing fees to obtain them.
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1 month ago |
coinspeaker.com | Chimamanda U. Martha |Marco Lanz
The US Senate is set to vote on an IRS rule requiring crypto brokers to report detailed transaction data, a move that has sparked controversy in the industry. Critics argue that the tax reporting mandate could stifle DeFi innovation, leading to legal challenges and calls for its repeal. Lawmakers will also review a separate Consumer Financial Protection Bureau (CFPB) regulation that affects digital payment apps.
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1 month ago |
coinspeaker.com | Chimamanda U. Martha
Hackers behind Bybit's $1.4 billion exploit continue laundering over $605 million in Ethereum despite being identified as North Korea's Lazarus Group.
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1 month ago |
coinspeaker.com | Chimamanda U. Martha |Marco Lanz
McHenry will help communicate Ondo's concerns to Washington policymakers while maintaining his commitment to innovation and economic growth. The former congressman championed digital asset regulation and opposed SEC Chair Gary Gensler's crypto stance during his two decades in Congress. His expertise will influence discussions on stablecoins and market structure.
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JUST IN: Clearstream, a unit of German's stock exchange Deutsche Boerse plans to offer custody and settlement services for Bitcoin (BTC) and Ethereum (ETH) later this year. #CRYPTO https://t.co/NVHRUOJawF
JUST IN: Mt. Gox moves $905 million worth of bitcoin to unmarked wallet address: Arkham #CRYPTO #Bitcoin https://t.co/zNdKgV1jgm
JUST IN: Offchain Labs plans to buy ARB tokens over time through a ‘strategic purchase plan.’ #CRYPTO https://t.co/mXYMVtik44