Bitcoin & cryptocurrency news

Robert Kennedy Jr. condemns Biden’s proposed 30% Bitcoin mining tax

Presidential hopeful Robert F. Kennedy Jr. on May 3 condemned a 30% crypto mining tax proposed by the Biden administration and responded to concerns around crypto. Kennedy says crypto regulation is a power grab Kennedy, who is running in the 2024 U.S. presidential elections, said in a thread on Twitter: “Cryptocurrencies, led by Bitcoin, along […]

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Bitcoin & cryptocurrency news

Ripple lawyer claims SEC is ‘exploiting legal uncertainty’ to redefine securities laws

CryptoLaw founder and Ripple lawyer John Deaton said the SEC is “exploiting the legal uncertainty about crypto” to redefine what should be considered a security under the Howey test. Deaton believes that the regulator’s litigation against crypto companies “pushes the boundaries” of what constitutes an investment contract and a common enterprise in the U.S. — […]

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Bitcoin & cryptocurrency news

Balaji Srinivasan doubles down on his $1M Bitcoin bet as an answer to the banking crisis

Crypto entrepreneur Balaji Srinivasan discussed on May 2 the ongoing banking crisis and announced that he had committed funds to his $1 million Bitcoin bet. Balaji says US government is printing trillions In a video posted to Twitter, Srinivasan said: “I just burned a million to tell you they’re printing trillions … I wanted to […]

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Bitcoin & cryptocurrency news

Binance CEO Changpeng Zhao ‘CZ’ calls Bloomberg Rich List entry fake news

Binance CEO Changpeng Zhao (CZ) responded “4” to his recent Bloomberg rich list entry. CZ added that the numbers were all wrong. He also corrected the supporting text, saying he never viewed the now-defunct FTX exchange as a rival. “4” signifies ignoring fear, uncertainty, doubt (FUD,) fake news, and attacks — as set out in […]

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Silicon Valley employees go away from large companies to Web3. What is the future of the Internet?

Julien Gaillard, the former Chief Data Scientist at Twitter Spaces, announced on Twitter that he is leaving Silicone Valley social media giant to become Head of Data Science at DeFi lending platform Aave.

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