COO of Pantera Capital quits after only two months
Only two months have passed since Shah started in the position, and one month has passed since Joe Cisewski, chief counsel of Pantera, left. According to his LinkedIn profile, Samir Shah resigned from his position as a chief operating officer at Pantera Capital after only two months on the job. Shah, who spent over 13 […]
Singapore court judges acquisition suit in Bithumb founder’s favor
The court drama surrounding the acquisition of the South Korean cryptocurrency exchange Bithumb has been ongoing for several years. A Singapore court has issued a decision against Kim Byung-gun, who had initially accused Lee Jung-hoon, the owner of Bithumb, of defrauding him. A court in Singapore found Kim guilty of selling BXA coins without the […]
Sources: SEC Chair, CFTC will be scrutinized over crypto bill
The U.S. SEC Chairman, Gary Gensler, has come under fire for how he has handled the cryptocurrency industry. Many influential figures have spoken out in favor of clear restrictions on digital assets. According to Fox Business Journalist Eleanor Terrett, the SEC Chair will be subject to testimony. She did, however, add that according to her […]
US Congressman to inspect all Binance US consumer safety files
A Subcommittee chairman reached out to the CEO of Binance US for documentation to assess investor protections. An urgent request for official paperwork demonstrating the exchange’s compliance with several investor-centric safety protocols was made in a letter to Brian Shroder, president and CEO of Binance US . The US House Committee on Oversight and Government […]
Paraguayan president vetoes bill regulating cryptocurrencies
As the country’s mining industry continues to grow as a result of cheap energy costs, the law was adopted by the Paraguayan Senate in July. On Monday, Mario Abdo Bentez, the Paraguayan president, vetoed a bill that attempted to classify bitcoin mining as an economic endeavor. He reasoned that the development of a nationally sustainable […]