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The new advocacy group already represents over half the country’s Bitcoin hash rate and will seek to shape energy policy and champion Bitcoin and blockchain.

This week, The Market Report discusses Bitcoin’s recent price action and the upcoming FOMC meeting, where some speculate interest rates might be paused.

A complaint filed in bankruptcy court claimed Joseph Bankman involved Barbara Fried when answers from neither his son nor FTX US satisfied concerns around his $200,000 annual salary.

“It is more than likely that BAM still doesn’t understand what Ceffu is,” the SEC stated after trying to untangle the web of relationships between entities.

The Bank of Latvia has been quietly stepping up its game in providing assistance to fintech projects while employing the latest emerging technologies internally.

A panel of three judges at the 2nd U.S. Circuit Court of Appeals in New York reportedly will consider requests from Sam Bankman-Fried’s lawyers for early release from jail.

Polkadot USDC users should not deposit XCM-transferred USDC from non-Polkadot Asset Hub parachains, Circle has warned.

Bitcoin spiking above $27,200 amid a big jump in open interest has some analysts asking whether BTC’s price is being manipulated.

The interim judicial managers of Hodlnaut argued that the $30 million offer of FLEX tokens is “illiquid” and has “speculative value.”

The Bitcoin Adoption Fund will have long-only exposure to Bitcoin and be available to institutional investors.

Multi-million dollar funding announcements at Token2049, CoffeeDAO’s new idea for onboarding community cafes, Huobi’s rebrand and more.

AI Eye visits Korean Blockchain Week and Token2049 to find out how real projects are using AI, plus Google’s Gemini and more AI news.

Adam Back, Paolo Ardoino and enthusiastic students from all over the world share insights on Bitcoin school as well as crypto adoption in Switzerland.

Blockchain trackers flag $1-billion “authorised but not issued” USDT mint at Tether’s Treasury; CTO Paolo Ardoino clarifies holdings will be used for ongoing TRON issuance requests and chain swaps.

According to the allegations, Sam Bankman-Fried’s father, Joseph Bankman, was a “de facto officer” at FTX Group.

Any person who resides in Thailand for up to 180 days, would be subject to personal income tax on foreign assets, including crypto.

During the bill’s review phase, the House of Lords agreed on certain amendments to clarify its intent of targeting monetary proceeds from fraud or other financial crimes.

A network of 35,000 smartphone sound sensors was deployed on the Peaq Network ecosystem to collect hyper-local noise pollution data for well-being.

BTC price is at a decision point within the context of the Bollinger Bands, but only time will tell whether Bitcoin can muster a breakout, their creator says.

The JPEX fraud saga began last week when the SFC revealed it had received 1,400 complaints against the exchange regarding fraud, withdrawal freezes and declining wallet balances.

CoinEx confirms that compromised private keys gave hackers access to hot wallets, leading to a $70 million hack.

The U.K.’s Competition and Markets Authority wants to prevent AI from being used to undermine consumer trust.

A lawyer who laundered $400 million from the OneCoin scam has been denied a new trial despite arguing there were legal mistakes and false testimony in the original trial in 2019.

The Web3 startup came out of stealth mode after a seed funding round led by a16z crypto, enabling firms to integrate web3 infrastructure into their existing enterprise technologies.

By inheriting Ethereum’s security, Canto will be more decentralized and will enable trustless guarantees when bridging assets over, Polygon Labs said.

A federal magistrate judge has denied the Securities and Exchange Commission’s request to gain immediate access to Binance.US’s software, asking the regulator to provide more specific requests for discovery.

The commissioner said she had seen awareness and knowledge of digital assets grow in her five years at the SEC, but largely, there was “more of the same” on enforcement actions.

The funds include $380 million for early stage investments and a $200 million "opportunity fund."

The debt ceiling is unlikely to hold as the government faces increased pressure from interest rate payments, a potential catalyst for Bitcoin and cryptocurrencies.

Three candidates from both the Democratic and Republican parties have taken anti-CBDC positions as part of their 2024 presidential run.