Former FTX CEO Sam Bankman-Fried reportedly donated roughly $40 million directly to political candidates and PACs in 2022 before the collapse of his crypto exchange.
Category: Ethereum News
Federal Reserve Board drops enforcement action against Silvergate
Silvergate Bank, a former crypto-friendly bank, collapsed in March 2023 due to the fallout created by the implosion of the FTX exchange.
Crypto Super PAC uses $2.5M to support Washington, Michigan Democrats
A crypto PAC used roughly $1.5 million to fund a media buy for Democrat Emily Randall, while her rival’s campaign manager criticized the move as […]
Exclusive: Franklin Templeton mulls bringing RWAs to Ethereum, user-managed wallets
The asset manager is considering expanding tokenized securities to Ethereum mainnet and other EVMs, its digital assets head told Cointelegraph.
Is government oversight non-negotiable for the future of crypto?
Governments aren’t known for allowing anything to thrive without some oversight or control, but for the most part, crypto is proving to be an exception.
Cash, not crypto, still top funding choice for terrorists, Singapore reports
Singapore’s 2024 terrorism threat assessment reveals a continued reliance on cash transfers for funding by terrorist groups despite some increase in crypto usage.
Stablecoin adoption poses greater risk for developing nations
A new report warns that the adoption of global stablecoins in emerging markets and developing economies poses significant financial risks and regulatory challenges.
Foreign crypto miners could be spying on US bases: Elizabeth Warren
Senator Warren has lambasted foreign-owned crypto miners in the country, saying they’re loud, hot, and “suck up a ton of electricity, which can crash the […]
US senator withdraws support for Elizabeth Warren’s anti-crypto bill
Republican Senator Roger Marshall has withdrawn as a cosponsor for an anti-crypto bill he co-created with Senator Elizabeth Warren in 2022.
Hollywood video game performers go on strike, citing AI ‘abuse’
The American labor union has been trying for 18 months to get a clause preventing publishers from making AI-generated versions of their actors’ work without […]