The Democratic presidential candidate further reaffirmed their position from May, advocating for the protection of individuals' rights to self-custody Bitcoin, operate blockchain nodes from their residences, and implement energy regulations that remain unbiased towards the industry.
The duo was instructed to surrender the profits obtained from their alleged laundering of approximately 120,000 bitcoins stolen from the hacked cryptocurrency exchange.
PLUS: Charles d'Haussy, from the dYdX Foundation, suggests that dYdX's departure from Ethereum could mark the onset of a more extensive phenomenon.
In mid-June, the prominent asset management company submitted documentation to the SEC to seek approval for a bitcoin exchange-traded fund (ETF).
The report highlights the crucial influence of electricity costs on the bear market witnessed in the past year, presenting a formidable hurdle for miners striving to remain operational.
Consequently, the regulatory scrutiny of the SEC may be somewhat constrained in its scope.
ALSO: The crypto lending platform Aave, known for its smart contracts, has maintained its strong performance this month. According to data from blockchain analytics firm DefiLlama, the total value locked (TVL) on Aave's version 3 (v3) blockchain has experienced a remarkable 15% surge in June, reaching $1.76 billion.
The trend indicators from CoinCryptoUs Indices are indicating a downward movement for both bitcoin and ether.
Only the miners who possess the most cost-effective energy solutions and employ highly efficient equipment will emerge victorious in this quadrennial occurrence.
This week, the mining difficulty of Bitcoin is expected to reach an unprecedented level as miners actively introduce new mining equipment to take advantage of the recent surge in profits.