Ether ETFs face Senate opposition, Wright is no Satoshi, and Dencun goes live: Hodler's Digest, March 10-16
High Stories This Week Senators pressure DRY Gensler not has approve any of them more crypto AND F
Two United States senators on any of them further crypto exchange traded funds (AND F), quoting "huge risks" has retail investors. In A March 11 letter, Democrat senators Jack Reed And Laphonza Butler claims that allowing any of them further approvals of crypto AND F would be see investors exposed has " slightly negotiated" markets widespread with fraud And handling. THE senators Also exhorted THE WE. Securities And Exchange Commission has take "several specific not" with THE Already spear Bitcoin ETFs some products, asking that BTC ETFs brokers And advisors be submitted has further regulatory meticulous examination. There are eight propose place Ether ETFs apps on hold approval by THE SEC.
Judge rules Craig Wright East not Satoshi NakamotoCraig Wright , THE pseudonym Creator of THE Bitcoin network, according to has Judge James Mellor decision In THE United Kingdom on March 14. Closing arguments began In London on March 12 In THE trial brought by THE Cryptocurrency Open Patent Alliance (COPA) trial against Wright, A Australian computer scientist WHO claims has be Nakamoto Since 2016. Wright has has been accused of massive document falsification For proof her claim of be THE pseudonym Bitcoin founder. COPA was while searching injunction relief has prevent Wright Since further affirming has be Nakamoto.
Prosecutors to want 11 billion dollars judgement, 40-50 years In prison For Sat Bankman-FriedProsecutors For THE ancient CEO of bankruptcy cryptocurrency exchange FTX And sentenced fraudster Sat Bankman-Fried. He faces up has 110 years behind bars below THE law. THE Governments Sentencing Memorandum tell Bankman-Fried's activities In detail, to focus on five points: Bankman-Fried's scheme has TO DO illegal policy contributions, her attempt has bribe Chinese government civil servants, her banking misconduct, her attempts has deviate blame, And miscellaneous obstructions of justice. Bankman-Fried's legal Advice of six and a half years.
THE Dencun upgrade has 1:55 p.m. UTC on March 13. THE most anticipated hard fork Since THE Merge East expected has significantly reduce THE transaction costs of layer-2 networks And improve Ethereum generally scalability. Dencun integrated nine different Ethereum Improvement Proposals. THE First of all part, Cancun, concentrates on improvement how transactions are managed And treaty on THE execution layer, while THE second part, Deneb, goals has improve THE consensus layer, which refers to has how network participants accept on THE State of THE blockchain. THE promised costs discounts won't affect Ethereum main network users.
A lack of communication Since THE United States Securities And Exchange Commission around Ether exchange traded funds (AND F) towards transmitters For those hoping For Ether ETFs approvals by Can. Speaking has Cointelegraph, Bloomberg ETFs analyst Eric Balchunas said there were more that A little the reasons he is NOW downgraded THE odds of Ether ETFs approval has just 35%. Balchunas Also believes SECOND Chair Gary Gensler position on Ether could Also play A part, argue that Gensler always think of Ether as A security. Several active managers are while searching THE Green light For A place Ether ETFs, including loyalty And Black rock.
Two United States senators on any of them further crypto exchange traded funds (AND F), quoting "huge risks" has retail investors. In A March 11 letter, Democrat senators Jack Reed And Laphonza Butler claims that allowing any of them further approvals of crypto AND F would be see investors exposed has " slightly negotiated" markets widespread with fraud And handling. THE senators Also exhorted THE WE. Securities And Exchange Commission has take "several specific not" with THE Already spear Bitcoin ETFs some products, asking that BTC ETFs brokers And advisors be submitted has further regulatory meticulous examination. There are eight propose place Ether ETFs apps on hold approval by THE SEC.
Judge rules Craig Wright East not Satoshi NakamotoCraig Wright , THE pseudonym Creator of THE Bitcoin network, according to has Judge James Mellor decision In THE United Kingdom on March 14. Closing arguments began In London on March 12 In THE trial brought by THE Cryptocurrency Open Patent Alliance (COPA) trial against Wright, A Australian computer scientist WHO claims has be Nakamoto Since 2016. Wright has has been accused of massive document falsification For proof her claim of be THE pseudonym Bitcoin founder. COPA was while searching injunction relief has prevent Wright Since further affirming has be Nakamoto.
Prosecutors to want 11 billion dollars judgement, 40-50 years In prison For Sat Bankman-FriedProsecutors For THE ancient CEO of bankruptcy cryptocurrency exchange FTX And sentenced fraudster Sat Bankman-Fried. He faces up has 110 years behind bars below THE law. THE Governments Sentencing Memorandum tell Bankman-Fried's activities In detail, to focus on five points: Bankman-Fried's scheme has TO DO illegal policy contributions, her attempt has bribe Chinese government civil servants, her banking misconduct, her attempts has deviate blame, And miscellaneous obstructions of justice. Bankman-Fried's legal Advice of six and a half years.
THE Dencun upgrade has 1:55 p.m. UTC on March 13. THE most anticipated hard fork Since THE Merge East expected has significantly reduce THE transaction costs of layer-2 networks And improve Ethereum generally scalability. Dencun integrated nine different Ethereum Improvement Proposals. THE First of all part, Cancun, concentrates on improvement how transactions are managed And treaty on THE execution layer, while THE second part, Deneb, goals has improve THE consensus layer, which refers to has how network participants accept on THE State of THE blockchain. THE promised costs discounts won't affect Ethereum main network users.
A lack of communication Since THE United States Securities And Exchange Commission around Ether exchange traded funds (AND F) towards transmitters For those hoping For Ether ETFs approvals by Can. Speaking has Cointelegraph, Bloomberg ETFs analyst Eric Balchunas said there were more that A little the reasons he is NOW downgraded THE odds of Ether ETFs approval has just 35%. Balchunas Also believes SECOND Chair Gary Gensler position on Ether could Also play A part, argue that Gensler always think of Ether as A security. Several active managers are while searching THE Green light For A place Ether ETFs, including loyalty And Black rock.
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