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Author: Assad Jafri

Bitcoin developer Jimmy Song likens Ordinals to pump and dump altcoin scams

Bitcoin developer Jimmy Song, known for his maximalist views, expressed skepticism toward the Ordinals protocol, likening it to a run-of-the-mill altcoin scam. Song’s comments come amid growing discussions in the Bitcoin community about the Ordinals protocol, which was introduced in early 2023 and has since sparked debate over its impact on the Bitcoin network…

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Political donations from crypto industry surge ahead of 2024 elections

The cryptocurrency industry has significantly increased its political donations in response to growing regulatory challenges and skepticism in Washington, the Financial Times reported. The strategy highlights an escalation in the crypto sector’s engagement with political processes in an effort to shape the narrative and policies surrounding digital assets…

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KuCoin settles NYAG charges for $22M

Cryptocurrency exchange KuCoin has agreed to pay $22 million and cease operations in New York State to settle a lawsuit filed by the Attorney General’s office. The New York State Attorney General Letitia James filed a lawsuit against KuCoin on March 9, 2023. The lawsuit accused KuCoin of failing to register with the state before

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