Arthur Hayes and his BitMEX co-founders must each pay a $10 million fine, but contesting the case against them might have clarified which financial regulatory agency should have primary oversight of cryptocurrencies; a tough weekend for cryptos. Author: Sam Reynolds, Damanick Dantes, James Rubin
First Mover Asia: The BitMEX Saga Continues to Leave Fundamental Regulatory Issues Unsettled; Bitcoin Falls
Bitcoin Slides to 3-Month Low Around $34K
Digital-asset analysts warned late last week that price-chart trends had turned bearish for the largest cryptocurrency. Author: Bradley Keoun
The Fed Raised Rates and Markets Freaked Out
After Jerome Powell’s press conference all markets reacted aggressively and then swiftly retraced their moves as market sentiment shifted overnight. Author: George Kaloudis
Meta’s Instagram to Support NFTs From Ethereum, Polygon, Solana, Flow
Author: Danny Nelson
Why a New York Bill Barring New Crypto Mines Would Be Bad for Business
The state senate should reject the legislation, which recently passed the assembly and would place a moratorium on approvals for permits for digital mining operations that use nonrenewable energy sources. Author: Teana Baker-Taylor
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