Crypto News

CFTC Chair Pushes for Federal Legislation to Regulate Bitcoin and Ether as Commodities

During his Senate testimony, the chairman of the Commodity Futures Trading Commission (CFTC) emphasized the necessity of federal legislation to regulate digital commodities such as bitcoin and ether. Citing market volatility and fraud, the chairman advocated for expanded regulatory powers to safeguard investors and maintain financial stability. He also referenced a recent court ruling thatSource link

Biden’s Odds of Dropping Out Jump Again on Polymarket Ahead of President’s Press Conference

Prediction market traders now see a 65% chance the president will quit the race.Source link

Elon Musk Wants to Colonize Mars With His Tech—And Genes: Report

The SpaceX CEO is offering the expertise of his companies to put humans on Mars, as well as his sperm, says the New York Times.Source link

Telegram Game ‘Musk Empire’ Lets You Earn Crypto While Upgrading Elon

TELEGRAM TRYOUT: This rising tap-to-earn game lets you develop and enhance your own Elon Musk ahead of a TON token airdrop.Source link

Malaysia Loses Over $700 Million Worth of Electricity to Illegal Crypto Miners, Says Minister

According to a government minister, Malaysia lost $727 million worth of electricity stolen by illegal crypto miners between 2018 and 2023. The minister also warned that power companies have methods to detect unauthorized mining activity. Illegal Crypto Mining Detrimental To Malaysians Says Minister Between 2018 and 2023, the theft of electricity by illegal cryptocurrency minersSource link