SEC
CFTC Chair Indicates Agency Will Increase Crypto Enforcement: Report
Rostin Behnam said the agency was facing a rapidly increasing number of cases and would add resources to address crypto fraud.

Nigeria’s SEC Affirms All Digital Assets Are Securities in New Rulebook
Rules look to clarify crypto’s role in the economy by providing a regulatory framework.

FTX CEO Sam Bankman-Fried Buys 7.6% Stake in Robinhood
According to an SEC filing, FTX CEO Sam Bankman-Fried bought 56 million Robinhood (HOOD) shares on May 2, representing a 7.6% stake in the popular trading app. HOOD rose more than 20% upon the news. "The Hash" hosts react, discussing what could be next. Is a Robinhood-FTX.US merger on the horizon?


Grayscale Had ‘Productive’ Meeting With SEC on Bitcoin ETF Conversion
The SEC to date has approved several futures-based bitcoin ETF products, but has delayed or outright rejected all spot bitcoin ETF applications.

Coinbase Has No Risk of Bankruptcy, New 10-Q Disclosure Language Is SEC Requirement, CEO Armstrong Says
The new language points out that customers could be treated as general unsecured creditors if there ever were to be such proceedings.

Cipher Raises Year Hashrate View While Cutting Power Guidance
The stock of the miner lost almost 50% of its value in one day.

How Low Could BTC & ETH Go?
As the crypto markets continue to slide, Valkyrie Co-founder & CIO Steven McClurg discusses the potential bottoms for BTC and ETH, citing the impact of the Fed’s half-point interest rate hike. Plus, reactions to UST stablecoin briefly losing its peg to the U.S. dollar and Valkyrie’s Bitcoin Futures ETF securing SEC approval.

Global NFT Sales Rise; Hong Kong Embraces NFTs
Bitcoin tumbles with Nasdaq’s worst performance since 2020. Chinese mining rig maker Canaan placed on SEC pre-delisting list. NFT market breaks out of bear territory. Hong Kong sees explosion in NFT exhibitions. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

Nvidia Failed to Disclose Crypto Mining Revenue Impact in 2018, SEC Says
Without admitting or denying the charges, the chipmaker agreed to pay a $5.5 million dollar fine to settle the affair.
