CFTC’s Johnson urges Congress to expand commission’s crypto oversight powers

Commodity Futures Trading Commission (CFTC) Commissioner Kristin Johnson has urged Congress to adopt legislation that "closes the current gap in the oversight of crypto spot markets."During a speech at a digital assets conference at Duke University on Jan. 21, Johnson proposed a…

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Nifty News: Porsche ends ‘low effort’ NFT mint early, Oreo dunks into the Metaverse and more

Porsche criticized for 'low effort' NFTs, ends mint earlyCar manufacturer Porsche had to cut short a nonfungible token (NFT) mint of its famous white 911 model only two days after the public mint started, saying its “holders have spoken.” The Jan.…

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Breaking: BlockFi uncensored financials reportedly shows $1.2B FTX exposure

Bankrupt crypto lending firm BlockFi has reportedly uploaded uncensored financials by mistake, revealing $1.2 billion in assets tied up with bankrupt exchange FTX and its related trading firm Alameda Research.According to a Jan. 24 report from CNBC, the unredacted filings show that…

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Digital Currency Group halts dividends in an effort to preserve liquidity

Venture capital firm Digital Currency Group (DCG) has told shareholders it is halting its quarterly dividend payments until further notice as it attempts to preserve liquidity.According to the letter sent to shareholders on Jan. 17, the firm is focused on “strengthening our…

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