Sen. Warren calls out ‘sham audits’ while SVB threatens crypto bankruptcy

United States Senators Elizabeth Warren and Ron Wyden asked the Public Company Accounting Oversight Board (PCAOB) to hold auditors accountable for failed crypto projects.  The PCAOB — a non-profit ove...

Mike Novogratz Claps Back At Sen. Warren Over Silvergate Criticism

In a recent development, a crypto investor jabbed Senator Elizabeth Warren for criticizing Silvergate bank. Warren shared a Twitter post, reacting to the recent collapse of the bank and reminding the ...

Sen. Mitch McConnell Hospitalized After Falling At Washington Hotel

Topline Senate Minority Leader Mitch McConnell (R-Ky.) was hospitalized on Wednesday after he suffered a fall during a private dinner at a hotel in Washington D.C. Senate Minority Leader Mitch McConne...

No More SEN. Now What?

After Silvergate’s March 1 revelation to regulators that it’s in trouble, crypto companies took a step back.  Analysts and investors are wondering how the industry will pivot without a key access...

Silvergate Bank Shutters SEN Network to Reduce Risk

Silvergate Capital has shuttered its Silvergate Exchange Network (SEN) as a “risk-based” decision following a second downgrade by rating agency Moody’s. The firm added that its deposit services remain...

Silvergate suspends Silvergate Exchange Network as company reels from crises

Silvergate suspended its Silvergate Exchange Network on Friday, the result of what it called “a risk-based decision.”  The network shutdown comes after Moody’s downgraded Silvergate’...

ShapeShift responds to Sen. Warren’s comments to ‘set the record straight’

Switzerland-based crypto platform claimed Warren made “mistakes” in comments at a recent senate hearing and encouraged her to “constructively engage” with its community. Noncustodial crypto platform S...

Sen. John Fetterman in hospital for depression

Sen. John Fetterman, D-Pa., checked himself into a hospital to “receive treatment for clinical depression,” his chief of staff said Thursday. Fetterman, the 53-year-old freshman senator wh...

Sen. Fetterman Hospitalized For ‘Severe’ Depression

Topline Sen. John Fetterman (D-Pa.) admitted himself to Walter Reed National Military Medical Center on Wednesday night after experiencing “severe” depression, according to an aide, less than a week a...

Sen. Warren vows reintroduction of AML bill that extends to DAOs and DeFi

A bi-partisan Anti-Money Laundering (AML) bill that covers “decentralized entities” such as decentralized finance (DeFi) protocols and decentralized autonomous organizations (DAOs) will soon be reintr...

California Sen. Dianne Feinstein, 89, Will Not Seek Reelection

Topline Longtime Democratic California Sen. Dianne Feinstein announced Tuesday she will not seek reelection in 2024, ending a storied career in politics spanning more than 50 years and setting up what...

Astronaut Sen. Mark Kelly praises ‘stunning’ space business

Arizona Sen. Mark Kelly speaks at the annual Commercial Space Transportation conference on Feb. 9, 2023. Michael Sheetz | CNBC Arizona Sen. Mark Kelly, who flew to space four times over a 15-year care...

Sen. John Fetterman Hospitalized After Feeling ‘Lightheaded’ Months After Stroke

Topline Sen. John Fetterman (D-Penn.) has been hospitalized overnight after feeling lightheaded, his staff said in a statement late Wednesday, months after Fetterman suffered a stroke on the campaign ...

Sen. Elizabeth Warren Praises SEC: Efforts to Regulate Crypto Commendable

In an interview, Warren openly praised SEC for its efforts in crypto regulations. As crypto is about to come under regulations, lobbyists are trying to evade it.   Speaking harshly against crypto, lob...

Crypto Industry ‘Scared of a Strong SEC’: Sen. Elizabeth Warren

Massachusetts Senator Elizabeth Warren had strong words for the crypto industry on Wednesday, calling on the U.S. Securities and Exchange Commission to do more to fight crypto fraud. In prepared remar...

A ‘Strong SEC’ Has Crypto Industry Players Running Scared, US Sen. Warren Says ⋆ ZyCrypto

Advertisement &nbsp &nbsp Sen. Elizabeth Warren (D-Mass.) unleashed a fury against the cryptocurrency industry on Wednesday. Speaking during an interview with the American Eco...

Retiring Sen. Toomey introduces new stablecoin bill 

Sen. Pat Toomey, R-Pa., introduced a bill that would establish a federal framework for stablecoins and aims to “guide Congress” toward future crypto regulation, less than two weeks before the Republic...

Elon Musk Picks High-Stakes Fight With Sen. Elizabeth Warren

They are old enemies.  Two enemies who like to fight each other.  Elon Musk and Senator Elizabeth Warren never miss an opportunity to attack each other. This time, it was the former candidate for the ...

Sen. Elizabeth Warren sent a letter to Tesla’s board accusing Elon Musk of ‘unavoidable conflicts’ at Twitter and possible ‘misappropriation of corporate assets’

Sen. Elizabeth Warren (D-MA) has sent a letter to Tesla’s board that accuses CEO Elon Musk of “unavoidable conflicts,” and potential “misappropriation of corporate assets” related to his $44 billion a...

Bipartisan Ban On TikTok Introduced By Sen. Rubio

Topline Sen. Marco Rubio (R-Fla.) announced bipartisan legislation Tuesday to ban TikTok in the U.S., citing national security concerns that the app—owned by Chinese firm ByteDance—could be used to sp...

Arizona Sen. Sinema Leaving Democratic Party, Becoming An Independent

Topline Arizona Sen. Kyrsten Sinema will leave the Democratic Party and register as an independent, according to a video statement Friday, following Georgia Sen. Raphael Warnock’s runoff election vict...

Sen. Warren goes after Silvergate’s relationship with FTX

Elizabeth Warren and two other Republicans questioned Silvergate regarding the crypto bank’s involvement with FTX and the Bankman-Fried businesses.  As NBC News wrote, Elizabeth Warren, a Massachusett...

Crypto Bank Silvergate Slides Further After Letter from US Sen. Warren

“[There are] reports that Mr. Bankman-Fried ‘secretly transferred some $10 billion of customer funds to his trading vehicle, Alameda Research,’ to fund ‘risky bets,’ violating both U.S. securiti...

Analysis of Silvergate Capital’s FTX and BlockFi Public Letters

December 6, 2022, 12:06PM EST • 4 min read Quick Take December 5, 2022 Silvergate CEO Alan Lane releases public letter addressing FTX, Alameda and the recent market turmoil  Closed December 5, 2022 tr...

After Months at Arm’s Length, Sen. Brown Opens Door for Crypto Legislation

“Single regulatory agencies currently generally do not have a comprehensive view of crypto asset entities’ activities,” Brown argued in his letter, which highlighted the findings of a report from the ...

Senate Lacks Votes To Pass Assault Weapons Ban, Sen. Murphy Says—As Other Gun Bills Remain Stalled

Topline Democrats have called on Congress to approve an assault weapons ban after fatal mass shootings in Virginia and Colorado in recent days, but Sen. Chris Murphy (D-Conn.) said Sunday he does not ...

Sarah Palin Loses Another House Bid And Sen. Murkowski Defeats Trump-Backed Challenger

Topline Rep. Mary Peltola (D-Alaska) defeated former governor and close Trump ally Sarah Palin in a race for Alaska’s sole House seat, according to state election officials, while Sen. Lisa Murkowski ...

US Sen. Elizabeth Warren says crypto will ruin economy — Community responds

The downfall of former crypto exchange FTX has had the entire industry in disarray since the situation began to unravel days before it declared bankruptcy on Nov. 11. A new op-ed from United States Se...

US Sen. Warren and Durbin demand answers from Bankman-Fried and his successor at FTX

United States Senators Elizabeth Warren and Richard Durbin wrote to the former and current CEOs of FTX — Sam Bankman-Fried and John Jay Ray III, respectively — on Nov. 16 to ask for more information o...

The Block: Binance had ‘at minimum ill-intent’ in revoked FTX proposal: Sen. Ted Cruz

Sen. Ted Cruz said that Binance showed “at minimum ill intent” regarding the offer it made and quickly took back to buy FTX last week. Noting the speed of Binance’s public offe...