butterscotch is the only media outlet exclusively covering news about inclusion in Web3, DeFi, crypto. CHEWS is our inaugural, weekly newsfeed, providing timely policy updates, industry trends, market research.
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SEC Replaces Crypto Enforcement Team with Smaller ‘Cyber’ Unit - Bloomberg
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Trump’s CFPB shutdown makes consumer protection a selling point - Pitchbook
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Blockchain Association CEO Kristin Smith on Crypto Regulation Optimism - Bloomberg
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Senate confirms pro-crypto Howard Lutnick as Secretary of Commerce - The Block
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Big Day for Crypto Goes South in a Hurry After a Giant Hack. Hours after Coinbase said the S.E.C. was dropping a lawsuit against it, another major cryptocurrency exchange reported a potentially record-setting theft. - NY Times
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The European Central Bank wants to establish a blockchain-based payment system that allows financial institutions to settle transactions in central-bank money, a potential step toward introducing a wholesale central bank digital currency, or CBDC. - Bloomberg
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$1.4 Billion Crypto Exchange Hack
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Crypto exchange Bybit experienced a hack last Friday, as over $1.4 billion worth of crypto was stolen. The attacker transferred all of the ETH in the wallet to an unidentified address.
The hack is being followed in real time on 'crypto-twitter,' as funds are disbursed among wallet addresses.
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The Dubai-headquartered crypto exchange was victim to a cold wallet hack according to Ben Zhou, co-founder & chief executive of Bybit.
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Ethereum's Vitalik Buterin Warns Against Casino Applications
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Vitalik Buterin Disappointed With Embrace of Blockchain “Casinos.” Buterin also said that if the community continues on with this “moral reversal,” he would no longer participate in the Ethereum ecosystem.
“But I found an interesting point: on the internet, many people will say those things, but when I chat with the community in person, everyone’s values are the same as before, so I feel like I have a responsibility to this community and can’t abandon them,” Buterin added.
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WATCH THE GET DOWN PODCAST PROMO |
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Stream all episodes with host Ritzy P on your favorite platform.
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CRYPTO BLACK HERITAGE BRIEFING |
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Last week's Black History Month Crypto Luncheon Briefing hosted by Blockchain Leadership Institute was a powerful commemoration, with discussions featuring Tiffany J. Smith, Ebony Thompson, Dr. Nicol Turner Lee, Charla Ouertatani, Chastity Murphy, John Mitchell, Cleve Mesidor, Sierra DeSousa, and others. The program focused on the transformative potential of emerging tech and was held at the CTA Innovation House.
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butterscotch is a digital news studio broadcasting stories about Black, Latino, Indigenous DeFi retail investors, Web3 consumers, founders, executives, officials. The virtual newsroom - featuring eNews, Podcast, Live Events – seeks to deepen mainstream understanding of diverse segments of the emerging $3+ trillion crypto industry.
Cleve Mesidor, CEO & Managing Editor
Ashlynn Mesidor, CTO & Co-Founder
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