● The U.S. Congress has a positive attitude towards Bitcoin mining
A U.S. Congressional document shows that Congress has a relatively positive attitude towards Bitcoin mining. This document, named H. RES. 238, shows that Proof-of-Work mining is an important part of the United States achieving its energy goals and promoting economic growth. (Planet Daily)
● Nick Timiraos: Fed officials hinted that they may stop raising interest rates soon
Nick Timiraos, chief economics correspondent of The Wall Street Journal and known as the "Fed's mouthpiece," said the Fed raised interest rates by another 25 basis points, but hinted that the Fed may end its rate hike earlier than expected two weeks ago due to turmoil in the banking system. (Jinshi)
● SEC accuses a group of celebrities of endorsing cryptocurrencies
The SEC filed charges against a group of celebrities, accusing them of violating the law by endorsing unregistered cryptocurrencies. They include actress Lindsay Lohan, social media influencer Jake Paul, rapper DeAndre Cortez Way, singer Austin Mahone, adult star Michele Mason, etc. (Silicon UK)
● Arbitrum’s total transaction volume has increased by 54% since the announcement of the token airdrop, with more than 400,000 new users in the past two weeks
According to Arbiscan data, the total number of Arbitrum transactions increased by 54% to 1,218,525 from 786,389 when the token airdrop was announced a week ago. In addition, according to Henrystats' Arbitrum dashboard data based on Dune Analytics, Arbitrum added more than 400,000 new users in two weeks, with a cumulative number of users exceeding 3 million.
● New York federal prosecutors file criminal fraud charges against Do Kwon
Hours after Terraform Labs founder Do Kwon was arrested by police in Montenegro, federal prosecutors in New York charged him with fraud. A spokesman for the Manhattan U.S. Attorney's Office said the Justice Department will seek to extradite Do Kwon to the United States. (CoinDesk)
● Do Kwon has been arrested in Montenegro
Montenegrin Interior Minister Filip Adzic said on Twitter that Do Kwon had been arrested in Montenegro.