Former Celsius CEO accused, BTC hash rate hits new high🫣
It’s another day full of regulatory news on the cryptocurrency front. First, former Celsius CEO Alex Mashinsky was jointly arrested by the U.S. Department of Justice, SEC, CFTC, and FTC and charged with fraud. The charges covered a wide range of matters, including (CEL Representative currency) price manipulation, misrepresentation and money transfer fraud. Finally, back to BTC, Bitcoin’s hash rate has recently reached an all-time high as miner competition intensifies and more equipment is deployed, especially after ETH upgraded to proof-of-stake. In addition, recent institutional investment and support for Bitcoin miners It has also increased efficiency and professionalism in the field, although the percentage of transaction fees paid to miners has returned to normal levels after the Ordinals-led surge in May.
