In the past week, CryptoWatch has seen many changes, developments, and experts that are weighing in on cryptocurrency's operations, with one significant report that centers on an investor that claims that the digital coins are "dead in America." It also saw a bizarre easter egg from Apple engineers that included the Bitcoin whitepaper on the macOS which was recently removed.
Not to mention the significant push from Coinbase against the SEC, centering on the Commission's lack of response regarding its rules and regulations for companies to follow.
Investor Claims Cryptocurrency is 'Dead' in the US
(Photo : OZAN KOSE/AFP via Getty Images)
Chamath Palihapitiya is a known technology investor, and he previously said in a statement that "cryptois dead in America," a bold statement for a now bouncing-back industry in the country. The investor claimed that this is because of the many regulations and restrictions for the digital coin industry, as the United States has put significant efforts into its crackdowns.
According to CNBC, Palihapitiya is blaming the US government for its actions against cryptocurrency, one that restricted and backed it into the corner to adhere to its rules, or else a ban would be placed.
Moreover, there are significant companies that are now looking to leave the US market, particularly as the SEC has not been clear about the regulations that affect its operations in the country.
Read Also: Hackers Are Reportedly Stealing Crypto from AT&T Emails
Bitcoin Whitepaper Disappears from macOS
A whitepaper is what explains what a new technology is, and was a common document for starting cryptocurrencies in the industry. Bitcoin started with a whitepaper when it first introduced itself, and this particular piece of writing was previously found on the macOS, initially discovered by users, and verified by others who have checked and claimed to see it as well.
(Photo : Dan Kitwood/Getty Images)
However, this whitepaper recently disappeared from the macOS last week, and it left people who want to check it out without anything to see from their computers.
It was originally discovered by Andy Baio who shared his findings via a blog post.
Here, he detailed that it was an accidental discovery as he was preparing to print a document and discovered the document from the computer's files. This recent discovery on the first week of April showed that it was still available until the macOS 13 Ventura.
Moreover, it was also claimed that this was available in the OS since 2018 but was only placed as an easter egg or insider joke by Apple engineers.
Coinbase is Going After SEC
Coinbase is not holding back with its complaints and grievances against the US Securities and Exchange Commission (SEC), particularly as it filed a suit against the regulators for not being clear in their rules for the cryptocurrency.
As per Coinbase, it has previously submitted a petition in 2022 that asks the regulators for their explanation regarding a certain rule for crypto exchange companies, which has not yet been answered until now.
With this uncertainty and lack of transparency on the SEC's end, Coinbase is not holding back from what it has to say about the shortcomings of the Commission.
Coinbase has taken legal action by filing a lawsuit against the SEC in an attempt to compel the regulator to respond.
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