Hester Peirce, often referred to as the “Crypto Mom” has been nominated for a second term at the U.S. Securities and Exchange Commission. Peirce is known in the crypto community for supporting the space.

Japanese cryptocurrency exchange Coincheck, which was hacked for $500 million of NEM in 2018, has suffered a data breach that may have exposed the personal information of around 200 customers.

Argo Blockchain, a publicly-traded crypto mining firm, has seen its BTC mining revenue drop after the halving event but claims it was prepared for it.

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Top stories in the Crypto Roundup today:

• ‘Crypto Mom’ Hester Peirce Nominated for Second Term at the SEC
• Coincheck Suffers Data Breach That May Have Exposed Some Users’ Personal Information
• Argo Blockchain Sees BTC Mining Revenue Drop After Halving Event

At the time of writing, bitcoin (BTC) is trading at $9,646.26 (1.46%) with a daily Top Tier volume of $2.05 bn. As for ether (ETH), it is trading at $243.49 (2.75%) with a daily Top Tier volume of $865.57 million. The MVIS CryptoCompare Digital Assets 10 Index is currently tracking at 3,271.69 (1.12%).

‘Crypto Mom’ Hester Peirce Nominated for Second Term at the SEC

Hester Peirce, one of the five commissioners with the U.S. Securities and Exchange Commission (SEC, as been nominated for a second term at the regulatory agency. Peirce is often referred to as “Crypto Mom” for being a prominent advocate of the nascent space.

The “Crypto Mom” name came specifically after she publicly dissented on the SEC’s decision to reject a bitcoin exchange-traded fund (ETF) application filed by the Winklevoss twins, Cameron and Tyler Winklevoss.

She took office in January 2018 after U.S. President Donald Trump nominated her to finish the last two years of a five-year term. The new term will see her serve through 2025, according to Bloomberg Law.

Recently, the SEC has proposed a safe harbor for crypto startups looking to issue tokens to allow projects to raise funds and begin operations, without going against U.S. securities laws.

Coincheck Suffers Data Breach That May Have Exposed Some Users’ Personal Information

Japanese cryptocurrency exchange Coincheck has announced it suffered a data breach that may have leaked the emails and personal information of some of its users. This information could include names, registered addresses, birth dates, phone numbers, and selfie IDs.

The data breach reportedly affected around 200 customers who made email inquiries between May 31 and June 1. According to the exchange, a third party gained access to its domain registration service and fraudulently accessed customer emails through it.

As a result of the breach, Coincheck has decided to halt its crypto remittance service, although trading, deposits, and withdrawals haven’t been suspended. Per the firm, customers’ assets weren’t affected.

Coincheck, it’s worth noting, suffered the biggest hack in the cryptocurrency space’s history, as in January 2018 hackers believed to be from the Lazarus group stole nearly $500 million worth of NEM from the platform. The exchange was later acquired for $33.5 million by the Monex Group.

Argo Blockchain Sees BTC Mining Revenue Drop After Halving Event

Argo Blockchain (LON:ARB), a publicly-traded cryptocurrency mining firm, has seen its monthly mining margins – revenue minus operating costs – drop to 34% in May, from 39% in April. In total, the firm mined 252 BTC last month, compared to 319 BTC in April.

The drop was due to the Bitcoin halving event, which occurs every four years. Argo’s total mining capacity has remained stable at 18,000 machines, and at the end of May, the firm said it has 117 bitcoin equivalents, following its asset management strategy.

Argo’s chief executive officer Peter Wall said in a statement:

"We were well prepared for the halving and our healthy mining margin post-halving shows that Argo was extremely well-positioned for this event.”

Wall added that Argo expects bitcoin’s mining difficulty to drop in the next adjustment, which could improve the firm's margins.

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