Coinbase wins $470K restitution in insider trading case
The brother of a former Coinbase employee allegedly profited from an insider trading scheme and now has 20 years to repay the funds. The brother of a former Coinbase employee…
Circle and BlockFi questioned on banking with SVB by Warren and AOC
Circle and BlockFi executives were questioned after the lawmakers accused SVB of “coddling” and giving “white glove” treatment to its largest depositors. Executives at the stablecoin issuer Circle and the…
Bitfinex Securities El Salvador receives Digital Asset Service provider license in El Salvador
The license granted by El Salvador’s National Digital Asset Commission will allow Bitfinex Securities to issue and trade secondary assets on a regulatory-compliant platform. Digital asset exchange Bitfinex Securities El…
Uniswap funds DAO incentive improvement project
The project will provide at least three proposals for Uniswap incentive mechanisms by June. Financial modeling platform Gauntlet has been awarded a grant from Uniswap Foundation to improve DAO incentive…
The feds must rein in crypto-financed terrorism
Government should develop Know Your Customer procedures for social media and messaging services and take stronger measures to track cryptocurrency transactions. While regulators and policymakers dither and try to decide…
GPT-4 apps BabyAGI and AutoGPT could have disruptive implications for crypto
Crypto users are getting excited over the prospect of automating their trades with future-facing technologies built with the GPT-4 API. A recent spate of applications built on OpenAI’s GPT-4 API…
Core Scientific debtors petition bankruptcy court to approve new president
The debtors appointed Adam Sullivan, a managing director at investment banking firm XMS Capital Partners, to assume the role of president amid the firm’s bankruptcy proceedings. The debtors behind bankrupt…
Stablecoin less preferable form of tokenized money, BIS paper finds
Bearer instruments such as stablecoin harken back to the days of pre-central bank “free banking,” with all the risks that implies, a BIS working paper says. The singleness of money…
Justin Sun Denies Rumors Of His Arrest In Hong Kong
Tron founder Justin Sun has denied the rumors claiming that he got arrested in Hong Kong. The rumors started circulating on Twitter earlier today after multiple influencers reported Sun’s arrest.…
Cleanspark Purchases 45,000 Bitcoin Mining Devices, Adding 6.3 EH/s to Current Fleet
On Tuesday, the bitcoin mining company Cleanspark announced that it had purchased 45,000 Antminer S19 XP bitcoin mining devices for a total price of $144.9 million. Cleanspark stated that the…
2023’s Bitcoin Obituaries: Bitcoin Defies 6 Death Predictions With 80% Price Increase Since End of 2022
It’s been more than 100 days since the end of 2022, and the price of bitcoin has risen more than 80% since then. Over the past 30 days, bitcoin has…
BingX Introduces a New Trading Category Within the Market Segment in Preparation for Shanghai Ethereum Upgrade 2023
PRESS RELEASE. BingX, the Singapore-based crypto exchange, is pleased to announce the launch of a new category to optimise its trading system for the Shanghai Ethereum upgrade. This move is…
Biggest Movers: SOL 15% Higher, as LTC Hits 5-Week High
Solana was up by as much as 15% on Tuesday, as momentum in cryptocurrency markets shifted higher. The global crypto market cap is up by 4.42% at the time of…
Bitcoin continues to shine with 98% of inflows into crypto investment products
According to CoinShares, Bitcoin received $56 million of inflows last week, which accounted for 98% of all investments into digital asset investment products. On April 11, European cryptocurrency investment firm…
French central bank looks at certification, incorporation as part of DeFi regulation
The Banque de France presented a well-written consideration of issues related to DeFi and forthcoming MiCA regulation, with suggestions. The Banque de France has contributed to the discussion of European…