Cryptocurrencies recover after bitcoin retreats from new record

Selim Korkutata | Anadolu Agency | Getty Images Cryptocurrencies bounced on Wednesday, recovering much of the losses from the previous day’s sell-off, which came soon after bitcoin hit an all-time high. Bitcoin jumped 7.2% to $66801.38, according to Coin Metrics, while ether rocketed more than 12% to $3,793.99, its highest level since January 2022. On … Read more

Prosecutors want Binance’s CZ kept on tighter leash ahead of sentencing

Changpeng Zhao, founder and CEO of Binance, attends the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris on June 16, 2022. Benoit Tessier | Reuters U.S. prosecutors Friday asked a judge to tighten the bond conditions of billionaire Binance founder Changpeng “CZ” Zhao as he awaits his … Read more

Criminal sentencing of Binance founder CZ postponed to late April

Changpeng Zhao, founder and CEO of Binance, attends the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris on June 16, 2022. Benoit Tessier | Reuters The criminal sentencing of Binance founder Changpeng Zhao on a money laundering rule charge has been postponed until April 30, according to … Read more

Companies not in hurry disclose beneficial ownership new Treasury rule

U.S. Treasury Secretary Janet Yellen gives a statement to the press during her visit in Mexico City, Mexico December 6, 2023. Daniel Becerril | Reuters WASHINGTON — Treasury Secretary Janet Yellen on Monday announced that just one week after a major new reporting requirement went into effect, over 100,000 small businesses have already registered with … Read more