VanEck CEO Jan van Eck sees a major sentiment shift underway in the cryptocurrency market linked to the U.S. Securities and Exchange Commission’s approval of a rule change allowing for Ethereum exchange-traded funds. “This is really one of the most amazing things that I’ve seen in my career with respect to securities regulation,” van Eck … Read more
Former Binance CEO Changpeng “CZ” Zhao (C) departs federal court in Seattle, Washington, on April 30, 2024. Jason Redmond | AFP | Getty Images Binance’s billionaire founder Changpeng Zhao has reported to a low-security federal prison in Lompoc, California. CNBC reached out to Zhao’s defense team at Latham & Watkins to confirm that the former crypto … Read more
Ryan Salame, former co-chief executive officer of FTX Digital Markets Ltd., arrives at federal court in New York, US, on Tuesday, May 28, 2024. Yuki Iwamura | Bloomberg | Getty Images Ryan Salame, a former top lieutenant of FTX founder Sam Bankman-Fried, has been sentenced to 90 months, or seven and a half years, in … Read more
Grand and Bruno created a video to explain the technical details more thoroughly. RoboForm, made by US-based Siber Systems, was one of the first password managers on the market, and currently has more than 6 million users worldwide, according to a company report. In 2015, Siber seemed to fix the RoboForm password manager. In a … Read more
Bitcoin fell as traders monitored transfers by wallets belonging to the failed Mt. Gox exchange, whose administrators have been stepping up efforts to return a $9 billion hoard of the largest digital asset to creditors. The original cryptocurrency dropped as much as 2.7% and was trading at about $67,840 as of 12:15 p.m. Tuesday in … Read more
On May 22nd each year, the cryptocurrency community commemorates Bitcoin Pizza Day, an event marking a significant milestone in digital currency history. This day celebrates the first-ever real-world transaction using Bitcoin, a moment that has become a symbolic tale of Bitcoin’s journey from an obscure technology to a global financial force. The Pizza That Started … Read more
For years, the Securities and Exchange Commission has been cracking down on the crypto sector writ large, but in the last few months, the agency appears to have trained its sights on ethereum, in particular. Some of the biggest names in decentralized finance are now fighting back. In a 40-page filing Tuesday, Uniswap Labs — … Read more
“Astrology is the measure of time,” says San Francisco-based financial forecaster Marsilio Musing via a Zoom call with the camera off. To him, the art of interpreting planetary movements is similar to making predictions based on the movement of stock and asset performance over a specific period. “I’ve been at this for a long time, … Read more
New York Attorney General Letitia James is settling with crypto lender Genesis for $2 billion, in an effort to repay defrauded investors. The company, once a business at the heart of Digital Currency Group, was among the multiple casualties in the industry contagion set off by the collapse of FTX. The firm filed for Chapter … Read more
“We’ve seen a cascading effect from the pronouncement on a host of other litigations globally,” says Grewal. “For people outside of crypto, [all this] might sound cartoonish. But with Wright’s claims falling by the wayside, the community can exhale. We think it’s a real win.” The ruling has also had implications for Bitcoin Satoshi Vision, … Read more
