Voyager Token Jumps 20% as $7.3M VGX Sent to Burn Address
The native token [VGX] of bankrupt crypto brokerage firm Voyager Digital surged by 19% on Friday after on-chain data revealed that a Voyager wallet sent 52 million tokens ($7.3 million) to a burn address.
BitGo and Copper Combine Crypto Custody Settlement Networks
The network effect of BitGo’s cold storage settlement system and Copper’s ClearLoop comprises exchanges like Bybit, OKX, Powertrade, Bitget, Gate.io, Deribit, BIT, Bitfinex, and Bitstamp.
Singapore Police Issue Warning Over WhatsApp Phishing Scam
Singapore's police force have issued a warning in relation to a new variant of a phishing scam that involves hackers taking over a victim's WhatsApp account and contacts.
U.S. October Jobs Up 150K, Missing Forecasts for 180K; Bitcoin Remains Lower at $34.3K
Interest rates have fallen sharply this week across the U.S. yield curve, in part as traders place bets the Fed is finished tightening monetary policy.
First Mover Americas: Sam Bankman-Fried Guilty on All 7 Counts
The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 3, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
'Unanimous Verdict, Your Honor': Sam Bankman-Fried's Conviction Was Inevitable
Twelve jurors spent less than five hours deciding the facts. They asked for portions of transcripts from Paradigm's Matt Huang and Third Point's Robert Boroujerdi testimony, as well as highlighters and Post-it Notes, and when they didn't…
Sam Bankman-Fried Prosecutor Promises 'Handcuffs for All' Crypto Crooks
Damian Williams, the U.S. attorney for the powerful Southern District of New York, set an ominous warning following the conviction of former crypto kingpin Bankman-Fried.
Prisoners’ Dreams to Stash $54M in Crypto in Exotic Locales Dashed as Feds Grab Them for Treasury
Federal law enforcement has seized $54 million worth of cryptocurrencies from the leader of a notorious New Jersey drug ring, U.S. Attorney Philip R. Sellinger said Thursday in a statement.
Most of the charges facing SBF this week won’t ever be relevant to most crypto companies. But charges the government cannot pursue today could be, say Andrew C. Adams and Kane Smith, at Steptoe & Johnson LLP.
Solana Is Down 15% Since Hitting a 14-Month High. Is the Rally Over?
Solana's [SOL] spectacular comeback – up over 300% this year – has captivated crypto market participants after being one of the most beaten-down assets during the bear market.
Discredited Crypto Terrorist Funding Figures Gain Fresh Life in House Hearing
Despite a raging online debate discrediting the scale of crypto support for terrorist groups, the story continues to resonate in important places. Most recently on Thursday, the ranking Democrat at a hearing in the U.S. House of Representatives…
U.S. SEC's Knock From Congressional Watchdog May Not Budge Crypto Accounting Policy
As the U.S. Securities and Exchange Commission (SEC) Chair keeps chasing non-compliance in crypto, his agency was slammed by the watchdog Government Accountability Office (GAO) for its own compliance failure in issuing crypto accounting standards…
Want Crypto Adoption? Give Consumers What They Really Want
It’s time to accept consumers for who they really are, and give them what they really want, which is money, status and functionality, says Magalena Kala.
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