Ex-CFO that stole $5M to trade crypto and ‘meme stocks' gets 3 years prison
Cooper Morgenthau embezzled $5 million from three different companies and lost almost all of it trading cryptocurrencies and "meme stocks."
Posts published on April 27, 2023 go to media archive 1/4
Zcash’s Latest Software Release Goes Live
The new release, version 5.5.0, is part of an effort to “deliver a solid and reliable user experience.”
UK Treasury seeks input on taxing DeFi staking and lending
The proposed regulatory changes seek to simplify how DeFi returns are taxed and reduce the “administrative burden” for taxpayers.
AI tool created by JPMorgan analyzes Fed speeches to signal trades
The investment bank uses OpenAI's ChatGPT to sniff out trading signals from Federal Reserve policy statements.
BNB Price Lacks Momentum Above $335 But Dips Likely To Be Limited
BNB price (Binance coin) faced a major resistance near $345 against the US Dollar. It is now testing key support at $325, below which it might dive to $315. Binance coin price is slowly moving lower from the $345 resistance against the US Dollar…
Microstrategy Founder Michael Saylor to Argentines: ‘You Need Bitcoin’ — Critics Insist BTC Is Too Volatile
CTFC wins record $3.4B penalty payment in Bitcoin-related fraud case
The CFTC said it's the largest fraudulent Bitcoin scheme charged in any of its cases and the "highest civil monetary penalty ordered in a CFTC case."
Ethereum Price Looks Set For Another Leg Over $2K
Ethereum price is trading in a positive zone above $1,850 support against the US Dollar. ETH could rally toward $2,000 if it stays above the $1,880 support. Ethereum is consolidating and facing resistance near the $1,925 level. The price is trading…
Bitcoin Bulls Keep Pushing, Why Rally Isn’t Over Yet
Bitcoin price started a fresh increase above the $29,000 resistance. BTC could rally if there is a clear move above the $30,000 resistance. Bitcoin is moving higher above the $28,800 and $29,000 resistance levels. The price is trading above $28,800…
First Mover Asia: Bitcoin Holds Steady Above $29K as Investors Look Toward Next FOMC Meeting
ALSO: William Shatner, Star Trek's Captain Kirk, releases an NFT collection and touts the potential of crypto in an entertaining half-hour discussion at CoinDesk's Consensus 2023 conference.
Former President Donald Trump Says US Dollar Is Crashing — Warns ‘We’re Very Close’ to World War III
Former FTX exec Ryan Salame’s home searched by FBI: Report
It’s unclear what the Bureau was searching for in the home of the former co-CEO of FTX Digital Markets, who worked closely with Sam Bankman-Fried.
SEC's Gary Gensler takes another swipe at crypto in educational video
The SEC boss reiterated that “the law is clear” on cryptocurrencies being securities, while others highlighted the lack of regulatory clarity in the U.S.
3 Giga-Brained Ideas From Consensus Day 2
Crypto shows that ideas can be valuable, even if they’re not useful … yet.
Robert Kiyosaki Warns of Economic Chaos, War Breaking Out, Gold Crashing
Rich Dad Poor Dad author Robert Kiyosaki has warned of economic chaos, a war breaking out, hyperinflation, and rising starvation. Commenting on de-dollarization on a “massive scale,” he stressed: “It’s a weaponization of our U.S. dollar…
Coinbase execs respond to SEC's Wells notice in person and on video
Coinbase founder Brian Armstrong and chief legal officer Paul Grewal spoke about the company’s Wells notice from the SEC on YouTube and at Consensus 2023.
Leaders in Decentralized Identity Slam Soulbound Tokens
On a panel discussing how to protect your identity, the consensus was that SBTs were absolutely the wrong path.
XRP Dominates The Market: ADV On Centralized Exchanges Surged by 46% In Q1 2023, Report
XRP, the sixth-largest cryptocurrency by market capitalization, has recorded significant gains in the first quarter of 2023. Despite a drop from its yearly high of $0.590, XRP dominated the crypto market with total sales in Q1 2023 of $361.06M, net…
William Shatner Warps Into Web3 With ‘Infinite Connections’ NFT Release
Star Trek actor William Shatner is releasing an NFT collection Infinite Connections, filled with artwork with science and technology themes.
China’s wave of ChatGPT rivals, Alibaba goes multichain: Asia Express
Huawei unveils latest in wave of Chinese ChatGPT rivals, Alibaba’s multichain bridge, Hong Kong crypto exchange regulations imminent.
'The war room was despondent' — Scaramucci recounts FTX collapse at Consensus
The SkyBridge founder said that Binance CEO Changpeng Zhao is not to blame for the collapse.
Dogecoin Bears Unshaken Despite New Trading Pair Addition On Top Exchange
Dogecoin bears dealt a blow on the Shiba Inu-inspired meme-coin yesterday after a sudden Bitcoin rally which saw the alpha coin reclaim the $30,000 price level and instantly crash to previous support levels. Several cryptocurrencies, including…
Coinbase Shares Wells Response, Challenges SEC’s Change in Attitude Towards Its Core Businesses
On April 27, Coinbase, the crypto exchange based in San Francisco, made public the disclosure of its response to the Wells notice it had received from the U.S. Securities and Exchange Commission (SEC) back in March. The company maintained that the…
Coinbase Will Be 'Best Investment' Over Next 5 Years: Boost VC's Adam Draper
Adam Draper, an early investor in the crypto exchange, made the comment on stage at CoinDesk's Consensus conference.
Chelsea Manning: 'I'm Trying to Put the Cryptography Back in Crypto'
The whistleblower turned security consultant also says the internet's basic infrastructure is not suited to privacy.
Robinhood launches fiat-to-crypto on-ramp for self-custody wallets and DApps
Robinhood Markets announced the launch of its new “Robinhood Connect” service and numerous updates to its app.
Bitcoin Circles Above $29.5K as Investors Weigh Sluggish GDP, Latest Banking Woes
BTC dipped slightly during U.S. morning trading Thursday after the Commerce Department reported a slow 1.1% gain in GDP for the first quarter – below consensus expectations of 2% annualized – but later rebounded.
Bitcoin Bloodbath: Market Volatility Sparks Panic, Wipes Out $1 Billion In Open Interest
In the last 24 hours, Bitcoin (BTC) has experienced a sharp increase in volatility, with prices fluctuating between $29,000 and $27,000, given the lack of liquidity in the market. This sudden price action has had a significant impact on bulls and…
Greenidge Generation Completes Deployment Of 9,150 Bitcoin Miners Of Which 6,914 Will Be Hosted With Core Scientific
The agreement is set to bring approximately $7.5 million of annual revenue according to Greenidge CEO Dave Anderson.Greenidge Generation Holdings Inc. has signed a hosting agreement with Core Scientific, Inc. in which Core Scientific will operate…
US House committees hear similar testimonies in simultaneous hearings on digital assets
A range of speakers addressed issues like agency turf wars and regulator fitness in hearings on regulatory gaps.