Bitcoin
BTC
, ethereum, XRP
XRP
and other major cryptocurrencies have been reinvigorated this year (with a game-changing China earthquake on the horizon).
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The bitcoin price has almost doubled since the beginning of 2023, triggering a flurry of huge bitcoin price predictions that could be about to blow up ...
Roman Storm and Roman Semenov, who co-founded Tornado Cash, have been charged by the U.S. for their involvement in creating and developing this blockchain privacy tool.
The co-founders are facing counts of conspiracy to commit money laundering, conspiracy to violate sanctions, and conspiracy to operate an unlicensed money transmitting business, according to the Department of Justice indictment, unsealed on August 23, 2023. The two first char...
On September 7 I had the opportunity to attend the 7th annual Philly Fintech Summit hosted by the Federal Reserve of Philadelphia. The event featured a terrific lineup of speakers, including many crypto luminaries that I’ve covered and interviewed for this newsletter in recent years such as former OCC Comptroller Brian Brooks, former CFTC Chair Christopher Giancarlo, Circle Chief Strategy Officer Dante Disparte, Coinbase Chief Legal Officer Pa...
In one corner of the internet, self-proclaimed ‘degen’ cryptocurrency traders propel meme-based tokens like dogecoin
DOGE
to eye-watering valuations in the billions — nearly $9 billion in the case of doge.
For comparison, the United Nations is struggling to fund its plan to solve world hunger, which would require an estimated $6.6 billion — 27% less than dogecoin's current market capitalization. Imagine a world where, instead of dogeco...
Rep. Patrick McHenry, a known advocate for bitcoin, has assumed a temporary leadership role in the U.S. House of Representatives, providing a possible boost for pending legislation around bitcoin regulations. According to Reuters, McHenry takes the reins following the historic ouster of Speaker Kevin McCarthy, the first time a Speaker has ever been removed.
The House Republicans are searching for a permanent replacement for McCarthy, during...
Web3 investment has been steadily falling since late 2021 as investors take a step back from the mercurial cryptocurrency ecosystem. In the third quarter of this year, investment in Web3 startups fell for the seventh straight quarter, data from Crunchbase show.
The decline was steep: Web3 startups raised $1.3 billion in the July-September period, compared to about $2 billion in both the first and second quarters.
But compared to last year a...
The Securities and Exchange Commission is suing Binance, the world’s largest cryptocurrency exchange, its U.S. affiliate and founder Changpeng Zhao.
Among the reams of evidence provided by the agency, which include employee text messages, testimonies of former executives and Binance’s audit reports, some accusations seemed especially bizarre. Here are five that caught our eye:
The former chief compliance officer said “there’s no fking way...
Nevada regulators ordered Prime Trust to end operations on Thursday, after the cryptocurrency custodian was unable to satisfy customer withdrawal requests. The decision was announced just hours after rival BitGo announced it was abandoning a takeover of the company.
The state’s Department of Business and Industry said in an order posted on its website that Prime Trust’s financial condition “has considerably deteriorated to a critically defic...
Jonathan Kirkwood is a cofounder and managing member of Ten31, a venture capital firm that exclusively invests in the bitcoin ecosystem. In this discussion we cover why Ten31 only focuses on bitcoin, how his firm tries to pick winners in the space, his thoughts on the rise of ordinals and meme tokens on bitcoin and how he is preparing his portfolio firms for the halvings. We also focus on bitcoin miners and ways that they are trying to take ad...
