Cryptocurrency

New York Attorney General Letitia James today filed a lawsuit against cryptocurrency companies the Gemini Trust Company, trading firm Genesis Global Capital, and crypto conglomerate Digital Currency Group (DCG) for allegedly defrauding more than 230,000 […]

Binance has long been the world’s largest cryptocurrency exchange by trading volume. Still, on Monday, traders looking to buy and sell bitcoin (BTC) quickly on Binance were at a relative disadvantage to their peers on […]

On Friday, a person familiar with the matter said the U.S. Securities and Exchange Commission wouldn’t appeal its loss in the Grayscale case. “The SEC’s decision not to appeal against a ruling that it was […]

Section 10 of the SAFER Banking Act is more than just a stronger legal requirement; it’s a statement of intent. It signals the end of an era where discriminatory banking practices stifled innovation and forced […]

Caroline Ellison, former CEO of Alameda Research, testified that she committed fraud at the direction of her ex-boyfriend and former colleague, FTX exchange founder Sam Bankman-Fried. Ellison, 28, is the government’s highly anticipated star witness […]

Ellison was far from an unwitting front-person during her time at Alameda, said Mark Cohen, Bankman-Fried’s lead attorney, in his opening argument in defense of Bankman-Fried. Instead, she was firmly in control of the reins […]

Digital asset investment funds witnessed inflows for the second week totalling $78 million, the largest inflows since July, according to data from CoinShares. Bitcoin investment funds saw the largest proportion of inflows, totalling $43 million. […]

Eventually, the arbitrage window closed, and Alameda’s consistent source of profits dried up. Although during the heady days of 2021-22 Bankman-Fried would recount the trade as a legendary period, it’s likely that the firm actually […]

BLOCKCHAIN BAKE-OFF! In July, when the smart-contracts blockchain Celo proposed to ditch its independent “layer-1” status in favor of becoming a layer 2 network atop Ethereum, the people behind the project may have had little […]

Oct. 4: Oasis Network, a privacy-enabled blockchain platform backed by the crypto-friendly VC firm Andreesen Horowitz (a16z), “is set to introduce syROSE, a synthetic version of its native ROSE token in Q4 2023,” according to […]