New York Man Arrested, Charged With Fraud For Alleged Role in $59M Crypto Pyramid Scheme
12.5.2022
A New York man has been arrested and charged with fraud for his role in alleged crypto investing scheme “EminiFX."
Shanghai court affirms that Bitcoin is virtual property, subject to property rights
12.5.2022
A district court in Shanghai ruled for Bitcoin owner’s right to compensation in case involving unpaid loan and decided on Bitcoin legal status in the process
Libra Creator David Marcus Begins New Lightning Network Venture, Lightspark
12.5.2022
Details are vague, but Lightspark has raised an undisclosed funding round co-led by Andreessen Horowitz and Paradigm
Look out below! Ethereum derivatives data hints at further downside from ETH
12.5.2022
ETH options pricing and the top traders' long-to-short ratio signal a lack of confidence in the $1,700 support
Luna's Collapse Shows DeFi's Dire Need for Technical, Regulatory Controls
12.5.2022
Derivatives' Old Guard Fights FTX Chief Over Plan to Cut Out Middlemen
12.5.2022
FTX chief Sam Bankman-Fried spent hours before U.S. lawmakers Thursday defending his request to allow customers to directly clear margin-backed crypto derivatives. The existing derivatives industry and its allies argued he’s seeking a power that could stretch well beyond crypto
FTX CEO Sam Bankman-Fried Buys 7.6% Stake in Robinhood
12.5.2022
The buy represents a 7.6% stake in the popular trading app
US Senate confirms Jerome Powell for another four years as Fed chair
12.5.2022
In a 80–19 vote in the Senate, U.S. lawmakers confirmed Jerome Powell as the next chair of the Federal Reserve System, where he will also serve as a board member until 2028
The Latest Zcash Software Release Supports the Network’s ‘Largest Upgrade in History’
12.5.2022
According to the Electric Coin Company, the team behind the cryptocurrency network Zcash, the protocol is soon to implement the largest upgrade in history. The Zcash development team has released the 5.0.0 codebase which supports the NU5 upgrade that will occur on or around May 31, at block height...
Core Scientific Cuts Hashrate Outlook, Q1 Revenue Misses Estimates
12.5.2022
Despite the news, shares of the miner were up in after-hours trading
Market Wrap: Bitcoin Stabilizes as Altcoins Underperform; Expect More Volatility
12.5.2022
Bitcoin (BTC) is experiencing less selling pressure relative to some altcoins, which is a risk-off signal. Analysts expect more volatility because of ongoing stablecoin risks
Crypto-associated stocks hammered as COIN and HOOD drop to record lows
12.5.2022
The stock price of listed BTC mining companies and other businesses with exposure to cryptocurrency are dropping to yearly lows as the crypto market continues to sell-off