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New Funding Round Could Bring ConsenSys Value To USD 3 Billion


https://www.ft.com/content/1773d1ed-0df0-46c1-9732-223c4012bc48">citing undisclosed sources briefed on the plans.While ConsenSys did not officially acknowledge its plans, should they be confirmed, the financing would represent a significant milestone for the New York-based company. It cou

'Dark Phase' Ahead on DeFi Regulatory Front, yearn.finance Creator Warns


p>The comments from the outspoken DeFi founder came during a virtual panel discussion titled ‘The Future of DeFi’, hosted by crypto researcher Messari for its Mainnet 2021 event in New York City on Tuesday.In the discussion, moderated by investor and partner at the DeFi Alliance Qiao Wang

US Court Sentences Cryptocurrency Hedge Fund Founder to 7.5 Years in Prison


The founder of two cryptocurrency hedge funds in New York, Stefan Qin, has been sentenced to 7.5 years in prison and three years of supervised release. He is also ordered to forfeit about $55 million. The Department of Justice (DOJ) said that he “engaged in a scheme to steal assets”...

Former BitMEX Exec Agrees To Be Extradited From Bermuda To US


nor Rena Lalgie.    Bermuda’s Magistrates’ Court first heard on July 1 that the District Court for the Southern District of New York had requested Dwyer to be extradited to the US, but his attorney requested an extradition hearing on behalf of his client, local paper The Royal Gazet

Pundits Rage about ‘Skewed’ New York Times Crypto-DeFi Front Page


An article published on the front page of the New York Times (NYT) has claimed that a “boom in companies offering cryptocurrency loans and high-yield deposit accounts” is “disrupting the banking industry” and has left regulators “scrambling to catch up.” But it is an article that has already...

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