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On February 24, 2022, 5:30 am Moscow time, Russian President Vladimir Putin announced to the world that Russia was initiating a “special military operation” to “demilitarize and denazify” Ukraine. In reality, Russia was launching a full-scale invasion to overthrow Ukraine’s democratically elected government. Bombs began to fall on cities across
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Coinbase, the only U.S.-listed crypto exchange, has climbed 19% since then, including a 14% jump yesterday that took the share price to $160.38 as bitcoin (BTC), the largest cryptocurrency by market cap, climbed through $52,000. The Nasdaq Composite stock index gained 5.9% in the same period. Source
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Cryptocurrency exchanges that fail to meet South Korea’s stringent operating standards will be expelled from the crypto market, the country’s financial intelligence agency has said. The Financial Intelligence Unit said its annual work plan incorporates the insights of cryptocurrency experts serving on its advisory committees. South Korea to Deploy System
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U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has outlined a “very real economic difference” between crypto like bitcoin and fiat currencies like the U.S. dollar. “You have a whole central bank, and support for one currency, generally per economic region,” the SEC chief noted, adding that we don’t
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He points out that outflows from ETFs - driven by Grayscale’s Bitcoin Trust (GBTC) - outpaced the inflows for the funds that Coinbase provides custodial services for, dragging down Coinbase’s ETF-related assets under management (AUM). In addition, spot volumes on the exchange have slowed after the initial excitement surrounding the
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The greatest lie country music ever told was convincing the world that it is white. That hillbilly music turned white at the turn of the 20th century. And that Black musicians who created this music, alongside low-income white people, were suddenly classified under “race music.” The lie became a truth. Since
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A U.S. court has postponed the sentencing of Changpeng Zhao, the ousted CEO of the crypto exchange Binance, to April 30. A Seattle Federal Court notice did not share reasons for the delay in Zhao’s sentencing while his lawyer reportedly declined to comment on the matter. Uncertain Times for CZ
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The developers behind the new proposal, BastionZero co-founder Ethan Heilman and Botanix Labs lead software engineer Armin Sabouri, describe their refreshed version of OP_CAT as a simple piece of coding – just a dozen or so lines. They say it could provide the general-purpose functionality that's been missing from Bitcoin
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Investors in the bankrupt cryptocurrency exchange Voyager Digital are suing the National Basketball Association (NBA), and New Jersey’s oldest law firm, McCarter & English. This emerging legal battle illustrates how even some of the largest and most reputable brands and companies can quickly become ensnared in controversy in an industry
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