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Insider wallets started cashing out just three hours after the token was launched, erasing over $4 billion from its market capitalization.
Brent Kovar allegedly attracted investors to the Ponzi scheme through a YouTube video and PowerPoint presentation, promising annual returns of 15% to 30%.
The SEC has requested an additional 28 days to review Coinbase’s appeal in their legal battle that has been ongoing since June 2023.
Asset manager Grayscale plans to introduce staking to its spot Ether ETFs but says it will not guarantee or promote any specific level of returns to investors.
According to an analysis from VanEck, US states with pending strategic reserve legislation could drive $23 billion of demand for Bitcoin.
This week’s business newsletter explores Goldman Sachs’ U-turn on digital assets after the investment bank purchased Bitcoin and Ether ETFs.
El Salvador aims to become LATAM’s crypto Silicon Valley, but these aspirations hinge on better relations with US banks.
Soaring crypto trading volumes drove higher-than-expected revenues and profits for the exchanges.
Bitcoin price faces pressure as $651 million in spot BTC ETF outflows lead traders to focus on the $95,000 support.
The SEC met with representatives from the Blockchain Association, Jito Labs, Multicoin Capital, Nasdaq, Andreessen Horowitz, and Sullivan & Cromwell.
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