As we gear up for Sam Bankman-Fried’s day in court, it seems prudent to step back and unpack what happened in late 2022 that got us here today:It is one of the most consequential documents in financial history, given that it caused the collapse of a $32 billion empire in ju
Coin Metrics latest “State of the Network” report takes a deep dive into Coinbase’s revenues, a perennially interesting subject for those looking to understand the crypto exchange market in the U.S. According to the latest figures, Coinbase has seen cash inflows
Ethereum is eating all the blockchains. That’s fine.If history is a prologue, then Ethereum is going to eat the entire blockchain sector and everything that is not Ethereum will eventually become an Ethereum Layer 2. I believe the recent decision by CELO stakeholders to shi
When you invest in cryptocurrency, you face risks such as no legal protection for your money and the potential for scams and hacks. American businessman, Mark Cuban recently became the victim of a...
The gaming industry has evolved remarkably over the past few decades, transcending from simple pixelated screens to immersive virtual worlds that engage millions of players worldwide.
Sam Bankman-Fried stands accused of committing wire fraud and conspiracy to commit several other types of frauds. His once-mighty crypto exchange, FTX, collapsed in dramatic fashion nearly a year ago, shedding billions in value. And in two weeks, he’ll begin his effort to c
A new U.K. bill is set to give local authorities powers to freeze and confiscate crypto assets tied to crime if approved later this year.Policy watchers say the bill could help prevent tainted assets from being moved before seizures in criminal cases, and possibly even contribute
The New York State Department of Financial Services (NYDFS) is setting out to tackle a massive regulatory object: How crypto exchanges like Coinbase, Gemini and others list – and perhaps more importantly, delist – tokens. According to a new public service announcement
This afternoon in a Washington, D.C., courtroom, lawyers will argue over a seemingly straightforward question: Is Binance.US a client of crypto custody provider Ceffu or not?Regulators are concerned over the apparent use of Ceffu by the U.S. arm of the world’s largest crypt
The New York Times recently got hold of a trove of writings from Sam Bankman-Fried, supposedly from when he was under house arrest. While the most interesting parts are yet unreleased – like a 70-page Twitter thread reportedly offering the ex-CEO of FTX’s “side&
This past week, executives from leading artificial intelligence (AI) companies met with a bipartisan group of senior U.S. Senators. It was only the latest indication that Washington has turned its full attention to AI technology. The technology has been the subject of a president
When we founded Blockchain Association five years ago it was an open question whether or not the digital assets industry could make effective use of a trade association to argue its priorities in front of Congress and other federal regulatory agencies. Kristin Smith is the CEO of
Crypto has made “non-compliance . . . [its] business model,” at least according to U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler. With that belief pervasive among the regulators primarily tasked with regulating securities in the United States, it is
This month, the Blockchain Association, crypto’s leading trade association in Washington D.C., marks its fifth anniversary. The lobby shop now has 114 member companies, per a press release today, including big names like Coinbase, Kraken, CoinFund, Pantera Capital, Ripple a
The ongoing battle between the U.S. Securities and Exchange Commission and prospective issuers of bitcoin (BTC) spot ETFs is dominating current crypto headlines. An approved bitcoin ETF would increase access and signal a bullish new chapter for crypto.Investors who limit their ex
Originally, this newsletter was an analysis on whether or not Sam Bankman-Fried would be released from jail ahead of trial. A short while ago, Judge Lewis Kaplan, of the U.S. District Court for the Southern District of New York, ruled he wouldn’t be. So this is now just tha
Vitalik Buterin and friends may have found a genuine solution to blockchain’s privacy-leaking problem. Or at least a new way to build cryptocurrency mixers that maybe won’t get their operators thrown in jail.In case you didn’t see it last week, there’s a n
By any measure, the Bitcoin network is still in its infancy. While the concept of digital money is decades old – most dollars today only exist on individual account holder’s computer screens and in centralized ledgers at banks – the idea of holding one’s w