Bitcoin
Five months in, bitcoin ETFs are down big but showing signs of staying power
The bitcoin futures ETFs have slightly underperformed the spot cryptocurrency in a volatile first five months of existence. Source
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‘A total disaster’: Crypto firms face being booted from the UK as a key deadline approaches
A novelty Bitcoin token photographed on a £10 note. Matt Cardy | Getty Images LONDON — A slew of cryptocurrency companies could be forced to wind down their business in the U.K. if they fail to register with the finance watchdog ahead of a key deadline next week. From Mar. 31, firms operating crypto services […]
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Bitcoin is a lifeline for some Ukrainian refugees, like this 20-year-old who escaped with $2,000 on a thumb drive
Civilians continue to flee from Irpin due to ongoing Russian attacks in Irpin, Ukraine on March 07, 2022. Wolfgang Schwan | Anadolu Agency | Getty Images On the morning that Russia went to war with Ukraine, Fadey woke up at 9am to a deluge of Telegram messages from friends asking him what was happening on […]
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Crypto investor Katie Haun raises $1.5 billion, the largest debut fund ever by a female VC
Crypto investor Katie Haun has raised $1.5 billion for her new fund after leaving Andreessen Horowitz, and shattered multiple records in the process. Haun Ventures’ kickoff marks the largest debut venture fund ever raised by a solo female founding partner, according to Pitchbook. Former investment banker Mary Meeker held the prior record with a $1.3 […]
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UK watchdog puts 50 crypto companies on notice over ‘misleading’ ads
A bitcoin ATM inside a shop in Finsbury Park, London, on Feb. 4, 2022. Luke MacGregor | Bloomberg | Getty Images LONDON — Over 50 cryptocurrency companies have been sent enforcement notices by the U.K.’s advertising watchdog as part of a regulatory crackdown on promotions in the industry. The Advertising Standards Authority said Tuesday it […]
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Accused bitcoin launderers in plea talks with prosecutors, court documents say
Booking photos for Heather Morgan and Ilya Lichtenstein. Courtesy: Alexandria Adult Detention Center. Federal prosecutors on Monday said they were in plea negotiations with a New York couple recently arrested on charges of trying to launder $4.5 billion worth of stolen bitcoin cryptocurrency. The talks were cited in a request by prosecutors asking a judge […]
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Goldman Sachs announces milestone with first over-the-counter crypto trade with Galaxy Digital
A Goldman Sachs Group Inc. logo hangs on the floor of the New York Stock Exchange in New York, U.S., on Wednesday, May 19, 2010. Daniel Acker | Bloomberg | Getty Images Goldman Sachs is pushing further into the nascent market for derivatives tied to digital assets. The firm is close to announcing that it […]
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Jim Chanos reveals new short position in crypto exchange Coinbase
His comments came on CNBC’s “Closing Bell: Overtime” to Scott Wapner on Friday after the close. Source
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Ukraine legalizes crypto sector as digital currency donations continue to pour in
Ukraine has started to accept dogecoin and a number of other cryptocurrencies as donations as Russia continues its invasion. Nurphoto | Getty Images Ukraine has passed a law that creates a legal framework for the cryptocurrency industry in the country. The bill, which was adopted by Ukraine’s parliament last month and signed into law by […]
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Microsoft dives into Web3 with investment in Ethereum co-founder’s start-up ConsenSys
Joseph Lubin, co-founder of Ethereum. Adam Jeffery | CNBC Blockchain start-up ConsenSys has raised $450 million in a new round of funding that more than doubles its valuation to $7 billion. The cash injection was led by ParaFi Capital, ConsenSys said Tuesday, with Microsoft, Japan’s SoftBank and Singapore’s Temasek also joining as new investors in […]
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