Arizona Bitcoin Trader Gets Jail Sentence for Money Laundering

Coinbase has hired Amazon Web Services general manager Tim Wagner as its new vice president of engineering.

Apr 16, 2020 at 13:03 UTCMichael Sonnenshein image from CoinDesk archivesIn a record first quarter, Grayscale reports that many institutional investors took advantage of market turbulence to increase their exposure to cryptocurrencies.The crypto-focused investment firm raised a total of $503.7 million in Q1 2020, nearly double the previous quarterly high of $254.8 million reached in…

Ether saw a 10% increase in the last 24 hours, reaching over $2,800, while other cryptocurrencies experienced profit-taking. This surge is linked to optimism around DeFi following Trump's presidential win, where expectations of pro-crypto policies and deregulation are boosting investor confidence. Trump’s potential policies might ease regulatory burdens, allowing DeFi projects more freedom and possibly

news WASHINGTON – Facebook CEO Mark Zuckerberg told lawmakers that the company would pull out of the Libra Association in the event the consortium launched its proposed cryptocurrency without all needed regulatory approvals. In a hearing of the House Financial Services Committee Wednesday, Zuckerberg fielded pointed questions on a variety of controversial issues around the…

Bitcoin financial services firm Swan is introducing a "collaborative custody" service using Blockstream's hardware wallet Jade.The Swan and Blockstream tie-up will enable users to retain ultimate control of their bitcoin (BTC) while knowing that it is stored in a secure way offline, the two firms announced Thursday.Collaborative custody, in this instance, refers to a multi-signature

news Enterprise blockchain firm R3 is adding a second floor to its London office to accommodate a hiring spree. It’s a move that comes amidst a momentous period in the U.K., when the country appears on the verge of completing its long-in-the-making exit from the European Union. R3’s efforts to add 50 staff members to…

Depending on whom you ask, Lido is either Ethereum's best chance at staving off centralization, or accelerating that undesired fate.On the one hand, Lido, a liquid staking provider on Ethereum, may have done more than any other to expand access to staking – the process that helps keep the second-most-valuable blockchain up and running.This profile

Crypto exchanges, some hosted wallet providers and payment processors will face new tax rules in as soon as two years.The proposal, which is opening to a comment period and public hearings, would exempt miners and certain other types of activities.The U.S. Treasury Department has finally unveiled its definition of a "broker" for the crypto industry,…

news Mobile finance app Revolut has launched a new feature allowing users to “auto-exchange” cash and cryptocurrencies. The firm announced Tuesday that its over 4 million users can now automatically exchange, say, U.S. dollar (USD) to bitcoin (BTC) or ether (ETH) to XRP, based on a pre-set target rate. Fiat-to-fiat exchanges are also possible. Once a…