Bitcoin News Roundup for May 11, 2020

Sam Bankman-Fried has been found guilty on all seven counts of fraud, and his first trial has come to a close with FTX's founder and former CEO facing a possible century in prison.Last November, FTX's collapse kicked off a deep, dark crypto winter with the possibility of billions in customer funds lost and regulators hell-bent

news Another top executive is leaving ConsenSys. Chief marketing officer Amanda Gutterman is the latest to depart the ethereum venture studio, according to two sources familiar with the matter. She becomes the third executive departure in recent months, with Andrew Keys announcing his new project on June 6 and former ConsenSys Ventures head Kavita Gupta…

Nov 12, 2020 at 7:04 p.m. UTCUpdated Nov 12, 2020 at 7:32 p.m. UTCECB President Christine Lagarde speaks Thursday about the prospects for a digital euro at an online forum. (European Central Bank)ECB’s Lagarde Has ‘Hunch’ Digital Euro Will Launch in 2-4 YearsEuropean Central Bank President Christine Lagarde said she believes the region’s monetary authority…

Apr 23, 2020 at 17:29 UTCUpdated Apr 23, 2020 at 17:37 UTCImmunity passes may feature a QR code, or PDF, that could be scanned or reviewed on your smartphone. (Credit: Unsplash)As governments look to lift restrictive measures put in place for the coronavirus, one genre of proposals is to give people who have recovered from…

news A new piece of  ransomware called Syrk will encrypt files on your hard drive while deleting entire folders if the ransom is not paid. The malware is based on the open source Hidden-Cry program, an encryptor that appeared online last December and has been the basis for many bits of malware over the past year. Image…

Crypto custody can be a challenging topic, as there are many options investors and advisors face when considering the storage, security and accessibility of digital assets. In today's main article, Todd Bendell, from Amphibian Capital, discusses the different custody options financial advisors need to know.Meredith Yarbrough from LaHoja Capital Partners answers questions about bitcoin custody

news Crypto exchange Bittrex is being sued over a SIM swap that netted criminals 100 bitcoin, currently worth nearly $1 million. The case resembles other recent high-profile heists in which a hacker seizes control of a victim’s cell phone to then loot online crypto accounts: the swap was from cellular carrier AT&T, money was taken…

The business intelligence company already has 70,784 bitcoins.MicroStrategy CEO Michael Saylor(CoinDesk archives)Jan 28, 2021 at 9:31 p.m. UTCMicroStrategy May Get Creative to Make Future Bitcoin Buys: CEOMicroStrategy CEO Michael Saylor pledged to keep pouring the business intelligence company’s excess cash into bitcoin Thursday, telling investors his team will also “explore various approaches” for additional buys.…

Aug 12, 2020 at 21:46 UTCCoinbase CEO Brian Armstrong (CoinDesk archives)Coinbase will allow U.S. retail customers to borrow fiat loans against as much as 30% of their bitcoin holdings in the fall, the San Francisco-based exchange announced Wednesday.  Coinbase is one of the largest and most regulated crypto exchanges to get into the lending business,…