Blythe Masters Looks Beyond Finance for Next Wave of Blockchain Growth
The enterprise DLT startup now sees a vast range of opportunities, both within the industry where its founder spent most of her career and outside it.
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BitGo to Pay $93K to US Treasury to Settle 183 ‘Apparent’ Sanctions Violations
Dec 30, 2020 at 8:57 p.m. UTCUpdated Dec 30, 2020 at 9:26 p.m. UTCBitGo CEO Mike Belshe (CoinDesk archives)BitGo to Pay $93K to US Treasury to Settle 183 ‘Apparent’ Sanctions ViolationsBitcoin custodian firm BitGo agreed to pay $93,830 in a settlement pact with the U.S. Treasury over 183 “apparent violations” of multiple sanctions programs.Because of…

Former Terraform Labs CFO Han Chang-joon Extradited to South Korea by Montenegro
Han Chang-joon, the former CFO of Terraform Labs, has been extradited to South Korea by Montenegrin authorities, an official notice from Monday shows.Han was arrested with Terra co-founder Do Kwon in March 2023 while trying to travel with falsified documents. The two were sentenced to four months in prison by a Montenegro court a few

Vodafone Is the Latest Big Company to Quit Facebook-Founded Libra Association
Jan 21, 2020 at 20:00 UTCUpdated Jan 21, 2020 at 20:21 UTCCARRY ON: “The design of Libra’s governance and technology ensures the Libra payment system will remain resilient,” said policy chief Dante Dispate following Vodafone's departure. (Image via CoinDesk archive)British telecom conglomerate Vodafone has become the eighth company to pull out of the Libra Association,…

US Congress Weighs Bill Spelling Out CFTC’s Crypto Derivatives Oversight
news The U.S. Congress will soon vote on a bill providing new information about the Commodity Futures Trading Commission’s (CFTC) authority over the cryptocurrency derivatives markets. A provision in the 2019 CFTC Reauthorization Act clarifies how the regulator would collect information on digital commodities contracts and commodity swaps. The bill is heading to the House…

For $15K, He’ll Fake Your Exchange Volume – You’ll Get on CoinMarketCap
feature The Takeaway Gotbit inflates trading volumes on obscure cryptocurrency exchanges for a fee and has about 30 token projects as clients. The firm programs bots to trade tokens back and forth with each other, creating the illusion of active markets so the assets can get listed on CoinMarketCap. Its co-founder says exchanges are aware…

Bitcoin Miner Marathon Digital Misses Q1 Revenue Expectation On Operational Challenges
Marathon Digital (MARA), one of the largest bitcoin miners, missed consensus first-quarter revenue expectations due to operational challenges it faced during the quarter.The company mined just 2,811 bitcoin during the year's first three months, down 34% from the previous quarter.04:26Bitcoin Miner Marathon Digital First-Quarter Earnings Beat Expectations08:52Marathon Digital CEO: We're Bullish on Bitcoin07:01Mara CEO on

Deutsche Bank-Backed Taurus Starts Tokenizing German SME Loans
Taurus, a Swiss crypto custody firm backed by Deutsche Bank (DBK), has partnered with Teylor, a Zurich-based fintech lending platform specializing in the German SME marketplace, adding to the current trend for all sorts of tokenized assets.Teylor’s credit portfolio tokens, whose structure was overseen by law firm Allen and Overy, can be admitted for secondary

Brazil to Impose 15% Tax on Crypto Earnings Held on Offshore Exchanges: Report
The Brazilian Senate approved new income-tax regulations that could mean citizens will face paying up to 15% on earnings from cryptocurrencies held on international exchanges, Yahoo Finance reported Thursday.The regulation, if sanctioned by President Luiz Inacio Lula da Silva, could be effective as of Jan. 1. The bill has been approved by the Chamber of