Brooklyn ICO Promoter Sentenced to 18 Months in Federal Prison

Matrixport says low volatility makes switching to bullish call options a viable strategy to optimize returns.Options look cheap as bitcoin's key volatility gauges have fallen to multi-year lows.Crypto traders should consider rotating money out of bitcoin (BTC) and into bullish call options tied to the cryptocurrency to optimize their returns, crypto services provider Matrixport said…

Arthur Hayes, CEO of BitMEX, at CoinDesk Consensus 2018 (Credit: ConiDesk archives)Japan has amended the way cryptocurrencies are regulated within the country, prompting BitMEX to begin restricting access to local residents, the exchange announced last week.The move follows a cabinet order, released April 3, with amendments made to the Japan Financial Instruments and Exchange Act…

news A 20-year-old man has been formally charged in a New York Supreme Court indictment over SIM-swapping identity and crypto theft. The Manhattan District Attorney’s Office announced Friday that Dawson Bakies, a resident of Ohio, is charged with stealing identities and the cryptocurrency holdings of over 50 victims across the U.S. from October to December…

Aug 10, 2020 at 22:21 UTCUpdated Aug 10, 2020 at 22:22 UTCHow a Decentralized Randomness Beacon Could Boost Cryptographic SecurityKey takeaways: The League of Entropy is launching the first production-ready version of drand, a network that produces "randomness" (also known as entropy) for anyone to use. Randomness is essential to cryptographic security.Filecoin is the first…

Nexus Mutual, a startup that provides decentralized alternatives to traditional insurance, has partnered with InShare, a firm that manages mutual insurance organizations, to bring blockchain-based cover to real world risks.The partnership sees Nexus adding some of its $274 million on-chain capital pool capacity to The Retail Mutual, a U.K.-based mutual organization comprising more than 5,000…

Genopets, a Solana-based non-fungible token (NFT) “move-to-earn” game where players are rewarded for the steps they take in real life, has raised an $8.3 million seed round, the company announced Monday.The round was led by Konvoy Ventures and Pantera Capital with investment from Alameda Research, Old Fashion Research, Solana Capital, Xoogler Ventures, Mechanism Capital and…

opinion Noelle Acheson is a veteran of company analysis and member of CoinDesk’s product team. The following article originally appeared in Institutional Crypto by CoinDesk, a newsletter for the institutional market, with news and views on crypto infrastructure delivered every Tuesday. Sign up here.  With so much buzz around tokenized securities, compounded by strong progress…

Commissioner Summer Mersinger, of the Commodity Futures Trading Commission (CFTC), is one of the few U.S. regulators who is routinely willing to defend the crypto industry and call out what she sees as overzealous oversight. She will be speaking at Consensus 2024 in Austin, Texas, on May 30.CoinDesk caught up with Mersinger to discuss the

Sun.io, the DeFi platform associated with Tron founder Justin Sun, has released a token generator dubbed SunPump. The new platform will rival Solana's pump.fun token generator. $10 million has been set aside to provide resources to newly issued tokens and a review process put in place to avoid rug pulls. 06:07 Crypto Hopefuls Seek Value