Changpeng Zhao gets 4 months, Sam Bankman-Fried gets 25 years — Why?
One former CEO went to trial and maintained his innocence, one admitted fault and turned himself in.
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Most of Cash App’s $528M Revenue in Q1 Came From Bitcoin
Square reports that Bitcoin composed the bulk of Cash App’s revenue in the first quarter, though it added much less to profit. On May 6, Square released its filings for the first quarter of 2020. The filings publicized revenue for Square’s Cash App, a majority of which came from Bitcoin.The numbers for Q1 and Bitcoin’s…
Democratic lawmaker says TRUMP coin represents the ‘worst of crypto’
Representative Maxine Waters did not mince words discussing Trump’s official memecoin, calling it a rug-pull scheme that left investors unable to seek legal action.
‘Blockchain Heroes’ Collectibles Are Based on Real Crypto Personalities
Blockchain Heroes features 50 superhero collectible cards inspired by top crypto personalities. 581 Total views 11 Total shares A new digital trading card series on the WAX blockchain — Blockchain Heroes — will feature 50 unique superheroes inspired by top influencers, inventors and content creators throughout the blockchain community.The series, developed by co-hosts of The…
Bitcoin gets $28K ‘plunge protection’ with BTC price due new volatility
Bitcoin (BTC) traders braced for classic volatility on July 26 as the United States Federal Reserve interest rate decision dawned.BTC/USD 1-hour chart. Source: TradingView“Let the games begin” for Bitcoin — FOMC day arrivesData from Cointelegraph Markets Pro and TradingView showed BTC price action hovering near $29,200.While barely moving since the start of the week, Bitcoin…
Fintech Firm Launches App For Crypto Owners to Trade All Markets Without Any Fees
A fintech company is taking on the retail trading industry and giving crypto owners the opportunity to use digital currencies as collateral and to trade across markets with fiat funds — avoiding any commissions or fees.Quantfury says its mission is to make the markets “absolutely transparent and fair” while giving crypto enthusiasts an opportunity to…
Silicon Valley Bank collapse: Everything that’s happened until now
The sudden collapse of Silicon Valley Bank (SBV) has quickly unfolded over the course of three days, depegging stablecoins, leading regulators in the United States and United Kingdom to prepare emergency plans and raising fears among small businesses, venture capitalists and other depositors with funds stuck at the California tech bank.Cointelegraph's team compiled a roundup…
CTFC wins record $3.4B penalty payment in Bitcoin-related fraud case
The CFTC said it's the largest fraudulent Bitcoin scheme charged in any of its cases and the "highest civil monetary penalty ordered in a CFTC case." 596 Total views 5 Total shares Own this piece of history Collect this article as an NFTA record-breaking $3.4 billion penalty has been handed down by a Judge in…
David Marcus and His Calibrated Effort to Save Libra
David Marcus was born in France, grew up in Paris and Geneva, and had shown interest in tech from his early years. At 23, he founded his first company — internet provider GTN — and later sold it.Related: Who Is David Marcus: Bitcoin Believer Turned Facebook Libra Co-CreatorMarcus is currently the head of Calibra, a…