Changpeng Zhao teases writing project ahead of reporting to prison
On April 30, a judge sentenced the former Binance CEO to four months in federal prison but did not set a reporting date at his hearing.
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The cryptocurrency markets are trading at record low volatility as investors have largely stayed away during the holiday season. That could be because investors are unsure about the cryptocurrencies that could lead the next bull run.Cumberland senior research analyst Steven Goulden said in a “Year in Review” report that he expects four “emerging narratives” to…

Goldman Sachs and Barclays invest in UK crypto trading platform Elwood
The global head of digital assets for Goldman Sachs said the demand for cryptocurrency from institutions is rising and the firm has been “actively broadening” its market capabilities to cater to that demand. 108 Total views 2 Total shares Banking giants Goldman Sachs and Britain’s Barclays have joined a $70 million Series A funding round…

Avara’s Lens secures $31M for SocialFi-focused L2 blockchain
Lens will give users ownership of their data and a chance for monetization when the mainnet launches early next year.

OpenAI launches grant for AI democratic governance project
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Iran is giving $24 to anyone who dobs in illegal crypto miners
The boss of Iran’s state-run electricity company said some had exploited subsidized electricity to run crypto mining operations, straining the power grid.

Crypto Regulation Is Coming To Europe: Are Exchanges Ready for New Rules?
The deadline is rapidly approaching. 5AMLD — the Fifth Anti-Money Laundering Directive — is a piece of legislation that brings fiat-to-crypto exchanges and custodial wallets across the European Union under a new first-of-its-kind regulatory framework. Exchanges must achieve compliance with the rules by January 10, 2020. Time is ticking away, causing some exchanges to scramble, while…

Bitcoin rises toward its all-time high as futures markets show interest from bulls
Bitcoin price moves closer to its all-time high, and the absence of euphoria in derivatives markets is a positive sign.