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Recapping FTX Founder Sam Bankman-Fried’s Trial
Thousands of people’s financial stability was taken 15 months ago when FTX founder and then CEO Sam Bankman-Fried’s lies were exposed and the former crypto exchange fell apart.Today, Bankman-Fried could be sentenced to up to 50 years in prison, which at his current age of 32 years, is nearly life-long.For five weeks late last year

CoinDesk Turns 10: The ICO Era – What Went Right?
At Consensus 2023, a few CoinDesk staffers came together for a panel reflecting on major events in crypto history. When we were polled on the most important of these big moments, the plurality of votes went to what might seem an odd choice – the chaotic, fraud-filled period of “ICO mania” spanning from early 2017…

Bitcoin’s Second-Ever Developer Is Back (With a Big Vision for Crypto)
The first developer to code alongside Satoshi couldn't stay away from crypto for long. He's now helping to launch a new token.

Immersion Cooling Firm LiquidStack Secures Series B Funding to Build Manufacturing in U.S.
The Marlborough, Massachusetts startup started out in the early days of bitcoin mining in Hong Kong, before being merged into German miner Bitfury in 2015, and then going off on its own again in 2021. "We were the first company in the world to not only deploy immersion cooling for mining, but to also do…

Third-Party Cryptos Could Launch on XRP Ledger, Says Ripple’s David Schwartz
Feb 28, 2020 at 14:00 UTCUpdated Feb 28, 2020 at 14:06 UTCThird-Party Cryptos Could Launch on XRP Ledger, Says Ripple’s David SchwartzRipple is developing a feature that could allow users to mint asset-backed tokens directly on top of XRP Ledger, the firm's tech chief has said. In a company video released Thursday, CTO David Schwartz…

Coinbase CEO: Trump Administration May ‘Rush Out’ Burdensome Crypto Wallet Rules
Nov 26, 2020 at 2:15 a.m. UTCUpdated Nov 26, 2020 at 2:17 a.m. UTCU.S. Treasury Secretary Steven Mnuchin, left, could be "planning to rush out some new regulation regarding self-hosted crypto wallets before the end of his term," tweeted Coinbase CEO Brian Armstrong. (Getty Images/CoinDesk archive)Coinbase CEO: Trump Administration May ‘Rush Out’ Burdensome Crypto Wallet…

TrueFi Unveils Lending Protocol for Tokenized Real-World Assets; TRU Jumps 14%
Investors will be able to deposit TrueFi's T-bill token to borrow the platform's new TRI token.TRI holders will be able to stake the token to earn a yield from borrowing fees.The offering comes as DeFi activity and demand for leverage picked up amid the current crypto bull market.01:11DeFi Market Rebounds to $50B as Speculators Hunt

Crypto Card Issuer Wirecard Says It’s Missing $2.1B in ‘German Enron’ Scandal
Jun 18, 2020 at 15:48 UTC(Rico Markus/Shutterstock.com)Crypto Card Issuer Wirecard Says It’s Missing $2.1B in ‘German Enron’ ScandalFormer German blue-chip Wirecard has said a quarter of its total balance sheet is missing after “spurious cash balances” were provided to its auditor, EY. In an explosive statement Thursday, the Munich-based card issuer, said a total of…