Jury Convicts Crypto Ponzi Scheme OneCoin’s Lawyer on Fraud Charges

Mastercard has formed partnerships with digital asset service companies Amber Group, Bitkub and CoinJar in order to allow consumers and businesses across Asia Pacific to obtain crypto-linked Mastercard credit, debit and prepaid cards, the company said in a statement Monday.Cardholders can now instantly convert their cryptocurrencies into a traditional fiat currency that can be spent…

It’s the moment the crypto world has been waiting for: The Securities and Exchange Commission (SEC) has finally approved the first spot Bitcoin exchange-traded fund (ETF) in the United States.Is this mainstream-friendly investment vehicle at odds with Bitcoin’s original goal of breaking away from Wall Street? Absolutely. Is that same ETF also necessary for crypto

news Bitcoin’s lightning torch will soon burn out, putting an end to a global payments experiment that has seen participation from hundreds of recipients, from tech luminaries like Twitter CEO Jack Dorsey to users in countries cut off from parts of the world by economic sanctions. Users taking part in the venture have been showing the…

Huione Guarantee, a Cambodian online platform said to be linked to the nation's ruling family, allegedly enabled scams worth $11 billion and paid for in crypto, according to a research report. Services offered on the platform included "pig butchering," deepfake production and money laundering, according to the Wired. Huione Guarantee, a Cambodian online financial platform

This article originally appeared in First Mover , CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day . Latest Prices 00:52 Ether ETFs Saw Biggest Outflows Since July 01:01 Bitcoin Breaks $64K While Gold Soars 00:56 ETH/BTC Ratio Slid to Lowest Since April

While non-fungible token (NFT) trading volumes slumped in May, the adjacent NFT lending space is blooming. And so far, reviews are mixed.NFTfi – an evolving term for technology that sits at the intersection of NFTs and decentralized finance (DeFi) – is on the rise. NFTfi encompasses a range of tools that aim to offer broader…

news U.S.-based venture capitalist Tim Draper has invested $1.25 million in OpenNode, a bitcoin-only payments processing startup. Announcing the seed round on Tuesday, OpenNode told CoinDesk that the raised funds will be used to expand its team and beef up its legal and compliance efforts. The firm claims to process “instant” and “risk-free” bitcoin payments…

news Crypto investors are pushing each other to actively participate in the networks they fund. A segment of the blockchain world has been buzzing since at least last fall about “generalized mining,” an idea that the decentralized web invites users to contribute resources to running different services – all while earning rewards for doing so.…

news View Bitcoin’s bearish daily candle close (UTC) on October 16 has increased the likelihood of further price drops. The monthly chart has similarities to that of November 2018 when volumes favored a bullish outlook, before dropping to new yearly lows. The bulls need to drive prices back above $8,300 quickly or risk conceding full…