Losing the Lambos: It’s Time to Get Serious About Crypto’s Big Questions

In a widely anticipated move, the U.S. Federal Reserve's Federal Open Market Committee (FOMC) Wednesday left its benchmark fed funds rate range steady at 5.25%-5.50%."Tighter financial and credit conditions for households and businesses are likely to weigh on economic activity, hiring, and inflation," said the FOMC in its policy statement. "The extent of these effects

Apr 16, 2020 at 19:45 UTCUpdated Apr 16, 2020 at 20:13 UTCChristoper Giancarlo image via CoinDesk archivesDigital Dollar Project: Don’t Rush Digital Dollar During COVID-19 CrisisJ. Christopher Giancarlo is senior counsel at Willkie, Farr & Gallagher and former chairman of the U.S. Commodity Futures Trading Commission. As you read this, the United States along with the rest…

Institutional investors are increasingly getting involved in bitcoin and other cryptocurrencies – while the number of retail investors in the space is staying stagnant – according to a new report by Morgan Stanley. In an update to "Bitcoin Decrypted: A Brief Teach-In and Implications," the global banking giant's research division delved into the last six months of…

feature The Takeaway High-frequency trading (HFT), a longtime and controversial practice in traditional markets, is becoming commonplace in crypto, too. Placing trading servers physically close to exchanges’ matching engines can win an edge on speed. This helps HFT firms make large profits in the legacy markets. Crypto exchanges such as ErisX, Huobi and Gemini are…

Imagine that you’re sipping your coffee on a park bench, reading a book — a physical book — and soaking in the sunshine. No screens are in sight. Your phone is in your pocket. Meanwhile, while you turn the pages, your AI agent is furiously busy on your behalf: Booking your flight to Bangkok, paying

Federal prosecutors in Manhattan are investigating a former FTX executive over possible violations of campaign finance law related to his girlfriend's congressional campaign last year, the Wall Street Journal reported on Tuesday.Ryan Salame, who was FTX's co-chief executive of its Bahamas-based unit, is being investigated for potentially illegally avoiding federal limits on contributions to Michelle…

Binance’s settlement with the U.S. government is positive for the crypto industry as well as the exchange, JPMorgan (JPM) said in a research report Thursday.For the wider market, the exchange's deal “would see significant reduction of a potential systemic risk emanating from a hypothetical Binance collapse,” the report said. It also reinforces an “ongoing shift

South Korean cryptocurrency exchange Bithumb made net profits of about $35 million in the first half of this year, despite a rough June for the firm.

The eye-popping 888 ETH virtual land sale is said to mark the largest NFT transaction of all time.Feb 9, 2021 at 5:17 p.m. UTCUpdated Feb 9, 2021 at 5:37 p.m. UTCVirtual Property Sells for $1.5M in Ether, Smashing NFT RecordA piece of virtual land on blockchain marketplace and gaming platform Axie Infinity has just sold…