‘My Big Coin’ founder ordered to pay $7.6M for crypto fraud scheme

The boss of the world's largest crypto exchange said we've been through this before as a community. 660 Total views 6 Total shares Binance CEO, Changpeng Zhao, commonly known as “CZ,” said in a recent interview that a potential crypto winter is good for business.When asked how Binance will fare during the current crypto winter…

Big Four audit firm Ernst & Young (EY) released its “Third Report of the Monitor” in the creditor protection proceedings of Canadian crypto exchange QuadrigaCX on March 1.Within the report, the audit firm has identified six separate crypto wallets that were used primarily to store Bitcoin (BTC), the cryptocurrency most used on the platform. Apart…

Cryptocurrency’s combined market cap has tagged $3 trillion for the first time as top altcoins push into all-time highs. 1077 Total views 49 Total shares With Bitcoin trading within 2% of its all-time high while Ethereum, Solana, and Polkadot push into previously uncharted price ranges, CoinGecko estimates that the combined cryptocurrency market cap has broken…

Stock markets and Bitcoin price took a slight hit after the Federal Reserve announced plans to increase interest rates twice in 2023, a tad bit earlier than markets expected. 245 Total views 1 Total shares Bitcoin dropped closer to a key support level and the Dow and the S&P 500 pulled back after the Federal…

“You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete.”R. Buckminster FullerThe world is beset by wicked problems. Due to their scale, complexity, interconnectedness, and the persistent lack of information which makes it difficult for us to see all of their facets and implications,…

Bitcoin (BTC) has been consolidating inside the $18,000-$20,000 price range since mid-June, pausing a strong bear market that began after the price peaked at $69,000 in November 2021.Many analysts have looked at Bitcoin's sideways trend as a sign of a potential market bottom, drawing comparisons from the cryptocurrency's previous bear markets that show similar price…

Bitcoin (BTC) price took a seemingly unexpected turn over the last week as the digital asset shed nearly $2,000 over the past 5 days. Last Sunday Bitcoin looked strong with a peak at $8,727 but by Friday the price found a floor at $6,776.  With a drop of 22% within just 5 days, can investors expect…

New York Stock Exchange (NYSE) chairman Jeffrey Sprecher expressed optimism about the survival of digital currencies as an asset class, business news outlet Barron’s reported Nov. 27.Speaking at the Consensus Invest conference, Sprecher — who is also the CEO of Intercontinental Exchange (ICE) — said that when he saw headlines asking “Will digital assets survive?,”…