Cryptocurrency firm Abra and its CEO and largest equity owner Bill Barhydt have reached a settlement with 25 state regulators. The settlement follows the states’ finding that Abra and Barhydt operated a mobile app for buying, selling, trading and investing in crypto without receiving the...
Cryptocurrency exchange Kraken is reportedly considering seeking more than $100 million in a final funding round before launching a possible initial public offering (IPO). The company has received inquiries from potential investors amid the current rally in the digital asset market, Bloomberg reported Thursday (June...
Digital assets have experienced a significant year, with the market moving toward mainstream adoption. This shift has resulted in a decrease in price volatility, which had been a key attraction for many investors, Bloomberg reported Thursday (May 30). As a result, the largest U.S. crypto exchange, Coinbase,...
Changpeng Zhao, the founder of cryptocurrency exchange Binance, was sentenced to four months in prison on Tuesday (April 30). The sentencing came after Zhao pleaded guilty to charges of enabling money laundering at Binance, CNBC reported Tuesday. The verdict was delivered in a federal court in Seattle by...
August 04, 2023
Expectations weren’t very high for Coinbase Global this most recent quarter. The company continues to face very significant risks on the regulatory front within the U.S., and remains entangled in a nasty case with the Securities and Exchange Commission (SEC). Still, the crypto exchange’s stock has jumped almost 80% since mid-June, lifted by a partial court win by Ripple against […]
April 13, 2023
The black swan collapse of FTX in November 2022 severely rattled global confidence in crypto. It also increased the scrutiny of U.S. regulators, though no new laws impacting the industry...
January 09, 2023
The FTX collapse provides a master class in caveat-emptor crypto industry risk management and accounting failures. This, as court documents confirm that the world’s one-time third-biggest cryptocurrency exchange was set...
November 30, 2022
As details emerge surrounding the collapse of crypto trading firm FTX, investors should believe them. In much the same way as Shakespeare’s famous adage states that “a rose by any...
June 26, 2024
Cryptocurrency firm Abra and its CEO and largest equity owner Bill Barhydt have reached a settlement with 25 state regulators. The settlement follows the states’ finding that Abra and Barhydt operated a mobile app for buying, selling, trading and investing in crypto without receiving the required state licenses, the Conference of State Bank Supervisors (CSBS) […]
June 06, 2024
Cryptocurrency exchange Kraken is reportedly considering seeking more than $100 million in a final funding round before launching a possible initial public offering (IPO). The company has received inquiries from...
May 30, 2024
Digital assets have experienced a significant year, with the market moving toward mainstream adoption. This shift has resulted in a decrease in price volatility, which had been a key attraction...
April 30, 2024
Changpeng Zhao, the founder of cryptocurrency exchange Binance, was sentenced to four months in prison on Tuesday (April 30). The sentencing came after Zhao pleaded guilty to charges of enabling money...
