Binance’s CZ got a four-month prison sentence. “There’s no evidence that the defendant was ever informed” of illegal activity at Binance, the judge said. SEATTLE — Changpeng “CZ” Zhao, the founder and former CEO of cryptocurrency exchange Binance, was sentenced Tuesday to four months in prison. U.S. Judge Richard Jones immediately sounded skeptical during a […]
The Middle East has been making strides in Web3. The United Arab Emirates (UAE) established digital assets regulators such as the Virtual Assets Regulatory Authority (VARA) in Dubai and the Abu Dhabi Global Market (ADGM) Read More
BlackRock’s BUIDL fund grew $70 million last week to take the top spot from Franklin Templeton’s BENJI offering, which saw minor outflows, blockchain data shows. Growth of Ondo Finance’s OUSG token was responsible Read More
Web3 games have a shaky track record. It’s easy to see the appeal: There are literally billions of people playing games, and most of them do it for free. They spend countless hours — and Read More
Rodrigo Seira, special counsel at Paradigm, has departed the cryptocurrency-focused venture capital firm to rejoin Cooley LLP. Seira was also a founding member of DLX Law, a blockchain and crypto-focused boutique. Unmute 17:51 Why Crypto Investors Read More
CoinDesk Indices (CDI) presents its bi-weekly market update, highlighting the performance of leaders and laggards in the benchmark CoinDesk 20 Index (CD20) and the broad CoinDesk Market Index (CMI). The CoinDesk 20 slipped 6.8% over the past week, Read More
There was a lot of news last week, but maybe the biggest news came Wednesday when the U.S. Department of Justice arrested two co-founders of Samourai Wallet, a bitcoin wallet that offered mixing services. Read More
Roger Ver, now a bitcoin cash (BCH) advocate, but an early bitcoin (BTC) investor, was indicted for tax fraud on Tuesday, a press release from the U.S. Department of Justice said. The release said Read More
The world of cryptocurrencies and digital assets is currently in transition from a largely unregulated world of innovation into a much more regulated and structured world of large companies and organized product offerings. The opportunity Read More
EigenLayer’s decision to ban U.S.- and Canada-based airdrop participants could lead to a mass exodus to other restaking protocols. So, will Karak become the next EigenLayer? Read More
