Insiders, who spoke to Bloomberg, say a breakup of the company, a sale, or the decision to maintain its current structure are all on the table.
Although MakerDAO’s dai (DAI) might be the most successful decentralized stablecoin, last year founder Rune Christensen worried the project was teetering on the edge of collapse. So he set about coming up with a Read More
Challenging an all-time high earlier Friday, bitcoin has pulled back, giving up most of its weekly gains The selloff in the rest of the cryptocurrency market was far larger as speculative fever cooled The spot Read More
New York Attorney General Letitia James is not backing down from her lawsuit against Digital Currency Group, its founder and CEO Barry Silbert, and Soichiro “Michael” Moro, the former CEO of DCG’s wholly-owned crypto Read More
The Crypto Open Patent Alliance is demanding that Craig Wright pay 85% of its legal costs. COPA took Wright to court in February to find out if he was Satoshi Nakamoto, the creator of bitcoin. The Read More
Juan Tacuri, a major promoter of the cryptocurrency Ponzi scheme Forcount, later renamed Weltsys, has pleaded guilty to conspiracy to commit wire fraud in the Southern District of New York. The scheme primarily targeted Spanish-speaking Read More
Global gold reserves rose by 33 tonnes in April, according to the World Gold Council. The Central Bank of Turkey was at the forefront, increasing its holdings by 8 tonnes. This addition marks 11 consecutive months of purchases, Read More
The TON Foundation has announced a partnership with Tether to broaden the access of global crypto communities to USDT on the TON blockchain. The foundation has outlined plans to integrate TON-based USDT into at least Read More
A joint research effort by Korean regulators — the Financial Supervisory Service (FSS) and Korea Financial Intelligence Unit (FIU) — has revealed that seven out of 10 cryptocurrency exchanges in South Korea failed to fully return investors’ money Read More
New York Attorney General Letitia James has sued Novatechfx, AWS Mining, and their founders for orchestrating crypto pyramid schemes that defrauded over 11,000 New Yorkers out of more than a billion dollars in cryptocurrency. These companies Read More
