Technology
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Are There Tech Solutions to the Privacy and Compliance Trade-Offs for CBDCs?
Users will likely demand cash-like privacy protections for central bank digital currencies, which may be thwarted by regulations. However, new…
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Scaramucci’s SkyBridge Capital Lost 39% Last Year: Bloomberg
Investors had requested the return of 60% of their assets at the most recent redemption period. Anthony Scaramucci’s investment management…
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Gryphon previously terminated plans to go public via a reverse merger with Sphere 3D.
Private bitcoin miner Gryphon Digital plans to go public with a merger with publicly traded cannabis company Akerna (KERN) in…
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BlockFi’s $10M Staff Bonus Package Approved by NJ Bankruptcy Court Judge
The pay is necessary for the firm to retain critical workers, argued counsel for BlockFi. A $10 million pay and…
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White House Calls on Congress to ‘Step Up Its Efforts’ on Crypto Regulation
Officials in the Biden administration urged Congress on Friday to expand the authority of regulators to police the crypto industry.…
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Banks Will Dominate Stablecoins, and 2 Other Predictions About the Future of Money
Crypto, rather than “blowing up” traditional finance, is making the existing system more efficient. As blockchain technology continues to develop…
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Bored Ape Artist’s NFT Mint Sells Out So Fast, Many Fans Left Mad, Empty-Handed
The mint, which opened Friday morning, closed minutes after the allowlist opened, raising questions from disappointed fans as to whether…
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UK Man Sentenced to 4-1/2 Years in Jail for Stealing $2.5M in Crypto
Wybbo Wirsma, a Dutch native who lived in the U.K., was under investigation for five years before pleading guilty in…
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Custodia Bank Denied Federal Reserve System Membership
The Wyoming-based bank’s application for a master account is still pending. The U.S. Federal Reserve Board has denied Custodia Bank’s…
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Crypto Custodian Prime Trust to Cease Operations in Texas at End of January
The firm withdrew its Texas Money Transmitter License application but says it intends to reapply “swiftly.” Prime Trust, a digital-asset…
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