Cryptocurrency
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Technology
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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Technology
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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Technology
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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Technology
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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Technology
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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Technology
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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Technology
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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Technology
Aptos Labs CEO Says NFTs Will Push Boundaries of Previous Generation Blockchains
Mohammad Shaikh, co-founder of the layer 1 blockchain, predicts NFTs will be used as a means of payment and will…
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Uncategorized
Core Scientific raised $500M from BlackRock, Apollo and others
Core Scientific also received over $50 million from these institutional investors in DIP loans to continue operations during bankruptcy proceedings.…
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Technology
Circle blames SEC for failed plan to go public
Circle said it expected the SEC to have a “thorough, rigorous review process” but the regulator failed to process its…
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