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Former Coinbase Manager Arrested for Insider Trading
Former Coinbase Manager Arrested for Insider Trading
News  •  Altcoins  •  Jul 22, 2022 by Philipe F

According to the Department of Justice, Ishan Wahi, former product manager for Coinbase, was detained on Thursday morning because of an insider trading scheme while he was working at Coinbase. The assistant director of the FBI explained that the defendants managed to generate illicit gains of over $1.5 million

Bitcoin and Crypto Owners Banned From Working on U.S. Government Crypto Policies
Bitcoin and Crypto Owners Banned From Working on U.S. Government Crypto Policies
News  •  Bitcoin  •  Jul 07, 2022 by Philipe F

U.S. officials who are invested in Bitcoin and other cryptocurrencies are now disqualified from working on Bitcoin or cryptocurrency policies and regulations in order to avoid affecting the value of the assets they hold. A new legal advisory notice was issued by the U.S. Office of Government Ethics

Three Arrows Capital Founders Speak Out After Company Implosion and Radio Silence
Three Arrows Capital Founders Speak Out After Company Implosion and Radio Silence

In an interview with Bloomberg, the founders of Three Arrows Capital (3AC) have finally broken their silence after five weeks since the dramatic downturn in the market and the implosion of their hedge fund. Su Zhu and Kyle Davies have stated that it was mainly due to their trades involving

News  •  Bitcoin  •  Jul 22, 2022
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Three Arrows Capital Founders Speak Out After Company Implosion and Radio Silence
Three Arrows Capital Founders Speak Out After Company Implosion and Radio Silence

In an interview with Bloomberg, the founders of Three Arrows Capital (3AC) have finally broken their silence after five weeks since the dramatic downturn in the market and the implosion of their hedge fund. Su Zhu and Kyle Davies have stated that it was mainly due to their trades involving

News  •  Bitcoin  •  Jul 22, 2022
Former Coinbase Manager Arrested for Insider Trading
Former Coinbase Manager Arrested for Insider Trading

According to the Department of Justice, Ishan Wahi, former product manager for Coinbase, was detained on Thursday morning because of an insider trading scheme while he was working at Coinbase. The assistant director of the FBI explained that the defendants managed to generate illicit gains of over $1.5 million

News  •  Altcoins  •  Jul 22, 2022
Bitcoin and Crypto Owners Banned From Working on U.S. Government Crypto Policies
Bitcoin and Crypto Owners Banned From Working on U.S. Government Crypto Policies

U.S. officials who are invested in Bitcoin and other cryptocurrencies are now disqualified from working on Bitcoin or cryptocurrency policies and regulations in order to avoid affecting the value of the assets they hold. A new legal advisory notice was issued by the U.S. Office of Government Ethics

News  •  Bitcoin  •  Jul 07, 2022
A Closer Look at Circle’s USDC Operation and Possible Failure
A Closer Look at Circle’s USDC Operation and Possible Failure

Twitter user @CryptoInsider23 posted a thread claiming that Circle’s USDC stablecoin “is on the brink of collapse.” The account explains that they were able to come to this conclusion by looking into Circle’s SPAC IPO filings. From the provided tweet and infographic, Circle is currently paying Signature Bank

News  •  Markets  •  Jun 29, 2022
CoinFLEX CEO Claims Roger Ver Owes Millions to Derivatives Exchange
CoinFLEX CEO Claims Roger Ver Owes Millions to Derivatives Exchange

On June 27th, 2022 a Twitter account by the name of @FatManTerra revealed that an insider within CoinFLEX was allowed to borrow $47 million of uncollateralized USDC as a loan. CoinFLEX stated on June 23rd that their platform would be halting all withdrawals due to the current market volatility. Almost

News  •  Bitcoin  •  Jun 28, 2022
Louisiana Bill Allows Institutions to Custody Bitcoin on Behalf of Customers
Louisiana Bill Allows Institutions to Custody Bitcoin on Behalf of Customers

The governor of Louisiana recently signed a bill allowing financial institutions in Louisiana to have custody of Bitcoin and digital assets on behalf of their customers. Dennis Porter tweeted the finalized bill on June 21st, 2022. Louisiana's new law now allows banks and financial institutions within the state

News  •  Bitcoin  •  Jun 22, 2022
Celsius Crypto Platform Pauses Withdrawals
Celsius Crypto Platform Pauses Withdrawals

Celsius addressed their community with a memo late at night on June 12th, 2022 announcing the platform's suspension of withdrawals, swaps, and transfers between accounts. The memo explains the company's decision and is rationalized as an action that is necessary to “put Celsius in a better

News  •  Bitcoin  •  Jun 13, 2022
Up to 75% Of Merchants May Accept Bitcoin
Up to 75% Of Merchants May Accept Bitcoin

Up to 75% of retailers in the U.S. plan to accept Bitcoin and cryptocurrency payments within the next two years according to a new survey published by Deloitte and PayPal on Wednesday titled, “Merchants Getting Ready for Crypto.” The survey sampled 2,000 senior executives at U.S. retail

News  •  Bitcoin  •  Jun 09, 2022
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