Changpeng Zhao, founder of Binance, the world's largest Bitcoin and cryptocurrency exchange, has agreed to plead guilty to charges of money laundering, as revealed in recent court documents. Binance will also plead guilty and is set to pay fines and restitution totaling $4.3 billion.  Zhao will pay

Tether Holdings Ltd., the entity behind the $87 billion USDT stablecoin, is venturing into Bitcoin mining, a move that represents a significant shift from its core business.  Paolo Ardoino, the incoming CEO, revealed plans to invest approximately $500 million in the next six months.  This investment includes constructing their own

In a recent development, Chief Judge Laura Taylor Swain of the U.S. District Court for the Southern District of New York rejected Shawn Dolifka's request to amend his class action lawsuit against Tether and Bitfinex.  https://twitter.com/tether_to/status/1724816445299720357 Subsequently, Dolifka chose not to

A recent post by Mitesh Patel on X has ignited a discussion on the pros and cons of these two approaches, shedding light on the impact of fees on long-term returns. Patel's analysis compared self-custody, a Bitcoin ETF with a 1% fee, and an Individual Financial Advisor (IFA)

Commerzbank, ranking as Germany's fourth-largest bank, recently announced its achievement as the first among its German counterparts to obtain the Bitcoin and Crypto Custody License, as per Article 1 Section 1a Sentence 1 No 6 of the German Banking Act (KWG). This license marks a significant step for

In a series of posts on X, Vijay Boyapati has reported on alleged similarities between Digital Currency Group (DCG) and FTX, highlighting concerns of financial impropriety within DCG and its CEO, Barry Silbert.  Boyapati's posts delve into a complex narrative, drawing parallels to the FTX fraud case, and

Tether Holdings Limited has released its assurance opinion for Q3 of 2023, which was reviewed by the independent auditing firm BDO. The review confirms the accuracy of Tether's Consolidated Reserves Report (CRR) for the third quarter, outlining Tether's assets as of September 30th, 2023. The CRR

A recent post by @Mitesh_Patel has started a big discussion on X about the pros and cons of holding your own Bitcoin versus putting your money into a spot Bitcoin ETF. The post includes a detailed spreadsheet that compares these two methods over 30 and 40 years, providing useful