This N.Y.U. Student Owns a $6 Million Crypto Mine. His Secret Is Out.
A legal dispute in a tiny Texas town unexpectedly reveals how Chinese nationals can move money to the U.S. without drawing the attention of authorities in either country.
Posted inBanking and Financial Institutions Bankman-Fried, Sam Binance Bitcoin (Currency) BlackRock Inc Coinbase Inc Computers and the Internet HK FTX Trading Ltd (Futures Exchange) Regulation and Deregulation of Industry Social Media Virtual Currency
The Power Vacuum at the Top of the Crypto Industry
A year ago, Sam Bankman-Fried and Changpeng Zhao ran two of the largest crypto companies. As they grapple with legal woes, others are jockeying to lead the industry’s next chapter.
Posted inBitcoin (Currency) Exchange Traded Funds Regulation and Deregulation of Industry Securities and Exchange Commission Virtual Currency
Bitcoin Soars on Hopes of Investment Fund Approval
The cryptocurrency has gained roughly 150 percent this year, as investors bet that regulators will soon approve the first spot exchange-traded fund that is designed to track the price of Bitcoin.
Posted inBitcoin (Currency) BlackRock Inc Computers and the Internet Exchange Traded Funds Finances Grayscale Investments LLC Regulation and Deregulation of Industry Virtual Currency
Cryptocurrency Prices Surge, Driven by a Potential Bitcoin Fund
Investors anticipate regulatory approval of an exchange traded fund linked directly to Bitcoin, which will they hope will encourage more people to invest in the digital asset.