The promised changes to the platform’s verification program have been slow. Attention has focused instead on the image of a doge in place of the blue Twitter bird.
Category: Virtual Currency
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Has Bitcoin Benefited From the Banking Crisis? Not in the Way Its Fans Hoped.
Bitcoin’s price has soared since banks failed this month, but there’s little evidence that the surge is being driven by investors treating the virtual currency as a financial alternative.
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Sam Bankman-Fried Pleads Not Guilty to Additional Set of Charges
Prosecutors this week charged Mr. Bankman-Fried with orchestrating a $40 million bribe to Chinese officials to unfreeze funds held by his trading firm, Alameda Research.
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Binance Is Hiding U.S. Crypto Trading Activity, Regulator Says
The C.F.T.C. wants to permanently ban the cryptocurrency exchange and its founder from commodities markets.
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Do Kwon, Crypto Fugitive, Led a Very Public Life While on the Run
Do Kwon, the founder of the failed crypto company Terraform Labs, is facing charges by the authorities in both South Korea and the United States.
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The Younger Brother Caught in the Middle of the FTX Investigation
The collapse of Sam Bankman-Fried’s business empire has led federal prosecutors to scrutinize his brother, Gabe, who ran a pandemic-prevention group.
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Crypto Fugitive Do Kwon Is Arrested in Montenegro, Authorities Say
Mr. Kwon, the entrepreneur behind the failed TerraUSD and Luna cryptocurrencies, was headed to Dubai, Montenegro’s Interior Ministry said.
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Investors Try to Parse Jay Powell and Janet Yellen’s Next Moves on Banks
Jerome Powell, the chair of the Federal Reserve, and Treasury Secretary Janet Yellen said that more must be done to rein in banks. What that looks like is unclear.
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Crypto Wants Its Shine Back
After a miserable year, cryptocurrency companies are looking for ways to rebrand products that many consumers no longer trust.
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Silicon Valley Bank Collapse Sets Off Blame Game Between Crypto and Tech
The implosion of the Silicon Valley bank led to finger-pointing, as executives and investors jumped on the crisis for their own messaging.