Coinbase shares are up almost 40% this morning following news that the major crypto-exchange will be partnering with the world’s largest asset-manager, BlackRock, to make it easier for institutional investors to manage and trade Bitcoin, marking a major push into cryptocurrencies for the world’s largest asset manager…
Is the Crypto Threat to U.S. Financial Stability $889 Billion or $10 Trillion?…
Yesterday, Benzinga reported on a curious statement made by Fed Chair Jerome Powell during his appearance before the Senate Banking Committee on Wednesday…
Crypto Victims’ Cries for Help Are Piling Up at a Federal Complaint Center…
The Consumer Financial Protection Bureau (CFPB) is the federal agency that was created under the Dodd-Frank Act of 2010 in response to Wall Street’s harrowing abuses to average Americans in the leadup to the financial crash of 2008…
Russia’s New Rules…
Russia is done with the West. The divorce is nearly complete. In the past few days we’ve heard from all major Russian leaders the same thing, “The West will play by our rules now.”…
Crypto’s Crash: 100-to-1 Leverage Goes Poof!…
Crypto was in full-blown crash mode last week, wiping out more than $300 billion in market value. TerraUSD, a so-called stablecoin that is supposed to trade at a “stable” $1 value, crashed to a few cents on the dollar. Its sister cryptocurrency, Luna, likewise imploded…
#GotGoldorRubles? Russia Just Broke the Back of the West…
I don’t think everyone has yet caught the significance of Russia announcing they are putting a floor under the price of gold. But, to be clear, Russia just broke the paper gold suppression scheme. On Friday the Bank of Russia announced:…
Self-Proclaimed ‘Crocodile of Wall Street’ and Her Husband Are Arrested for ‘Laundering $4.5B in Bitcoin Stolen in 2016 Bitfinex Exchange Hack’…
Ilya Lichtenstein, 34, and his wife, Heather Morgan, 31, were arrested Tuesday. Justice Department announced the largest money seizure in its history..
How the Top Cryptocurrencies Performed in 2021…
2021 saw the crypto markets boom and mature, with different sectors flourishing and largely outperforming the market leader, bitcoin…
Hackers Behind $610M Crypto Heist Return Money, May Get ‘Bug Bounty’…
The hackers who pulled off the largest cryptocurrency heist in history “for fun” have returned the money — and the company that they stole from wants to pay them for their service…
Crypto-Billionaire, 41, Drowns Off Coast of Costa Rica Leaving a $2B Fortune…
Popescu was one of the earliest adopters of the cryptocurrency Bitcoin…Local news reports say he drowned off the coast of Costa Rica…The Romanian was controversial and accused of being racist and sexist in his prolific blog postings…
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