Cryptocurrency has a reputation for being a volatile investment, with big gains and losses sometimes taking place in a compact time frame. But even with that understanding, two of the biggest players ... ( read original story ...)
Coinbase Glitch Creates Momentary Billionaires on ‘Golden’ Day for FTX: Crypto Minute
In today’s Crypto Minute, Ross Mac looks at a Coinbase glitch that impacted user balances, Robinhood’s acquisition of Cove Markets and FTX’s deal with the Golden State Warriors. ( read original story ...)
Katie Haun is splitting off from a16z to launch her own crypto fund
Katie Haun, who co-led Andreessen Horowitz’s $2.2 billion crypto fund, is splitting off from the firm and taking a number of colleagues with her to start a new crypto-centric fund, Axios reports. Haun ... ( read original story ...)
Unicorn foodtech startup ezCater raises $100M, plans 2023 IPO
SoftBank Vision Fund has added another Boston unicorn to its portfolio, confirming an interest in backing local tech and biotech companies that has become more prominent since at least last year. The ... ( read original story ...)
Big Law is split on letting lawyers trade crypto. Insiders at Sullivan & Cromwell and Latham reveal the firms’ policies.
Law firms are all over the map when it comes to restrictions on crypto trading. Latham & Watkins and Sullivan & Cromwell took different approaches. ( read original story ...)
Ad crackdown leaves crypto unscathed
The ASA on Wednesday formally rebuked seven crypto businesses for breaching advertising industry standards. It had already warned companies against underplaying the risks of investing in a volatile ... ( read original story ...)
The IRS wants to know about your crypto transactions this tax season
The federal government has placed more emphasis on tax reporting in recent years for investors in bitcoin, ethereum and other cryptocurrencies. ( read original story ...)
‘PayPal for Crypto’ wannabe Ramp raises $52.7M Series A round led by Balderton Capital
In the same way that PayPal and Stripe radically changed online payments by allowing any online service to embed payments, the race is on to have the same impact on crypto assets. To this end, players ... ( read original story ...)
An Amazon crypto scam left its victim with a $45,000 bill
Fancy getting a $45,000 bill for work you didn’t do? That’s what Jonny Platt found when his AWS account got hacked by an unscrupulous cryptocurrency miner. ( read original story ...)
CoinMarketCap glitch lists bitcoin at $799 billion, but Coinbase beats that astronomical price as its own crypto data goes nuts
Tweets showed bitcoin's price on CoinMarketCap at $799 billion per coin, giving it a market value of $14.7 quintillion. ( read original story ...)
Nine Videos That Defined Crypto In 2021
Winklevoss Twins Talk NFT’s And The End Of Social Networking As We Know It 4:26 How A Battle Between Wall Street And Reddit Users Made GameStop GME +7.9% Stock Skyrocket 10:34 The Richest Person Under ... ( read original story ...)
Crypto Wealth Is Minting The Next Generation of Super Spenders
There’s a surge in asset values, from stocks to real estate and contemporary art, and even more importantly, there’s a significant impact from cryptocurrency wealth that could benefit luxury-goods ... ( read original story ...)
Crypto ads banned by UK watchdog for failing to highlight risk
The U.K. advertising watchdog banned seven cryptocurrency ads on Wednesday and said they must not appear again. ( read original story ...)
News updates from December 13: UBS fined €1.8bn by French court in tax evasion case, US Covid cases hit 50m, England…
California has become the latest US state to announce it will reinstate its indoor mask mandate in an effort to tame a sharp rise in Covid-19 cases since Thanksgiving. The mandate, which takes effect ... ( read original story ...)
Government to pay damages over suicide linked to Moritomo Gakuen scandal
The decision to pay around ¥100 million ends the suit between the state and plaintiff and ensures the process leading to the alteration of the documents will not be revealed. ( read original story ...)
Crypto ‘red alert’ issued by UK’s advertising watchdog
The UK's advertising watchdog, the ASA, has banned several ads, saying they take advantage of consumers' lack of awareness around cryptocurrencies. ( read original story ...)