Most of the value in AI is actually "going to accrue to the incumbent big-tech companies - I'm sort of most bullish on Microsoft." ...
Bitcoin rises despite U.S. crackdown, as crypto market gains $84 billion in value
Bitcoin rose to its highest level since August, as the market shrugged off a tougher regulatory stance from U.S. regulators.
Banks Are Breaking Up With Crypto During Regulatory Crackdown
Banks are backing away from crypto companies, spooked by a regulatory crackdown that threatens to sever digital currencies from the real-world financial system.
Crypto Buyers Beware: 1 in 4 New Tokens of Any Value Is a Scam
And according to tracing firm Chainalysis, one very prolific scammer ran at least 264 of those scams in 2022 alone.
Celsius customer received $67,000 tax bill for funds lost in crypto lender’s bankruptcy, report says
Celsius Network customers like Doug Stringer are receiving massive tax bills because of the high-interest returns promised by the bankrupt lender.
Lawsuit Challenging IRS Seizure Of Crypto Account Records Is Back In Court
A New Hampshire man has fired back at the IRS over the agency's issuance of a "John Doe" summons and subsequent seizure of his financial records from Coinbase.
SEC Proposes Rule That Could Squeeze Crypto Platforms
Wall Street’s main regulator proposed heightened requirements for businesses that safeguard assets for fund managers.
SEC steps up its crypto crackdown with proposed tough rules that could block investment advisors from holding such assets
The Securities and Exchange Commission (SEC) has stepped up its crackdown on the crypto sector with a proposed rule change that could block investment advisors from holding cryptocurrencies on behalf ...
Gaming Network Oasys Onboards Japan Conglomerate SoftBank as Network Validator
Japanese conglomerate SoftBank will become an official network validator on Oasys and will explore further collaborations with the gaming blockchain, including the development of blockchain-based ...
Singapore still finding crypto gold as fintech investments hit $4.1B
Fintech investments in Singapore climb to the highest in three years, clocking $4.1 billion, as funds continue to flow towards cryptocurrency and blockchain.
Mike Novogratz says he’ll be ‘the happiest guy’ if bitcoin ends the year at $30,000 given the crypto market headwinds
"I would've given both my shoes for that to be true just six weeks ago," the longtime crypto bull told a Bank of America conference Wednesday.
Norway Police Makes Record Crypto Seizure Linked to North Korea
Norwegian police seized a record 60 million kroner ($5.9 million) in cryptocurrency linked to a heist of roughly $600 million last March that the US authorities say were stolen by the North Korean hacker group Lazarus. The confiscation of the funds stolen ...
George Soros’ fund reveals it’s betting against Silvergate as the crypto-friendly bank is probed over its ties to FTX
The fund held put options on 100,000 shares of Silvergate which would typically become more valuable if the stock's price falls.
G20 watchdog homes in on decentralised finance after FTX crash
Masatsugu Asakawa, Japan's Deputy Minister of Finance Masato Kanda, United Arab Emirates' Minister of Finance Mohamed Al Hussaini, Australia's Treasurer J ...
Bitcoin surges 11% despite U.S. crackdown, as crypto market gains $84 billion in value
The value of the entire cryptocurrency market rose more than $84.8 billion in the 24 hours before 3:39 a.m. ET. Crypto markets were on edge earlier this week after a step in regulatory scrutiny from U ...
Bitcoin Jumps Toward $25,000 as Crypto Looks Past US Regulatory Crackdown
A rally in Bitcoin took the token to the cusp of scaling $25,000 for the first time since August amid broad gains in crypto markets as investors shook off concerns about a US regulatory clampdown.