AvatarFortuneAvatarAvatar20 hours agoEven in his final hour, Sam Bankman-Fried insisted FTX was a crisis of liquidity—not outright fraudverified_publisherFortune - Niamh RoweStanding before Judge Lewis Kaplan on Thursday morning in a Manhattan courtroom to hear his sentence, Sam Bankman-Fried remained resolute that the …
AvatarFortuneAvatarAvatar22 hours agoSam Bankman-Fried sentenced to 25 years in prison as the FTX saga draws to a closeverified_publisherFortune - Leo SchwartzOn Thursday, Sam Bankman-Fried strode into a Manhattan courtroom for the conclusion of his criminal trial, hoping he would only face a handful of …
AvatarFortuneAvatarAvatar1 day agoJudge rejects Coinbase’s ‘major questions doctrine’ argument in landmark SEC caseverified_publisherFortune - Leo SchwartzThe Securities and Exchange Commission notched a victory on Wednesday in its ongoing campaign to rein in the crypto industry, as Judge Katherine …
AvatarFortuneAvatarAvatar2 days agoHive wants to use a $13 million Series A round to build a decentralized cloud: ‘It could be one of these big bets that could really work’verified_publisherFortune - Niamh RoweHive, which just raised $13 million—a Series A round led by SC Ventures, Standard Chartered’s venture arm, and joined by participants including …
AvatarFortuneAvatarAvatar2 days agoFTX creditors claim their ‘Sam Coins’ aren’t worthless—and are asking a bankruptcy judge to overrule the company’s own valuationverified_publisherFortune - Niamh RoweAs customers of the bankrupt cryptocurrency exchange FTX try to claw back some of their lost funds, one group is demanding hundreds of millions of …
AvatarFortuneAvatarAvatar2 days agoDOJ accuses crypto exchange KuCoin of money laundering violations and receiving billions in suspicious fundsverified_publisherFortune - Leo SchwartzAnother crypto firm is facing criminal and civil charges as U.S. law enforcement officials continue their campaign to rein in the industry following …
AvatarFortuneAvatarAvatar2 days agoThe U.S. is simplifying how to report crypto on your taxes in 2025. But what about this year?verified_publisherFortune - Niamh RoweTaxes are complicated. Taxes involving crypto, at times, can be even more so. The Internal Revenue Service since 2014 has viewed crypto as property, …
AvatarFortuneAvatarAvatar3 days ago‘Gambling has not had its internet moment’: Crypto casino MyPrize valued at $140 million after latest raiseverified_publisherFortune - Niamh RoweMyPrize, a crypto casino, today emerged out of stealth after raising $13 million across two rounds led by Dragonfly and Boxcars Ventures. “Gambling …
AvatarFortuneAvatarAvatar3 days agoBinance executive flees ‘unlawful custody’ in Nigeria days before government files tax evasion chargesverified_publisherFortune - Marco Quiroz-GutierrezA Binance executive taken into custody last month in Nigeria fled the country just days before authorities announced tax evasion charges against him, …
AvatarFortuneAvatarAvatar3 days agoHow 80-year-old Fidelity became a crypto pioneer—and what’s next after its successful Bitcoin ETFverified_publisherFortune - Leo SchwartzIn 2017, amid crypto’s first full-blown bull cycle, Fidelity allowed employees to start paying for their lunch in the staff cafeteria using Bitcoin. …
AvatarFortuneAvatarAvatarBitcoin ETFs see record 3-day outflow as retail investors ‘dart in and out of positions’verified_publisherFortune - Niamh RoweThe 10 trading spot Bitcoin exchange-traded funds reported the largest three-day outflow since launching on Jan. 11, according to Bloomberg data, a …
AvatarFortuneAvatarAvatarSolana overtakes Ethereum on DEX volume amid memecoin ‘presale’ frenzyverified_publisherFortune - Niamh RoweSolana is now the top smart-contract blockchain by trading volume, surpassing Ethereum, according to data from DeFiLlama. The volume of tokens trading …