Grayscale CEO Michael Sonnenshein Resigns
Michael Sonnenshein is stepping down as the CEO of Grayscale Investments LLC. Starting on August 15, Peter Mintzberg, formerly an executive at Goldman Sachs, will...
Bitcoin Holds at $67K, Analysts Warn of Potential 10% Drop
Bitcoin's value hovered around $67,000 on May 19 as liquidity at the current spot price began to solidify, paving the way for the weekly closure....
Ex-FTX Exec Salame Requests 18-Month Sentence
Attorneys for Ryan Salame, the former co-CEO of FTX Digital Markets, have called for a lenient prison sentence not exceeding 18 months. On May 14,...
Bitcoin Struggles to Break $60K Resistance Levels
Bitcoin (BTC) is experiencing a significant challenge as it tries to rebound above the $60,000 mark. Despite a 6.2% recovery from its recent lows, BTC/USD...
Execs’ Views on Blockchain in the Metaverse
Despite the declining hype surrounding the metaverse, some professionals in the Web3 industry still believe in its potential and use cases. These experts argue that...
SEC’s Inability to Support Fund Retrieval Methods After Binance Ban
The Philippines Securities and Exchange Commission (SEC) has taken steps to block crypto exchange Binance from operating in the country. This move has left users...
The Fate of Sam Bankman-Fried: 25 Years in Perspective
Former FTX CEO Sam "SBF" Bankman-Fried has been sentenced to 25 years in prison for multiple felony convictions. The judge, Lewis Kaplan, criticized Bankman-Fried before...
Worldcoin: Introducing Open-Source Orb Software and ‘Personal Custody’
The Worldcoin Foundation has announced that it has made certain components of its iris-scanning Orbs software open-source. This means that the core components of the...
Bitcoin’s Price Plunge
Bitcoin's price has seen a significant decline of over 17.5% since reaching a record high of $73,800. It has now reached a two-week low of...
The End of Fed’s BTFP Program: Impact on Bitcoin Price
The Bank Term Funding Program (BTFP) concluded on March 11, and its end may have significant implications for various financial markets, including the cryptocurrency sector...