New York crypto fund was a $92M scam, says SEC
The SEC says crypto fund Virgil failed to redeem more than $3.5 million, and attempted to withdraw $1.7 million to pay Chinese loan sharks.
All stories
5,550 stories, newest first
XRP collapses after Coinbase backs away
Major exchanges Binance and Kraken are noticeably still silent, but it looks it may just be a matter of time until they follow suit.
Hackers taunt Russian crypto exchange, demand Bitcoin
Livecoin says the hackers locked devs out of the network, leaving them unable to shut down to protect users from potential losses.
SEC lawsuit triggers worst XRP selloff on record
XRP fell 49% in the seven days ending December 28 -- from $0.556 to $0.283.
Bitcoin is now worth more than PayPal and Netflix
BTC’s price has almost quadrupled in 2020 -- from under $7,200 to more than $28,200 at its peak -- with most of those returns coming in the past three months.
Coinbase IPO would be a world first
SEC regulators still need to review Coinbase’s draft registration statement, but it’s thought the IPO could come as soon as early 2021.
Ripple execs charged, Ledger says no refunds, Feds hit Joker’s Stash
SEC charges Ripple Labs, two execs [CNBC] Ledger won’t refund after data hack [WhatBitcoinDid] Blockchain domains fail Joker’s Stash [ThreatPost] Bitcoin volatility attracts quant funds [Bloomberg] Youth sailing crews race for BTC prize [Sail-World] Protos Daily returns in January 2021.
SEC vs. Ripple Labs: Is XRP a security?
The SEC is about to sue Ripple Labs for failing to register its XRP cryptocurency as a security, no doubt filling critics with glee.
Grayscale locks down, MicroStrategy almost buys top, SEC sues Ripple
SEC goes after Ripple [Fortune] MicroStrategy boosts BTC stack by $650M [Protos] Grayscale puts 6 crypto trusts on ice [Decrypt] SkyBridge eyeing bespoke BTC fund [SEC] Bitgrail founder in frame for $150M hack [Reuters]
MicroStrategy now holds more than $1.6B in Bitcoin
MicroStrategy says it just bought 29,646 BTC for $21,925 per coin on average. Bitcoin is up 6% since then.