Charlie Shrem went from running a small online business to becoming a Bitcoin (BTC) millionaire and making the cover of Forbes magazine. And then he went to prison. In the latest episode of Cointelegraph’s Crypto Stories, Shrem tells the story of how he founded BitInstant, grew it into a multimillion-dollar […]
A trio of studies published in November may shine some light on the social and psychological factors that motivate movement in the non-fungible token (NFT) market. Researchers from Western University in Canada, Tilburg University in the Netherlands, the University of North Carolina at Chapel Hill in the U.S., and Rennes […]
Cross-chain protocol Wormhole has secured a $225-million investment at a valuation of $2.5 billion. According to the Nov. 29 announcement, the investment round was led by Brevan Howard, Coinbase Ventures, Multicoin Capital, Jump Trading, ParaFi, Dialectic, Borderless Capital and Arrington Capital. The Wormhole Foundation also announced the launch of Wormhole […]
The decentralized finance (DeFi) platforms Aerodrome and Velodrome reported compromises to their front ends on Nov. 28. The two platforms posted announcements on X (formerly Twitter) stating their front ends were compromised and asked users not to interact with the platforms while investigations are underway. According to one X user, […]
In a recent interview with Bloomberg Television, Michael Cuggino, President and Portfolio Manager at Permanent Portfolio Family of Funds, shared his insights on the current state and future prospects of gold, the dollar, and fixed-income investments. Gold’s Current Position and Future Outlook: Cuggino noted that gold has been at its […]
Whalewire, a renowned crypto and finance news account, has made a daring prediction about the fate of Changpeng Zhao (CZ), the influential figure behind Binance. According to Whalewire, CZ is set for a lifetime in prison, a statement that has raised eyebrows and sparked intense debate within the community. Whalewire’s […]
Binance, one of the largest crypto exchanges, is teaming up with Gulf Energy Development Pcl, owned by billionaire Sarath Ratanavadi, to launch a new digital asset platform in Thailand. The joint venture has received the necessary licenses, but Binance’s recent guilty plea and $4.3 billion in penalties for violating US […]
The Securities and Exchange Commission (SEC) has called for public input on approving a spot bitcoin ETF proposed by Franklin Templeton, only weeks after delaying its decision. Some experts have perceived this move as a swift response from the regulator. The SEC’s request for feedback, particularly after its previous postponement, […]
Multi-party computation (MPC) wallet provider Fireblocks has released a new trading system for institutions that use centralized exchanges, according to a Nov. 28 announcement. Called “Off Exchange,” the new system allows institutional traders to swap tokens without first depositing them on the exchange. Fireblocks claimed this system would help to […]
A federal judge has approved an order requiring crypto lending firm Voyager Digital and its affiliates to pay $1.65 billion in monetary relief to the United States Federal Trade Commission (FTC). In a Nov. 28 filing in U.S. District Court for the Southern District of New York, Judge Gregory Woods […]
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