Just four men controlled 86% of stablecoin issuer Tether Holdings Limited as of 2018, according to documents obtained by The Wall Street Journal in connection with United States authorities investigat...
Tag: people
Pantera exec Joey Krug leaves crypto investment firm: CoinDesk
Pantera Capital co-Chief Investment Officer Joey Krug has left the venture capital and investment firm, CoinDesk reported, citing a letter sent out to partners on Friday. Krug joined Pantera Ca...
86% of Tether was concentrated among four people till 2018
A report by WSJ revealed that 86% of Tether was controlled by four people as of 2018. The USDT issuer has disclosed very little about its operations and ownership structure. A new report by the Wall S...
A CFTC commissioner’s enthusiasm for crypto draws attention
The courtship between the crypto industry and Washington, D.C. captivated the financial policy world over the past year. As that saga has played out, Caroline Pham emerged as something of a cele...
Crypto market continues to rise, while Silvergate shares seesaw after probe report
Bitcoin settled around $23,570 at 5:20 p.m. EST after climbing as high as $24,100 earlier in the day, according to TradingView data. It’s up about 0.4% over the past day following the Federal Re...
Why ‘Warm Days, Cool Nights, And Special Soils’ Aren’t Attracting Young People To Wine
Silicon Valley Bank’s State of the US Wine Industry 2023 highlights a need for the industry to … [+] attract customers under the age of 60. getty Crystal Cameron-Schaad runs Crystal Palate...
Crypto market jumps following Fed rate decision
Crypto prices soared after the market opened on Thursday, as traders responded to the Federal Reserve’s interest rate decision yesterday with a bullish sentiment. Bitcoin rose 3.5% to $23,730 ar...
Federal Reserve raises interest rates by 25 basis points, as expected
The U.S. Federal Reserve raised the target range for the federal funds rate by 25 basis points to 4.5-4.75 percent, bringing the interest rate to a 15-year high. Wednesday’s interest rate decisi...
Market trades flat ahead of Fed’s interest rate decision
Crypto prices remained mostly flat after the market opened on Wednesday, as traders await the Federal Reserve’s interest rate decision and comments from the subsequent press conference this afternoon....
Here’s how game theory can help traders understand crypto
Episode 5 of Season 5 of The Scoop was recorded remotely with The Block’s Frank Chaparro and Jordi Alexander, Founder & CIO of Selini Capital. Listen below, and subscribe to The Scoop ...
CME’s crypto derivatives reach new highs as traders seek safe port in storm
Derivatives trading giant CME Group has clocked a record high in volume and open interest for bitcoin options as traders flock to the venue in the wake of the FTX meltdown. Bitcoin options volum...
How To Challenge Your Team Without Burning People Out
getty It’s when we’re challenged that humans come alive. When we engage in a process of practice and improvement that will lead to true mastery, when we take on the (next to) impossible and make it po...
MicroStrategy expected to report profit despite down quarter for crypto: Preview
MicroStrategy reports fourth quarter results Thursday with the company expected to turn a profit after several down quarters even as revenue comes in slightly lower than a year earlier. The sof...
Coinbase loses Bison Trail co-founders: Sources
The co-founders of Bison Trails left Coinbase today, according to three people familiar with the situation. Joe Lallouz and Aaron Henshaw created Bison Trails to run infrastructure on multiple b...
Crypto prices flat, while Dogecoin rallies
Crypto prices remained mostly flat after the market opened on Tuesday, with Dogecoin rising significantly by 8.1%, outperforming the top 10 coins. Bitcoin fell 0.3% to $23,117 around 9:50 a.m. E...
Names of People Who Posted SBF’s Bond Should be Made Public, US Judge Rules (Report)
Judge Lewis Kaplan in Manhattan reportedly ruled that the names of the two individuals who allowed Sam Bankman-Fried (SBF) to stay at his parents’ house under a $250 million bond should be made public...
Obamacare special enrollment for people who lose Medicaid
An Obamacare sign is seen outside of the Leading Insurance Agency, which offers plans under the Affordable Care Act (also known as Obamacare) on January 28, 2021 in Miami, Florida. Joe Raedle | Getty ...
A self-made millionaire shares 8 money secrets rich people know that ‘most of us don’t’
It took me 20 years of trial and error before I achieved a multimillion-dollar net worth. Now, at 64, I draw income from the 18 companies I started and the 12,000 apartment units I own. But I wish I h...
Twitter preps for payments with crypto option as Musk eyes super app, FT says
Twitter is working to line up the necessary regulatory approvals needed to integrate payments into the platform, including future crypto capabilities, the Financial Times reported. The social m...
At Least 34 People Killed In Mosque Bombing In Northwest Pakistan
Topline At least 34 people were killed and several more were injured in a purported suicide bombing attack on a mosque in Peshawar, Pakistan, less than one year after the deaths of 62 people in anothe...
Coinbase Forced to Release 1,000 More People from Employment
It looks like Coinbase – a popular digital currency exchange in North America – just can’t catch a break. After getting sued by customers and then having to engage in a settlement with the New York At...
DOJ Seeks To Cut Off Sam Bankman-Fried’s Communication With Key People Involved in Fraud Trial
The U.S. Department of Justice (DOJ) is seeking to stifle Sam Bankman-Fried’s communications with FTX and Alameda Research employees before his trial. In a new court filing, the DOJ asks for a ruling ...
Secret Labs and Secret Foundation battle it out openly
Guy Zyskind, founder and CEO of Secret Labs, raised a number of questions around the past operations of the Secret Foundation and its founder Tor Bair. Both entities support the Secret Network, a priv...
‘Timing couldn’t be worse’: Inflation is easing, but more people are using credit cards for unexpected expenses — and the next Fed meeting will raise borrowing costs
A record number of people say they would need to pay for an unplanned $1,000 expense by using their credit card, according to a new survey showing the burden of high prices even as inflation rates ebb...
ChatGPT is ‘down all the time’ and people keep using it. What that says to Google alum Elad Gil about bad Silicon Valley advice
ChatGPT has taken the world by storm. The artificial intelligence chatbot from OpenAI has captured imaginations around the world and drawn hefty investments from Microsoft, which said this month it pl...