Braden John Karony had been convicted last year on several federal charges, and he’s ordered to pay back $7.5 million in restitution. What to know: Former SafeMoon CEO Braden John Karony will face an 8-year prison sentence after being convicted last year on a string of federal charges tied to defrauding investors […]
The original vision for Bitcoin was simple: peer-to-peer digital cash, free from banks and government. However, the document argues that this vision was deliberately “hijacked,” as Bitcoin is now pushed as “digital gold,” a scarce asset for Wall Street, with slow and expensive transactions for everyday use. This shift began […]
The companies plan to expand global access to tokenized gold and allow the buying of bullion with Tether’s stablecoins. What to know: Tether, issuer of the world’s most popular stablecoin, has acquired a $150 million minority stake in Gold.com (GOLD), deepening its push into the gold market just as the […]
The investing world is currently falling for one of the greatest trojan horse operations in history. The term “trojan horse” relates to the famous Greek poem Aeneid, which chronicles the 10-year siege of the city of Troy by Greek soldiers. In its simplest rendering, after years of failing to enter […]
JPMorgan says Bitcoin’s long-term case versus gold is strengthening despite its historic sell-off. Bitcoin’s long-term investment case relative to gold has strengthened, according to JPMorgan, even as the cryptocurrency suffers one of the sharpest market pullbacks in its history. In a new note, JPMorgan analysts reportedly said Bitcoin’s risk-adjusted profile versus gold […]
Beyond Bitcoin: How advisors use indices to broaden crypto exposure. What to know: You’re reading Crypto for Advisors, CoinDesk’s weekly newsletter that unpacks digital assets for financial advisors. Subscribe here to get it every Thursday. In today’s newsletter, Glenn Williams Jr from ProShares writes about growing investment in cryptocurrencies outside of bitcoin. Then, Wojciech Kaszycki from BTCS […]
While many hyper focus on the bitcoin price and its occasional intense volatility, there is a whole cohort of Bitcoiners that are quietly building Bitcoin circular economies with deep social impact around the world, in areas where Bitcoin is a save heaven asset today, compared to the local economies and […]
“I think crypto starts to become invisibly more part of everyone’s lives,” said Tom Lee — the two appeared on a panel together Tuesday morning at the Ondo Summit in New York. What to know: New York — Bitcoin may be locked in a difficult market now, but long-term investors […]
At the Ondo Summit in New York, top asset managers said tokenization has moved beyond theory but warned that trust, education, and real-world utility are now the biggest hurdles. What to know: New York —The next evolution of asset management will be “wallet-native,” not just digital, according to Franklin Templeton’s […]
These crypto products receive the same German tax treatment as directly held bitcoin. What to know: ING Deutschland, Germany’s largest retail bank, now lets customers buy crypto products tracking bitcoin, ether, and solana right from their bank-linked securities accounts. These products are real crypto-backed exchange-traded products issued by heavyweights like […]