The News Roundup
View More NewsCoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 1750.15, down 0.9% (-15.97) since 4 p.m. ET on Wednesday.Three of 20 assets are trading higher.Leaders: XLM (+10%) and HBAR (+0.2%).Laggards: ICP (-4.1%) and SUI (-4%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally. Read the full article here
A 56-year-old Florida resident has pleaded guilty in federal court to conspiracy to operate an unlicensed money-transmitting business in connection with a $1.8 billion fraudulent crypto platform.According to a statement from the United States Attorney’s Office for the District of Maryland, Rodney “Bitcoin Rodney” Burton conspired to provide unlicensed money transmitting services to promote HyperFund, a global wire-fraud scheme.Kelly O. Hayes, US Attorney for the District of Maryland and agents from the Washington Internal Revenue Service Criminal Investigation unit and Homeland Security Investigations, New York, announced Burton’s guilty plea on Wednesday.HyperFund is one of the largest crypto fraud schemes, which…
AI & Crypto
Read MorePolitics
This is part of 1776 All-Stars, a series about Reason’s favorite American Founders. Read more here. Joanna Andreasson I do not know my favorite Founder’s name. I just know that in 1788 a Baltimore newspaper published a series of pseudonymous essays where…
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Opinions & Debates
Last Wednesday, 3 June, was surely one of the most shameful days in the Knesset’s 77-year history. Michael Rabello, the personal attorney of Israeli prime minister Benjamin Netanyahu, was elected the country’s next state comptroller—the official who inspects, reviews, and audits government policy and conduct, and whose broad powers of inspection include the use of hundreds of lawyers, accountants, and other professionals under his authority.Israeli law stipulates that the Knesset vote for this position must be carried out in secret, with MKs casting ballots alone behind a screen. Rabello’s rival for the post, former Supreme Court justice Yosef Elron, won…
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Crypto exchange CoinMENA has entered a banking agreement with Standard Chartered to strengthen fiat payment infrastructure for customers in the United Arab Emirates.Under the…
In brief Multi-chain perps exchange Satori Finance is closing its doors next month. The firm raised $10 million from Coinbase Ventures, Jump Capital, and…
“For most people, the biggest investment, their nest egg, is their home equity. Find a way to transform that into some kind of bitcoin…
Altcoin markets (excluding Ether (ETH)) recently saw $266 billion in net selling volume on centralized exchanges, the deepest reading since the metric began tracking…
from the chaos dept There’s something going on over in Microsoft’s Xbox division and it isn’t good. Don’t take my word on that. Apparently…
From Trump Media & Tech. Group Corp. v. WP Co. LLC, decided today by Judge Tom Barber (M.D. Fla.); seems correct to me (and…
Bitcoin’s BTC$65,841.55 drop below $60,000 earlier this month spurred investors to pile into the largest cryptocurrency, with almost 260,000 BTC bought over 10 days…
A bipartisan group of US senators led by Republican Senator Cynthia Lummis has urged the Treasury to ensure that state authorities are given the…
From Judge April Perry (N.D. Ill.) today in Doe v. Thomas. Some context: Plaintiff’s motion for a protective order [51] is denied, as Plaintiff…
When the game ended 0-0, both paid out. The wallet redeemed about $4.7 million on the Spain market and $8.5 million on the spread,…
How Bitcoin perps are entering regulated US marketsFor years, Bitcoin perpetual futures have ranked among the most important products in crypto trading. They account…
In brief South Korean police referred 23 suspects and detained two key figures over laundering crypto proceeds from a Cambodia-based phishing group. The crew…
