Not every former top FTX executive is heading to prison. Gary Wang, former FTX chief technical officer, was spared prison time by U.S. District Judge Lewis Kaplan today. Judge Kaplan praised Wang’s cooperation with federal authorities. Wang testified against former FTX founder and CEO Sam Bankman-Fried at his trial last fall. Wang pleaded guilty to […]
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The five alleged hackers are accused of stealing millions of dollars in crypto, and corporate data from several victims all over the world.
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President-elect Donald Trump announced on Tuesday that one of his top donors, Elon Musk, will co-lead the newly created Department of Government Efficiency, or DOGE. It’s a not-even-thinly-veiled nod to the popular Doge meme, depicting a cute Shiba Inu, which is also the inspiration behind the meme cryptocurrency Dogecoin. The commission, which will advise Trump, […]
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The CEO of Canadian cryptocurrency firm, WonderFi, was kidnapped and held for ransom on Wednesday, according to CBC. Dean Skurka was reportedly shoved into a vehicle in downtown Toronto during rush hour, only to be released uninjured after electronically sending $1 million (presumably CAD) to his captors. The WonderFi CEO is the latest crypto celebrity […]
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In the crypto space, it’s time to scale. All signs point toward a period of growth with high market prices, a more favorable regulatory landscape and a large ecosystem of scaling solutions that work. Watch as TechCrunch Reporter Romain Dillet talks with NFX General Partner Morgan Beller, Galaxy Ventures General Partner Will Nuelle, and Dragonfly […]
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Crypto critic Molly White received emails from a purported lawyer and someone working for a “reputation management company” offering bribes in exchange for the takedown of a blog post about the arrest of an alleged crypto fraudster.
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Africa’s blockchain and crypto space is receiving a much-needed venture boost during a tough time for startups, some of which have retreated from specific markets or completely shut down due to issues like harsh regulatory environment, macros, or downright mismanagement. The boost involves Yellow Card, the U.S.-founded crypto platform launched in Nigeria in 2019, which […]
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Stripe is in talks to acquire stablecoin platform Bridge for a whopping $1 billion, according to Forbes. The talks are reportedly in advanced stages, although nothing has been finalized. Bridge, cofounded by Coinbase alumni Zach Abrams and Sean Yu, has built an API that helps companies accept stablecoins. The pair raised $58 million from investors […]
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