Bulgarian Woman Charged in $4B Crypto Fraud Case, Extradited to U.S.

The cryptocurrency markets saw rapid growth in May with quite a few outshining the largest by market capitalization, bitcoin. The leading cryptocurrency drew most of the attention, rising 67 percent from $5,265 on May 1st to $8,900 by month’s end. A considerable amount of the gains happened in the lead up to the New York…

news Like most CoinDesk stories, our interaction with an insider claiming to have access to the Binance hackers began with an email. “Hi John Biggs,” wrote someone calling himself John Amate (later Platon.) “I have read your article regarding about Binance hacking and it seems to me that you do not have much information about it. I…

Dec 3, 2020 at 9:16 a.m. UTCUpdated Dec 3, 2020 at 9:24 a.m. UTC(Shutterstock/Michal Moravec)Theta Labs Launches Its Blockchain Video Delivery Platform in BetaTheta Labs is moving forward with its vision of democratizing content delivery with the beta release of its decentralized video streaming platform.Announced Thursday, the Theta Edgecast platform aims to reward its users…

news Justin Sun, the founder of the Tron cryptocurrency, has issued a public apology via his social media channel for his conduct in the cryptocurrency industry. Sun published a letter on Weibo in Chinese on Thursday, saying he “sincerely apologizes to the public, media, officials and regulatory authorities” for his over-marketing actions, especially with his recent…

Jan 5, 2021 at 9:38 p.m. UTCUpdated Jan 5, 2021 at 9:39 p.m. UTCCoinDesk 20 Bitcoin Price IndexMarket Wrap: Bitcoin Breaks $34K as Ether Futures Interest Jumps $350M in a DayHigher-than-average spot volume, even for the past month, is helping push bitcoin’s price upward at a time when traders are plowing into ether futures at…

Good morning. Here’s what’s happening:Prices: Amid regulatory challenges and liquidity issues, the crypto market, especially Bitcoin and Ether, remains resilient.Insights: Why can't crypto exchanges have more simple corporate structures?Buying Pressure is Keeping Bitcoin From Dipping MoreU.S. regulators are on a warpath, going after major crypto exchanges and declaring a handful of major altcoins securities –…

news Blockchain interoperability project Tendermint has raised $9 million in a Series A funding round led by technology-focused venture capital firm Paradigm. Announcing the news on Thursday, Tendermint said that other participants in the round included Bain Capital and 1confirmation, among others. The investment will go toward supporting the firm’s continued development of the Cosmos Network,…

Lyllah Ledesma is a CoinDesk Markets reporter currently based in Europe. She holds bitcoin, ether and small amounts of other crypto assets.Omkar Godbole is a Co-Managing Editor on CoinDesk's Markets team.This article originally appeared in First Mover, CoinDesk’s daily newsletter putting the latest moves in crypto markets in context. Subscribe to get it in your…

Korea's Jeju island is eyeing a plan to allow crypto projects to conduct initial coin offerings in the self-governing province despite a domestic ban.