Mark Cuban-Backed Unikrn ICO Hit by Class Action Lawsuit
Unikrn, an e-sport betting firm that conducted an ICO last year, is now facing a class action suit that accuses it of violating US securities law.
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Florida Man Pleads Guilty to Wire Fraud Conspiracy Tied to Forcount Crypto Ponzi
One of the top promoters in the Forcount crypto ponzi scheme – a Brazil-based scam that bilked Spanish-speaking investors around the world of a collective $8.4 million – has pleaded guilty to his role in the operation, federal prosecutors announced Wednesday.Juan Tacuri, 46, of Florida, pleaded guilty to one count of conspiracy to commit wire

Bitcoin News Roundup for July 31, 2020
Jul 31, 2020 at 16:00 UTCUpdated Jul 31, 2020 at 16:06 UTCBitcoin News Roundup for July 31, 2020With the dollar dropping to its lowest level since May 2018 and a reshuffle in Japan’s central bank, CoinDesk’s Markets Daily is back. For early access before our regular noon Eastern time releases , subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.…

Bitcoin News Roundup for May 21, 2020
May 21, 2020 at 16:00 UTCSpoooky! BTC saw a ghost Wednesday and scared the markets. It's CoinDesk's Markets Daily podcast.For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.Today's stories:For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.Disclosure Read More The leader in blockchain news, CoinDesk…

Bitcoin Nears $97K, Continuing Wild ‘Trump Trade’ Rally
Bitcoin (BTC) momentum shows no signs of slowing as a rally catalyzed by a Republican win earlier this month keeps on going, pushing the asset above $95,000 for the first time earlier Thursday. BTC traded above $96,500 in early Asian hours, less than 4% from a landmark $100,000 figure that would push it above a

Do Kwon’s South Korea Extradition Uncertain After Challenge from Top Prosecutor
Terra co-founder Do Kwon’s extradition to South Korea has been halted following a legal challenge from the top prosecutor of Montenegro.Kwon has been in Montenegrin custody since March 2023, when he was arrested and jailed for using fake Costa Rican documents in traveling to Dubai.Montenegrin authorities are weighing competing extradition requests for Kwon from his

PayPal Talks to Buy Crypto Firm BitGo Have Ended: Report
Dec 24, 2020 at 12:04 p.m. UTCUpdated Dec 24, 2020 at 12:41 p.m. UTCPayPal Talks to Buy Crypto Firm BitGo Have Ended, Other Targets Eyed: ReportTalks regarding a possible acquisition by PayPal of bitcoin custodian BitGo have fallen through, Fortune reported, citing multiple sources.PayPal was exploring the possible purchase of cryptocurrency companies including BitGo, according…
Crypto Exchange Beaxy Shut Down After SEC Lawsuit
Christy Goldsmith RomeroCommissionerU.S. Commodity Futures Trading CommissionExplore the policy fallout from the 2022 market crash, the advance of CBDCs and more.Christy Goldsmith RomeroCommissionerU.S. Commodity Futures Trading CommissionExplore the policy fallout from the 2022 market crash, the advance of CBDCs and more.Jesse Hamilton is CoinDesk's deputy managing editor for global policy and regulation. He doesn't hold…

Morgan Creek Digital to Raise up to $500M for New Web3 Venture Capital Fund
Morgan Creek plans to raise up to $500 million for a new web3 fund. The firm is looking to expand its footprint in Europe, the Middle East and Africa, and in Asia-Pacific. Morgan Creek Digital plans to raise up to $500 million for a new fund targeting early stage opportunities in artificial intelligence (AI), blockchain