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$12 Trillion Asset Manager Says Investors Flocking to Bitcoin and Crypto Amid Global Banking Fallout

The CEO of the $12 billion financial advisory firm deVere Group, Nigel Green, says investors are seeking alternatives like Bitcoin and crypto as the US enters a new era of quantitativ...

In crypto, daily, financial, Mar 25, 2023 · 62 points

Ontario crypto king kidnapped, tortured in an attempt to get millions in ransom, documents say

Ontario’s self-described crypto king was allegedly abducted, tortured, and beaten for days as his kidnappers looked to solicit millions in ransom, his father told a court in December.

In ctv, pleterskis, million, Mar 25, 2023 · 46 points

Binance To Increase Staff in El Salvador After Bukele’s Zero Tech Tax Bill

Binance CEO Changpeng Zhao said they are planning to increase their workforce in El Salvador following President Bukele’s announcement.

In companies, salvador, bill, Mar 25, 2023 · 53 points

El Salvador To Build A Tax-Free Paradise For AI Development And Bitcoin

El Salvador focuses on technological innovation, including tax elimination on tech advancements. This move attracts a huge number of developers and investors in every corner of the wo...

In tech, paradise, technological, Mar 25, 2023 · 72 points

The SEC just warned investors that crypto assets are at risk of 'significant' losses after $2 trillion in market value was already erased

"The only money you should put at risk with any speculative investment is money you can afford to lose entirely," the SEC warned.

In warned, significant, investors, Mar 24, 2023 · 83 points

Crypto firm Tether says it has around $1.6 billion in excess reserves to back its USDT stablecoin

Cryptocurrency firm Tether estimates it will make $700 million profit in the March quarter, taking its total excess reserves to over $1 billion. The company issues the USDT stablecoin...

In 16, tether, excess, Mar 24, 2023 · 68 points

Caroline Ellison — The girl who earnt $6m by having a Negative Margin Position of $1.3B

A look at Caroline Ellison, the former CEO of Alameda Research, who received $6 million while being in a negative margin of $1.31 Billion.

In ellison, 6m, position, Mar 24, 2023 · 161 points

Coinbase CEO says the SEC risks putting US financial system behind other countries

Recent actions by the Securities and Exchange Commission risk putting U.S. financial leadership behind, Coinbase CEO Brian Armstrong said on a Twitter live chat today.

In armstrong, warning, recent, Mar 24, 2023 · 80 points

Kraken joins list of crypto firms cutting ties with troubled banks

Kraken crypto exchange has reportedly informed its customers that as of March 27, deposits and withdrawals via ACH Silvergate and Plaid will no longer be available.

In ach, crypto, silvergate, Mar 24, 2023 · 98 points

Coinbase says it could get sued by the SEC, which has identified 'potential violations of securities law' at the exchange. It’s the time to get your coins out of exchanges and keep safe

Coinbase, the largest cryptocurrency trading platform in the US, might get sued by the Securities and Exchange Commission over its crypto offerings.

In notice, law, potential, Mar 24, 2023 · 95 points