Sheldon Reback

blockchain-developer-monad-labs-raises-$225m-led-by-paradigm
Posted by | April 9, 2024
Blockchain Developer Monad Labs Raises $225M Led by Paradigm

Monad Labs raised $225 million in a funding round led by Paradigm. The money will help in the development of its faster version of the Ethereum blockchain that is compatible...

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crypto-stocks-gain-as-bitcoin-tops-$72k-for-first-time-since-march
Posted by | April 8, 2024
Crypto Stocks Gain as Bitcoin Tops $72K for First Time Since March

U.S. crypto-related stocks looked set to start the week on a positive note after bitcoin (BTC) climbed through $72,000 for the first time since mid-March as its reward halving draws...

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binance-executives-file-suit-against-nigeria:-local-media
Posted by | March 29, 2024
Binance Executives File Suit Against Nigeria: Local Media

Tigran Gambaryan and Nadeem Anjarwalla filed suit in the Federal High Court saying their human rights had been violated. They had been invited to the country to discuss issues related...

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craig-wright-assets-frozen-by-uk-judge-to-prevent-him-evading-court-costs
Posted by | March 29, 2024
Craig Wright Assets Frozen by UK Judge to Prevent Him Evading Court Costs

Judge James Mellor ordered a worldwide freeze on 6 million British pounds of Craig Wright's assets. In a court case brought by COPA, Mellor found earlier this month that Wright...

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crypto-stocks-advance-pre-market-as-bitcoin-tops-$51k,-market-cap-hits-26-month-high
Posted by | February 14, 2024
Crypto Stocks Advance Pre-Market as Bitcoin Tops $51K, Market Cap Hits 26-Month High

U.S.-listed crypto companies rose Wednesday as bitcoin {{BTC}} climbed past $51,000 for the first time since December 2021, taking its market cap to $1 trillion. Bitcoin, the largest cryptocurrency by...

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Posted by | December 28, 2023
Cathie Wood’s ARK Invests in ProShares Bitcoin ETF After Dumping Grayscale Holdings

ARK Invest bought 4.3 million shares of ProShares Bitcoin Strategy ETF (BITO) yesterday after dumping its remaining holdings of the Grayscale Bitcoin Trust (GBTC). The ProShares stake is valued at...

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Posted by | December 26, 2023
Mt. Gox Appears to Have Started PayPal Repayments Tied to 2014 Bitcoin Hack

Almost 10 years after being hacked, the Mt. Gox crypto exchange appears to be starting to repay customers who lost 850,000 bitcoin (BTC) now valued around $36 billion. Some participants...

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Posted by | December 25, 2023
Japan’s Cabinet Proposes Scrapping Corporate Tax on Unrealized Crypto Gains

The Japanese cabinet approved a proposal by the ruling Liberal Democratic party to end taxation of unrealized cryptocurrency gains in a move that is likely to boost the development of...

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Posted by | December 22, 2023
Spot Crypto ETF Applications Will Be Considered, Hong Kong Regulators Say

Hong Kong regulators said they are ready to consider applications for spot crypto exchange-traded funds (ETFs). In a joint statement, the Securities and Futures Commission (SFC) and Hong Kong Monetary...

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Posted by | December 15, 2023
Bank of Korea Governor Sees CBDC Introduction as Case for ‘Urgency:’ Report

The growth of stablecoins such as tether (USDT) and USD Coin (USDC) poses challenges to central banks because, despite their name, they often lack stability, Bank of Korea Governor Rhee...

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