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The latest crypto headlines, updated continuously. · Page 145

Delio CEO sentenced to 15 years in prison on crypto fraud in South Korea
crypto3 months ago

Delio CEO sentenced to 15 years in prison on crypto fraud in South Korea

More than a year after being indicted on fraud charges related to his activities at crypto company Delio, Jeong Sang-ho faces prison time in South Korea.

Cointelegraph

Tether says it completed long-promised 'Big Four' audit of finances behind $180 billion USDT stablecoin
crypto3 months ago

Tether says it completed long-promised 'Big Four' audit of finances behind $180 billion USDT stablecoin

KPMG U.S. examined Tether's books and even counted its gold bars as the $180 billion USDT issuer said it completed its long-promised financial audit.

CoinDesk

CFTC to join SEC in exploring crypto regulations without CLARITY bill
crypto3 months ago

CFTC to join SEC in exploring crypto regulations without CLARITY bill

The CFTC will hold a meeting for its Innovation Advisory Committee on Aug. 20 to address regulation related to crypto assets, artificial intelligence and prediction markets.

Cointelegraph

Forecasts for $1 million bitcoin price likely look too ambitious, key ratio suggests
crypto3 months ago

Forecasts for $1 million bitcoin price likely look too ambitious, key ratio suggests

The thesis is that high yields on long-term U.S. Treasuries make non-yielding assets like bitcoin less attractive.

CoinDesk

Crypto group backs Custodia in Supreme Court battle over Fed access
crypto3 months ago

Crypto group backs Custodia in Supreme Court battle over Fed access

The Blockchain Association argues the Fed should not have broad discretion to deny eligible state-chartered banks direct access to its payment system.

Cointelegraph

Robinhood Chain nears $1B TVL as Uniswap drives liquidity: Standard Chartered
crypto3 months ago

Robinhood Chain nears $1B TVL as Uniswap drives liquidity: Standard Chartered

Standard Chartered said Robinhood’s Uniswap integration could solve a key challenge for new blockchains while accelerating UNI token burns.

Cointelegraph

Trezor warns 14,000 customers after fulfilment partner suffers data breach
crypto3 months ago

Trezor warns 14,000 customers after fulfilment partner suffers data breach

The incident marks the first time Trezor customers' shipping addresses were exposed.

CoinDesk

Public Bitcoin miners cut hashrate 13.4% as AI infrastructure revenue grows
crypto3 months ago

Public Bitcoin miners cut hashrate 13.4% as AI infrastructure revenue grows

AI and HPC are reshaping mining economics as operators repurpose power and data centers, while a smaller group of miners continues to expand Bitcoin capacity.

Cointelegraph

Bullish shares jump 10% as Q2 adjusted EBITDA more than triples
crypto3 months ago

Bullish shares jump 10% as Q2 adjusted EBITDA more than triples

The crypto exchange operator’s shares gained around 10% as adjusted EBITDA more than tripled and subscription and services revenue hit a record high.

Cointelegraph

Trezor reports data from 14K users exposed through shipping provider
crypto3 months ago

Trezor reports data from 14K users exposed through shipping provider

The wallet provider warned that thousands of users could potentially be at risk of phishing attempts, while advising that all devices, private keys and backups were safe.

Cointelegraph

Bitcoin keeps traders guessing near $64K as stocks gain on cool US PPI data
crypto3 months ago

Bitcoin keeps traders guessing near $64K as stocks gain on cool US PPI data

Bitcoin joined US stocks in modest gains after July PPI inflation data continued a cooling trend seen over the past month.

Cointelegraph

Crypto for Advisors: The crypto advice gap
crypto3 months ago

Crypto for Advisors: The crypto advice gap

You’re reading Crypto for Advisors, CoinDesk’s weekly newsletter that unpacks digital assets for financial advisors. Subscribe here to get it every Thursday.

CoinDesk

B2C2 taps Schroders veteran to chase Asia’s growing crypto wealth
crypto3 months ago

B2C2 taps Schroders veteran to chase Asia’s growing crypto wealth

The institutional crypto liquidity provider is bringing on the former Schroders Wealth Management Asia chairman as it targets family offices and asset managers across the region.

CoinDesk

Kalshi in talks with Sequoia, Wellington for $750 million fund raise at $40 billion valuation
crypto3 months ago

Kalshi in talks with Sequoia, Wellington for $750 million fund raise at $40 billion valuation

The prediction-market platform raised $1 billion at a $22 billion valuation in May and is now discussing a new round that could nearly double that figure.

CoinDesk

Swissquote cuts full-year guidance as 1H crypto income plunges, shares slide
crypto3 months ago

Swissquote cuts full-year guidance as 1H crypto income plunges, shares slide

The online bank cut full-year revenue and profit forecasts after first-half crypto trading levels slumped.

CoinDesk

Crypto platform operator gets 15-year prison sentence in South Korea due to $50 million scam
crypto3 months ago

Crypto platform operator gets 15-year prison sentence in South Korea due to $50 million scam

A South Korean court sentenced the head of centralized finance (CeFi) lender Delio to 15 years in prison for embezzling digital assets from more than 1,100 customers.

CoinDesk

Figure revenue doubles as blockchain loan marketplace volumes surge
crypto3 months ago

Figure revenue doubles as blockchain loan marketplace volumes surge

The tokenization-focused lender posted $226 million in quarterly revenue as blockchain loan marketplace volume jumped to $4.3 billion.

CoinDesk

Bitmine’s $257M annualized staking income ‘fills’ operational gaps, share buybacks: analysts
crypto3 months ago

Bitmine’s $257M annualized staking income ‘fills’ operational gaps, share buybacks: analysts

Bitmine’s Ether staking revenue is an important financial buffer that fills financial gaps and provides recurring revenue streams beyond Ether’s price appreciation, analysts told Cointelegraph.

Cointelegraph