Coinbase CEO Met With Federal Reserve Chair Powell in May
Federal Reserve chair Jerome Powell took a meeting with Coinbase CEO Brian Armstrong on May 11, according to Fed records. Paul Ryan, the former Speaker of the House, was also…
JP Morgan Eyes Ethereum Staking as ‘Fast Growing Revenue Opportunity’
JP Morgan, one of the world’s biggest investment banks and previously one that was skeptical of the cryptocurrency industry, has said it believes in the power of staking: the more…
Tim Berners-Lee’s Web Source Code NFT Sells for $5.4 Million at Sotheby’s
World Wide Web inventor Tim Berners-Lee has auctioned off the 30-year-old source code of his invention as a non-fungible token (NFT) for $5.4 million at Sotheby’s. NFTs are blockchain-based crypto…
Robinhood to Pay Record $70M Fine Over ‘Significant Harm’ to Customers
The online brokerage platform Robinhood will pay a nearly $70 million penalty over "widespread and significant harm suffered by customers" in connection with a series of misleading communications, system outages,…
Bank of Russia to Study Risks of Crypto Investing With Banks and Payment Providers
The Central Bank of Russia (CBR) has set out to examine the risks associated with cryptocurrency investments. The regulator is going to conduct a dedicated study with the participation of…
Venezuela to Slash Six Zeros From Its Currency to Facilitate Payments
The government of Venezuela is considering a new redenomination of its fiat currency. The proposal that is under study would cut six zeroes from the inflation-affected Bolivar. This would aid…
Skybridge Capital Launches Ethereum Fund — Ether ETF Filing to Follow
Asset management firm Skybridge Capital has launched an ethereum fund, CEO Anthony Scaramucci has confirmed. He added that the asset manager will be filing for an ether exchange-traded fund (ETF).…
