A Quick Look at Last Month’s U.S. Crypto Crime Log
While our attention was focused on exchange-traded funds earlier this month, federal regulators in the U.S. announced charges or sentences for various crypto parties.
Newsletters
Why Crypto’s Most Altruistic Project Is Going (Kinda) Corporate
Gitcoin, which rewards developers for working on open-source projects, is embracing money-making initiatives to increase its capacity for good.
The U.S. Government Seems to Be Closing in on Bitcoin Mining
Bitmain Antminer S19 Hydro mining rigs, the company’s latest technology, installed at a Merkle Standard facility in Washington state. (Eliza Gkritsi/CoinDesk)
Blast From the Future: Can You Plagiarize Something Meant to Be Copied?
Devs for the Blast L2 are accused of stealing open-source code that’s available to all. Is that cheating, or a sincere form of flattery?
Why People Still Think Bitcoin Will Die
Unstoppability is one of its most important and reliable features. So why do so many respondents to a recent survey think Bitcoin will fail in 2024?
When Is a Ponzi a Ponzi?
U.S. authorities indicted the operators of HyperVerse, allegedly an $1.8 billion “Ponzi scheme.” There’s a fine line between a “fraudulent investment scheme” and many crypto projects, it seems.
How the Crypto Industry Responded to FinCEN’s Proposed Mixer Rule
Last October, the Financial Crimes Enforcement Network proposed implementing a new regulatory regime for crypto mixing services that would treat the entire class of privacy tools as money laundering threats and force new recordkeeping rules on U.S. people or entities that use them. The industry had a chance to weigh in. Here’s the gist of their responses.
Su Zhu Recommends Prison for All, in an Attempt to Rebuild a Reputation
Flipping the narrative, the disgraced 3AC financier says he enjoyed life behind bars. “I had the best sleep of my life.”
Why Is Everyone Suddenly Bearish About Bitcoin?
The cryptocurrency has dipped following the most bullish recent event in crypto history, the launch of spot bitcoin ETFs, apparently causing a crisis in faith.
ETH ETFs Are Inevitable — But When?
As the SEC delays applications from Grayscale and BlackRock, Daniel Kuhn looks at how soon regulators might approve these investment products.