cryptocurrency

The potency of Ellison’s testimony against Bankman-Fried will also have gone a long way to convincing the judge to show leniency, says Paul Tuchmann, a former US prosecutor and partner at the law firm Wiggin and Dana.Testifying at…

Last month, venture capitalist Balaji Srinivasan announced the Network School, a three-month learning retreat marketed to people interested in “network nations,” a kind of utopia for the anarchocapitalist set. The inaugural class is 150…

As it turned out, Trump was readily convinced: Despite having previously dismissed bitcoin as a “scam,” Trump has recently taken to pitching himself as the crypto president. In July, speaking to thousands of bitcoiners at a conference in…

The vast majority of these coins never get off the ground. Others attract early attention, then tank after the creator sells off their holdings without warning. A minority of the coins hold value over a longer period.Meme coins serve no…

Impersonators have descended on a soon-to-be-announced crypto venture tied to presidential candidate Donald Trump and his family, capitalizing on gaps in information about the project to promote inauthentic crypto tokens.Led by Eric Trump…

The previous October, Sawicky organized a weeklong protest alongside environmental activist group Greenpeace and brandished various anti-bitcoin signs at anyone who entered the Riot facility. Only a few other people turned out in support,…

“Ensuring that a stablecoin retains its peg even under stressed market conditions is a solvable problem,” Catalini says. In an optimal scenario, he says, reserves would be made up of exclusively “high-quality, liquid assets,” like…

WIRED: This year, Tether has moved to diversify its business model with a push into venture capital. Tell me about the rationale.Ardoino: Tether has become extremely profitable in the last two years thanks to the increase in interest rates.…

Donald Trump is an unlikely crypto ally. The power of bitcoin, embodied in Satoshi Nakamoto’s founding document, is that it frees participants from murky assessments of trust, instead relying on the bedrock of proof.Bitcoin is truth. So it…

Even if Trump were to restrict the reserve to bitcoin seized through law enforcement activity, his administration must also weigh up the opportunity cost associated with holding onto bitcoin. Whereas some assets such as bonds generate a…