SEC charges former corrections officer for role in bizarre crypto scam
John A. DeSalvo allegedly solicited ICO money from police and orchestrated a pump and dump on PancakeSwap shortly after. Go to Source
Cryptocurrencies
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Tornado Cash co-founders charged with money laundering, sanctions violations
Roman Semenov was placed on OFAC’s sanctioned persons list and Roman Storm was arrested as the United States continued its crackdown on the crypto mixer. Go to Source
China launches blockchain-powered data exchange
The platform will facilitate the buying and selling of Web3 data among enterprises; Alibaba Cloud and Huawei are among the companies to participate. Go to Source
Thailand’s next prime minister Srettha Thavisin has crypto history
Sansiri, one of the largest real estate firms in Thailand, once had Srettha Thavisin as CEO. The firm is known for backing crypto projects like XSpring. Go to Source
Here’s what the latest Bitcoin price correction reveals
The latest episode of The Market Report analyses the recent Bitcoin price correction to $26,000 and what it reveals about the current market structure. Go to Source
What are the 3 assets most correlated with Bitcoin?
Bitcoin price is closely linked to several financial assets but the reasons for correlation with certain precious metals and stocks can be quite different. Go to Source
Chinese official sentenced to life in prison for Bitcoin mining, corruption
Xiao Yi was accused of abuse of power and corruption in operating a $329 million Bitcoin mining enterprise. Go to Source
Crypto amplified financial risks in emerging markets: BIS papers
Central banks of the United States, Canada, Mexico and Brazil have pointed out the risks of crypto, but warned against excessively prohibitive laws. Go to Source
Dwindling optimism for Bitcoin ETF approval to blame as weekly crypto outflows hit $55M
Even altcoins slumped, with only Ripple and Cardano registering inflows. Go to Source
Coin Center responds to US lawmakers’ request for crypto tax guidance
Among the crypto advocacy group’s suggestions included a De Minimis exemption for crypto transactions and having the IRS provide guidance on block rewards, airdrops, and hard forks. Go to Source