Crypto

US VC giant Andreessen Horowitz — which has about $35 billion in assets under management — is to open its first (yes, the first) international office in London, led by one of the firm's general partners, Sriram Krishnan. The office will focus on supporting the development of crypto, blockch

The U.S. Department of Justice has charged two Russian nationals for hacking and causing the subsequent collapse of Mt. Gox, one of the largest and most popular crypto exchanges. In an unsealed indictment, the DoJ named Alexey Bilyuchenko, 43, and Aleksandr Verner, 29, of hacking t

Consumer trading and investment app Robinhood is moving to restrict the holding and trading of certain major cryptocurrencies on its platform, barely a week after the U.S. Securities and Exchange Commission’s lawsuits against crypto exchanges Binance and Coinbase. The platform told Congress e

Crypto researchers say North Korean state-backed hackers are likely behind a recent hack on Atomic Wallet customers, resulting in millions of dollars in estimated losses. Estonia-based Atomic Wallet is a non-custodial decentralized wallet, which means users are responsible for the assets they store

Lens Protocol, a web3 product aimed at creating a decentralized social networking ecosystem, has raised $15 million, its team told technewss exclusively. The protocol is being built by Aave, a web3 technology firm, that allows users to lend and borrow crypto tokens from one another, among other t

Coinbase, the second-largest crypto exchange globally, is pushing for regulatory clarity in the crypto ecosystem, even as it's fighting some legal battles of its own. The SEC sued Coinbase for securities laws violations on Tuesday, just one day after the SEC sued Binance, the w

A day after the SEC filed 13 charges against Binance and CEO Changpeng Zhao, as well as BAM Trading and BAM Management, it has requested a temporary restraining order to freeze assets for all of the parties involved, according to a filing on Tuesday. The filing shows that the motion was granted.

On Monday, the SEC filed a lawsuit against Binance and CEO Changpeng Zhao, as well as BAM Trading and BAM Management, for lying to regulators about operations, among other charges. While the suit raised eyebrows across the industry, what stood out to technewss+ was the agency'

The SEC hit Binance, the world's largest crypto exchange, and its CEO Changpeng Zhao with 13 charges in a suit on Monday, including allegations of lying to regulators about its operations. Much of the SEC's suit deals with how Binance and its Binance.US subsidiary operated,

The SEC is accusing Binance, the world's largest crypto exchange, its CEO Changpeng Zhao and BAM Trading and BAM Management, of lying to regulators about its operations, according to a federal suit filed Monday. The regulator filed 13 charges against the defendants. Binance and

There'ssomethingphoenix-likeaboutthecryptoworld.Nomatterhowhighthehighs,orhowlowtheensuinglows,blockchainenthusiasts,foundersandinvestorsremainconfidentthattheirfavoredsectorwillriseagain.Youhavetogiveittothem:Italwayshasboundedback. Wesawthishappeninthewakeoftheinitialcoinoffering(ICO)boom,for

The U.S. Securities and Exchange Commission (SEC) has settled charges with a former Coinbase product manager and his brother for engaging in insider trading, the agency announced Tuesday. Ishan Wahi, the former Coinbase employee, and brother Nikhil Wahi, engaged in “a scheme to t

Following a bankruptcy process, the assets of the failed crypto lender Celsius Network are about to be acquired by a consortium called Fahrenheit. Behind this name, you will find a group of bidders led by investment firm Arrington Capital. The other members of the consortium are crypto mining firm

Historically, startups have built their products on blockchains outside of the Bitcoin network to avoid its slow transaction speeds, high fees and inability to communicate cross-chain. But thanks to efforts like the Lightning Network and Taproot Assets (formerly Taro), which have i