Even with most tokens posting significant gains this year, several crypto firms are still reeling from the contagion effects of 2022. As such, some of the biggest web3 companies, including Polygon, Dapper Labs, Coinbase, Crypto.com, etc., have declared job slashes this year to mitigate ...Read More

Sam Bankman-Fried, the disgraced founder of the cryptocurrency exchange FTX, isn’t doing himself any favors. Despite being charged with orchestrating one of the largest financial frauds in history and facing the prospect of spending his life in prison, he has been tweeting and giving interviews with ...Read More

The Securities and Exchange Commission today announced charges against former NBA player Paul Pierce for touting EMAX tokens, crypto asset securities offered and sold by EthereumMax, on social media without disclosing the payment he received for the promotion and for making false and misleading ...Read More

Silvergate Bank is being accused of aiding and abetting a multibillion-dollar fraudulent scheme orchestrated by SBF through his entities FTX and Alameda. The bank is one of only a handful of U.S. banks that cater to cryptocurrency-related exchanges, funds, and customers. Silvergate Bank became ...Read More

Senators agree on the need for comprehensive crypto regulation, but they don’t appear to have a clear pathway to bipartisan legislation. At a Senate Banking Hearing on Tuesday, Democrats expressed doubt about the value of crypto, while Republicans pushed for a more industry-friendly regulatory ...Read More

U.S. broker-dealers and investment advisers that deal in crypto will get extra scrutiny from Securities and Exchange Commission examiners this year, according to the agency’s annual examination priorities announced Tuesday. The SEC-registered investment firms offering or advising about cryptocurrencies will be a focus. The regulator will ...Read More

Speak to Hester Peirce for too long and you’ll leave with the distinct impression that she’s fed up with the Securities and Exchange Commission (SEC). The U.S.’ securities, and sometimes crypto, regulator “has not done a good job,” the commissioner told CoinDesk. “We just ...Read More