Crypto Global

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Recent Articles about Crypto Global
Coreweave CEO Michael Intrator. Getty Images.
The Briefing

CoreWeave’s Balancing Act

By Martin Peers · May 7, 2026 5:00pm PDT
If you’re getting dizzy watching CoreWeave’s balancing act, you’re not alone. The AI cloud startup reported first-quarter numbers Thursday evening showing that its business is ramping up quickly—revenue doubled in the quarter to $2 billion compared to the year-earlier period—but its investment spending and operating expenses are also taking off.... If you’re getting dizzy watching CoreWeave’s balancing act, you’re not alone. The AI cloud...
Microsoft's Pavan Davuluri. Chona Kasinger/Bloomberg/Getty Images.
Applied AI

Microsoft Cuts Copilot Bloat

By Aaron Holmes · May 7, 2026 10:30am PDT
After Microsoft bought the rights to use OpenAI’s technology for free, Microsoft developed a case of Copilot fever, launching Copilot-branded AI features in dozens of products, from Office and Bing to PowerBI and Dynamics. Microsoft appears to be dialing it back a bit, seemingly in response to complaints from customers that the Copilots are... After Microsoft bought the rights to use OpenAI’s technology for free, Microsoft developed a case...
Binance's Yi He, left, and Richard Teng. Photos by Getty Images
Exclusive

Treasury Department Demands Binance Compliance After Iran Crypto Reports

By Leo Schwartz · May 7, 2026 9:05am PDT
The U.S. Department of the Treasury has privately demanded that Binance comply with a monitoring program U.S. regulators imposed on the crypto exchange in 2023, when it pleaded guilty to charges related to sanctions and anti–money-laundering violations, The Information has learned. The Treasury Department’s request—which it sent to... The U.S. Department of the Treasury has privately demanded that Binance comply with a monitoring...
CoinDesk CEO Kevin Worth. Photo by Bloomberg via Getty.
Crypto Global

CoinDesk Revenue Slowed Before Sale to Bullish

By Aidan Ryan · Nov 29, 2023 10:34am PST
Barry Silbert’s Digital Currency Group announced last week that it sold its crypto news subsidiary CoinDesk to the crypto exchange Bullish. Silbert said in a tweet that the sale made CoinDesk, which DCG bought for $500,000 in 2016, “one of our best investments of all time,” but the sale price was not disclosed and could not be learned.What is... Barry Silbert’s Digital Currency Group announced last week that it sold its crypto news...
Binance CEO Changpeng Zhao leaves the U.S. District Court on Nov. 21 in Seattle. Photo by David Ryder/Getty.
Crypto Global

One Binance Saga Comes to a Close

By Aidan Ryan · Nov 22, 2023 9:15am PST · 2 comments
Just when it felt like crypto could coast into Thanksgiving with OpenAI drama dominating headlines, U.S. officials barged in with a settlement in long-running investigations into Binance.The deal is on one hand a seismic shift for the world’s biggest crypto exchange. (You can view our updated Binance org chart here.) Its founder Changpeng Zhao... Just when it felt like crypto could coast into Thanksgiving with OpenAI drama dominating...
Photo via Stash
Crypto Global

Another Fintech Drops Crypto

By Aidan Ryan · Nov 15, 2023 9:06am PST
Crypto prices have been creeping up over the past month, fueling hope that the crypto winter could be thawing. But some trading and investing apps have already thrown in the towel. I reported earlier this week that Stash, an app that offers stock, ETF and crypto trading, is pulling the plug on its crypto trading service in December. The... Crypto prices have been creeping up over the past month, fueling hope that the crypto winter...