Recent stories about Crypto

Binance CEO Changpeng Zhao. Photo by Bloomberg.

Unpacking the Latest Binance Exodus; Infrastructure is Crypto’s Hottest Trend

By Aidan Ryan · March 29, 2023 9:01 AM PDT

The Commodity Futures Trading Commission kicked off the week in a massive way with its lawsuit against Binance, which charged the global crypto exchange with violating U.S. derivatives trading laws. A lawsuit full of juicy details and internal messages is never good, especially just a week after Binance ended a price cut that had boosted trading... The Commodity Futures Trading Commission kicked off the week in a massive way with its lawsuit...

Crypto M&A Surges as Startups Become Targets—and Buyers

Crypto M&A Surges as Startups Become Targets—and Buyers

By Aidan Ryan · May 3, 2022 5:45 PM PDT

Last month, San Francisco-based checkout software startup Bolt announced that it was acquiring crypto and blockchain software startup Wyre for $1.5 billion. The deal got us thinking about the rise of mergers and acquisitions involving crypto startups since 2020. (Bolt, meanwhile, is facing challenges including declining revenue growth, my... Last month, San Francisco-based checkout software startup Bolt announced that it was acquiring...

Blockchain.com CEO Peter Smith. (Photo Credit: Blockchain.com. Artwork: Mike Sullivan)

The Math on Blockchain.com; a Crypto Deal 238 Years in the Making

By Akash Pasricha · March 31, 2022 6:12 PM PDT · 2 comments

Blockchain.com’s new $14 billion valuation makes it one of the most highly valued crypto startups. But it could have been worth even more. The cryptocurrency exchange confirmed to The Information on Thursday that it had completed its Series D funding round at a $14 billion valuation, following a Bloomberg report. The company did not... Blockchain.com’s new $14 billion valuation makes it one of the most highly valued crypto...

Gary Gensler, chairman of the U.S. Securities and Exchange Commission. Photo: Bloomberg

What the Binance.US Probe Says About the SEC’s Crypto Regulation Strategy

By Akash Pasricha · Feb. 15, 2022 6:18 PM PST · 2 comments

Gary Gensler, chairman of the U.S. Securities and Exchange Commission. Photo: Bloomberg

What the Binance.US Probe Says About the SEC’s Crypto Regulation Strategy

By Akash Pasricha · Feb. 15, 2022 6:18 PM PST · 2 comments

Crypto companies are keeping the Securities and Exchange Commission (SEC) busy this week. In Monday’s newsletter, we wrote about the SEC’s settlement with BlockFi, a cryptocurrency lender, to resolve the agency’s allegations that the company’s investment products were illegal. As of Tuesday, the SEC had a new target in Binance.US, the American... Crypto companies are keeping the Securities and Exchange Commission (SEC) busy this week. In ...

Gemini's Tyler Winklevoss, left, and Cameron Winklevoss. Photo by Bloomberg.

The Week’s Big Crypto Deals: Gemini, ConsenSys, Anchorage

By Hannah Miller · Nov. 18, 2021 4:01 PM PST · 2 comments

It was a blockbuster week for crypto as companies scored big valuations and raised significant funding. More venture capital is being pumped into the industry as crypto prices rise, institutional investors embrace the industry and buzz grows around potential uses for blockchain technology. The crypto industry is at a pivotal point as it grows... It was a blockbuster week for crypto as companies scored big valuations and raised significant...

Acting Chair of the Commodity Futures Trading Commission Rostin Behnam. Photo by CFTC. Art by Mike Sullivan.

The Tussle to be Crypto’s Top Cop—and Top Dog

By Hannah Miller · Oct. 27, 2021 4:00 PM PDT · 1 comment

There’s no doubt that regulatory scrutiny is growing for crypto in the U.S., but it’s still unclear which government agency will have ultimate authority over the industry. That future became even cloudier Wednesday when Rostin Behnam, acting head of the Commodity Futures Trading Commission, said the agency is prepared to become the main... There’s no doubt that regulatory scrutiny is growing for crypto in the U.S., but it’s still...

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