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Finance

Coinbase to Stop Issuing New Loans Via Coinbase Borrow

May 10 is the final day customers will be allowed to take out new loans through the program.

By Cheyenne Ligon, Nikhilesh DeMay 4, 2023

Coinbase to Stop Issuing New Loans Via Coinbase Borrow

Markets

Bitcoin Rises as Latest Teetering U.S. Bank Sends Traders to Crypto Haven

California-based PacWest Bancorp is weighing strategic options, according to Bloomberg.

By Stephen AlpherMay 3, 2023

Bitcoin Rises as Latest Teetering U.S. Bank Sends Traders to Crypto Haven

Policy

Ex-OpenSea Exec Convicted of Wire Fraud, Money Laundering in Insider Trading Case

Nate Chastain made approximately $50,000 by buying and trading non-fungible tokens with insider knowledge gained from his position at OpenSea.

By Cheyenne LigonMay 3, 2023

Ex-OpenSea Exec Convicted of Wire Fraud, Money Laundering in Insider Trading Case

Opinion

Crypto’s Macro Drivers – It’s Not Just About Bitcoin

The macro outlook and why it matters for bitcoin and other crypto assets. An analysis by Noelle Acheson, CoinDesk’s former head of research.

By Noelle AchesonMay 3, 2023

Crypto’s Macro Drivers – It’s Not Just About Bitcoin

Finance

Federal Reserve Raises Fed Funds Rate by 25 Basis Points, Signals Possible Pause

This latest move comes as the U.S. central bank battles stubbornly high inflation while dealing with a string of high-profile bank failures.

By Stephen AlpherMay 3, 2023

Federal Reserve Raises Fed Funds Rate by 25 Basis Points, Signals Possible Pause

Policy

White House Pushes for Punitive Tax on Crypto Mining

The Biden administration is campaigning for a tax first sought in a recent federal budget proposal, advocating that crypto miners pay an amount equal to 30% of their energy costs.

By Jesse HamiltonMay 2, 2023

White House Pushes for Punitive Tax on Crypto Mining

Finance

Coinbase Opens Offshore Crypto Derivatives Exchange

Based in Bermuda, Coinbase International Exchange will not be open to U.S. traders.

By Danny NelsonMay 2, 2023

Coinbase Opens Offshore Crypto Derivatives Exchange

Policy

Celsius Seeks to Merge UK, U.S. Entities Amid Allegations Distinction Was a ‘Sham’

Court filings urge the resolution of an issue, which could prove key to recoveries for customers and Series B investors.

By Jack SchicklerMay 2, 2023

Celsius Seeks to Merge UK, U.S. Entities Amid Allegations Distinction Was a ‘Sham’

Finance

IRS Hopes to Have New Crypto Operating Plan in '12-ish' Months, Official Says

Julie Foerster, the agency's point person for cryptocurrency taxation, also stressed a need for working with the community at Consensus 2023.

By Glenn Williams Jr.Apr 28, 2023

IRS Hopes to Have New Crypto Operating Plan in '12-ish' Months, Official Says

Policy

South African Mirror Trading's CEO Fined $3.4B by U.S. in Bitcoin Forex Fraud Case

The founder of bitcoin pool operator MTI was charged with fraud last year for running an unlicensed commodity pool scheme.

By Sandali HandagamaApr 28, 2023

South African Mirror Trading's CEO Fined $3.4B by U.S. in Bitcoin Forex Fraud Case

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