Early customers of the financial services company’s program are providing monthly bitcoin bonuses of between $50 and $100. Author: Cameron Thompson
Archives for May 2022
US Court Orders BitMEX Founders to Pay $30M for Illegal Trading
A federal judge ordered the three co-founders of BitMEX to pay $30 million total for operating an illegal cryptocurrency derivatives platform and violating money-laundering rules, the Commodity Futures Trading Commission said Thursday. Author: Jesse Hamilton
Elizabeth Warren Echoes Labor Dept. Concerns About Fidelity’s Plan for Bitcoin in 401(k) Retirement Plans
U.S. Sen. Elizabeth Warren has joined the Department of Labor in expressing concerns about Fidelity Investment’s plans to offer bitcoin in its 401(k) retirement plans. Author: Jamie Crawley
Cardano, Avalanche Lead Fed-Driven Crypto Rally, Traders Still Wary of Long-Term Recovery
Crypto markets added nearly 5% to overall capitalization in the past 24 hours after broader markets jumped on the decision to increase rates in the U.S. Author: Shaurya Malwa
First Mover Asia: Events in China, India Have Also Weighed on Crypto Prices
Investors may have been focusing on interest rate hikes and the economic fallout of Russia’s Ukraine invasion, but bitcoin has been subject to other headwinds; cryptos rise post rate hike. Author: Shaurya Malwa, Damanick Dantes, James Rubin
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