Nate Chastain, the former head of product at non-fungible token (NFT) platform OpenSea, was convicted of money laundering and wire fraud in a New York court on Wednesday, according to a report from Reuters. Author: Cheyenne Ligon
Archives for May 2023
Registered UK Crypto Firms Can Approve Their Own Ads, Lawmakers Decide
The law on promotions is set to come into effect around four months from now, the finance ministry has said. Author: Camomile Shumba
Bitdeer to Raise $500M for Bhutan Crypto Mining Operations in Deal With Government
Bitdeer said the agreement marks “a crucial expansion into Asia” and expects fundraising efforts to commence this month. Author: Jamie Crawley
First Mover Asia: Bitcoin’s Kimchi Premium Has Narrowed, but the Korean Market Is Proving Resilient
ALSO: A crypto markets analyst suggests that the U.S. central bank may not be finished with interest rate hikes, even if it raises the rate on Wednesday as expected. Author: Sam Reynolds
Balaji Closes Bitcoin Bet With $1.5M in Donations, Including $500K for Bitcoin Core Development
Amid the initial bank failures in the U.S., the tech entrepreneur in mid-March had bet $1 million that bitcoin would hit $1 million within 90 days. Author: Stephen Alpher