Celsius’ Alex Mashinsky Has Left a Trail of Unhappy Investors | Tech News Briefing Podcast | WSJ – Wall Street Journal

Celsius’ Alex Mashinsky Has Left a Trail of Unhappy Investors | Tech News Briefing Podcast | WSJThe Wall Street Journal Wall Street Pros Offer Crypto Holders a Backdoor Bankruptcy ExitBloomberg Bankrupt crypto lender Celsius drops plan to rehire former executive at $93,000 a monthCBS News Celsius CEO under fire as Committee of Creditors, DFPI implicate … Read more

How Tornado Cash blacklist by US Treasury affects wider crypto ecosystem – CNBC Television

How Tornado Cash blacklist by US Treasury affects wider crypto ecosystemCNBC Television Crypto ‘Mixer’ Tornado Cash Is Blacklisted by the Treasury DepartmentThe New York Times Ethereum-Based Tornado Cash Sanctioned For Allegedly Helping Launder More Than $7 Billion | ForbesForbes Tornado Cash co-founder reports being kicked off GitHub as industry reacts to sanctionsCointelegraph CommerceBlock CEO slams … Read more

Crypto and the US Government Are Headed for a Decisive Showdown

Perhaps seeing that the law is going to come for crypto sooner or later, the industry has been rallying behind an effort to pass a new regulatory framework just for crypto—one that spares the full wrath of the Howey test. Companies, including Coinbase, have petitioned the SEC to issue new, digital-currency-specific rules. In the Senate, … Read more

The US Emergency Alert System Has Dangerous Flaws

Cryptocurrency tracing has become a key tool for police investigating everything from fraud and ransomware to child abuse. But its accuracy may soon be put to the test. This week, we reported on new court filings from the legal team representing Roman Sterlingov, who’s been in jail for 15 months, accused of laundering $336 million … Read more

Pre-Framed NFTs Aim to Make Crypto Art More Approachable

Maybe you’re intrigued by NFTs. (They can be pretty fun.) Maybe you’ve even felt the urge to buy a piece of digital art, only to give up once all the talk of wallets, blockchain transactions, gas fees, and digital ownership restrictions made the experience feel too daunting. And the NFT world ice Daunting! Especially for … Read more

The Rise and Fall of a Bitcoin Mining Sensation

It was 8:45 in the morning of June 13 when Bill Stewart, the CEO of Maine-based bitcoin mining business Dynamics Mining, received a call from one of his employees. “He’s like, ‘Every machine inside of our facility in Brunswick [​​in Cumberland County, Maine] has been taken,’” Stewart says. “That’s crazy. I couldn’t believe it.” He … Read more

Bitcoin Fog Case Could Put Cryptocurrency Tracing on Trial

If the prosecution doesn’t produce clear evidence as Sterlingov’s case unfolds, it may have to rely on the more indirect digital connections between Sterlingov and Bitcoin Fog that it describes in the statement of facts assembled by the IRS’s criminal investigations division, much of which was based on cryptocurrency tracing techniques. That statement shows a … Read more