Author: Cointelegraph by Adrian Zmudzinski

Sam “SBF” Bankman-Fried, the disgraced co-founder of collapsed cryptocurrency exchange FTX, to a low-security US federal correctional institution Bankman-Fried was moved to the low-security Terminal Island federal correctional institution. Previously, he was located at the Victorville medium-security facility, a notoriously violent place, according to prison consultant firm Elizabeth Franklin-Best. Samuel Goldfaden, a partner at the…
Read more

Michael Saylor, the CEO of top corporate Bitcoin holder Strategy (formerly MicroStrategy), expressed support for newly appointed US Securities and Exchange Commission (SEC) Chair Paul Atkins. In an April 23 X post, Saylor wrote that “SEC Chairman Paul Atkins will be good for Bitcoin.” The statement follows Atkins’ swearing-in as the 34th chairman of the SEC…
Read more

Oregon Attorney General Dan Rayfield’s lawsuit against Coinbase argues that XRP and other digital assets are unregistered securities. Rayield sued US-based, publicly traded crypto exchange Coinbase for allegedly violating Oregon’s securities law. In an April 18 announcement, the Oregon Department of Justice said the suit was part of an effort to fill what it described…
Read more

US-based publicly traded crypto exchange Coinbase confirmed that it is considering applying for a US federal bank charter. In a statement sent to Cointelegraph, Coinbase said it is considering pursuing a US federal bank charter, according to a company spokesperson. “This is something Coinbase is actively considering but has not made any formal decisions yet,”…
Read more

Pseudonymous Bitcoin stock-to-flow (S2F) model creator PlanB attacked Ethereum and mocked the project’s co-founder, Vitalik Buterin. PlanB mockingly reposted a June 2022 X post by Buterin in which the Ethereum co-founder said S2F “is really not looking good now.” PlanB responded with a new posting stating, “Ethereum is really not looking good now.” Source: PlanB…
Read more

Major cryptocurrency firms, including stablecoin issuer Circle and crypto custodian BitGo, are reportedly considering applying for bank charters or licenses. According to an April 21 Wall Street Journal report citing people familiar with the matter, Circle, BitGo and other firms are considering applying for some form of banking license. Other firms cited include the publicly…
Read more

Early cypherpunk Adam Back, cited by Satoshi Nakamoto in the Bitcoin white paper, suggested that quantum computing pressure may reveal whether the blockchain’s pseudonymous creator is alive. During an interview after a Q&A session at the “Satoshi Spritz” event in Turin on April 18, Back suggested that quantum computing may force Nakamoto to move their…
Read more

Hong Kong-based crypto investment firm HashKey Capital announced the launch of an XRP fund, with plans to convert it into an exchange-traded fund (ETF) in the future. According to an April 18 announcement, the fund, officially titled the HashKey XRP Tracker Fund, is reportedly “the first investment fund in Asia designed to track the performance…
Read more

A monthly market review by publicly traded US-based crypto exchange Coinbase shows that while the crypto market has contracted, it appears to be gearing up for a better quarter. According to Coinbase’s April 15 monthly outlook for institutional investors, the altcoin market cap shrank by 41% from its December 2024 highs of $1.6 trillion to…
Read more

Seychelles-based cryptocurrency exchange OKX announced that it is reentering the US market. According to an April 16 blog post, OKX will return to the United States market along with the appointment of former Barclays director Roshan Robert as its US CEO. Robert said in the post: “Today, I’m thrilled to announce the launch of OKX’s…
Read more