SEC suit against crypto exchanges is latest effort to regulate a largely unregulated industry

Jan 13, 2023
The Securities and Exchange Commission is suing Gemini Trust Company and Genesis Global Capital for selling allegedly unregistered securities.
Absent more comprehensive regulations, the Securities and Exchange Commission is enforcing laws not specifically designed for crypto.
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Crypto mining hits a (very) rough patch

Jan 13, 2023
The fall in the price of bitcoin combined with a surge in energy prices have made this a tough year for businesses that mine crypto.
Above, fans cool servers at a bitcoin mining facility in New York. Surges in energy prices have boosted the costs associated with bictoin mining.
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Can crypto restore its credibility?

Dec 13, 2022
Despite a raft of prosecutions and losses to investors in the billions, some say the industry has what it takes to find its feet.
Sam Bankman-Fried in 2021. The former FTX CEO was arrested in the Bahamas on behalf of the U.S., where federal prosecutors have indicted him for fraud and conspiracy.
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As crypto chaos continues, the next generation of hires is having doubts

Nov 30, 2022
"Interest in the crypto space, generally speaking, tends to track the price of bitcoin," a UCLA professor says of his computer science students.
Soon-to-be hires are rethinking pursuing jobs at crypto companies.
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FTX debacle worsens crypto's trust issues

Nov 21, 2022
The industry is trying to distance itself from the collapsed exchange. Can it?
Crypto skeptics and enthusiasts agree that the failure of crypto exchange FTX is an inflection point for the industry.
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When it comes to crypto, it's buyer beware

Nov 11, 2022
The Consumer Financial Protection Bureau (CFPB) has released a new bulletin of consumer complaints about crypto.
The Consumer Financial Protection Bureau has received more than 8,000 complaints about crypto in the past four years.
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Crypto exchange Binance walks away from FTX deal

Nov 9, 2022
Binance cited a due-diligence check, saying the issues at FTX were "beyond our control or ability to help."
When FTX hit a liquidity crunch, users pulled out money and crypto at once. And rival exchange Binance announced Wednesday that it wouldn't be bailing out FTX.
Olivier Douliery/AFP via Getty Images

For public good, not for profit.

What message is the SEC sending about celebrity crypto endorsements with Kim Kardashian fine?

Oct 4, 2022
The fine aside, crypto companies have less money these days to advertise.
Kim Kardashian has to pay $1.26 million to the Securities and Exchange Commission.
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With "the merge," ethereum tries to set a greener example for crypto

Sep 15, 2022
The Ethereum Foundation says the massive software upgrade means validating transactions will require 99.95% less energy than before.
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Sanctions and strong ruble challenge Russia's crypto mining industry

Aug 9, 2022
A cold climate and cheap energy have made Russia a destination for bitcoin mining. But new factors confront its cryptocurrency efforts.
The strength of the Russian ruble has made it costly to mine cryptocurrency there. Above, a bitcoin mining center in Kirishi, Russia.
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