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Latest from Sebastian Sinclair
US Regulator to Shake Up Banking With Federal Charters for Payment Firms
Acting Comptroller of Currency (and former Coinbase exec) Brian Brooks is spearheading the move to let payment firms operate as banks across state lines.
First Mover: Huobi Takes On OKEx in Futures, Opening New Front in ‘Chinese’ Rivalry
Huobi is taking on OKEx in the business of bitcoin futures trading, opening a new front in the ongoing rivalry between the two Chinese-led exchanges.
Someone Just Lost $16M in Bitcoin by Using a Malicious Install of the Electrum Wallet
An Electrum wallet user claims to have lost a fortune in bitcoin after installing an older version of the software from a malicious source.
DeFi Is a 'Complete Scam,' Says Controversial Entrepreneur Craig Wright
nChain Chief Scientist Craig Wright has delivered an obscenity-laden interview discussing decentralized finance and stablecoins, calling such projects a "complete scam" and "illegal."
Cryptocurrency Earned From Carrying Out Microtasks Is Taxable, Says IRS Memo
The U.S. tax department has provided guidance around crypto revenue earned from microtasks via crowdsourcing platforms and, yes, such income is taxable.
DeFi Studio Framework Labs Leaves Stealth Mode With $8M in Seed Funding
Framework Labs says it's already playing a key role in projects including Uniswap and Chainlink.
First Mover: Monetary Challenges Aren't Just Virtual as Fed's Powell Returns to Jackson Hole
Crypto traders are prepping for a speech by Federal Reserve Chair Jerome Powell in Jackson Hole, Wyoming, where inflation is on the agenda.
Libra Taps Ex-Homeland Security General Counsel as New Legal Chief
The new general counsel is Libra's second in just three months.
New Zealand Stock Exchange Hit Repeatedly by Cybercriminals Demanding Bitcoin
NZX has halted trading for the third day in a row as a result of cybercriminals attempting to extort cryptocurrency.
NYSE Can Allow Firms to Raise Funding Through Direct Listings, Says SEC
The New York Stock Exchange may now allow some companies to raise capital via direct listings rather than IPOs.
