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Prometheum Ember Capital LLC is the first broker-dealer with custody rights for digital assets securities approved by the Financial Industry Regulatory Authority (FINRA), an industry-funded oversight arm created by the SEC. Aaron Kaplan, a securities lawyer who is also the founder and co-CEO of parent company Prometheum Inc., discusses the path forward for crypto regulation in the U.S.

May 24, 2023

Last week, Ledger announced a service called Ledger Recover, which will allow users to store encrypted backups of their seed phrases with a set of three custodians. This was followed by harsh criticism from the crypto community. Ledger CEO and Chairman Pascal Gauthier said "the mistake was to release a technical note regarding the operating system, before we had actually released clear communication about the product."

May 24, 2023

Bitcoin slid under the $27,000 level, leading a broad decline in major cryptocurrencies. The largest cryptocurrency by market capitalization is also on pace to post its first losing month of 2023. "The Crypto Trader" author Glen Goodman shares his short term expectations for the cryptocurrency.

May 24, 2023

A recent court filing suggests that FTX CEO John J. Ray III is working on devising a reboot plan for the now-defunct crypto exchange FTX. Filings show that Ray spent 6.7 hours on items related to “2.0” which is thought to mean FTX 2.0, a reboot of the exchange. Laura Shin, "The Cryptopians" author and "Unchained" podcast host, reacts to these developments, saying "[he] simply has a duty to explore that option."

May 23, 2023

On-chain charitable funding platform Endaoment is partnering with Global Giving to grow its directory of nonprofits that will accept cryptocurrency. "Lots of nonprofits around the world don't have wallets and don't really have the infrastructure to set up wallets for themselves," said Robbie Heeger, president and CEO of Endaoment.

May 18, 2023

"If inflation continues to remain sticky, [Federal Reserve Chair Jerome Powell] is going to push us into a deeper recession than anyone wants to admit," Tactive Wealth Advisor Eddy Gifford said. Gifford also discusses the crypto market's reaction to recent U.S. monetary policy.

May 18, 2023

MakerDAO founder, Rune Christensen recently laid out plans to introduce a new stablecoin and governance token as part of the platform’s on-going revamp. Christensen joins "First Mover" to discuss how AI-assisted governance tools will be implemented, allowing token holders to summarize and verify governance rules and processes. "Ideally, it should almost feel like playing a game," Christensen said. "Participating in governance in a DAO should be sort of something that you want to do because it rewards you."

May 18, 2023

Following his testimony at a U.S. Senate hearing on artificial intelligence oversight Tuesday, New York University professor emeritus Gary Marcus discusses his thoughts on the potential global regulatory structure of AI. "I don't think that there's going to be 100% convergence, there's obviously going to be political compromises to be made and so forth," Marcus said.

May 17, 2023

Fresh off a $9 million funding round, Pudgy Penguins CEO Luca Netz discusses the road to mass adoption. "IP is going to be the trojan horse for really bringing hundreds of millions of people in to crypto and into Web3," Netz said.

May 17, 2023

Galaxy Digital CEO Mike Novogratz recently said he plans to move more of his company's operations off shore, due to the challenging regulatory climate in the United States. Galaxy Digital's global head of trading Jason Urban weighs in on the current regulatory climate, noting "this is a game inside of crypto that we've all known for a long time."

May 17, 2023