Founder of Binance Worlds Largest Crypto Firm Sentenced to Four Months
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Grayscale CEO Michael Sonnenshein stepped down after a decadelong career helping to build the company into the world's largest crypto asset manager.
Grayscale CEO Michael Sonnenshein stepped down after a decadelong career helping to build the company into the world’s largest crypto asset manager.The Wall Street Journal - World -
Wanted: Japanese firms’ policy advice on AI, trade and crypto
Legal expertise based on experience in government and industry is in demand to help shape regulationFinancial Times - World - Japan -
Crypto Venture Firm New Form Aims to Raise $100 Million Fund
Crypto and blockchain-focused venture firm New Form Capital is returning to the fundraising market, seeking to raise a $100 million fund in the latest sign investors remain bullish on the once-beleaguered crypto sector.The Wall Street Journal - World - Crypto -
U.S. Natural Gas Futures Relent After String of Gains
U.S. natural gas futures snapped a four-session winning streak, pulling back from a four-month high.The Wall Street Journal - World -
Fed’s $7.3 trillion balance sheet is worrying the world’s largest asset manager. Here’s why.
Any moves to shorten the Federal Reserve’s asset holdings could potentially trigger a backlash in markets.MarketWatch - Business -
Elon Musk launches Starlink satellite internet service in Indonesia, world's largest archipelago
The billionaire arrived by private jet on the idyllic “island of the gods.”ABC News - Tech - Elon Musk -
Four minors found working at Alabama poultry plant run by same firm found responsible for Mississippi teen's death
Four minors were allegedly found working at an Alabama slaughterhouse run by the same firm found responsible for the death of a Mississippi 16-year-old in 2023.NBC News - Top stories -
The Crypto Comeback
The fate of Sam Bankman-Fried’s FTX, and what it says about the improbable resurgence of cryptocurrencies.The New York Times - Top stories - Crypto -
Nvidia co-founder Curtis Priem made a gift of more than $75 million to Rensselaer Polytechnic to provide the Troy, N.Y., school with quantum-computing services, a first for a university campus anywhere in the world.
Nvidia co-founder Curtis Priem made a gift of more than $75 million to Rensselaer Polytechnic to provide the Troy, N.Y., school with quantum-computing services, a first for a university campus anywhere in the world.The Wall Street Journal - World -
Binance executive denied bail in Nigeria over money laundering charges
Tigran Gambaryan faces allegations of ‘serious criminality’ on behalf of world’s largest cryptocurrency exchange. A Nigerian court has ruled that Tigran Gambaryan, the Binance executive detained on charges of tax evasion and money laundering, can ...The Guardian - World - Nigeria -
Binance Gets Two Compliance Monitors in Settlements With U.S. Authorities
Consultant Forensic Risk Alliance and law firm Sullivan & Cromwell have been selected as outside monitors as part of the crypto exchange’s $4.3 billion settlements with U.S. regulators.The Wall Street Journal - World -
The Night That Sotheby’s Was Crypto-Punked
The auction that was supposed to be an art world coming-out party for NFTs instead exposed the instability at the heart of the crypto world.The New York Times - Business -
Firm Retention Summary: Ambri
This is a summary of a request from Ambri to hire Goodwin Procter as restructuring counsel, filed May 9 with the U.S. Bankruptcy Court in Delaware.The Wall Street Journal - World -
Crypto Takes Aim at 2024 Elections
Coinbase, Kraken and others are fighting for survival after a regulatory crackdown.The Wall Street Journal - World - Crypto -
The rise and fall of Canada's 'Crypto King' Aiden Pleterski
Yahoo News - World -
Head of crypto asset manager Grayscale steps down
New York investment firm turns to a former Goldman executive to replace Michael Sonnenshein as chief executiveFinancial Times - Business - Crypto -
Dow Edges Higher With Retail Earnings in Focus
Stock indexes were mixed, with the Dow inching higher after retreating from the 40000 mark on Monday.The Wall Street Journal - World -
Crypto Astrologers See Price Moves in the Stars
They predict the ups and downs of Bitcoin based on planetary movements, and their super-secretive clientele listens.Wired - Tech - Crypto -
Paul Pelosi attacker sentenced to 30 years
Nancy Pelosi has not discussed the attack with her husband, whose skull was fractured with a hammer.BBC News - Top stories -
Paul Pelosi's Attacker Receives 30-Year Sentence
David DePape was found guilty on federal charges in the assault of Nancy Pelosi’s husband and attempted kidnapping of the former House speaker.The Wall Street Journal - World -
Paul Pelosi attacker sentenced to 30 years in prison
David DePape, the man convicted of attacking former House Speaker Nancy Pelosi's husband with a hammer inside their San Francisco home in 2022, was sentenced to 30 years in prison on Friday. CBS News congressional correspondent Scott MacFarlane ...CBS News - Top stories -
Didi co-founder steps down as president
Jean Liu had lowered her profile after Beijing crackdownFinancial Times - World -
Trial to Begin for Ozy Founder Carlos Watson
Mr. Watson’s lawyer has argued that many other media leaders lured investors with “puffing and bluffing,” and that Mr. Watson is being singled out because he is Black.The New York Times - Business -
The Paperless Post Founders Changed How We Party
When James and Alexa Hirschfeld started Paperless Post 15 years ago, some saw its digital invitations as a fad. Instead, they have become a fixture of events and have spawned imitators.The New York Times - Business -
Davos forum founder Klaus Schwab to step down
Founder turned the World Economic Forum into a must-attend conference and a €500mn businessFinancial Times - World -
Water firm 'fallen short' on parasite outbreak
Susan Davy says South West Water will "not stop working until the situation has been resolved".BBC News - Top stories -
Water firm criticised over 'scary' outbreak
A caretaker from Brixham says it is "probably the worst ailment" he has had in his adult life.BBC News - Top stories -
Water firm's response to outbreak contemptible - MP
South West Water says some 16,000 homes and firms are affected but it is clearing the contamination.BBC News - Top stories -
Chinese Firms Face Authoritarianism at Home and Hostility Abroad
The experience of TikTok’s owner, ByteDance, in Beijing and Washington shows how much the ground has shifted for China’s entrepreneurs.The New York Times - Business -
Villarreal striker nets four in draw with Madrid
Alexander Sorloth struck four times in 17 minutes to help his side fight back and snatch a 4-4 home draw against champions Real Madrid on Sunday.ESPN - Sports - NBA -
U.K.’s largest property developer says office tap-ins up 18%
Higher interest rates knocked £625 million off the value of Landsec’s office portfolioMarketWatch - Business -
America's largest LGBTQ rights group plans $15 million swing state blitz to re-elect Biden
The Human Rights Campaign, the LGBTQ rights group, is launching a $15 million commitment to help President Joe Biden defeat Donald Trump in the 2024 elections.NBC News - Top stories - Joe Biden -
This Pride Month, Companies Must Decide: Are They Truly Committed?
Despite the recent DEI backlash, many companies are moving forward with Pride Month celebrations. Here are three tips for honoring the occasion.Inc. - Business -
US warns of possible Pride Month attacks worldwide
The warning comes one week after a similar alert from the FBI and Department of Homeland Security.BBC News - Top stories -
Kingdom Hearts Series Will Arrive On Steam Next Month
Square Enix has announced that the Kingdom Hearts franchise will finally come to Steam. The full Dark Seeker Saga starring Sora, Donald, and Goofy will come to Valve's storefront on June 13--which is less than a month away.Previously, the Kingdom ...GameSpot - Tech -
What's News: World-Wide
What’s News: World-WideThe Wall Street Journal - World -
What's News: World-Wide
What’s News: World-WideThe Wall Street Journal - World -
MIT-educated brothers accused of stealing $25M in crypto in 12 seconds
The 12-second execution of the alleged theft took months to plan, federal prosecutors said.CBS News - Politics -
New York crypto personality used 'Seinfeld' joke in fraud, feds reveal
A New York man pleaded guilty to swindling people out of more that $1 million in a scheme that referenced the "Seinfeld" character George Costanza.CNBC - Business - New York -
Crypto Lender Genesis Global Gets Wind-Down Plan Approved
A bankruptcy judge approved a chapter 11 wind-down plan for Genesis that will pay back creditors about 77% of the same digital assets that they lent to the cryptocurrency lender before its bankruptcy filing.The Wall Street Journal - World - Crypto