Binance’s founder, known to crypto followers as CZ, is spending the summer in Santa Barbara’s Lompoc minimum security prison. As crypto markets climb, Forbes reveals the secretive source of his ballooning billions.
Ed Craven and Bijan Tehrani parlayed Stake’s success into launching a streaming platform, sponsoring an F1 team—and billion-dollar fortunes.
The price of bitcoin surged to an all-time-high in March this year – and it’s expected to rise again as the cryptocurrency approaches its halving event in April.
The cryptocurrency climbed to a record high last month amid a months-long rally.
Prosecutors initially recommended a 40- to 50-year prison sentence for Bankman-Fried.
More than half-a-billion dollars worth of cryptocurrency has been stolen year-to-date, data from AltIndex.com has found.
More friendly market conditions and the launch of spot bitcoin ETFs have propelled bitcoin prices to triple over the last 16 months.
Former hedge fund star and unabashed digital asset evangelist, Mike Novogratz, believes traditional finance will drive bitcoin’s next evolution. He also rails against outdated regulations, Baby Boomers and America’s obesity problem.
Never mind the recent rally, for a decade the crypto industry has been selling the promise of decentralisation, a new financial system without middlemen, but many blockchain projects have recreated the very elements they tried to overthrow, and regulators are adamant about keeping the status quo.
Investors no longer have to go through a crypto-focused exchange to directly invest in bitcoin.