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New York Man Pleads Guilty in Crypto-Fueled $25M Money Laundering Case

New York Man Pleads Guilty in Crypto-Fueled M Money Laundering CaseThe U.S. Attorney’s Office and the FBI announced on Friday that Yanbing Chen, a 30-year-old from Brooklyn, N.Y., pleaded guilty to his involvement in an international money laundering and drug trafficking conspiracy. The organization, led by Jin Hua Zhang of Staten Island, laundered over $25 million in drug proceeds and illegal funds. Chen delivered $50,000 […]

Binance Labs rebrands, dives into AI as CZ returns as mentor

Fidelity’s New 401(k) Product Lets Workers Add Up to 20% in Bitcoin to Their Retirement Plans

Fidelity’s New 401(k) Product Lets Workers Add Up to 20% in Bitcoin to Their Retirement PlansThe multinational financial services corporation based in Boston, Fidelity Investments, has revealed the firm is allowing people to add bitcoin into their 401(k) plan as long as the employer allows it. According to Fidelity’s head of workplace retirement offerings, the company has seen “growing interest from plan sponsors” that wanted to add bitcoin to retirement […]

Binance Labs rebrands, dives into AI as CZ returns as mentor

Mandates Ban Unvaccinated From Visiting Banks in Multiple Countries, Australian Premier Says ‘There’s Going to Be a Vaccinated Economy’

Mandates Ban Unvaccinated From Visiting Banks in Multiple Countries, Australian Premier Says ‘There’s Going to Be a Vaccinated Economy’Over the last few weeks, furious debates over Covid-19 and vaccine mandates have divided people into two classes. On December 21, one individual from Argentina explained in a forum that “banks in Argentina are not letting unvaccinated people inside.” The person said that whether people are for or against vaccines, the mandate was “nuts” and […]

Binance Labs rebrands, dives into AI as CZ returns as mentor

Fidelity’s Crypto Branch to Increase Staff by 70%, President Sees ‘More Interest in Ether’

Fidelity’s Crypto Branch to Increase Staff by 70%, President Sees ‘More Interest in Ether’According to Tom Jessop, president of Fidelity Digital Assets, the company is planning to increase staff by 70% because demand for cryptocurrencies continues to keep the firm busy. Fidelity Digital Assets, the subsidiary of the wealth management firm Fidelity Investments Inc., has also seen a significant amount of demand for ethereum. Crypto Demand Pushes Fidelity […]

Binance Labs rebrands, dives into AI as CZ returns as mentor

Circle to Go Public via Bob Diamond-Backed SPAC Deal — Boston Firm Valued at $4.5 Billion

Circle to Go Public via Bob Diamond-Backed SPAC Deal — Boston Firm Valued at .5 BillionThe Boston-based crypto financial company Circle has announced the firm plans to go public this year in a merger with Concord Acquisition Corp. Circle revealed the news on Thursday and noted that the company expects to close the deal in Q4 with a valuation of $4.5 billion. Circle Announces SPAC Deal With Plans to Go […]

Binance Labs rebrands, dives into AI as CZ returns as mentor

Crypto Analytics Firm Coin Metrics Raises $15 Million, Goldman Sachs Leads Funding Round

Crypto Analytics Firm Coin Metrics Raises  Million, Goldman Sachs Leads Funding RoundOn May 5, the cryptocurrency data and analytics provider Coin Metrics announced the firm has raised $15 million in Series B financing round. The funding was led by Goldman Sachs and a number of other venture firms, as digital currency data has become a hot commodity in recent times. Digital Currency Data and Analytics Firm […]

Binance Labs rebrands, dives into AI as CZ returns as mentor