Bitcoin Miner Gryphon to Go Public Via All-Stock Merger With Cannabis Firm Akerna
Gryphon previously terminated plans to go public via a reverse merger with Sphere 3D.
Read MoreBlockFi’s $10M Staff Bonus Package Approved by NJ Bankruptcy Court Judge
Senior staff gained large pay rises as the crypto lender shed staff last year, shortly before it filed for bankruptcy
Read MoreWhite House Calls on Congress to ‘Step Up Its Efforts’ on Crypto Regulation
Officials in the Biden administration urged Congress on Friday to expand the authority of regulators to police the crypto industry.
Read MoreBanks Will Dominate Stablecoins, and 2 Other Predictions About the Future of Money
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Read MoreTech’s Money Woes: Beginning of the End for Web2?
Gloomy forecasts, mass layoffs and antitrust lawsuits have bruised “Big Tech” over the past year. But that doesn’t automatically portend the end of Web2. For Web3 to emerge, we have
Read MoreBored Ape Rapper’s NFT Mint Sells Out So Fast, Many Fans Left Mad, Empty-Handed
The mint, which opened Friday morning, closed minutes after the allowlist opened, raising questions from empty-handed fans as to whether or not it was a faulty drop.
Read MoreUK Man Sentenced to 4-1/2 Years in Jail for Stealing $2.5M in Crypto
Wybbo Wirsma, a Dutch native who lived in the U.K., was under investigation for five years until he pleaded guilty in an Oxford court on Thursday.
Read MoreCustodia Bank Denied Federal Reserve System Membership
The Federal Reserve Board has denied Custodia Bank’s application for membership, claiming the crypto-focused institution’s “novel business model and proposed focus on crypto-assets presented significant safety and soundness risks.”
Read MoreCrypto Custodian Prime Trust to Cease Operations in Texas at End of January
The firm withdrew its Texas Money Transmitter License application but says it intends to reapply “swiftly.”
Read MoreFirst Mover Americas: Aptos’ Token Surges to Record High
The latest price moves in bitcoin (BTC) and crypto markets in context for Jan. 26, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto
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