Financial News

If approved, the legislation would place crypto assets held by Brazilians overseas subject to the same tax rules governing traditional assets.

NEW YORK (AP) — FTX founder Sam Bankman-Fried left a federal courtroom in handcuffs Friday when a judge revoked his bail after concluding that the fallen cryptocurrency wiz had repeatedly tried to influence witnesses against him.

U.S. District Judge Lewis A. Kaplan ordered Bankman-Fried's bail revoked after prosecutors said he'd tried to harass a key witness in his fraud case last month.

ARK Investment Management founder and CEO Cathie Wood predicted on Aug. 7 the SEC would delay its decision on the firm’s spot BTC ETF application.

Visa says managing ether (ETH) balance to cover gas fees is “burdensome” and too complex, according to a blog post.

The fallen FTX founder didn’t just violate his bail — he violated the trust of his family’s last remaining allies.

A grayed-out "airdrop" icon at the top of the Friend.Tech app suggests the platform will release a token.

The latest price moves in bitcoin (BTC) and crypto markets in context for August 2, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Investors are likely indifferent to which stablecoins they hold as long as they are perceived as safe and accessible on the largest trading platforms, the report said.

An inverse head-and-shoulders pattern, one of the most trusted indicators known to presage major price rallies, is building in the altcoin market.

The tokens were up as much as 5% in the past 24 hours, bucking a market-wide trend.

The California Fair Political Practices Commission has released disclosure requirements for cryptocurrency contributions to political candidates and committees.