Prosecutors say Jonathan Spalletta exploited smart contract bugs twice in April 2021, laundering funds through Tornado Cash and spending proceeds on rare collectibles.
Investors looking to bet on tokenization should think in phases, with institution-friendly networks like Canton likely winning first and Avalanche, Ethereum capturing more upside later, Grayscale's Zach Pandl said.
The search giant set a corporate deadline to migrate all authentication services to quantum-resistant cryptography, validating the timeline Ethereum has been building toward for eight years. Bitcoin's response so far has been silence.
Members of the House and Senate asked the CFTC and federal ethics office to remind government employees it's illegal to make insider derivatives trades.
Margin feature is a departure from traditional prediction markets, which typically require fully collateralized positions, and comes as the industry sees growing trading volumes and investment.
Equity futures rallied and oil erased gains on the report, but the S&P 500 is on its longest losing streak since 2022 and MSCI Asia Pacific is heading for its worst month since 2008.
The first-quarter decline breaks a long-standing growth trend, but could ultimately support decentralization as public U.S. miners face losing dominance.
The broker said crypto equities trading at steep discounts are approaching a floor into weak first-quarter results, revising price targets on Coinbase, Robinhood and Figure.
The recent surge in oil and gas prices has driven up inflation expectations, causing markets to adjust their bets on Federal Reserve rate cuts, with traders now pricing in a near 40% chance of no rate cuts this year.
The gap between bitcoin's spot price and realized price is compressing toward levels that historically marked cycle bottoms, but the on-chain data shows the capitulation that typically precedes those bottoms hasn't happened.
The contracts are regulated by Brazil's securities regulator and designed for professional investors with at least 10 million reais ($1.9 million) in assets.
Investors looking to bet on tokenization should think in phases, with institution-friendly networks like Canton likely winning first and Avalanche, Ethereum capturing more upside later, Grayscale's Zach Pandl said.