Serbian Man Extradited to US After Being Indicted In $70 Million Crypto Fraud

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The scheme allegedly included offering bitcoin at “half market price.”

via CoinDesk https://www.coindesk.com/serbian-man-extradited-to-us-after-being-indicted-in-70-million-crypto-fraud

Digital Gold: How Should Financial Advisors Be Thinking About Bitcoin?

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Is Bitcoin digital gold? In this episode of ‘On Purpose, With Tyrone Ross,’ we dig into bitcoin narratives as financial advisors see them and explore the concept of bitcoin as a store of value.

via CoinDesk https://www.coindesk.com/podcasts/markets-daily/digital-gold-bitcoin-tyrone-ross

Bill Miller-Run $2.25B Fund May Buy GBTC to Gain Bitcoin Exposure of Up to 15%

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The fund noted that it would not expose more than 15% of its $2.25 billion in assets to bitcoin.

via CoinDesk https://www.coindesk.com/bill-miller-run-2-25b-fund-may-buy-gbtc-to-gain-bitcoin-exposure-of-up-to-15

Bitcoin Back Above $40K as Institutions Lead the Way

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BTC is back within striking distance of its all-time high set early last month.

via CoinDesk https://www.coindesk.com/bitcoin-back-above-40k-as-institutions-lead-the-way

A Bitcoiner Is Now on the Senate Banking Committee

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Wyoming’s Cynthia Lummis – the first U.S. senator to publicly hold bitcoin – has been appointed to the key financial regulatory committee.

via CoinDesk https://www.coindesk.com/podcasts/coindesk-podcast-network/bitcoiner-cynthia-lummis-senate-banking-committee

Unlike the Early Web, Crypto Does Not Need State Patronage

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Blockchain doesn't need ARPANET-type government support. But co-ordination and collective action are vital to avoid duplication of effort.

via CoinDesk https://www.coindesk.com/unlike-the-early-web-crypto-does-not-need-state-patronage

Blockchain Bites: The Weird and Wonderful in Crypto This Week

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Also: Ether is jumping off, taking DeFi tokens with it.

via CoinDesk https://www.coindesk.com/blockchain-bites-weird-wonderful-crypto-this-week