Reddit cofounder Alexis Ohanian paid only $15,000 for ether worth $80 million today - and has made $50 million on the crypto and Coinbase stock

Tech Insider : Crypto
Alexis Ohanian
Alexis Ohanian.

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The SEC's crypto crackdown is escalating as it goes after the Winklevoss twins' firm over 'unregistered securities.' Here's what they are.

Tech Insider : Crypto
Gary Gensler SEC Chair Securities and Exchange Commission
Gary Gensler became chair of the SEC in April.

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Cathie Wood's Ark Invest snapped up $35 million of Shopify stock as the e-commerce company suffered one of its worst-ever trading days

Tech Insider
Cathie Wood Ark
Cathie Wood's Ark Innovation ETF has slumped in 2022.

David Swanson/Reuters

SEC steps up its crypto crackdown with proposed tough rules that could block investment advisors from holding such assets

Tech Insider : Crypto
SEC Chair Gary Gensler
Gensler signaled this year that the SEC should modernize its rules regulating fixed income markets. markets.

Evelyn Hockstein/Associated Press

Cathie Wood's Ark Invest snatches up $9.2 million of Coinbase stock after the crypto exchange's massive January rally

Tech Insider
Cathie Wood
Cathie Wood speaks on a panel at Miami's Bitcoin 2022 conference.

Rebecca Blackwell/AP Photo

The artificial intelligence war has Wall Street in a frenzy over Google, Microsoft, and anything related to bots

Tech Insider

Happy Monday, readers. I'm Phil Rosen, reporting from New York City. 

In case you missed it, last week Microsoft held an event that had the buzz of a Steve Jobs iPhone launch.

Last Year's Super Bowl Ads for Crypto Promised Everything and Delivered Nothing

Gizmodo

“Crypto? Oh, that’s right, cryptocurrencies. Those fake digital coins, right? I remember seeing them at last year’s Super Bowl. Larry David was in one. I thought that commercial was pretty funny. Say, how is that whole crypto thing doing?”

Anthony Scaramucci, Coinbase boss Brian Armstrong and other crypto bigwigs are raging about the 'lazy' SEC's crackdown on Kraken's staking service. Here's what 9 luminaries have to say.

Tech Insider : Crypto
Kraken
Kraken got slammed with a $30 million fine from the SEC on Thursday over its crypto "staking" product.

Dado Ruvic/Reuters

Coinbase CEO points to rumors that the SEC could ban this popular crypto income-generating technique for US retail investors

Tech Insider
brian armstrong coinbase

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Former Coinbase staffer pleads guilty to insider trading in landmark cryptocurrency case, weeks after brother sentenced

Tech Insider : Crypto
Coinbase man shadow
Coinbase announced last week that it plans to rescind job offers and freeze hiring indefinitely.

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