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Treasury Pick Janet Yellen: Cryptocurrency Crime of 'Particular Concern'
In her Senate confirmation hearing on Tuesday, Janet Yellen—President-elect Joe Biden’s pick for Secretary of the Treasury—said that “cryptocurrencies are of particular concern” for their ro...

Biden's Treasury Secretary nominee calls cryptocurrencies a 'particular concern' for AML
Janet Yellen claimed many cryptocurrencies are used "mainly for illicit financing."...

Ethereum 2.0 closes in on $4B value locked as stakers commit over 2% of supply
Ethereum is now the third largest blockchain by stake committed, and has plenty of room to grow. ...

Pro traders go short as overbought derivatives propel Ethereum’s new high
Pro traders opened large short positions and derivatives data are flashing red flags after Ethereum price soared to a new all-time high. ...

Cinedigm Acquires Fandor, Plans to Reboot Indie-Film Streaming Service
Cinedigm continues its rollup of niche streaming brands: The company has acquired the assets of Fandor, a subscription-streaming service with a catalog of 4,600 films that has been in hibernation mo...

Crypto Ransomware Payments Grew 311% in 2020: Chainalysis
New data suggests that crypto payments associated with ransomware—a kind of malware geared toward extortion—were on the rise in 2020. In a newly published excerpt of its annual Crypto Crime Report...

Coinbase IPO: Everything You Need To Know
In December 2020, cryptocurrency exchange Coinbase submitted a draft registration for an Initial Public Offering (IPO) to the US Securities and Exchange Commission (SEC). Should the SEC approve the fi...

Major labels gave evidence to the UK’s music streaming economics inquiry
Direct vs. collective licensing for streaming at issue...

Study: Time Spent With Ad-Supported Media Hits All-Time Low
The time spent by the average global citizen rose 2.8% to 53 hours weekly, according to a new forecast. But given a corresponding erosion in ad spending, coupled with greater adoption of subscription ...

US asks Australia to ditch plan to make Facebook, Google share ad revenue
The US government is asking Australia to abandon a proposed law that would force Facebook and Google to pay local media firms a cut of the advertising revenue they rake in when using their content. Am...

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