Crypto ETFs won’t lose ‘their luster’ as wallet adoption grows — Cathie Wood

ARK Invest CEO Cathie Wood says crypto exchange-traded funds (ETFs) will likely maintain their place in the economy no matter how big crypto wallet adoption becomes over the next decade. “I think ETFs are an important stepping stone because, you know, wallets seem so complicated, so much friction for consumers, they just wanna push a … Read more

Durov blocked from attending Oslo Freedom Forum — Human Rights Foundation

Telegram co-founder Pavel Durov will not be physically attending the Oslo Freedom Forum in Oslo, Norway, after French courts denied his request to travel to the Scandinavian country. According to an announcement from the Human Rights Foundation (HRF) — a non-profit organization that advocates for universal human rights and individual liberty, and the host of … Read more

Industry exec sounds alarm on Ledger phishing letter delivered by USPS

Scammers posing as Ledger, a hardware wallet manufacturer, are sending physical letters to crypto users instructing them to “validate” their wallets or risk losing access to funds, in the latest phishing attack to impact the industry. BitGo CEO Mike Belshe shared a picture of the scam letter, which featured a QR code, presumably linked to … Read more

Judge Overturns Convictions in Mango Markets Exploiter’s Crypto Fraud Case

A U.S. judge has overturned the fraud and market manipulation convictions of Avraham Eisenberg, the crypto trader accused of draining $110 million from the now-defunct decentralized finance protocol Mango Markets. On Friday, U.S. District Judge Arun Subramanian ruled that prosecutors failed to prove Eisenberg made false representations to the platform. He also moved to acquit … Read more