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Niamh Rowe

Niamh Rowe

The Daily Beast

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DOJ seeks 3-year sentence—double federal guidelines—for Binance’s Changpeng Zhao

Prosecutors said 36 months would be an appropriate term given the Binance founder's "willful violation of U.S. law and its consequences."

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Fortune

Niamh Rowe

Following ‘halving,’ Bitcoin makes slight gains as shares of crypto-linked firms soar

Bitcoin is up less than 4% since the halving, but related stock prices are seeing bigger gains.

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Fortune

Niamh Rowe

AI startup Prime Intellect raises $5.5M to build high-powered, decentralized research platform

Prime Intellect announced a seed raise to help launch a decentralized platform on which researchers can collaborate and build open-source AI models.

yesterday 20

Fortune

Niamh Rowe

Don’t call it a stablecoin: How did a ‘synthetic dollar’ generate a yield of 113%?

DEK: Tokenizing the cash-and-carry trade, Ethena is turning heads in the crypto market. But some worry its risks are being overlooked amid the latest...

19.04.2024 7

Fortune

Niamh Rowe

Venture capital continues Web3 retreat, but Q1 hints at a changing tide

Web3 startups raised just short of $1.9 billion across 346 deals, according to new data, a 58% increase from Q3 2024.

18.04.2024 9

Fortune

Niamh Rowe

Worldcoin, Sam Altman’s eye-scanning crypto project, announces its own blockchain 

The blockchain will be deeply entwined with the Worldcoin protocol and is aimed at accelerating adoption of World ID.

17.04.2024 10

Fortune

Niamh Rowe

Bitcoin struggles to regain momentum after weekend wipeout erased more than 10%

Since Bitcoin’s sudden tumble on Saturday, the original cryptocurrency has been hovering near $62,000.

16.04.2024 4

Fortune

Niamh Rowe

Lacking access to mainland Chinese investors, Hong Kong’s crypto ETFs will be ‘nickels and dimes’ compared with U.S. versions

Hong Kong’s ETF market is worth about $50 billion, compared with $8.87 trillion in the U.S.

16.04.2024 10

Fortune

Niamh Rowe

Buying crypto for your kids? Here’s how to ensure they get it when when you pass on

Don’t let lost keys or blockchain blackholes become your legacy.

11.04.2024 10

Fortune

Niamh Rowe

‘The kids are not all right’: Gen Zers and millennials are as likely to own crypto as real estate

A survey found that about one-fifth of younger generations own digital assets—about the same portion as who own real estate—and that they're also...

10.04.2024 8

Fortune

Niamh Rowe

Mezo, a Bitcoin L2 that lets HODLers earn yield, debuts after $21 million Series A led by Pantera

Mezo takes HODLers' otherwise passive Bitcoin holdings and “puts them to work,” the company said.

09.04.2024 30

Fortune

Niamh Rowe

FTX just sold nearly $2 billion of SOL at a steep discount. Here’s what that means for creditors

The bankrupt crypto exchange FTX has reportedly sold about two-thirds of its $2.6 billion in Solana tokens.

05.04.2024 3

Fortune

Niamh Rowe

DeFi developers behind crypto exchange Phoenix close $20 million Series A round

Led by Paradigm, Ellipsis Labs today announced $20 million in Series A funding to accelerate Phoenix, its decentralized spot exchange.

04.04.2024 10

Fortune

Niamh Rowe

‘We’re not believers’: Goldman Sachs doubles down on crypto skepticism despite Wall Street embracing Bitcoin ETFs

“We do not think [crypto] is an investment asset class," Sharmin Mossavar-Rahmani, chief investment officer of Goldman Sachs Wealth Management, said...

03.04.2024 3

Fortune

Niamh Rowe

Bitcoin drops 8% amid ETF outflows and Fed cut apprehension

Bitcoin has dropped 8% since Sunday night, as demand for spot exchange-traded funds slows, and hopes dwindle that the Federal Reserve will cut...

02.04.2024 2

Fortune

Niamh Rowe

XION, a blockchain from ‘BurntBanksy,’ announces $25 million in Series A funding

From parent company Burnt, XION offers developers a way to build "consumer-ready Web3 products from the ground up."

01.04.2024 6

Fortune

Niamh Rowe

Hedge funds that scooped up FTX bankruptcy claims are looking at 9-figure paydays. One investor shares how he could rake in $25 million

Meanwhile, hedge funds have bought over $2.3 billion worth of steeply discounted claims, and are expecting to be paid back in full.

29.03.2024 4

Fortune

Niamh Rowe

Even in his final hour, Sam Bankman-Fried insisted FTX was a crisis of liquidity—not outright fraud

In the moments before receiving his 25-year sentence, Sam Bankman-Fried was willing to admit responsibility for mismanagement but dodged any...

28.03.2024 7

Fortune

Niamh Rowe

Hive wants to use a $13 million Series A round to build a decentralized cloud: ‘It could be one of these big bets that could really work’

Hive wants to upcycle unused computing power globally to form a distributed cloud network.

27.03.2024 10

Fortune

Niamh Rowe

FTX creditors claim their ‘Sam Coins’ aren’t worthless—and are asking a bankruptcy judge to overrule the company’s own valuation

The trading value of "Sam Coins" has remained negligible since FTX's bankruptcy, but holders of the tokens want their money back.

26.03.2024 10

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Niamh Rowe

The U.S. is simplifying how to report crypto on your taxes in 2025. But what about this year?

As April 15 nears, here’s everything the U.S.-based crypto community needs to know about filing taxes.

26.03.2024 70

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Niamh Rowe

‘Gambling has not had its internet moment’: Crypto casino MyPrize valued at $140 million after latest raise

MyPrize wants to give players “a unified open platform that combines the best of online gaming and streaming."

26.03.2024 8

Fortune

Niamh Rowe

Bitcoin ETFs see record 3-day outflow as retail investors ‘dart in and out of positions’

The 10 trading spot Bitcoin ETFs just posted the largest three-day outflow since launching Jan. 11.

21.03.2024 30

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Niamh Rowe

Solana overtakes Ethereum on DEX volume amid memecoin ‘presale’ frenzy

Solana is now the top smart-contract blockchain by trading volume, surpassing Ethereum.

20.03.2024 6

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Niamh Rowe

Morph, an Ethereum layer-2 for app building, announces $19 million seed round

Morph, a layer-2 Ethereum Virtual Machine, just raised a $19 million seed round.

20.03.2024 10

Fortune

Niamh Rowe

The Bitcoin ‘halving’ will change crypto—again. Here’s everything you need to know

With the halving now weeks away, Fortune breaks down what it is and how it could affect Bitcoin’s price. 

19.03.2024 2

Fortune

Niamh Rowe

Bitcoin slumps toward $62,000 due to record GBTC outflows and Fed rate-cut waiting game

Bitcoin dipped to $62,483 on Tuesday morning, a drop of over 14% since its all-time high last week.

19.03.2024 20

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Niamh Rowe

Prosecutors recommend Sam Bankman-Fried serve up to 50 years in prison due to ‘the extraordinary dimensions of his crimes’

Federal prosecutors want Sam Bankman-Fried, the disgraced cofounder of FTX, to be sentenced to 40 to 50 years in prison.

15.03.2024 5

Fortune

Niamh Rowe

Spot Bitcoin ETFs have been a runaway hit. Would a similar Ether-based product be as warmly embraced by markets—and by regulators?

While hopefuls point to the January approval of spot Bitcoin BTC ETFs, others say Ether could face additional scrutiny and delays.

15.03.2024 10

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Niamh Rowe

Jack Dorsey-backed COPA tells court that Craig Wright ‘lied on an extraordinary scale’ about creating Bitcoin—and a U.K. judge has agreed

Craig Wright is not Satoshi Nakamoto, the pseudonymous author of the Bitcoin white paper, a U.K. judge has ruled.

14.03.2024 2

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Niamh Rowe

Joe Biden’s latest budge proposal calls for a 30% tax on crypto mining

U.S. President Joe Biden is pitching a variety of crypto related taxes and regulations, which he says could generate almost $10 billion next year.

14.03.2024 20

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Niamh Rowe

Ethereum’s fix for its gas fee problem is now live: What you need to know about the Dencun upgrade

On Wednesday morning, the Ethereum blockchain completed an upgrade called Dencun, the biggest change to the network’s code in over a year.

13.03.2024 3

Fortune

Niamh Rowe

Grayscale files to launch low-fee GBTC spin-off to help appease investors: ‘This is a way to throw them a bone’

Grayscale has filed to launch a low-fee GBTC alternative to attract new investors and appease disgruntled investors.

12.03.2024 10

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Niamh Rowe

Bitcoin soars past $72,000 to new all-time high as Coinbase shares climb to highest since 2021

Bitcoin broke $72,000 on Monday, surpassing its all-time high, while Coinbase shares climbed above its direct listing price on Friday.

11.03.2024 10

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Niamh Rowe

Smells like crypto: Binance drops perfume that blends ‘finance with fragrance’

The world's largest crypto exchange today unveils CRYPTO, its own luxury scent “blending finance with fragrance."

06.03.2024 2

Fortune

Niamh Rowe

Bitcoin just hit its all-time high. But that number remains up for debate

Why does Bitcoin have multiple reported all-time highs, as opposed to a universally agreed figure?

05.03.2024 3

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Niamh Rowe

Bitcoin breaks all-time high of $69,000 as investors flock to new spot ETFs

On Tuesday morning, Bitcoin, the original cryptocurrency, broke its all-time high price set in November 2021.

05.03.2024 2

Fortune

Niamh Rowe

Coinbase shrugs off site crash as shares of the top U.S. crypto exchange surge

Shares in Coinbase were up 14% on Monday, the biggest daily jump since January 2022, thanks to crypto's latest bull run.

05.03.2024 6

Fortune

Niamh Rowe

Trump memecoin nears $500 million market cap as MAGA frenzy collides with latest crypto boom

A Donald Trump-themed memecoin has surged more than 700% over the last month, reaching a market cap of almost $500 million.  

04.03.2024 3

Fortune

Niamh Rowe

Department of Energy drops emergency survey of Bitcoin miners after legal backlash

The federal government is scrapping its emergency survey of the Bitcoin mining industry’s power usage, following a lawsuit by Riot Platforms and the...

02.03.2024 4

Fortune

Niamh Rowe

Memecoins like Doge and Pepe are skyrocketing alongside Bitcoin—the latest sign the crypto bubble is back

Memecoins are making noise again, indicating a ripple effect of Bitcoin’s surge.

01.03.2024 6

Fortune

Niamh Rowe

Is Bitcoin due for a major correction? JPMorgan predicts drop to $42,000 after April halving

JPMorgan analysts predict that reduced miner rewards and doubling production costs will depress Bitcoin prices.

01.03.2024 4

Fortune

Niamh Rowe

Bitcoin will be ‘larger than gold’ thanks to baby boomers’ trillions, Galaxy CEO Mike Novogratz says

Investors will soon prefer trading digital gold to the real deal, says Mike Novogratz, CEO of Galaxy Digital.

29.02.2024 7

Fortune

Niamh Rowe

Morgan Stanley reportedly eyeing spot Bitcoin ETFs as demand shows no sign of slowing

The Wall Street behemoth is said to be performing due diligence on spot Bitcoin ETFs.

29.02.2024 5

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Niamh Rowe

Texas Bitcoin miner sues feds over energy survey: ‘We don’t want politics infecting data’

The EIA has agreed to voluntarily suspend its emergency survey of the energy used by 82 Bitcoin mining companies.

27.02.2024 7

Fortune

Niamh Rowe

Polygon veterans raise $27 million seed round for blockchain-scaling startup Avail

The future for scaling blockchains will be rollup-centric, according to Avail.

26.02.2024 6

Fortune

Niamh Rowe

Why Andreessen Horowitz is betting $100 million on crypto restaking

Restaking involves repurposing tokens that are deposited, or "staked," on a blockchain.

23.02.2024 2

Fortune

Niamh Rowe

Helius raises $9.5 million Series A round to expand platform for developers on Solana

Helius’ mission is to eliminate Solana’s complexities for developers, improving the entire network from the bottom up.

22.02.2024 7

Fortune

Niamh Rowe

‘Sam didn’t snitch on anyone’: First image of Bankman-Fried behind bars surfaces

The image, obtained by journalist Tiffany Fong, shows the FTX founder posing alongside inmates, rocking unkept hair and a slimmed-down physique.

20.02.2024 7

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Niamh Rowe

Ex-PayPal and Venmo vets launch Meso to connect crypto wallets with bank accounts, announce $9.5M seed round

The new payment platform brings digital assets and fiat currencies closer together.

20.02.2024 10

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Niamh Rowe

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