• It seems Crypto Dad Chris Giancarlo has actual children.
    People,  Regulation

    Chris Giancarlo joins law firm, stays active in crypto

    At Willkie Farr & Gallagher, the ‘Crypto Dad’ says he will be at the juncture of ‘financial markets, emerging technologies and law and public policy’

    J. Christopher Giancarlo, who resigned from the CFTC earlier this year, has landed at the swanky midtown Manhattan offices of leading law firm Willkie Farr & Gallagher. From his perch as Chairman of the Commodity Futures Trading Commission, Giancarlo was a forceful advocate for American cryptocurrency and blockchain innovation.

  • The Capitol's in for stormy weather if Bakkt CEO Kelly Loefflin to the Senate over the President's wishes (via Max Pixel).
    People,  Politics

    Bakkt CEO Kelly Loeffler heading to Senate

    Georgia Gov. Brian Kemp will appoint the Republican, who heads up the cryptocurrency futures exchange.

    Kelly Loeffler, the CEO of the Bakkt cryptocurrency futures platform, is heading to the U.S. Senate, according to press reports. Loeffler's appointment to replace Sen. Johnny Isakson will give the cryptocurrency industry a strong voice in Congress, if it goes through over President Trump's wishes

  • Craig Wright: I'm just smarter than you, your honor.
    Bitcoin,  People,  Uncategorized

    EXCLUSIVE: Sneak peek at Craig Wright’s next court filing: Your honor, judges don’t understand bitcoin!

    The man who would be Satoshi Nakamoto claims he didn’t lie, people just can’t understand his extraordinary life

    Editor’s Note: With $3.6 billion in bitcoin on the line, nChain founder and self-proclaimed Satoshi Nakamoto’s Craig Wright is about to argue that he shouldn’t be fined $650,000 for lying in court, because he didn’t. The court filing, which Modern Consensus has seen before it enters the public record, is part of Wright’s attempt to fend off a claim on half of a cache of 1,000,000 bitcoin mined in the early days of bitcoin by its creator, Satoshi Nakamoto. Wright is being sued by the estate of his late partner, Dave Kleiman.  So far Wright has been hammered in court. Magistrate Judge Bruce Reinhart, who oversaw a pre-trial stage of the…

  • Did an inaccurate story claiming Chinese police raided Binance's Shanghai offices really knock $1,000 off the price of bitcoin? (Mussi Katz, via Flickr)
    Media

    EXCLUSIVE: The Block and Binance were working on a deal. Then a fight broke out.

    A lucrative partnership was lost after a cryptocurrency billionaire called a reporting error malice and demanded that journalists act as cheerleaders

    The Block and Binance were working on a potentially lucrative strategic partnership for more than a month, a source with knowledge of the negotiations told Modern Consensus. Then, on Nov. 21, the crypto news and research site published a story claiming that a police raid forced Binance out of its Shanghai offices. Not only was that wrong—at least about the police raid part—it enraged  cryptocurrency exchange Binance’s billionaire CEO, Changpeng “CZ” Zhao. He promptly jumped on Twitter, telling his 450,000 followers that The Block’s story was a lie. There was no raid, he said, and Binance hasn’t had a Shanghai office for two years. During the four-day Twitter fight that…