A former executive at Charles Schwab has joined bitcoin financial services firm Onramp as president of its managed wealth division. Rich Kerr spent the past 31 years at the traditional finance giant, he told Blockworks. He was most recently Charles Schwab’s managing director of income and wealth solutions, according to his LinkedIn profile. He also
Author: letsdoh
A little under a hundred million dollars was raised by the funding rounds mentioned in this week’s roundup. The biggest round came from blockchain payment network Partior, which raised $60 million in a Series B. The blockchain payment network’s round was led by Peak XV Partners and also saw contributions from Jump Trading Group and
This week, crypto descended on Brussels for EthCC. Given that Ethereum popularized smart contracts and was the home of NFTs during the space’s 2021 craze, it seems like consumer applications could have been prominently featured at the yearly Ethereum gathering. But some attendees felt that apps were too muted at the conference — and that
They say a hallmark of a mania is the rapid rise in the rate of fraud. The exact same can be said of crypto adoption. In fact, fraud is inevitable. Normie media is ablaze with the latest in crypto-tinged true crime. An online pastor in Colorado dumped a worthless token on his flock, screwing them
Today, enjoy the On the Margin newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the On the Margin newsletter . Welcome to the On the Margin Newsletter, brought to you by Ben Strack and Casey Wagner. Here’s what you’ll find in today’s edition: The Senate questioned four Biden nominees
Tether has reportedly frozen a Tron (TRX) wallet containing more than 28 million USDT tokens suspected to be proceeds of criminal activities, including money laundering and fraud. An account dedicated to the real-time observation of Tron and Ethereum (ETH) stablecoins, USDT/USDC Ban List, reported on July 13 that an address, identified as TNVaKW, had been
Among this past week’s top stories: The cryptocurrency market reacted after a gunman opened fire at a political rally, injuring former President Donald Trump; regulators dropped an investigation into Paxos; Germany emptied its Bitcoin (BTC) stash; and spot BTC exchange-traded funds (ETFs) recorded a recovery in net inflows. Trump meme coins boast double-digit growth The
The likelihood of former U.S. President Donald Trump winning the upcoming U.S. presidential election has surged to a record high following a thwarted assassination attempt, according to bettors on the decentralized prediction market platform Polymarket. Trump, who was wounded during a rally shooting in Pennsylvania, saw his odds of winning the upcoming presidential election surge
A recent report reveals that the majority of jurisdictions worldwide have only partially complied with the Financial Action Task Force (FATF) recommendations for regulating virtual assets. Some progress has been achieved, but not enough, according to a report released on July 13. Further efforts are required to fully adhere to the FATF recommendations and establish
SATS (Ordinals), the native token of the Satoshi Network, has emerged as the top performer among the top 200 cryptocurrencies this week, with its value soaring by over 63% in the past seven days. The cryptocurrency — built on the Bitcoin blockchain — is currently priced at $0.000000198. It boasts a market capitalization of $415.8