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Bob Lee, Cash App founder and MobileCoin exec, slain at 43

Bob Lee, a technology executive who created Cash App and was currently chief product officer of MobileCoin, was fatally stabbed in San Francisco early Tuesday, according to the cryptocurrency platform and police.The San Francisco Police Department said in a press release that officers responded to a report of a stabbing on Main Street at 2:35 a.m. Tuesday and found a 43-year-old man suffering from apparent stab wounds. The victim died at a hospital. Police did not identify the victim but MobileCoin confirmed Lee's death…

Crackdown! Global regulators to target crypto platforms after FTX crash

The crash of FTX exchange has injected greater urgency into regulating the crypto sector and targeting such 'conglomerate' platforms will be the focus for 2023. The crash of FTX exchange has injected greater urgency into regulating the crypto sector and targeting such 'conglomerate' platforms will be the focus for 2023, the new chair of global securities watchdog IOSCO said in an interview.Jean-Paul Servais said regulating crypto platforms could draw on principles from other sectors which handle conflicts of interest,

FTX-Led Crypto Bubble Really Is the Worst of Its Kind

Investment bubbles tend to leave behind something useful when they pop. Unfortunately, crypto looks like an outlier. Investment bubbles get a bad rap. Perhaps we should mock them a little less and express our gratitude to them a little more. Why? Because while they leave huge misery in their wake, they also eventually leave us with good things paid for by other people's capital.The bicycle bubble of 1896, for example, left us with better bicycles. It also led to a significant improvement in the quality of the roads in