A New Calculator Aims to Stop Miners From Getting Ripped Off
A new type of profitability calculator has been released – and it brings bad news for many miners.
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Bitcoin Short of Bull Target Despite Five Days of Price Gains
markets View Bitcoin’s five-day winning run, the longest in a month, has neutralized the short-term bearish view. A UTC close above the lower high of $10,956 created on Aug. 20 is needed for a bullish revival. Volumes picked up on Tuesday, adding credence to Monday’s triangle breakout on the daily chart. So, a rise to…

US Charges 6 With Laundering Mexican Drug Cartel Cash Using Crypto and Casinos
Oct 16, 2020 at 08:58 UTCUpdated Oct 16, 2020 at 09:14 UTCCasino stock image(Kay/Unsplash)The U.S. Department of Justice (DoJ) has charged six individuals over alleged involvement in laundering drug cartel funds using cryptocurrency.On Thursday, the DoJ unsealed an indictment (filed on Sept. 24) at the U.S. Eastern District Court of Virginia against Xizhi Li, 45,…

Brazilian Investment Bank BTG Pactual Brings Out Dollar-Backed Stablecoin
Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Jamie Crawley is a CoinDesk news reporter based in London.Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.BTG Pactual, one of Latin America's largest investment banks, has introduced a dollar-backed stablecoin through its…

Your After Hours Guide to Consensus 2024, Wednesday Night
So it’s the first day of Consensus 2024, and you’ve just filled your brain with stimulating talks and conversations. Now you’re looking for something to do to blow off a little steam. Here’s your late night guide for Consensus afterparties, dinners and other events on Wednesday, May 29. (Grab your tickets for the conference here.)CoinDesk
Snoop Dogg and a16z Back Web3 Music Platform Sound’s $20M Funding Round
Web3 music platform Sound has raised $20 million in funding to help artists earn a sustainable income throughout their careers.The Series A round, which closed in February, was led by venture capitalist firm Andreessen Horowitz (a16z), with participation from rapper Snoop Dogg, artist and producer Ryan Tedder, actor Ashton Kutcher-led firm Sound Ventures and more.Sound’s…

The SEC Is Reviewing the Bitwise Bitcoin ETF Rejection
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Coinbase Custody Deleted Tweet That Could Explain Surge in Tether Addresses
Jun 10, 2020 at 19:24 UTCIn a now-deleted tweet, Coinbase Custody International announced it was adding support for withdrawals and deposits in the stablecoin tether. While that May 30 tweet is now gone, it’s hard to hide its effects given a recent surge in the stablecoin’s count of active addresses. The number of unique addresses active…

Billionaire Hedge Funder Bill Ackman Mulls Bitcoin
Pershing Square Capital Management founder and CEO Bill Ackman turned some of his attention to Bitcoin (BTC) on Saturday afternoon, cheekily suggesting a scenario in which the price for the world's largest crypto could soar far higher than anyone might imagine."Bitcoin price rise leads to increased mining and greater energy use, driving up the cost