Alphabet jumps 6% on Q3 earnings as CEO says AI bet is ‘paying off’
Alphabet and Google CEO Sundar Pichai said its AI business is “paying off” as the tech giant’s share price surged after the bell as it beat Wall Street estimates.
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Around the World in 2019 — A Landmark Year for Crypto Taxation
2019 was, without a doubt, a milestone for crypto taxation. Countries around the world realized cryptocurrencies are here to stay and adjusted their crypto tax policies as a result. This year alone, several countries have been busy establishing and amending crypto tax legislation. Governments around the world have published updated guidance, changed crypto tax rules,…

Bitcoin-Friendly Square Cash App Stock Price up 56% in 2019
Cash App, the payments app of San Francisco-based payments company Square, announced a Bitcoin (BTC) giveaway in a tweet published on July 26 as its stock price continues to grow, according to MarketWatch.Giving away BitcoinIn its tweets, the official Cash App Twitter account announced that it will give away $50,000 in Bitcoin. In subsequent tweets, Cashapp…
Connecting DeFi: How multichain token systems can improve liquidity
Digital assets are typically restricted to their native blockchain networks, and existing methods of transferring tokens from one blockchain network to another are highly vulnerable to hacking or involve using a trusted third party. However, multichain tokens enable users to transfer their assets to another blockchain directly without giving up custody of their tokens.Experts in the…

Head of Portugal central bank deems crypto unsustainable, calls for global regulation
Mário Centeno praised the European Union’s first comprehensive crypto framework, MiCA, but insisted on further international consolidation of regulatory efforts. 379 Total views 5 Total shares Mário Centeno, the governor of Banco de Portugal, joins a chorus of regulators claiming that national efforts to oversee crypto wouldn’t work correctly without a global framework. A section of

Long-term Bitcoin holders at multi-year high: Glassnode
The analytics provider reported that long-term BTC holders are reducing their spending, and adding to positions. 1071 Total views 39 Total shares Glassnode’s latest weekly on-chain report indicated that long-term holders of Bitcoin (BTC) are at a multi-year high and markets are not yet saturated with profit-taking. These long-term holders (LTH) appear to be reducing…

Robinhood not giving up on crypto despite Q3 crypto revenue slashing 12%
The Robinhood CEO also announced the brokerage firm’s plans to expand the Robinhood Wallet internationally in the months to come. 172 Total views 4 Total shares Crypto and stock trading platform Robinhood highlighted lagging cryptocurrency revenue in the third quarter of 2022, though the results will do little to dampen its ambition to serve the…

Former Binance execs say exchange is worth $300B: Report
Though the exchange’s holding company is registered in the Cayman Islands, Binance currently has no formal headquarters anywhere in the world. 1491 Total views 36 Total shares Even with no physical headquarters and seemingly few regulations affecting its business practices, Binance could reportedly be worth three times as much as Coinbase if it were to…

ETHTrustFund DAO transfers $2M treasury in apparent rug pull
According to a report from PeckShield, ETHTrustFund transferred its entire treasury funds to a new account and then attempted to launder the funds through mixer apps.