AT&T Sued for $224 Million After Phone Hackers Rob Crypto Investor

news Payments startup Square plans to hire a number of engineers and a designer to work on its crypto initiatives, according to tweets from CEO Jack Dorsey. The twist: These new hires may just be paid in bitcoin. Dorsey, who also founded and runs Twitter, announced Wednesday evening that Square plans to hire three or…

Digital art organization Fingerprints DAO is collaborating with Dutch artist Harm van den Dorpel and German car manufacturer Mercedes Benz to release a generative art non-fungible token (NFT) collection inspired by automotive concepts.Titled “Maschine,” the collection by van den Dorpel is supported by Mercedes-Benz NXT, the car manufacturer’s new Web3 arm that focuses on digital…

news When Kik’s board of directors decided to support the company’s pivot to crypto, one of the board members described it as a “hail Mary pass.” It was early 2017 and the Canadian mobile messaging startup, having depleted its venture funding, was months away from firing everyone and calling it quits. The seven most promising…

markets Bitcoin (BTC) chalked up its longest monthly losing streak in seven years in December. The leading cryptocurrency by market value closed at $3,689 on Dec. 31, representing a 13 percent drop from the monthly opening price of $4,241. That was the fifth straight monthly loss – its worst period since November 2011 – according…

Amitoj Singh is CoinDesk's regulatory reporter covering India. He holds BTC and ETH below CoinDesk's disclosure threshold of $1,000. India's government and central bank have received proposals asking to restore access of the Unified Payments Interface (UPI), a widely popular real-time payment system, to the crypto industry, several sources familiar with the matter have told…

The U.S. Securities and Exchange Commission (SEC) said Cumberland DRW was an unregistered securities dealer in a lawsuit Thursday, alleging the crypto market maker "bought and sold" cryptocurrencies that were sold as unregistered securities. The SEC alleged that Cumberland used its research reports and update emails to promote investments in different cryptocurrencies, naming Polygon's {{POL}}

The Volatility Shares 2x Ether Strategy ETF (ETHU) will become the first leveraged ether (ETH) ETF available in the United States, with the company posting on its website that trading will begin on June 4..The launch will come roughly one year after the Volatility Shares 2x Bitcoin fund opened for business in June 2023. The

Since April, Bitcoin's price has ranged between $59,000 and $74,000, but historical trends suggest a potentially bullish July. Seasonal cycles, such as profit-taking around tax season in April and May, and increased demand in December, can influence cryptocurrency prices, leading to predictable changes. Bitcoin (BTC) bulls may have reason to cheer in the coming weeks

Ripple's head of information security is leaving the company. Revealed exclusively to CoinDesk, Sujay Jaladi is departing the San Francisco-based firm, which is best known for its role in developing XRP, the third-largest cryptocurrency by market capitalization. Jaladi is joining Harbor, a startup that provides a compliance platform for issuers of private securities housed as…