Below $300: Ether Price Hits New Low for 2018

news A luxury residential project targeting the crypto rich may be in trouble. According to a report from The Times on Sunday, the Aston Plaza project in Dubai – launched in 2017 by high-profile U.K. entrepreneurs Baroness Michelle Mone and Doug Barrowman – appears to have stalled, with its website still displaying the project as…

Aug 25, 2020 at 22:16 UTCUpdated Aug 25, 2020 at 22:17 UTCThe IRS's Taxpayer Advocate Service says a group of letters the agency sent to taxpayers last year may have violated its own code. (Danny Nelson/CoinDesk)Undeterred by its own watchdog’s warnings, the Internal Revenue Service has once again begun sending crypto “soft letters” of disputed…

news Crypto exchange Bitfinex will list its new exchange token, LEO, on Monday after purportedly raising $1 billion from the initial offering. In an announcement Friday, Bitfinex said that the token – whose full name is apparently UNUS SED LEO, also the name of the token’s formal issuer – will be listed on its platform and…

Nov 12, 2020 at 3:05 p.m. UTCAlipay Logo (Shutterstock)How Ant’s Suspended IPO Is Related to China’s Digital YuanAnt Group’s suspended initial public offering (IPO) has shed further light on a possible motivation behind China’s digital yuan. The Chinese government appears to view the payments giant as a destabilizing force to China’s economy, and the digital…

I spent a few moments this morning exploring my Twitter archive. I’m reflecting on what the social media site has meant for the world of cryptocurrency – and contemplating what the possible end of “Crypto Twitter” means for the future.It’s time for that reflection because Twitter as we knew it is now officially gone, with…

markets Financial institutions have begun to enter crypto with a quickening pace, setting the tone for the remainder of 2019 and 2020. What makes these years different from ones prior is the speed of professionalization taking place in the markets, according to our sources. Oliver von Landsberg-Sadie, CEO of BCB – a financial services group…

While CoinFLEX's creditors and OPNX's management await their day in a Hong Kong court, another legal scuffle is brewing between Roger Ver – whom some call 'Bitcoin Jesus' – and Jihan Wu, the co-founder and chairman of Matrixport. The feud is over $8 million Ver says Wu took from him as punishment over his supposed

news Two bitcoin over-the-counter (OTC) market makers in China have been accused of illegally collecting bitcoin now worth $56 million from more than 100 OTC traders as part of a loan scheme. According to a report from state-owned newspaper BJNews on Wednesday, a group of 20 OTC traders in China filed a complaint to police…

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