Bitcoin Volatility Hits Longs and Shorts as $175M Liquidated, $1B in Open Interest Wiped

Born in 1989, Charlie Shrem is an American co-founder of former bitcoin exchange BitInstant and a founding member of the Bitcoin Foundation.  In 2014, Shrem was notably accused of selling more than $1 million worth of bitcoin to users of darknet market Silk Road, operating an unlicensed money transmitting business, and failing to report suspicious…

AUSTIN, TEXAS – Layer-1 blockchain Aptos (APT) said Thursday that it is integrating real-world data provider Chainlink's (LINK) Cross-Chain Interoperability Protocol (CCIP) and data feeds as part of joining Chainlink's SCALE program.The expansion, announced at a panel discussion at Consensus 2024 in Austin, aims to help developers on Aptos to build decentralized applications (dApps) on

Jan 8, 2021 at 10:38 a.m. UTCUpdated Jan 8, 2021 at 11:23 a.m. UTCTron-Owned Video Platform Criticized for Hosting Extremists, U.S. Capitol Rioters[UPDATED] Video streaming platform DLive, owned by blockchain platform Tron, was reportedly used by far-right extremists to live stream the deadly riot at the U.S. Capitol building on Wednesday.The Southern Poverty Law Center (SPLC),…

opinion Michael J. Casey is the chairman of CoinDesk’s advisory board and a senior advisor for blockchain research at MIT’s Digital Currency Initiative. The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday exclusively to our subscribers. ___________ One of the more disturbing side effects of the crypto market’s downturn is it…

opinion Philippe Bekhazi is the CEO of XBTO Group, a cryptocurrency trading firm. — The current wave of stablecoin issuances is a result of the current bear market in underlying crypto assets, leading to upwards of 50 stablecoins on offer today. Given an increasing media focus and heightened industry attention, it’s important to take both…

news The longest government shutdown in U.S. history is hurting the crypto industry, too. As the impasse in Washington stretches into its record-breaking fourth week, the closure of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) has put key developments – namely, the approval and launch of products and services involving…

Oct 16, 2020 at 13:57 UTCUpdated Oct 16, 2020 at 14:13 UTCOKEx Denies Investigation of Founder Star Xu Is Related to Money LaunderingOKEx is denying that the ongoing inquiry of its founder is related to an anti-money laundering investigation.  “We are not at liberty to discuss any matters that are under investigation but can reveal that…

Samson Mow is chief strategy officer at Blockstream.  This exclusive opinion piece is part of CoinDesk's "Bitcoin at 10: The Satoshi White Paper" series. It's been 10 years since Bitcoin's white paper was released, and the world has had 10 years to understand the profound impact of Bitcoin. We've also had 10 years of development…

Dec 29, 2020 at 7:00 p.m. UTC(marcoventuriniautieri/iStock via Getty Images Plus)The Devastation of Main Street Business, feat. Daniel LacalleThe popular economist talks about the K-shaped recovery and why we could be in for more pain in 2021.For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts,…