Coinbase Argues an Arbitration Case in U.S. Supreme Court as Crypto Makes Its Debut
In Tuesday’s case, Coinbase Inc. v. Bielski, customer Abraham Bielski had initially accused Coinbase of lax protections when a scammer stole $31,000 from his account. A court found that he could go ahead and pursue that complaint in the courts, which Coinbase appealed. When the matter kept moving in court, the company argued its appeal should have stopped it.
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Bitcoin Bounces 6%, Threatens $38K; ‘Good Times Are Here,’ Analyst Says
Cryptocurrencies Wednesday roared back from yesterday's drubbing, with bitcoin (BTC) nearing a new 18-month high just shy of $38,000 after tumbling below $35,000 at one point on Tuesday.Ether (ETH) advanced more than 3% to near $2,060, retaking the $2,000 level after yesterday's fall to nearly $1,900.Native tokens of layer 1 blockchains Solana (SOL) and Avalanche

Venezuela’s Crypto Exchanges, Miners Must Register Under New Rules
news Venezuela has issued new rules for crypto service providers in the country, including exchange platforms and miners. The country’s Ministry of Popular Power for Communication and Information (MIPPCI) published an official gazette last week that included the “Constituent Decree on the Integral System of Crypto Assets.” The publication in effect activated a new regulatory…

Crypto for Advisors: AI Tools for Advisors
We are told AI will revolutionize every business, and although the technology is relatively new, are advisors ready for AI crypto trading? Both AI and crypto investing require learning and regulatory maturity. At the same time, we don't see many tools ready for use today that will plug into a financial planner's business. AI for

First Mover Americas: Grayscale’s GBTC Discount Narrows to 10%
This article originally appeared in First Mover, CoinDesk’s daily newsletter putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day.Latest PricesTop StoriesGrayscale’s Bitcoin Trust's (GBTC) discount to its net asset value (NAV) has narrowed to levels not seen since July 2021, data from YCharts shows. The discount

Bitcoin Climbs 3% to $26.6K; SOL, NEAR, ADA Lead Crypto Market Gains
Bitcoin (BTC) climbed more than 3% to above $26,600 Wednesday afternoon, its highest price this week as crypto markets pared some of the losses booked in last Thursday’s tumble.Ether (ETH) advanced 3.5%, inching closer to the $1,700 level.The gains for both were roughly in line with the CoinDesk Market Index’s (CMI) 3% rise.Layer 1 blockchain…

Central Europeans Are Beginning to Wake Up to Cryptocurrency Payments
news BitBay, a Katowice-based cryptocurrency exchange, released a survey of Polish cryptocurrency users in an attempt to “create a portrait of this community.” The answers may astound. The central questions asked in the survey are: who uses cryptocurrencies… and how? At this point, it should be disclosed that BitBay is the corporate owner of BitBay…

Flipside Crypto Raises $7.1 Million to Give Token Projects Better Analytics
feature Data analytics startup Flipside Crypto, already backed by Coinbase Ventures and Digital Currency Group, has raised another funding round to solidify its service offerings. Galaxy Digital, headed by hedge fund veteran (and runway model) Mike Novogratz, led a fresh $7.1 million round in Flipside Crypto this summer. Previous investors, such as Castle Island Ventures,…

Argo Blockchain Plans New Bitcoin Mining Facility in Texas
Argo said the new Texas facility will have access to up to 800 megawatts of cheap, renewable energy.Feb 10, 2021 at 9:45 a.m. UTCUpdated Feb 10, 2021 at 9:49 a.m. UTCArgo Blockchain Plans New Bitcoin Mining Facility in TexasPublicly traded bitcoin mining company Argo Blockchain (ARB) is planning to acquire land in West Texas for…