Coinbase Launches Crypto Plugin for Popular E-Commerce Platform
Coinbase has announced a new service aimed at improving access to cryptocurrency payments for e-commerce businesses.
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Japan’s SBI Investing ‘Eight-Figure’ Sum in Swiss Crypto Bank Sygnum
SBI's digital assets subsidiary will lead a round that will have raised around $30 million for the Swiss firm over six months.Feb 17, 2021 at 12:00 a.m. UTCJapan’s SBI Investing ‘Eight-Figure’ Sum in Swiss Crypto Bank SygnumSBI Holdings, a Japanese financial services firm, is to lead an ongoing strategic fundraising round for Swiss digital asset…

Bitcoin Jumps 5%, Gaining With Gold, After US Kills Top Iranian Official
Parade of military forces, along with photographs of Qasem Soleimani, Tehran, Iran, May 31, 2019. (Image via Shutterstock)Bitcoin jumped the most in two weeks after a U.S. drone strike killed a top Iranian military commander, fueling speculation that heightened geopolitical turmoil might spur demand for the cryptocurrency in 2020. The digital asset’s price jumped 5 percent…

6 Predictions for Crypto in 2024: Pantera’s Paul Veradittakit
This past year has been a testament to the blockchain space’s ability to recover from even the harshest external conditions. From the depths of the “crypto winter” at the beginning of the year, the overall market cap of the crypto space has grown by 90% to $1.69 trillion, with bitcoin more than doubling from its

First Mover Asia: XRP, XLM Climb While Bitcoin Trudges Below $30K
Good morning. Here’s what’s happening:Prices: XRP, XLM have a day in the spotlight. Bitcoin loses $30K.Insights: Ripple's partial victory left key questions unsettled. Preston Byrne told CoinDesk TV that lawmakers need to create a "legal regime" that accounts for digital assets' unique characteristics.XLM, XRP Lead Altcoin RallyXLM and XRP led a posse of altcoins out…

Crypto Taxes: Still Confused After All These Years
Jul 14, 2020 at 05:40 UTCUpdated Jul 14, 2020 at 06:00 UTCIRS form 1040, modified by CoinDesk using PhotoMoshKirk Phillips is an entrepreneur, certified public accountant (CPA) and author of “The Ultimate Bitcoin Business Guide: For Entrepreneurs & Business Advisors.” You need to be nimble to be a crypto tax professional. As the industry has…

Humanity Protocol Raises $30M at $1B for Decentralized Identification to Rival Worldcoin
Humanity Protocol, which uses palm scans for identify verification, raised $30 million and was valued at $1 billion.The cash will fund hiring and development costs, with a testnet release planned for the second half.00:58GameStop's Business Will Fail 'at Some Point': Economist01:04Can Miners Survive Lower Bitcoin Fees and Reduced Rewards?01:46Tornado Cash's Alexey Pertsev Sentenced to 64

Bitcoin Trade That Gave Bankman-Fried His Millions Returns in South Korea
The "Kimchi premium" refers to the difference in Bitcoin prices on Korean exchanges compared to global bourses. Bitcoin is currently trading at a 10% premium in South Korea.The arbitrage popularized by Sam Bankman-Fried involves buying bitcoin on a global exchange and selling it on a Korean exchange for a riskless profit in Korean won.Pocketing the

SEC, OCC Issue First Regulatory Clarifications for Stablecoins
Sep 21, 2020 at 20:02 UTCUpdated Sep 21, 2020 at 20:28 UTC(Mark Van Scyoc/Shutterstock)SEC, OCC Issue First Regulatory Clarifications for StablecoinsThe U.S. Office of the Comptroller of the Currency (OCC) has published fresh guidance, officially clarifying national banks can provide services to stablecoin issuers in the U.S. The Office of the Comptroller of the Currency…