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September 23, 2024
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DMM Bitcoin will raise 7 billion yen ($44 million) through loans and 48 billion yen through a capital increase.The capital will be used to purchase bitcoin and pay back users who held BTC on the exchange.The cause of the hack remains unclear.00:59Running With Crypto: 5 Questions With TRM Labs' Ari Redbord09:43Hacks Involving North Korea Are

Donald Trump Is the Latest Republican to Use CBDCs as a Dog Whistle

With Donald Trump romping to victory in Iowa’s caucus on Monday and taking the stump in New Hampshire, the next primary battleground, “45” made a strong statement about digital currency: he’s against it. At least the government-issued kind, in the form of a central bank digital currency (CBDC):“Tonight, I’m also making another promise to protect

Why Short Sellers May Have a Hard Time Betting Against Tether

With the U.S. Securities and Exchange Commission (SEC) seemingly committed to burning the earth and salting the fields of the cryptocurrency industry, the stablecoin tether (USDT) could face serious pressure. Whether out of worry of a direct regulatory attack by U.S. authorities, or of stress on related entities, the market is showing signs of concern…

Crypto Now Has a ‘Neighborhood Watch’ to Guard Against Hacks

The cryptocurrency industry, for years plagued by hacks and other malfeasance, has a new group dedicated to cleaning things up, headed by cybersecurity veteran Justine Bone.Bone is the executive director of Crypto ISAC, the industry's first information-sharing and analysis center, essentially a hub for cybersecurity analysis. A leader in cybersecurity and cryptography for more than

Market Wrap: $10,000 Remains Bitcoin’s Price to Beat

Source: CoinDesk Bitcoin Price IndexMarket Wrap: $10,000 Remains Bitcoin’s Price to BeatIt was $10,000 or bust as bitcoin traded unremarkably for much of Monday. Bitcoin (BTC) was trading around $9,706 as of 20:00 UTC (4 p.m. ET), slipping by less than a percent over the previous 24 hours. At 00:00 UTC on Monday (8:00 p.m.…

Bitcoin Miner Bitfarms Closes $15M Brokered Private Placement

Jan 7, 2021 at 3:00 p.m. UTCUpdated Jan 7, 2021 at 3:27 p.m. UTCPrice action for shares of Bitfarms Bitcoin Miner Bitfarms Closes $15M Brokered Private PlacementCanadian bitcoin mining firm Bitfarms (BITF) closed a fully subscribed private placement of common shares worth CAD$20 million, or over US$15 million.Bitfarms announced the sale Sunday, per a prior…

Second US Congressional Hearing Is Scheduled on Facebook’s Libra Crypto

news The U.S. House Financial Services Committee will host a hearing on Facebook’s libra cryptocurrency next month, one day after the Senate Banking Committee holds its previously announced hearing. Maxine Waters, chair of the powerful House committee, announced the hearing Monday, The Hill reported, after calling on Facebook to suspend development of the project multiple…

Fired Employees’ Harassment Suit Against Tron Will Move to Private Arbitration

Mar 25, 2020 at 14:43 UTCUpdated Mar 25, 2020 at 16:10 UTCJustin Sun speaks at Consensus 2019, photo via CoinDesk archivesFired Employees’ Harassment Suit Against Tron Will Move to Private ArbitrationA court has moved two fired Tron Foundation employees’ claims of wrongful termination and workplace harassment to arbitration.On March 12, the San Francisco Superior Court…

First Mover Americas: Bitcoin Still Stuck in Limbo

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 StoriesBitcoin (BTC) has remained almost entirely locked below the $26,000 mark since Sept. 1, showing little to no signs of life. BTC is basically unchanged over

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