Crypto Bulls Fighting Back? Market Sees Green After Sell-Off
The cryptocurrency market flashed green Wednesday following a major downturn.
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U.S. Added Just 12K Jobs in October, Far Short of 113K Expected
Just days ahead of the U.S. presidential election and Federal Reserve policy meeting, the government reported a marked weakening in the labor market last month, though it is unclear to what extent storms in the Southeast affected the data. The U.S. added just 12,000 jobs in October, according to the Nonfarm Payrolls report, well shy

Square Forms Group to Stop Patent Hoarding From Stifling Crypto Innovation
Sep 10, 2020 at 16:05 UTCUpdated Sep 10, 2020 at 16:43 UTCSquare CEO Jack Dorsey (Frederic Legrand - COMEO/Shutterstock)Jack Dorsey’s payment company is inviting other cryptocurrency firms to join its “alliance” to pool patents and preserve the industry’s open-source spirit. Square said Thursday it has launched what it calls the Cryptocurrency Open Patent Alliance (COPA),…

StarkWare CEO Uri Kolodny Steps Down Due to Family Health Issue
Uri Kolodny, the CEO of Ethereum scaling and privacy technology StarkWare, is stepping down due to a family health issue. StarkWare president Eli Ben-Sasson will become CEO, and Kolodny will continue to serve on the StarkWare board of directors, the company said on Thursday.Kolodny founded StarkWare in 2008 alongside his long-time friend Eli Ben-Sasson. They

Market Wrap: Bitcoin Plunges to $30.3K as Options Traders Bet on Sub-$800 Ether
Jan 11, 2021 at 9:31 p.m. UTCCoinDesk 20 Bitcoin Price IndexMarket Wrap: Bitcoin Plunges to $30.3K as Options Traders Bet on Sub-$800 EtherBitcoin’s plunge to as low as $30,305 was intensified from leveraged long derivative liquidations; options traders are totally bearish on ether, the native asset of Ethereum.Bitcoin (BTC) trading around $33,277 as of 21:00…

FinCEN Sees Jump in Crypto-Related Suspicious Activity Reports
Dec 10, 2019 at 23:00 UTCUpdated Dec 10, 2019 at 23:09 UTCKenneth Blanco image via Donna Burton/FilckrCrypto companies have filed 7,100 Suspicious Activity Reports (SAR) since May, America’s anti-money-laundering (AML) chief said at a banking conference Tuesday.The reports, according to Kenneth Blanco, director of the Financial Crimes Enforcement Network (FinCEN), follow FinCEN’s May guidance explaining…

Issuing Money Is for Governments, Not Private Firms: Apple CEO
news Apple CEO Tim Cook has spoken out about whether his company would launch a cryptocurrency, and the answer is a firm no. In an interview with Les Echos newspaper, Cook argued that private companies shouldn’t be competing with states on monetary control, stating: “No. I deeply believe that money must remain in the hands of…

Market Wrap: Some Miners Face an Uncertain Future Despite Rising Bitcoin Price
May 13, 2020 at 20:40 UTCUpdated May 13, 2020 at 20:41 UTCSource: CoinDesk Bitcoin Price IndexMarket Wrap: Some Miners Face an Uncertain Future Despite Rising Bitcoin PriceDespite a post-halving rise in bitcoin’s price Wednesday, the current value may not be enough to keep less-efficient miners operating, and that could shift market dynamics. At press time, bitcoin…

Bitcoin Miner Outflows Hit Six-Year Highs Ahead of Halving, Sparking Mixed Signals
Miner outflow has hit a multi-year high as tens of thousands of bitcoin (BTC), worth over $1 billion, have been sent to exchanges.(CryptoQuant)CryptoQuant data shows that the majority of the bitcoin has moved from mining company F2Pool. Bradley Park, an analyst at the company, told CoinDesk in a Telegram message that the move is due