Crypto investor turns $1,300 into $3.4M in 15 days

Noted crypto advocate Patrick Byrne resigns as CEO of Overstock.Per a letter of resignation and company statement posted on Twitter Aug. 22, Patrick Byrne will be stepping down as CEO of Overstock.Having led crypto-friendly e-commerce at the company, including the launch of tZero, Overstock’s crypto token platform, and Overstock’s acceptance of Bitcoin payment, Byrne’s announcement follows…

Three months after being elected into power, the Australian Labor party has finally broken its silence on how it's planning to approach crypto regulation. Treasurer Jim Chalmers announced a “token mapping” exercise, which was one of the 12 recommendations in a senate inquiry report last year on “Australia as a Technology and Financial Center.” The report…

Bitcoin energy consumption has been at its highest historical levels since late 2020, according to Digiconomist’s Bitcoin Energy Consumption Index. 2209 Total views 9 Total shares The recent surge of Bitcoin (BTC) price has driven notable growth in the amount of electricity consumed by Bitcoin miners, spurring another wave of argument in the community over…

The surge suggests significant institutional attention despite the token’s historical association with FTX’s financial challenges. 443 Total views 3 Total shares Amid market uncertainties around Changpeng “CZ” Zhao’s departure as Binance CEO, defunct crypto exchange FTX’s native FTX Token (FTT) witnessed a brief bull run. FTT has surged in value over the past 48 hours

A run-up towards $40,000 in the Bitcoin market risked exhaustion as Chicago Mercantile Exchange's futures opened on Monday, June 14 with a gap of $1,575, the first since May 17.In retrospect, the downside risks heightened due to Bitcoin's recent bearish pullbacks near the $40,000-level. Atop that, the said CME gap formed between Friday's close of…

“We built this interface so anyone who wants to donate but holds other ERC-20 tokens can do so with one click,” said the Uniswap team. 199 Total views 21 Total shares On Tuesday, decentralized exchange Uniswap launched an interface that directly converts ERC-20 tokens — such as Aave, Chainlink’s LINK and Decentraland’s MANA — to Ether (ETH).…

Signum Bank says it's now eyeing further expansion into the European market, aiming to become fully MICA compliant by the first quarter of 2025.