Crypto Mining CEO Said to Disappear With $35 Million In Funds

The BOJ hiked the benchmark borrowing cost by 10 basis points, abandoning the prolonged negative interest rate policy.Bitcoin extended losses following the rate hike even as the yen remained under pressure.The new data-dependent BOJ could breed volatility and discourage the yen carry trades that are known to feed into risk assets.The Bank of Japan (BOJ)

Jan 30, 2020 at 17:45 UTCZap founder Jack Mallers speaks at the 2019 Lightning Conference in Berlin. (Photo by Will Foxley for CoinDesk)Zap’s New Product Lets Merchants Take Dollars Over Lightning Network“You get to talk to lightning nodes with dollars.”That’s how Zap CEO Jack Mallers described his lightning wallet’s new U.S. dollar clearing system in…

A district judge has slapped down an investor's effort to move a lawsuit against payments firm Ripple to a lower court.

Jun 11, 2020 at 23:00 UTCUpdated Jun 11, 2020 at 23:24 UTCCameron and Tyler Winklevoss (Credit: Shutterstock)Gemini, the U.S.-based crypto exchange and custodian, is planning to expand its services to Singapore with the appointment of Jeremy Ng as its new Managing Director of Asia-Pacific. Ng’s appointment as Gemini’s Asia managing director makes the firm eligible…

NASD Inc., the company behind Noble, an asset issuance chain built for communication between blockchains, has raised $3.3 million in a seed round.The raise was led by Polychain Capital and included Borderless Capital, Circle Ventures and Wintermute Ventures, among others.Noble was created for native asset issuance in Cosmos and is part of the inter-blockchain communication

feature While some bitcoin miners are estimated to have shut down hundreds of thousands of machines – if not more – others are still out there looking for alternative ways to keep operating. And it’s Iran, with its extremely low-cost electricity (that can go as low as $0.006 per kilowatt-hour) that’s luring overseas miners. But as…

news In a dramatic bit of stagecraft, BitMEX has finally released the “tapes” from its so called Tangle In Taipei, a July 3 debate between CEO Arthur Hayes and NYU Professor and so-called Dr. Doom, Nouriel Roubini. It even comes with dramatic fight music. The debate was about security and scalability where Hayes calls for…

Dec 23, 2020 at 7:00 p.m. UTC(Cemile Bingol/iStock via Getty Images Plus)How 2020 Unlocked a New Generation of Investors, feat. Jill CarlsonNo one would have expected an economic crisis to bring a new generation of investors to the table, but that’s exactly what it did.For more episodes and free early access before our regular 3 p.m. Eastern…

markets With bitcoin (BTC) showing resilience to negative news flow, a strong bullish move is looking increasingly likely. On Wednesday, the Chicago Board Options Exchange’s (CBOE) BZX equity exchange withdrew its request for a rule change by the U.S. Securities and Exchange Commission (SEC) that would have allowed it to list a bitcoin exchange-traded fund…