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

Jul 22, 2020 at 22:43 UTCApple's Steve Wozniak is suing YouTube over crypto giveaway scams. (Credit: Shutterstock) Apple co-founder Steve Wozniak is suing video-sharing giant YouTube and its parent company Google for allegedly allowing bitcoin giveaway scams that use his likeness to thrive on its platform.  Wozniak was one of 18 plaintiffs that filed the…

SoFi is handing its crypto customers to Blockchain.com, a move possibly tied to SoFi's decision to become a bank.In an interview, Blockchain.com President Lane Kassleman said the partnership equates to hundreds of thousands of users and hundreds of millions of dollars.SoFi Technologies (SOFI), an online bank and financial-services company, is exiting the cryptocurrency business, telling

Hopes surrounding a potential U.S. Bitcoin ETF filing by investment giant BlackRock spurred a slight change in market movements early on Friday, fueling a bullish outlook among some traders.On Thursday, CoinDesk reported that BlackRock planned to offer a Bitcoin ETF with crypto exchange Coinbase serving as custodian. This was confirmed later after a filing showed…

Aug 21, 2020 at 16:14 UTCPolychain Capital founder Olaf Carlson-Wee speaks at Consensus 2019. (CoinDesk archives)Polychain Capital’s Original Crypto Fund Raises an Additional $19.5MPolychain Capital’s cryptocurrency hedge fund added $19.5 million in investments in the past year, pushing the flagship fund’s lifetime raise past $307 million. Polychain Fund I LP, which invests in cryptocurrencies and…

news Blockchain firm Fundament has landed German real estate giant Bauwens as a strategic investor with $7.35 billion of projects to jumpstart its asset tokenization business. Fundament CEO Thomas Ermel told CoinDesk that Bauwens acquired 15 percent stake of the firm in cash in September after beginning negotiations for a partnership in May. Founded in…

Dec 9, 2020 at 12:00 p.m. UTCBitcoin price for the last 24 hours(CoinDesk 20)Bitcoin’s Options Market Skews Bearish as Spot Price Loses GroundBitcoin’s options market has flipped bearish for the short term, as demand rises for ways to hedge against further sell-offs in the spot market. The top cryptocurrency by market value fell to $17,640 earlier…

A potential Republican sweep of both chambers of Congress would be the most bullish result for Coinbase and crypto markets, the report said. Citi said a Harris win and a divided Congress would lead to more uncertainty for the digital assets space. The bank cut its Coinbase price target to $275 from $345, while maintaining

May 15, 2020 at 12:20 UTCCredit: Shutterstock/MaridavFirst Mover: Bitcoin’s Hot Again, and Crypto Miners Are Hoarding – Or Are They?Bitcoin is rallying again, and some analysts are looking at a potential driver of even higher prices: new data showing that mining pools are hanging onto the cryptocurrency rather than sending it to exchanges for a…