Crypto Mining CEO Said to Disappear With $35 Million In Funds
Crypto mining firm Sky Mining’s CEO Le Minh Tam has reportedly stolen $35 million from investors and fled to America.
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Eth 2.0 Deposit Contract Secures Enough Funds to Launch
Nov 24, 2020 at 2:46 a.m. UTCUpdated Nov 24, 2020 at 3:39 a.m. UTCEth 2.0 Deposit Contract Secures Enough Funds to LaunchThe smart contract required for triggering the first phase of Ethereum 2.0 has enough funds to begin activation of Ethereum’s most ambitious upgrade yet, which will radically shift Ethereum’s economic model, resource usage and…

Investor Fortress Raises Buyout Offer for Mt. Gox Creditor Claims By 71%
Feb 20, 2020 at 12:04 UTCUpdated Feb 20, 2020 at 12:07 UTCThe New York-based private equity firm Fortress has issued a "premium" offer to buy out creditor claims from the now-defunct Mt. Gox exchange. In a letter said to be sent by Fortress managing director Michael Hourigan on Monday, the company said it was offering…

‘Anonymity Vouchers’ Could Bring Limited Privacy to CBDCs: ECB Report
Dec 17, 2019 at 17:45 UTCUpdated Dec 17, 2019 at 18:43 UTCECB image via Shutterstock‘Anonymity Vouchers’ Could Bring Limited Privacy to CBDCs: ECB ReportThe European Central Bank (ECB) is thinking through the logistics of a hypothetical central bank digital currency (CBDC).Revealed Tuesday in an ECB report, Europe's central bankers have developed an “anonymity voucher” to…

Bitcoin Outlook Sours As Price Sheds 70% of Recent Rally
Bitcoin's price has surrendered more than 70 percent of the rally seen in July, putting the bears in a more commanding position.

Gemini Exchange Launches Crypto Trading Against the Euro
Oct 28, 2020 at 15:14 UTCUpdated Oct 28, 2020 at 15:44 UTCGemini founders Tyler and Cameron Winklevoss(Wikimedia Commons/TechCrunch Disrupt)Gemini, the cryptocurrency exchange founded by the Winklevoss brothers, has launched trading denominated in the euro.In an announcement Wednesday, the company said all listed cryptocurrencies could be purchased and traded with euros.Euro deposits can be made via…

Bear Trap? Bitcoin Price Dips Below $10K on Low Volumes
markets View Bitcoin’s drop from $10,949 to $9,855 (Wednesday low) may be a bear trap, as selling volumes have dropped throughout the price pullback. A widely-tracked 4-hour chart indicator is reporting a bullish divergence and the daily candlesticks are signaling seller exhaustion. BTC could rise above $10,270, confirming a falling wedge breakout on the 4-hour…

Jack Dorsey Aims to Create Anti-Censorship Bitcoin Mining Pool With New Startup
Bitcoin (BTC) startup Mummolin, has raised $6.2 million in seed funding led by Jack Dorsey, among others, as it aims to give miners control over their block rewards from the network.The capital will support the start of a decentralized mining pool - OCEAN. The new non-custodial pool will be the first of its kind as

Brave Partners With Binance to Develop In-Browser Crypto Trading
Mar 26, 2020 at 08:00 UTCBrave is working with Binance to support in-browser crypto trading. (Image via bangoland / Shutterstock)Privacy-focused browser Brave Software is hoping to facilitate in-browser cryptocurrency trading, though it’s not quite ready yet.Brave announced Tuesday it was partnering with Binance to develop an in-browser crypto trading tool which will ultimately let users…