Crypto Mining Firm Receives Bomb Threat Over Noise Level
A bomb threat was sent on Saturday to Kryptovault, a Norwegian cryptocurrency mining company, for disturbing the peace.
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Saddle Raises $7.5M to Reduce Slippage in DeFi Trading
Saddle, an open-source automated market maker (AMM) for trading between pegged value crypto assets, has closed a $7.5 million funding round led by Polychain and Electric Capital with participation from Nascent, Project Galaxy and others. The fundraise follows a $4.3 million raise in January.Founded in 2020, San Francisco-based Saddle is a decentralized AMM on the…

Bitcoin Takes Another Shot at $63.5K as China’s Vague Fiscal Stimulus Deters Capital Shift
BTC revisits Friday's high above $63,000, maintaining the positive momentum. China's highly-anticipated stimulus announcement fell short of expectations, suggesting a low probability of continued outflows into China-linked assets. Bitcoin made another push toward establishing a foothold above $63,000 Saturday as China's highly-anticipated fiscal stimulus announcement fell short of expectations, reducing the likelihood of capital rotation

Tether Stops Support for Bitcoin Layer Omni Citing Lack of Demand
Stablecoin issuer Tether said that it will discontinue support for Omni, a Bitcoin layer used for USDT transfers since 2014.Tether will also relinquish support for Kusama (KSM) and Bitcoin Cash (BCH) SLP implementations, according to the announcement.Omni is a software layer built on top of the Bitcoin blockchain. It was designed to enhance the features…

Bitcoin Advocate Jack Dorsey to Stay On as Twitter CEO
Jack Dorsey will retain his position as chief executive officer at social media giant Twitter.A committee formed earlier this year to review Twitter's leadership has concluded that the current management structure with Dorsey at the helm is sufficient, Bloomberg reported Tuesday citing a company filing on the matter. "The board will continue to evaluate company…

A16z, Polychain Invest $25 Million in Crypto Payments Startup Celo
news Andreessen Horowitz’s cryptocurrency fund A16z Crypto and venture capital firm Polychain Capital have invested $25 million in cryptocurrency payments startup Celo. Celo announced Tuesday that the two investors have purchased $15 million and $10 million in the project’s Celo Gold tokens, respectively. The token-based funding effort also saw participation from “several other leading institutions”…

5 Reasons for Cautious Optimism in Crypto
Apr 2, 2020 at 19:02 UTCUpdated Apr 2, 2020 at 19:10 UTCWhile traditional markets continue to flail, bitcoin (BTC) and crypto in general are showing surprising resilience and attracting new audiences.For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher,…

Bitcoin Sets Record 63 Straight Days Closing Above $10,000
Sep 28, 2020 at 00:01 UTCUpdated Sep 28, 2020 at 00:13 UTCBitcoin streaks of days trading above $10,000Bitcoin closed Sunday at $10,793 setting a record of 63 consecutive daily closes above $10,000, according to market data aggregated by Messari.The bellwether cryptocurrency’s previous record 62-day streak above $10,000 lasted from Dec. 1, 2017, through Jan. 31,…

Safemoon Hacker Strikes Deal With Developers to Return $7.1M
Featured SpeakerBowTiedBullPresidentBowTied JungleThe pseudonymous investor BowtiedBull explores the BowtiedJungle, where citizens swap advice on investing, job-seeking, ...Oliver Knight is a CoinDesk reporter based between London and Lisbon. He does not own any crypto.Featured SpeakerBowTiedBullPresidentBowTied JungleThe pseudonymous investor BowtiedBull explores the BowtiedJungle, where citizens swap advice on investing, job-seeking, ...A hacker who exploited decentralized-finance protocol Safemoon…