Dubai Free Zone Becomes First UAE Government Entity to Accept Bitcoin

U.S. Rep. Katie Porter, a prominent Democrat progressive from California, has a crypto target on her back as one of the industry's leading campaign-finance organizations opposes her with ads.Porter's campaign said that billionaires and corporate interests are trying to rig the March primary election with misinformation. The U.S. crypto industry's most prominent campaign-finance organization, Fairshake

Sep 17, 2020 at 12:41 UTCUpdated Sep 17, 2020 at 12:53 UTC(Dmytro Tyshchenko/Shutterstock)The $55M Hack That Almost Brought Ethereum DownBloomberg News reporter Mathew Leising’s new book “Out of the Ether: The Amazing Story of Ethereum and the $55 Million Heist That Almost Destroyed It All” tells the story of the infamous DAO hack that almost…

This article originally appeared in First Mover, CoinDesk’s daily newsletter putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day.Following its decline below $29,000 for the first time in a month on Monday, bitcoin (BTC) was trading at $29,100 early Tuesday. The bearish price action comes ahead…

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news The first quarter of 2019 was a breath of fresh air for the cryptocurrency market, having recorded its first quarterly increase in overall network valuations since the fourth quarter of 2017. Interestingly, however, bitcoin is among the least significant price gainers so far this year while still flashing a noteworthy Q1 increase of 10…

news A corroborating order has been filed in Craig Wright’s sanctions and contempt hearing. In a court document published Tuesday, Magistrate Judge Bruce E. Reinhart confirmed that Wright, the self-declared inventor of bitcoin, must forfeit half his crypto mined prior to 2014 to Ira Kleiman as well as half his intellectual property. Additionally, Wright is…

Aug 28, 2020 at 16:41 UTCMoney Reimagined: From COVID Generation to Crypto GenerationLast year, before a pandemic changed the world, surveys showed millennials and adult-age Generation Z respondents steadily developing a curiosity in cryptocurrencies if not buying into the bigger idea that the technology will transform money.  A Michelmores survey in the U.K., for example,…

Unlike the U.S., Japan considers XRP to be a cryptocurrency, not a security.Japanese XRP investors aren't letting the U.S. Securities and Exchange Commission suit against Ripple dim their outlook on the cryptocurrency.(Tomohiro Ohsumi/Getty Images)Jan 21, 2021 at 11:00 p.m. UTCJapan Rallies Behind XRP as Ripple Faces US Litigation“I’m not selling,” Makoto, a Japanese entrepreneur and…

The value of the cryptocurrency market could almost double to $5 trillion by the end of the year, propelled by the January approval of spot bitcoin exchange-traded funds in the U.S. and the mining-reward halving due later this month, according to Ripple CEO Brad Garlinghouse.“I’m very optimistic. I think the macro trends, the big picture