Ex-Ripple board member, Biden adviser joins Harris campaign: Report
Economics adviser Gene Sperling joined Ripple’s board in 2015 after serving under Presidents Bill Clinton and Barack Obama.
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Institutions are buying Bitcoin like it’s late 2020
The amount of Bitcoin available on derivatives exchanges hits its lowest since May 11, before the China miner rout took hold. 1560 Total views 110 Total shares Bitcoin (BTC) reserves on derivatives exchanges have dropped to levels last seen before the May price crash.Data from on-chain analytics service CryptoQuant confirmed that as of Aug. 10,…
Solana overcomes FTX fiasco — SOL price gains 100% in Q1
The price of Solana (SOL) fell nearly 95% in 2022, partly due to its association with tainted crypto entrepreneur Sam Bankman-Fried and his collapsed ventures FTX and Alameda Research. But so far in 2023, things have improved for the SOL price.Solana price doubles in Q1/2023Solana's price has risen 104% to around $20.60 per SOL in the…
Australian Tax Office says it can’t rely on crypto users’ own records
“Our main concern is that many taxpayers believe their cryptocurrency gains are tax-free or only taxable when the holdings are cashed back into Australian dollars,” said the ATO commissioner. 2064 Total views 19 Total shares The Australian Tax Office (ATO) says it can’t rely on crypto investors to keep track of their crypto transactions and…
Marathon shareholders file lawsuit against company’s top management
The CEO and other top executives are being accused of a breach of fiduciary duties, unjust enrichment and waste of corporate assets. 61 Total views 2 Total shares A United States-based crypto mining company, Marathon Digital, heads to court, as its shareholders allege that CEO Fred Thiel, alongside other top executives, committed a breach of…
LG Electronics adds blockchain and crypto as new areas of business
South Korean tech giant LG Electronics has officially updated its business development goals to include cryptocurrency and blockchain-based software. 723 Total views 33 Total shares South Korean tech giant LG Electronics has officially added blockchain and cryptocurrency as new business areas in its corporate charter. According to a local South Korean news report, LG added two…
Coinbase Phases Out Earn.com, Doubles Down on Coinbase Earn
Cryptocurrency exchange Coinbase plans to shut down cryptocurrency learning platform Earn.com in favor of its in-house developed counterpart Coinbase Earn.Industry news outlet The Block reported on Dec. 22 that Coinbase announced in an email to its customers that the exchange plans to only focus on Coinbase Earn and will be “sunsetting Earn.com.” Earn.com and Coinbase Earn…
Bitcoin Breaks $7,500 Point After a Week of Solid Growth, BTC Dominance Goes Up
Crypto markets are experiencing a mix of green and red today, July 22, with some of top 20 altcoins by market cap seeing a slight dip of around 1 percent over the past 24 hours, while Bitcoin (BTC) has reclaimed the $7,500 price point, according to Coinmarketcap. Following a week of solid upswing, none of…
Coinbase Custody to Support Telegram’s GRM Token at Launch
Major United States-based crypto exchange and wallet provider Coinbase has announced that it will provide custodial support for the forthcoming cryptocurrency from the popular encrypted messaging service Telegram.In an official blog post published on Oct. 10, the exchange revealed that Coinbase Custody — its digital assets custodian solution for institutional investors — will launch support…