Exodus wallet posts 80% rise in Q2 revenue with $9.6M in losses

There was a time when all cryptocurrencies traded against Bitcoin (BTC). Speculators ventured into other coins when they saw assuring tokenomics or promising hype, but Bitcoin was their settlement coin of choice.Things have changed. Stablecoins now constitute a critical $150 billion pillar in the cryptocurrency market. Perpetual futures over-amplify market sentiment and, more often than…

Bitcoin (BTC) trading is coming under the spotlight this week after another flash crash sparked concerns that traders are manipulating markets.As various social media users noted, including statistician Willy Woo on Nov. 5, unusual occurrences on exchanges give reason to be critical of Bitcoin price movements. Woo: I’m “highly suspicious” of BTC/USDAs Cointelegraph reported, last week…

The Telegram founder’s unexpected arrest marks a significant development in the ongoing scrutiny of tech leaders amid growing legal challenges facing the crypto industry.

Mark Karpeles — the former CEO of the now-defunct Bitcoin (BTC) exchange Mt. Gox — has received a suspended jail sentence after being found guilty of tampering with financial records. The news was reported by Bloomberg on March 15.The Tokyo District Court has reportedly found Karpeles guilty of mixing his personal finances with those of…

“Around 6% of the U.S. population now use or own crypto, and the trend is growing,” said the report. 106 Total views 1 Total shares A new report from MiQ Digital indicates that demand for cryptocurrency has increased the most in the U.S. states of Hawaii and California in 2021.According to data gathered from Google…

A group of global coffee companies aims to launch a blockchain platform to track coffee using an IBM-developed app by early 2020.Building on IBM Food Trust PlatformFarmer Connect, a tech startup developing farm-to-client traceability tools, has teamed up with the world’s top coffee firms such as Jacobs Douwe Egberts (JDE) and Smucker to apply blockchain…

"It is with a heavy heart that I am writing today to share news about team restructuring efforts we are effectuating today," wrote CEO and co-founder Michael Wagner. 181 Total views 1 Total shares Solana game developer Automata (ATMTA) will undergo "a significant headcount reduction" to preserve its ability to develop Star Atlas. After the…

The Sept. 28 earnings report is being called the most important event of the year for the stock market.