FBI, SEC among top agencies requesting data from Kraken in 2024
San Francisco-based Kraken exchange provided information for 57% of the total 6,826 data requests from global regulators and enforcement agencies last year.
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Powers On… It’s been a wonderful life (week): SEC Commissioner Peirce, Bitcoin 2022 and more
In life, there are times when things are going well in your business affairs but not your personal ones. Other times, the things you are doing and enjoying in your personal life are great but your professional or business matters are suffering. Sometimes, you also don’t realize or understand that the good times you are…
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Square Doubles Bitcoin Revenue, Generating $125 Million via Cash App in Q2
Payments company Square has generated $125 million in Bitcoin (BTC) revenue in the second quarter of 2019 through its mobile payments service Cash App.Square released the information in the company’s Q2 2019 shareholder letter on August 1. According to the letter, the company’s Bitcoin revenue benefited in part from the number one cryptocurrency’s price rally…
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Paris Blockchain Week Rescheduled Due to Coronavirus Outbreak
Organizers in Paris have rescheduled a major local blockchain industry event due to the coronavirus outbreak.According to an announcement on March 2, the Paris Blockchain Week Summit — initially meant to take place from March 31 to April 1 — is now expected to take place on Dec. 9–10. The organizers rescheduled the event due to…
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Cambridge and Oxford teams compete in algorithmic crypto trading contest
Teams representing the maths and science departments of the universities of Cambridge and Oxford are competing to design cryptocurrency trading algorithms. 1664 Total views 11 Total shares More than one dozen teams representing the mathematics and computer science departments of Oxford and Cambridge universities are competing to build crypto trading algorithms on major exchanges Coinbase…
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US Bitcoin reserve has pundits in tailspin as Trump inauguration looms
Trump’s term may witness the adoption of a US Bitcoin reserve. Is this the only way forward or a rather large nail in the dollar’s coffin?
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$135B Injection from European Central Bank Dwarfs BTC Market Cap
After similar efforts from the U.S. Federal Reserve on March 10, the European Central Bank, or ECB, announced a $135 billion stimulus — a number that dwarfs Bitcoin’s (BTC) entire market cap.The ECB, in an effort to combat struggling markets, decided not to cut interest rates further. Instead, the central bank announced the allocation of…
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Pfizer Executive: Technology Is ‘Basically Good Enough’ to Ramp Up Production Blockchains
A Pfizer executive has challenged existing theories about slow rates of blockchain adoption — telling the Consensus conference on May 14 that the technology is “basically good enough to have more production blockchains than we have today.”Ken Nessel, senior director of business technology at the pharmaceutical giant, made his comments during the second day of the…
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Altcoins rack up 30% gains as Bitcoin price chases after $39,000
The cryptocurrency market is in a state of confusion on Jan. 31 as many traders view Bitcoin's (BTC) weakness as a sign that a crypto winter is beginning, yet increasing news of adoption and multi-million-dollar financing rounds continue to make headlines on a regular basis. As Bitcoin trades at $38,500, analysts are highlighting the current price action as…