FTC Issues Warning on Bitcoin Blackmail Scams

news May was the best month for derivatives giant CME’s bitcoin futures volume since its 2017 launch, as nearly 300,000 contracts were traded in the 31-day period. Average daily volume (ADV) reached more than 13,600 contracts, equal to $515 million notional value or 68,000 equivalent bitcoin, up 27 percent when compared to the month of…

NEWS If past events are a guide, bitcoin (BTC) could in for a recovery rally in the short-term. Following Wednesday’s 10 percent slump, the leading cryptocurrency printed an intraday low of $5,188 on Thursday, before closing largely unchanged on the day (as per UTC) at $5,580. The price swing formed what’s termed a “long-tailed doji”…

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 . Latest Prices 00:52 Ether ETFs Saw Biggest Outflows Since July 01:01 Bitcoin Breaks $64K While Gold Soars 00:56 ETH/BTC Ratio Slid to Lowest Since April

Nov 18, 2020 at 11:09 p.m. UTCMintbase co-founders Carolin Wend and Nate Geier(Mintbase)Mintbase Raises $1M Seed Round to Bring NFTs to NEAR ProtocolBerlin-based non-fungible token (NFT) platform Mintbase has closed a $1 million seed funding round.The round, led by Chinese venture capital firm Sino Global and with participation from D1 Ventures, Block Oracle Capital, Arweave…

news Coinbase Commerce, the cryptocurrency exchange’s merchants payments offering, has added support for the dollar-pegged stablecoin USD Coin (USDC). The development means businesses can now receive payments in USDC from customers “in minutes with zero transaction fees” and no chargebacks, Coinbase announced in a blog post on Monday. “Unlike accepting credit card payments, merchants can accept…

The developer that formalized the code underlying most initial coin offerings (ICOs) – ethereum's ERC-20 token standard – has proposed a new approach in a bid to make the funding schemes more safe for would-be investors. Speaking in Prague on Tuesday at Devcon4, ethereum's annual developer conference, developer Fabian Vogelsteller proposed a "reversible ICO," or RICO,…

Feb 27, 2020 at 01:32 UTCSaeed Muhammad. (Image via Muhammad Hassanzadeh / Tasnim News Agency / Wikimedia Commons)An Iranian general is reportedly calling for the use of cryptocurrency to evade sanctions.Saeed Muhammad, commander of the Islamic Revolutionary Guard Corps' "Army of Guardians of the Islamic Revolution" (or Sepâh for short), a branch of the Iranian…

Feb 26, 2020 at 12:23 UTCCoinbase Wallet users can now send cryptocurrencies to "short human-friendly addresses," as well as ones creating using the Ethereum Name Service (ENS).Product lead Sid Coelho-Prabhu announced Tuesday that Coinbase Wallet now supports customizable walle usernames for sending cryptocurrencies, rather than traditional long-form ones such as "0x89136a83664fa0673930be34463e444260775dc". "We believe these improvements…

Apr 16, 2020 at 19:42 UTCBitGo is looking to become an all-in-one provider for the institutional crypto market, acquiring tax management platform Lumina in its latest step to expand service offerings.BitGo announced Thursday that Lumina would become part of its new institutional-grade tax solution that would plug into the wider platform. Known as "BitGo Tax,"…