Jack Dorsey, Jay-Z Put 500 Bitcoin Into Trust Supporting Africa and India

Jul 14, 2020 at 09:00 UTCUpdated Jul 14, 2020 at 09:02 UTCBank of England. (Aslysun/Shutterstock)The U.K.’s central bank is discussing the possibility of launching a digital currency, according to its chief. Speaking during an online event, Bank of England governor Andrew Bailey told a group of U.K. students on Monday his institution was having talks…

Bitcoin mining firm Fortress Technologies has ordered 4,500 Bitmain Antminer S19j Pro machines as it seeks capture a greater share of mining revenue.The purchase will more than triple Fortress’ hash rate from 195 petahash per second to 645 PH/s, the firm announced Monday.The machines are scheduled for delivery in monthly instalments from April to September…

Jul 23, 2020 at 16:05 UTC1908 photograph of a vault door (Cleveland Trust Company, modified by CoinDesk using PhotoMosh)Blockchain Bites: OCC’s Crypto Letter, Eth 2.0’s ‘Official’ Testnet and Dinwiddie’s Tokenized AirballThe OCC will allow banks to custody crypto, Visa has a digital currency playbook and a digital dollar is essential to America’s economic edge, said experts…

Ethereum, a paramount blockchain due to its programmability and sprawling ecosystem of layer-2 networks, is getting a new dimension: time. Smart Transactions (STXN), a new project from Vlad Zamfir, who pioneered Ethereum's proof-of-stake blockchain system, released on Wednesday a platform that will enable applications to execute transactions based on future events. 00:56 Len Sassaman-Themed Memecoins

Andreessen Horowitz's (a16z) predictions for next year’s top crypto trends don’t mention Bitcoin at all. They’re not alone; with all the hype around burgeoning ecosystems on Ethereum and Solana, it’s easy to write Bitcoin off as old, obsolete and boring.This post is part of CoinDesk's "Crypto 2024" predictions package. Matt Luongo is the CEO of

Silvergate Capital’s 3Q net income rose 12% to $23.5 million, or 88 cents a share, topping the FactSet estimate of 71 cents.Average digital currency deposits grew to $11.2 billion from $9.9 billion in the second quarter.The increase was accompanied by a growth in digital currency customers to 1,305, compared with 1,224 at the end of…

Nov 25, 2020 at 8:00 p.m. UTC(lisafx/iStock via Getty Images Plus)The Most Bullish Bitcoin Arguments for Your Thanksgiving TableThis year, come prepared to explain the asset that has everyone from famous financiers to political dissidents talking about a money revolution.For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple…

news Police in eastern China busted a bitcoin mining operation following a surge in local electricity usage, according to a wire report from Agence France-Press. The police, who confiscated 4,000 “mining devices,” allege the mining farm misappropriated nearly 20 million yuan ($3 million) in electricity costs. The investigators learned of the theft from a local…

The DJT token, previously said to be associated with Donald Trump and his son Barron, plummeted 90% after a single wallet sold $2 million worth in one transaction, reducing its market cap to $3 million from $55 million. Previously, Martin Shkreli, known as "Pharma Bro," had claimed he helped Barron Trump create the token and