Jack Dorsey leaves board of decentralized social network Bluesky
Jack Dorsey backed and funded Bluesky when he was Twitter’s CEO; now, he’s left the board of the social network, and it’s searching for a replacement.
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Red Cross Deploys Blockchain to Boost Communities’ Economic Resilience
Three national units of the Red Cross — the largest humanitarian donor after the United Nations — are backing a blockchain-based currency scheme to enhance aid delivery and boost local economies.According to a report from the Thomas Reuters Foundation on Nov. 26, the Red Cross societies of Norway, Denmark and Kenya have launched a two-year…
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PayPal, Ernst & Young settle first corporate payment via PYUSD stablecoin
PayPal deepens its push into PYUSD for business transactions, making its first payment using the stablecoin.
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Bitcoin price consolidates in critical ‘make or break’ zone as bulls defend $42K
Analysts express mixed views on BTC’s short-term prospects, but most agree that $42,000 is the level to watch. 1182 Total views 22 Total shares The waiting game continues for crypto traders after Bitcoin (BTC) is once again pinned below resistance at $43,000 and awaiting some spark in momentum that can sustain a rally back to…
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Bitcoin ‘better than gold’ if you study it, fund manager tells mainstream media
Bitcoin (BTC) is superior to gold if investors take the time to study it, says hedge fund manager Anthony Scaramucci.In an interview with CNBC on March 18, Scaramucci, who is CEO of SkyBridge Capital, reinforced his belief in Bitcoin for mainstream audiences.Scaramucci on Bitcoin vs. gold: "The world is changing"With Bitcoin surging in 2021, questions…
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Judge questions if ex-FTX exec perjured himself in guilty plea
At a Sept. 12 hearing, Judge Lewis Kaplan moved up Ryan Salame’s reporting date by two days and considered vacating his guilty plea.
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Bitcoin miner profits get squeezed as hash price drops to lowest since October 2023
After enjoying record profits during Bitcoin’s recent halving, miners now face a sharp decline in hash prices.
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BTC sinks below $40K, Bitcoin inflows to centralized exchanges surge
Bitcoin inflows to centralized exchanges have surged, prompting bearish speculation the crypto markets could be building up to a violent wash-out.Lex Moskovoski, CIO at Moskovoski Capital, shared data showing that 22,917 BTC was transferred onto centralized exchanges in a single hour on May 18. Moskovoski noted the hourly inflow was the largest since the March…