Judge Issues Default Judgment in ICO Fraud Lawsuit

MIAMI BEACH, Florida – The Bitcoin-focused payments firm Strike is expanding its app to more than 65 countries from the current base of the U.S., El Salvador and Argentina.Strike CEO Jack Mallers made the announcement on Friday at the Bitcoin 2023 conference in Miami Beach, Florida.The Strike app uses Bitcoin and Lightning – a secondary…

More than $287 million of USDe has been minted within 24 hours of the platform's launch, with the 27% reward calculated on a rolling seven-day basis and subject to change.Users can deposit stablecoins to receive USDe, which can then be staked.The yield is generated by staking ether to a validator and earning 5% on the

Aug 13, 2020 at 17:16 UTCUpdated Aug 13, 2020 at 17:58 UTCBitcoin mining machines (Michal Bednarek/Shutterstock)Canadian bitcoin miner Hut 8 announced its Q2 2020 earnings Thursday, reporting a sharp drop in revenue. However, the rising value of the firm’s bitcoin holdings helped Hut 8 finish the quarter in the black. The publicly traded company mined…

Sage D. Young is a tech protocol reporter at CoinDesk. He owns a few NFTs, gold and silver, as well as BTC, ETH, LINK, AAVE, ARB, PEOPLE, DOGE, OS, and HTR. DYdX, the decentralized platform known for its perpetuals contracts, is now discussing the creation of more subDAOs to make management of the ecosystem even…

Dec 23, 2020 at 6:34 p.m. UTCUpdated Dec 23, 2020 at 6:41 p.m. UTCCamila Russo on Building The Defiant and the Future of DeFiTalk about good timing: In 2017, Camila Russo was on the prowl for a worthy book project. What would be a good subject? What hasn’t been covered? At the time she was a…

Investors in Jito's JTO token could soon start collecting payouts on top of their holdings under a redesign of the major Solana protocol's economic rails. Billions of dollars in crypto value already flow through the network Jito Labs built to make Solana crypto transactions more efficient. Along the way, profit-seeking bots spent billions more in

Dec 4, 2020 at 10:41 p.m. UTCUpdated Dec 4, 2020 at 11:21 p.m. UTCCoin Center Donations Top $100K Worth of Dai Following Anti-Stablecoin Bill ProposalAnti-stablecoin legislation has been a boon for donations to Coin Center, a cryptocurrency think tank and policy advocacy group, with the organization receiving over $100,000 in donations — paid out in…

Dec 13, 2019 at 13:30 UTCUpdated Dec 12, 2019 at 23:36 UTCThis post is part of CoinDesk's 2019 Year in Review, a collection of 100 op-eds, interviews and takes on the state of blockchain and the world. Haseeb Qureshi is a managing partner at Dragonfly Capital, a cross-border crypto venture fund.2019 was a watershed year…

The discount on the Grayscale Bitcoin Trust (GBTC) share price to net asset value narrowed Friday, dropping to a near one-month low a day after investment management giant BlackRock filed for a spot bitcoin exchange-traded fund (ETF).The price of GBTC shares jumped more than 8% over the past 24 hours to near $14, TradingView data…