Man turns $88K into $415M with Tesla, then sues after losing it all
Christopher DeVocht made a large share of his wealth from Tesla options before its share price tanked in 2022, triggering a cascade of problems for the trader.
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BCH, BSV Block Halvings Will Force Miners to Bitcoin (BTC) — Report
Bitcoin (BTC) miners will continue to capitulate due to low prices, but upcoming events for Bitcoin Cash (BCH) and Bitcoin SV (BSV) will fuel the turmoil, says a new forecast.In the latest edition of its State of the Network reports on March 31, Coin Metrics argued that Bitcoin was in a spiral of miner capitulation.…
Coinbase website down as crypto exchange cites ‘system-wide outage’
Crypto exchange Coinbase has suffered a 'system wide' outage, rendering platform unusable.
Ledger hardware wallet expands crypto buying options with Uphold’s Topper
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Fintech Startup Rapyd Raises $100M for Cloud-Based Payment Platform
Fintech-as-a-service startup Rapyd has raised $100 million in a funding round led by venture and growth equity investments firm Oak HC/FT.Per an Oct. 1 press release, Rapyd secured $100 million from investors such as Oak HC/FT, investment companies Tiger Global, Coatue, venture capital firms General Catalyst, Target Global, and Entrée Capital, and online payments processor…
Almost All Top 100 Coins in Red, Bitcoin Holds Weekly Gains After Dipping Below $5,500
Wednesday, April 24 — after hitting new highs for 2019 yesterday, cryptocurrency markets have again reversed to red, with virtually all of the top 100 coins by market cap seeing major losses on the day, according to data from CoinMarketCap.A former entrant of the top 20 coins by market capitalization, ontology (ONT) is seeing the…
Innovation Grant Worth $15 Million to Encourage Asian Blockchain Startups
Singaporean blockchain developers Building Cities Beyond creates an innovation grant to encourage development on its ecosystem. 959 Total views 49 Total shares Building Cities Beyond (BCB) Blockchain, a Singapore based tech solution company for smart cities, has launched an innovation grant, worth $15 million, to encourage development on its ecosystem, according to Fintech News Singapore.This…
Why IBM’s Blockchain Isn’t a Real Blockchain
Stuart Popejoy has 15 years experience in building trading systems and exchange backbones for the financial industry. Prior to сo-founding Kadena in 2016 with Will Martino, Stuart worked at JPMorgan Chase in the new products division, where he led and developed JPMorgan’s main blockchain product, Juno. Stuart also wrote the algorithmic trading scripts for JPMorgan,…
Some US lawmakers want Bitcoin miners to be exempted from proposed crypto taxes
Certain members of Congress want assurances that Bitcoin miners and crypto software developers will not be subject to the newly proposed tax rules. 443 Total views 105 Total shares Lawmakers in the United States have called for caution regarding implementing a proposed tax policy that could have significant implications for America’s crypto space.As previously reported…