NFL Players Union Strikes Deal to Help Athletes Earn Crypto

Paxos, the startup behind the Paxos Standard (PAX) stablecoin, said it has so far issued a total of $50 million-worth of the U.S. dollar-pegged cryptocurrency since its official launch last month. Dorothy Jean Chang, vice president of marketing and communications for Paxos, announced in a tweet on Monday that in the month since the company rolled…

Meta’s (formerly Facebook) continued efforts in the digital assets industries are being called out by Rep. Maxine Waters (D-Calif.).The congresswoman said in a letter sent Monday to CEO Mark Zuckerberg and Chief Operating Officer Javier Olivan that she is concerned about Meta’s ongoing efforts to expand its footprint into the cryptocurrency industry as it currently

Oct 2, 2020 at 20:15 UTCUpdated Oct 2, 2020 at 20:44 UTCMuch of the bitcoin outflow from BitMEX has gone to three of its competitors.(Shutterstock)U.S. regulatory authorities on Thursday brought a series of civil and criminal charges against BitMEX. Since then more than 41,000 bitcoin were withdrawn from the Seychelles-based crypto exchange. Where did it…

A group of state attorneys general are arguing that the U.S. Securities and Exchange Commission exceeded its authority in suing the crypto exchange Kraken.State law enforcement officials from Montana, Arkansas, Iowa, Mississippi, Nebraska, Ohio, South Dakota and Texas filed a joint amicus brief – or friend of the court filing – in the SEC's suit

news Co-founders of Israeli blockchain firm Orbs are being sued by former partner Elad Arad following the dissolution of his shares in a failed joint venture, Cointree Capital. According to Israeli business media Globes, Arad is suing partners and brothers Uriel and Daniel Peled, Orbs, Cointree Management Microverse, Hexa Labs, and Hexa Solutions following a failed…

Apr 6, 2020 at 14:09 UTCUpdated Apr 6, 2020 at 14:17 UTCBitcoin, Equities Markets Rally on Signs of HopeThe new — and now often-cited — connection between bitcoin and global equities doesn’t just mean they fall together. Sometimes, it means they rally on potentially good news. And that seems to be the case on Monday,…

Jul 14, 2020 at 16:00 UTCBitcoin News Roundup for July 14, 2020With Tax Day fast approaching, CoinDesk’s Markets Daily covers all things IRS and crypto taxes on today’s show! For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS. This episode is sponsored…

news Rhode Island has become the latest U.S. state to add specific money transmitter guidance for crypto firms. According to a report published August 5 from Alston and Bird, an international law firm, any business that accepts fees for currency transmissions, or maintains control over virtual currencies for others will fall under the new law…

Airdrop farmers have expressed their disappointment at Scroll's decision to allocate 5.5% of the total supply to the Binance Launchpool. 15% has been set aside for airdrops, with 7% to be distributed on Oct. 22. Several tokens released on the Binance Launchpool have suffered major declines in asset price shortly after being listed. 01:07 U.S.