OKEx Confirms $9M Clawback After ‘Enormous’ Bitcoin Futures Position Fails

Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Eliza Gkritsi is CoinDesk's crypto mining reporter based in Asia.Oliver Knight is a CoinDesk reporter based between London and Lisbon. He does not own any crypto.Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April…

Dec 10, 2019 at 15:32 UTCUpdated Dec 10, 2019 at 16:32 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. It’s apt that Nic Carter’s favorite book is Candide, a satirical novella published during the age of enlightenment.…

Sam Tabar is Chief Strategist for Bit Digital, a Bitcoin mining company listed on NASDAQ (BTBT).Remember the days when bitcoin (BTC) mining difficulty was still in the single-digit billions, there were almost as many bitcoins to be mined as there were in circulation and you could run a massively profitable operation with a rig of…

Feb 14, 2020 at 11:00 UTCViewBitcoin’s short-term and long-term daily moving averages look likely to converge soon, opening up the potential for a daily golden cross, a bullish pattern not seen for nearly 10 months.The 14-day relative strength index is registering near overbought conditions, a possible sign of buyer exhaustion that may see a short-term…

Sep 25, 2020 at 08:23 UTCUpdated Sep 25, 2020 at 08:24 UTCFederal Reserve Board Governor Lael Brainard (Federal Reserve/Wikimedia Commons)Lael Brainard, a member of the Federal Reserve board of governors, could be Joe Biden’s top pick for the Treasury secretary role if he should win this year’s presidential election.According to a report from Bloomberg Thursday,…

The patent, originally filed last week, would allow players of Sony products such as its flagship Playstation to have an interoperable Web3 gameplay experience. Gamers would be allowed to transfer in-game assets between devices such as virtual reality (VR) headsets, tablets, computers and smartphones. The patent application also noted that “In some examples, the NFT…

Jul 15, 2020 at 10:00 UTCA Revolut card (Kay/Unsplash)Revolut customers in 49 U.S. states can now buy, hold and sell bitcoin (BTC) and ether (ETH) on the digital bank’s crypto platform.  The British fintech firm entered the U.S. in March and waited until it had already established its core products in the country before launching…

Visa has finalized the testing for a process that would allow users to pay the on-chain gas fees in fiat currency through card payments, the company wrote in a blog post on Thursday.The payments giant said blockchain technology could “shape the future of money movement” and has gained significant adoption in the past few years.…

news Bitcoin has set a new price high for 2019, reaching as high as $11,304 today before conceding a short-term period of profit taking. At 21:00 UTC on June 23, the world’s largest cryptocurrency by market capitalization shot upwards on the daily chart, cementing a new high beyond June 22’s peak of $11,215. The move…