PayPal Says Venmo Under Investigation in US by Consumer Regulator

"We know that Bitcoin is sort of like the apex predator. Like it's the pristine asset.""There are new experiments coming."There's a buzz around Bitcoin these days, and it's got as much to do with the development taking place on the original blockchain – once seen as a sleepy and ultra-conservative ecosystem compared with Ethereum, and

Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Helene is a U.S. markets reporter at CoinDesk, covering the US economy, the Fed, and bitcoin. She is a recent graduate of New York University's business and economic reporting program.Join the most important conversation in crypto and Web3 taking place…

Sep 14, 2020 at 16:00 UTCUpdated Sep 14, 2020 at 16:26 UTCThe hacker was exposed sometime on Monday. (MichaelMaggs/Wikimedia Commons)DeFi Lender bZx Reclaims $8M Stolen in Sunday’s AttackDecentralized finance (DeFi) lending project bZx has been able to recover about $8 million in cryptocurrency from an attacker who stole the funds after exploiting a code bug…

FTX founder Sam Bankman-Fried should be barred from bringing up artificial intelligence company Anthropic's recent fundraising efforts in his defense against U.S. Department of Justice charges, prosecutors said Sunday.The DOJ has been discussing issues that may be raised during witness testimony in Bankman-Fried's trial, and the parties "have reached agreement on many of these issues,"

news Overstock’s security token platform subsidiary tZERO is growing its leadership team as it prepares to onboard more tokens. Announced Wednesday, the company has hired three new senior managers that will turn tZERO’s leadership structure into one more resembling a corporation than a startup. Firstly, Brooke Navarro, now head of issuance at tZERO, spend almost a…

Feb 26, 2020 at 20:48 UTCUpdated Feb 26, 2020 at 21:20 UTCThe U.S. Securities and Exchange Commission (SEC) rejected Wilshire Phoenix's bid for a bitcoin-based exchange-traded fund (ETF).In a filing posted Wednesday, the securities regulator wrote the New York-based Wilshire Phoenix had not proven the bitcoin (BTC) market is sufficiently resistant to market manipulation. Wilshire,…

Standard Chartered's (STAN) venture arm is teaming up with Japanese financial services firm SBI Holdings to form an investment company with $100 million backing to target crypto startups.SC Ventures and SBI Holdings' Digital Asset Joint Venture investment company will be established in the United Arab Emirates (UAE) and focus on firms in market infrastructure, risk

Ether saw a 10% increase in the last 24 hours, reaching over $2,800, while other cryptocurrencies experienced profit-taking. This surge is linked to optimism around DeFi following Trump's presidential win, where expectations of pro-crypto policies and deregulation are boosting investor confidence. Trump’s potential policies might ease regulatory burdens, allowing DeFi projects more freedom and possibly

A former customer of FTX is suing a hedge fund he sold his bankruptcy claim to. Alexander Nikolas Gierczyk alleges Olympus Peak is reneging on paying an extra amount he says he's owed because the bankruptcy payout is more than expected. A California-based former customer of FTX is suing hedge fund Olympus Peak alleging that