Satoshi Square: How Bitcoin Took Over a Park (And Then the World)

Nov 28, 2019 at 08:00 UTCUpdated Nov 28, 2019 at 07:37 UTCBitcoin has been sliding amid a lack of capital inflows, raising questions about the future for bitcoin in the long-term.Some analysts argue the nascent market has a long way to go before reaching maturity, as seen in traditional markets, where smoothed volatility and liquidity…

The number of short orders placed on ether (ETH) reached a new all-time high during Friday's trading session, according to data from the cryptocurrency exchange Bitfinex. At approximately 10:00 UTC Friday, the number of shorts placed on ETH/USD, the world's second largest cryptocurrency by market capitalization, surpassed the prior mark of 202,854 to ultimately reach…

Changpeng “CZ” Zhao on Thursday denied that he is the owner of CommEX, the mysterious company that has bought Binance’s business in Russia.Binance, of which CZ is founder and chief executive officer, this week announced it was quitting Russia after reports of a U.S. Department of Justice investigation into sanctions violations.That led to questions around

Aliaksandr Klimenka was arrested in Latvia and has appeared in a San Francisco court to face U.S. money-laundering charges.He and others are accused of laundering more than $4 billion tied to criminal activity until 2017.One of the men behind BTC-e, a now-defunct crypto exchange once popular with cybercriminals and money launderers, has been arrested and

Floki developers will today launch a tokenization platform dedicated to the rising real-world asset (RWA) segment in an effort to position the former memecoin project as a serious DeFi contender.Called TokenFi – with token (TOKEN) as the native digital asset – the platform lets users launch any cryptocurrency without writing code. Users can then raise

news The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) has sanctioned three Chinese nationals and their cryptocurrency addresses, alleging they violated money laundering and drug smuggling laws. OFAC named Xiaobing Yan, Fujing Zheng and Guanghua Zheng as narcotics traffickers under the Foreign Narcotics Kingpin Designation Act, freezing any property they own within the U.S. and…

news Ria Money Transfer, a subsidiary of U.S.-based payments firm Euronet Worldwide, has joined Ripple’s blockchain-based payments network seeking faster cross-border payments. In an announcement Wednesday, Ripple said that RippleNet will help Ria settle transactions with “increased speed, transparency and efficiency.” Customers stand to benefit too, it adds, with end-to-end tracking, improved visibility into fees and details…

Yesterday, the company behind the Sam Altman-fronted Worldcoin project announced it had raised $115 million dollars in venture capital. The raise looks like an atavistic last gasp for the kind of prestige-driven, slot-machine structured Silicon Valley fundraising fostered by a decade of cheap money. Because whether on ethical or financial grounds, there seems little rational…

Sep 18, 2020 at 00:49 UTCUpdated Sep 18, 2020 at 01:19 UTCOn bitFlyer Japan, Bitcoin Rewards Program Hits New RecordThe number of monthly users who earned T-Points, or loyalty points, for bitcoin (BTC) payments on the bitFlyer exchange in Japan reached a record high in August. The two companies partnered to offer rewards to customers…