SEC Chair wishes Bitcoin a ‘sweet sixteen’ for white paper anniversary
In an interview with Bloomberg, Gary Gensler suggested he had no plans to alter the SEC’s course on its “regulation by enforcement” approach to crypto.
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Philly t-shirt company allocates $1M of its cash reserves to BTC / ETH
Roughly 30% of the $1 million has already been put toward crypto purchases. 684 Total views 6 Total shares RushOrderTees, a t-shirt printing and embroidering company, intends to buy $1 million worth of crypto with its cash reserves, according to a recent announcement. “The company has so far purchased $300k in Bitcoin and other cryptocurrencies over…

Emi̇n Gün Si̇rer on Rethinking Blockchain, Promoting Good Crypto Use and Leaving Stagnation Behind
This interview has been edited and condensed.The co-director of the Initiative for Cryptocurrencies and Smart Contracts (known as IC3), Emin Gün Sirer, is an associate professor at Cornell University, whose research focuses on peer-to-peer systems, operating systems, distributed systems and computer networking. He is one of the most influential scientists within the crypto and blockchain…

Bitcoin price falls toward range lows, but data shows ‘whales going wild right now’
Traders say Bitcoin is at risk of a sell-off to $65,000, but one analyst says a key price metric shows “whales going wild right now.” 10058 Total views 11 Total shares Bitcoin price extended its decline on March 28, falling for a fourth consecutive day to paint an intra-day low of $83,387. BTC’s (BTC) decline

Crypto Hedge Funds Saw 46% Loss in 2018 Bear Market, PwC Report Says
The 2018 cryptocurrency bear market cost the median crypto hedge fund almost 50%, a new survey headed by PwC revealed on May 12.According to the findings, around 150 cryptocurrency hedge funds survived last year, which saw bitcoin (BTC) falling from $20,000 to just $3,000.Of those, the median loss came in at 46%, while quantitative funds…

Coinbase CEO on its Wells Notice: SEC is like soccer referees in a game of pickleball
Brian Armstrong made the interesting analogy when asked to explain the firm's recent "Wells Notice" in "NFL terms." 358 Total views 3 Total shares Own this piece of history Collect this article as an NFTBrian Armstrong, the CEO and co-founder of crypto exchange Coinbase has compared the Securities and Exchange Commission (SEC) to “soccer refs”…

July crypto hacks total $266M, WazirX leads losses
July witnessed $266 million in cryptocurrency losses from 16 attacks, with WazirX being the largest victim of North Korean hackers.

Amex CEO hints at exploring ways to allow credit card holders to redeem points for crypto
“We’re exploring other ways, potentially, to redeem your membership rewards points, but I don’t think you’re going to see an American Express card linked to cryptocurrency anytime soon," said Stephen Squeri. 241 Total views 13 Total shares American Express credit card holders may one day be able to redeem points for cryptocurrencies, but the company…

Forget BTC Price, It’s Now Possible to Trade Bitcoin Hash Rate Futures
FTX debuts a product which delivers quarterly settlements based on Bitcoin’s hash rate, calculated using the average difficulty. 1784 Total views 39 Total shares Bitcoin (BTC) holders now have a new tool to leverage the largest cryptocurrency’s growing ecosystem as two new futures markets go live. In a blog post on May 15, derivatives platform FTX…