Square Expands Cash App Bitcoin Service to All 50 US States
Residents in all 50 U.S. states can now use Square’s Cash App to buy and sell bitcoin, the company has announced.
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The Terra Stablecoin Is Partnering With a South Korean Fashion Market
news Singapore-incorporated, South Korea-focused stablecoin creator Terra has signed a major Korean B2B platform to its alliance of internet marketplaces. According to a report on Econonews, a local financial website, Terra has agreed to work with Sinsang Market, a company that links vendors at Seoul’s Dongdaemun fashion market with customers in Korea and elsewhere in…
Canaan’s Post-IPO Stock Plunge Reveals Sales Slump, Price War With Bitmain
Dec 17, 2019 at 21:00 UTCUpdated Dec 17, 2019 at 21:14 UTCCryptocurrency mining computer-maker Canaan Inc. may have picked the worst time for its initial public stock offering, which valued the company at $1.3 billion.The stock price has declined in all but four of the first 17 trading sessions since the Hangzhou-based company’s Nov. 21…
Bitcoin Prices See Wild Trading as Trump Plans to Establish BTC as U.S. Strategic Asset
Bitcoin (BTC) price volatility boomed as former U.S. President Donald Trump's speech at Bitcoin 2024 in Nashville. Trump unveiled plans to make a "strategic national bitcoin stockpile" if elected, which was in line with the market expectations heading into the speech. In the lead-up to Trump's comments, the digital asset rose above $69,000 on Saturday.
Supposed AI-Based Crypto Token Using Musk’s Image Targeted by Texas Securities Board
Jack Schickler is a CoinDesk reporter focused on crypto regulations, based in Brussels, Belgium. He doesn’t own any crypto.Texas and other U.S. state financial regulators have ordered a crypto "investment scam" purporting to use artificial intelligence (AI) to cease all activity in an order from Wednesday.The scheme operated by Horatiu Caragaceanu, The Shark of Wall…
Marvel Studios Founder Says Web3 Has ‘Same Seed’ of His Early Marvel Days
AUSTIN, Texas – The early days of Marvel Studios, self-funded and independent from Hollywood’s main production houses, reminds David Maisel of these early days of Web3, the visionary behind the Marvel Cinematic Universe said on stage at the Consensus 2023 festival on Friday.Maisel recently launched Mythos Studios, which minted the Ekos Genesis Art Collection earlier…
BitMEX Chiefs Looted More Than $440M From Exchange After Finding Out About Probes, Suit Alleges
Oct 31, 2020 at 21:46 UTCUpdated Oct 31, 2020 at 22:10 UTCArthur Hayes, CEO of HDR and BitMEX, at CoinDesk Consensus 2018.(CoinDesk archives)The top officers of HDR, the parent company of crypto trading platform BitMEX, which has been charged with facilitating unregistered trading and other violations, systematically looted $440,308,400 from HDR accounts, a civil lawsuit…
Analysts Are Gloomy About Bitcoin’s Short-Term Price Outlook Right Now
Some are now forecasting an extension of Monday's 20% price drop as more bitcoin moves onto exchanges and institutional demand cools.Bitcoin prices over the last 24 hours(CoinDesk 20)Jan 13, 2021 at 12:13 p.m. UTCUpdated Jan 13, 2021 at 12:34 p.m. UTCAnalysts Are Gloomy About Bitcoin’s Short-Term Price Outlook Right NowThe near-term outlook for bitcoin has…
3AC Founders’ OPNX Exchange Formally Reprimanded by Dubai Crypto Regulator
Jack Schickler is a CoinDesk reporter focused on crypto regulations, based in Brussels, Belgium. He doesn’t own any crypto.OPNX, a bankruptcy claims exchange set up by the founders of collapsed hedge fund Three Arrows Capital (3AC), has been formally reprimanded by Dubai's crypto regulator for operating an unregulated exchange, according to an official notice.The letter…