Square Sees Profits from Bitcoin Sales Double in Q2
Mobile payments firm Square says it made $37 million in total from bitcoin purchases in Q2, with profits being twice that of the previous quarter.
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Decentralized Governance in the Wild – Lessons From the KuCoin Hack
Oct 12, 2020 at 19:22 UTCUpdated Oct 12, 2020 at 19:33 UTCDecentralized Governance in the Wild – Lessons From the KuCoin HackBlockchain-based networks provide a unique and unprecedented opportunity to experiment with new forms of organization – both organization of information and software processes as well as governing human action. But nobody ever said creating…

Coinbase Reportedly Warns Some UK Users It’s Handing Their Details to the Taxman
Oct 2, 2020 at 14:15 UTCUpdated Oct 2, 2020 at 14:42 UTC(Images_of_Money's/Wikimedia Commons)Coinbase has told some of its users it is passing their details onto the U.K. tax authority, HMRC. As first reported by Decrypt, the popular crypto exchange emailed some users saying that as part of a deal with HMRC, it must provide records…
First Mover Americas: Bitcoin Reclaims $62K, Bulls Revisit $100K Target
This article originally appeared in First Mover , CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day . Latest Prices CoinDesk 20 Index: 1,961 +3.6% Bitcoin (BTC): $60,680 +5.8% Ether (ETC): $2,636 +7.7% S&P 500: 5,319.31 +2.3% Gold: $2,468 +1.9% Nikkei 225: 35,025

Bitcoin Gold
24H Low$69.2124H High$74.41PriceMarket Stats24H Average Transaction Fee$0.013660About Bitcoin GoldBitcoin Gold is the result of a hard fork of Bitcoin on October 24th 2017 with the intention to reform the mining process to reduce centralization of large businesses by changing the mining algorithm. The end result reduces the advantage of large holders of capital and specialized…

Owner of Crypto Exchange RG Coins Gets 10 Years in Prison for Laundering $5M
The 53-year-old Bulgarian national was convicted for laundering funds via cryptocurrency for a fake online auctions gang.(Txking/Shutterstock)Jan 13, 2021 at 9:47 a.m. UTCOwner of Crypto Exchange RG Coins Gets 10 Years in Prison for Laundering $5MThe owner and manager of cryptocurrency exchange RG Coins has been handed a lengthy prison term for his involvement in…

FTX Owner Alameda Invests 7-Figure Sum Into Rival Quant Trading Firm
Alameda Research, the owner of the Binance-backed derivatives exchange FTX, has invested more than $1 million into crypto quant trading firm Folkvang – which is one of Alameda's competitors. Alameda confirmed Monday it had made a seven-figure investment into Folkvang, a new quant trading and liquidity provider based in Hong Kong. The first from an…

Polygon Co-Founder Jaynti Kanani Steps Down
Co-founder of Ethereum layer 2 Polygon Jaynti Kanani has said he is stepping back "from the day-to-day grind" of working on the network.Kanani, who founded Polygon in 2017 alongside Sandeep Nailwal and Anurag Arjun, announced his plans in a post on X (formerly Twitter) on Wednesday, saying he "decided to step back" about six months

Overstock’s Medici Ventures Leads $7 Million Round for Blockchain Voting Startup
news Blockchain-based mobile voting platform Voatz has raised $7 million in a Series A round led by Overstock’s Medici Ventures and Techstars. Urban Innovation Fund and Oakhouse Partners also participated in the funding, according to an announcement provided to CoinDesk Thursday. Voatz said it will use the investment to develop the accessibility and usability of its…