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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Bitcoin News Roundup for July 23, 2020
Jul 23, 2020 at 16:00 UTCBitcoin News Roundup for July 23, 2020With bitcoin (BTC) finally breaking out and ether (ETH) up even more, CoinDesk’s Markets Daily is back with another crypto news roundup. For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.…
Binance CEO Teng Says Nigeria Must Release ‘Beloved Colleague’ Gambaryan
Binance CEO Richard Teng called on the Nigerian government to release Tigran Gambaryan, head of the crypto exchange's Financial Crime Compliance team, who flew to the country in February for talks on regulatory supervision."As you may be aware, one of our beloved colleagues, Tigran Gambaryan, continues to be held by the government in Nigeria for
BlackRock CEO Larry Fink Seeing Client Demand for Crypto ‘Around The World’
Clients across the globe are talking about “the need for crypto,” said Larry Fink, CEO of asset management giant BlackRock (BLK).Appearing on Fox Business on Monday hours after a false rumor about SEC approval for BlackRock’s spot bitcoin ETF sent prices sharply higher, Fink said he couldn’t speak about the application process.Fink, however, did opine
University of Nicosia Lets Students Become ‘Masters of the Metaverse’
Cyprus-based University of Nicosia (UNIC) is introducing a masters program to teach students design and management in the metaverse.According to a press release, the Masters of Science (MSc) in Metaverse degree is an interdisciplinary program encompassing various fields contributing to metaverse development including architecture, finance, policy, social science and more.The program, which runs over the…
Former FTX, Alameda Executives to Start New Crypto Exchange: WSJ
Two former colleagues of recently convicted Sam Bankman-Fried are building a new crypto exchange just days after their former CEO was found guilty on seven charges of fraud.FTX’s former general counsel, Can Sun, and former Alameda Research software developer Armani Ferrante have teamed up to start Trek Labs, a Dubai-based company that recently obtained a
Futures Traders Aren’t as Bullish This Time Around as Bitcoin Price Revisits $12,000, Data Indicates
Oct 21, 2020 at 01:40 UTCBitcoin price and historical funding rates from includes funding rates from Binance, Bitfinex, BitMEX, and Deribit since July 2020Futures Traders Aren’t as Bullish This Time Around as Bitcoin Price Revisits $12,000, Data IndicatesCryptocurrency traders showed significantly less enthusiasm as bitcoin traded at $12,000 Tuesday compared to when bitcoin reached the…
Hong Kong Starts New Phase of CBDC Testing
The Hong Kong Monetary Authority (HKMA) has kicked off the second phase of its central bank digital currency (CBDC) pilot, the e-HKD, the regulator said Thursday.The central bank will continue testing from the first phase and explore new applications of a digital version of the Hong Kong dollar. The HKMA completed Phase 1 of the