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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Metamask, Phantom Wallet Users Targeted in Crypto Phishing Scam: Report
Users of crypto wallets Metamask and Phantom, as well as the crypto swap platform Pancake have been targeted in a crypto phishing scam involving at least half a million dollars being stolen, according to a Check Point Research (CPR) report.CPR said that in the past few days there have been “multiple events” in which hundreds…
2 Arrested in Japan for Obtaining Crypto Linked to Coincheck’s $530M Hack
Mar 11, 2020 at 12:12 UTCUpdated Mar 11, 2020 at 12:40 UTC2 Arrested in Japan for Obtaining Crypto Linked to Coincheck’s $530M HackTwo men have been arrested in Tokyo for obtaining cryptocurrency linked to the massive hack of Japan's Coincheck exchange in 2018.As reported by Jiji Press Wednesday, the men were held by the Metropolitan…
Japan Eyes Regulation of Unregistered Crypto Investment Schemes
news Japan’s financial regulator is reportedly looking to close a legal loophole that lets unregistered investment firms solicit funds in cryptocurrencies rather than cash. According to a report from Sankei Shimbun on Tuesday, Japan’s Financial Service Agency (FSA) is planning revisions to bring such schemes under the country’s Financial Instruments and Exchange Act, although no…
Blockchain Startup Horizen Labs Doubles Target to Raise $4 Million
news Just-launched blockchain technology startup Horizen Labs has raised $4 million in a seed funding round. Participating in the round were VC firms Digital Currency Group (DCG) and Liberty City Ventures, as well as other independent investors. The U.S.-based startup had initially been looking to raise $2 million, but ultimately received double its target amount, it…
Bitcoin’s Halving Is Nothing Like Quantitative Tightening
May 19, 2020 at 19:30 UTC(Credit: The Trustees of the British Museum)Bitcoin’s Halving Is Nothing Like Quantitative TighteningFrances Coppola, a CoinDesk columnist, is a freelance writer and speaker on banking, finance and economics. Her book “The Case for People’s Quantitative Easing,” explains how modern money creation and quantitative easing work, and advocates “helicopter money” to help…
First Mover Americas: Bitcoin Little Changed After Liquidation Rout
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)Top StoriesBitcoin was little changed over the weekend following a $400 million liquidation rout on Friday. BTC fell to under $69,000 from over $71,000 after U.S. non-farm
When Bitcoin ETF? Not Any Time Soon, But Maybe by 2020
news For the first time in more than a year, there are no active bitcoin exchange-traded fund (ETF) proposals pending before the U.S. Securities and Exchange Commission (SEC). Money manager VanEck, financial services firm SolidX and Cboe BZX Exchange withdrew a highly-anticipated proposal Tuesday, citing an ongoing U.S. government shutdown as the reason. The proposal, first…
Crypto Political Group Fairshake Targets California Democrat Sen. Katie Porter
U.S. Rep. Katie Porter, a prominent Democrat progressive from California, has a crypto target on her back as one of the industry's leading campaign-finance organizations opposes her with ads.Porter's campaign said that billionaires and corporate interests are trying to rig the March primary election with misinformation. The U.S. crypto industry's most prominent campaign-finance organization, Fairshake