Square Sees Profits From Bitcoin Sales Double in Q2

Fijian archipeligo (NASA, modified by CoinDesk)The Digital Archipelago: How to Build an Internet Where Communities ThriveThe internet of today isn’t the independent territory it was originally imagined to be. For ordinary people “the internet” is just a bunch of apps made by giant companies. These companies do whatever they want with your data, disappear when…

Aug 12, 2020 at 10:00 UTCUpdated Aug 12, 2020 at 10:10 UTC(Mika Baumeister/Unsplash)The Linux Foundation, which supports open-source innovation in blockchain tech, launched the Linux Foundation Public Health Initiative (LFPHI) at the end of July. The LFPHI’s goal is to promote the use of open source by public health authorities, which can be scrutinized by…

Even if poor results can happen with a sound thesis (maybe an unexpected event changes conditions), what matters is the extent to which those individuals or institutions can sway markets by their mere presence. Like a large ocean vessel, large capital flows often take other things with it, even if they are moving toward an…

GATHER 'ROUND: Casa CTO Jameson Lopp addresses the virtual attendees of the MIT Bitcoin Expo. (Image courtesy of Udi Wertheimer)Human frailty knows no bounds – even the virtual ones.I attended a virtual reality meetup hosted by bitcoin advocate Udi Wertheimer on Sunday for the MIT Bitcoin Expo. Instead of jaunting up to Cambridge for the…

news Rachel-Rose O’Leary is a reporter at CoinDesk, covering how cryptocurrencies are being used in areas of economic, social and political unrest. This article is part of her ongoing dispatches from Rojava, Syria.  “Crypto-colonist.” “Neo-fascist.” These are two of the more critical responses to my relocation to North Syria, also known as Rojava, to assist…

MARKETS While the bitcoin (BTC) market is still predominantly bearish, seller exhaustion near $3,500 may be paving the way to stronger corrective bounce. The largest cryptocurrency by market capitalization printed a 14-month low of $3,474 on Monday, having revived the long-term bear market with a convincing move below the crucial 21-month exponential moving average (EMA)…

The woman allegedly presented a sum of over $5,000 in bitcoin to a dark web admin as proof she could afford the hit.(Mycteria/Shutterstock)Feb 9, 2021 at 9:58 a.m. UTCU.S. Woman Charged Over Attempted Dark Web Murder-for-Hire Paid With BitcoinA Wisconsin woman has been charged for trying to solicit a murder over the dark web paid for…

news Cryptocurrency exchange Coinbase is said to be in talks to acquire the human assets of Omni, a Ripple-backed rental and storage firm. According to a report from TechCrunch this weekend, Coinbase may grab Omni’s engineering team to further develop its Coinbase Earn product. Coinbase told the tech news site no deal is on the…

Robert Liu, a member of the board of Hong Kong-based BitGlobal, spoke to CoinDesk in an interview. Liu defended Tron founder Justin Sun's role as an advisor to the project, arguing that the blockchain he founded is trusted by holders of tens of billions of Tether's stablecoin, USDT. The business plan for WBTC is to