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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Ether Rally Prompts Over $300 Million ETH Inflow to Crypto Exchanges: Nansen
Ether (ETH) holders are sending assets to crypto exchanges at the fastest pace in almost four months following the crypto's rally on increasing anticipation of a U.S. spot exchange-traded fund approval.Blockchain data by Nansen Intelligence shows Tuesday net inflows to exchanges reached 81,840 ETH worth roughly $306 million at current prices, the highest amount in

Malaysian Government, Universities Team to Put Degrees on a Blockchain
NEWS Nov 9, 2018 at 13:10 UTC | Updated Nov 9, 2018 at 13:13 UTC Malaysia's education ministry has formed a new consortium of universities to harness blockchain tech in tackling the massive industry in fake certificates. The Ministry of Education announced in a press release posted on Twitter Thursday, that alongside the new consortium of…

Bitcoin’s Price Snaps Longest Monthly Losing Streak Since 2016
Bitcoin's price rallied 21 percent over the course of July, snapping its first two-month losing streak since 2016.

Ripple Says XRP Lawsuit Based on ‘Unsupported Leaps of Logic’
Jul 31, 2020 at 08:43 UTCBrad Garlinghouse, Ripple CEO, speaks at Davos 2020. (Zack Seward for CoinDesk)Ripple Says XRP Lawsuit Based on ‘Unsupported Leaps of Logic’The lead plaintiff in an ongoing class-action lawsuit accusing Ripple of securities fraud has not demonstrated that statements made by CEO Brad Garlinghouse in 2017 are false, Ripple claims in…

Upbit Receives Preliminary ‘In-Principal’ Approval in Singapore
Leading South Korean cryptocurrency exchange Upbit's Singapore entity has received In-Principal Approval for a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS).The MPI license will allow the exchange to continue offering regulated digital payment token services under the Payments Services Act (PSA), 2019 while awaiting the full approval, the exchange said

ConsenSys Launches ‘Jobs Kit’ to Help Devs Enter the Blockchain Industry
news Ethereum development studio ConsenSys has launched a blockchain “job kit” to guide developers wishing to enter the growing blockchain space. Released Friday, the kit provides a variety of resources, including information on the skills needed to find work as an ethereum blockchain and decentralized application (dapp) developer. JavaScript, Python and Solidity programming languages will…

For DeFi to Flourish, Right-Size the Regulators
Shakespeare wrote in "Henry VI:" “the first thing we do, let’s kill all the lawyers.” If you work in DeFi in 2023, you’ve likely heard similar grumbling directed at regulators. Gary Gensler may as well be the King of France.This op-ed is part of CoinDesk's State of Crypto Week sponsored by Chainalysis. Matt Luongo is the CEO

The Protocol: EigenLayer’s ‘Intersubjective Forking’ Is Objectively Not Done
EigenLayer, the Ethereum "restaking" project that quickly shot to the top ranks of the DeFi leaderboards thanks to so-called airdrop farmers, finally acknowledged plans to launch its own EIGEN token. The terms of the planned airdrop – or "stakedrop" as Eigen Foundation described it – left many traders disappointed, especially those who failed to manage