Y Combinator’s New China Chief Is Bullish on Blockchain

Mar 12, 2020 at 19:00 UTCUpdated Mar 12, 2020 at 19:01 UTCCOVID-19 is rapidly changing people’s day to day lives across the globe. China has instituted large-scale lockdowns on travel, quarantining whole cities, while France has banned large gatherings, and the U.S. has taken moves to allow huge sections of the workforce to work from…

Bitcoin (BTC) was higher by 3% on Monday, reaching above $27,000 for the first time in over two weeks, giving a minor boost to the mining stocks.Hut 8 Mining (HUT) was one of the largest gainers, advancing 6.5% as it also announced final Canadian regulatory approval for its merger with USBTC.Peers Riot Platforms (RIOT) and

Non-fungible token (NFT) artist FEWOCiOUS has teamed up with Adidas Originals on a new digital NFT release linked to real-life sneakers.According to the drop's website, the Adidas Originals x FEWOCiOUS collection is a "harmonious collision of perspectives" that includes an NFT and an artist-designed physical Adidas Originals Campus 00’s sneaker. Beginning on June 22, a…

Just hours after all wanna-be bitcoin ETF issuers finished revealing how much they'll charge investors who own the products, some are cutting their planned fee – a sign of just how brutal the battle to accumulate assets will be if these products get approved this week.But Grayscale, which already offers a bitcoin investment product the

Grayscale Investments in conjunction with NYSE Arca has filed for approval from the U.S. Securities and Exchange Commission (SEC) to convert the Grayscale Ethereum Trust (ETHE) to a spot ethereum exchange-traded fund (ETF).Grayscale’s Ethereum trust is the largest ether investment product in the world, with almost $5 billion in assets under management.“At Grayscale, our unwavering

Dec 8, 2020 at 2:48 p.m. UTCUpdated Dec 8, 2020 at 3:13 p.m. UTCSquare to Support Greener Bitcoin Mining as Part of Zero-Carbon PledgeSquare intends to support the use of renewable energy in bitcoin mining with a new Bitcoin Clean Energy Investment Initiative, and it’s dedicating $10 million to the effort. Announced Tuesday, the company…

Dec 8, 2019 at 00:26 UTCUpdated Dec 8, 2019 at 00:32 UTCIstanbul image via Shutterstock Ethereum’s Istanbul Hard Fork Is Now LiveEthereum has successfully completed the Istanbul hard fork.Hitting at block number 9,069,000, the systemwide upgrade is the network’s third in 2019, following February’s St. Petersburg and Constantinople hard forks. The months-long process culminated at…

Will Canny is CoinDesk's finance reporter.Coinbase (COIN) will remain weighed down by high levels of uncertainty, until crypto regulations are better established in the U.S., Wall Street giant Citi (C) said in a research report on Monday.The bank cut its rating on the stock from buy to neutral and cut its price target to $65…

Bitcoin has rallied nearly 15% in the past 24 hours. Ether hits $1,200. Bitcoin bulls push price back to $40,000 on Thursday.Jan 14, 2021 at 3:52 p.m. UTCUpdated Jan 14, 2021 at 4:02 p.m. UTCBitcoin Price Briefly Revisits $40,000 as Bulls Pare Week’s LossesBitcoin briefly broke above $40,000 again Thursday morning as the market reversed…