Bitcoin Miner Core Scientific Gets $100M Equity Financing Despite Bear Market

Posted: 21 Jul 2022 03:06 PM PDT

The miner has the right but no obligation to sell the shares to investment bank B Riley.

My Big Coin Founder Convicted of Defrauding Investors of More Than $6M

Posted: 21 Jul 2022 03:06 PM PDT

Randall Crater was found guilty of peddling a cryptocurrency scam.

Market Wrap: Bitcoin Stalls at $23K but Sits Above Cost for Average Investor’s Purchase Price

Posted: 21 Jul 2022 01:30 PM PDT

Bitcoin investors are back in positive territory, although trading ranges have narrowed.

What Tesla’s Big Bitcoin Sale Means for Other Firms Putting Crypto on Their Balance Sheets

Posted: 21 Jul 2022 01:28 PM PDT

Corporations are likely to remain cautious on adding bitcoin to their corporate treasuries, but not because of Tesla's move.

Exchange brasileño Mercado Bitcoin lanzará operaciones en México este año, según CEO

Posted: 21 Jul 2022 12:23 PM PDT

Su compañía matriz 2TM levantó $200 millones de SoftBank un año atrás con la idea de expandirse en América Latina.

Bit2Me compra al exchange peruano Fluyez y planea más adquisiciones en América Latina

Posted: 21 Jul 2022 12:05 PM PDT

Tras la adquisición de una participación mayoritaria en Fluyez, la empresa busca oportunidades de compra en Chile, Colombia y Uruguay.

Venture Capital Firm NFX Adds $62.6M in Follow-On Investments, Including Crypto Companies

Posted: 21 Jul 2022 12:05 PM PDT

The venture capital will double down on high-conviction portfolio companies like crypto's Ramp, Radicle and Celestia.

DeFi Incubator Cumberland Lab Comes Out of Stealth Mode

Posted: 21 Jul 2022 11:40 AM PDT

The growing Singapore-based Web3 lab will have 25 staffers by week's end.

Coinbase Criticizes SEC for Ineffective Cryptocurrency Regulations

Posted: 21 Jul 2022 11:24 AM PDT

The exchange filed a petition to the commission highlighting its complaints about the current regulatory framework.

Jason Calacanis Is Right About ‘Grifting’ Crypto VCs (but Confused)

Posted: 21 Jul 2022 11:21 AM PDT

The famed podcaster and angel investor draws the line at naming his friends.

Crypto Layoffs: OpenSea,, Coinbase, Gemini Among Firms Forced to Make Mass Job Cuts

Posted: 21 Jul 2022 11:20 AM PDT

As a bear market sweeps the crypto industry, CoinDesk is keeping a running list of industry players that have been forced to cut back on staff.

Zipmex Confirms Loans Worth $53M to Babel and Celsius

Posted: 21 Jul 2022 11:05 AM PDT

SEC Calls 9 Cryptos 'Securities' in Insider Trading Case

Posted: 21 Jul 2022 10:47 AM PDT

The SEC and DOJ brought insider trading charges against three people Thursday, but assertions that nine cryptocurrencies are securities may hold greater implications.

Commons Foundation Signs 100MW Deal for Crypto Mining in Paraguay

Posted: 21 Jul 2022 09:40 AM PDT

The South American country with abundant hydropower wants to attract bitcoin miners.

Brazilian Crypto Exchange Mercado Bitcoin to Launch Operations in Mexico This Year: Report

Posted: 21 Jul 2022 09:39 AM PDT

The company's parent 2TM raised $200 million from SoftBank one year ago with an eye towards expanding across Latin America.

Decentralized Crypto Exchange Hashflow Raises $25M at $400M Valuation

Posted: 21 Jul 2022 09:18 AM PDT

The platform uses an asset pricing model that offers interoperability, lower fees and no slippage.

Banco Central Europeo sube tasa de interés 50 puntos básicos pero bitcoin se mantiene estable

Posted: 21 Jul 2022 09:18 AM PDT

Es probable que el Banco Central Europeo muestre una salida de la política de tasas de interés negativas. Eso no afectará el atractivo de invertir en alternativas al dinero fiat como las criptomonedas, dijo una analista.

Ex-Coinbase Manager Among 3 Arrested on Crypto Insider Trading Charges

Posted: 21 Jul 2022 08:22 AM PDT

The U.S. Department of Justice arrested former Coinbase product manager Ishan Wahi and charged two others on charges of insider trading.

Tribal Groups in Remote Indian Area Get Blockchain Caste Certificates

Posted: 21 Jul 2022 08:16 AM PDT

Caste certificates, critical to India's targeted welfare schemes, in one district where tribals are 80% of the population, will be distributed today. The crypto project is the brainchild of Shubham Gupta, 28, an officer of the extremely-difficult-to-qualify-for Indian Administrative Services, who use to work in his father's shoe shop in a remote area of India as a 15 year old.

DeFi Analytics Manager Zapper Adds NFT and DAO Dashboards

Posted: 21 Jul 2022 07:00 AM PDT

The on-chain analytics platform known for its DeFi chops is expanding into the world of NFTs and DAOs.

First Mover Americas: ECB (Finally) Exits Negative Rates as Bitcoin Digests Tesla Sales

Posted: 21 Jul 2022 06:54 AM PDT

The latest price moves in bitcoin (BTC) and crypto markets in context for July 21, 2022.

Vitalik Buterin Discusses Ethereum's Upcoming 'Merge' and 'Surge' at EthCC in Paris

Posted: 21 Jul 2022 06:31 AM PDT

The Ethereum co-founder spoke to attendees at the annual Ethereum Community Conference in Paris on Thursday afternoon.

Bitcoin Nonprofit ₿trust Launches Africa Open Source Cohort; Names First Developer

Posted: 21 Jul 2022 06:07 AM PDT

Jack Dorsey and Jay-Z funded Bitcoin non-profit welcomes its founding member Vladimir Fomene. He will contribute to the Bitcoin Development Kit and the Swahili Wordlist.

ECB Exits Negative Interest Rate Policy With 50 Basis Point Hike; Bitcoin Steady

Posted: 21 Jul 2022 05:51 AM PDT

The ECB's first rate hike comes four months after the Fed kicked off its tightening cycle, sending risk assets lower.

The Case for Investing in Bitcoin During Crypto Winter

Posted: 21 Jul 2022 05:50 AM PDT

Bitcoin still has an important role in a diversified portfolio

How Two Asset Managers Are Handling 2022’s Crypto Volatility

Posted: 21 Jul 2022 05:50 AM PDT

Risk mitigated approaches to crypto could offer the benefits of holding it but with less downside

JPMorgan Sees Crypto Retail Demand Improving, End of 'Intense' Deleveraging Phase

Posted: 21 Jul 2022 05:00 AM PDT

Demand for crypto is improving and the intense deleveraging phase appears to be behind us, according to JPMorgan (JPM).

Dogecoin's DOGE Sees Volatile Trading After Upgrade

Posted: 21 Jul 2022 04:25 AM PDT

Dogecoin regressed Wednesday's gains even as the upgrade went live.

Bitcoin Slips Below $23K Ahead of ECB Rate Decision

Posted: 21 Jul 2022 03:50 AM PDT

The central bank is likely to signal an exit from negative interest rate policy. That won't dent the appeal of investing in fiat alternatives like cryptocurrencies, one observer said. Cuts 25% of Its Workforce Amid Crypto Bear Market

Posted: 21 Jul 2022 03:15 AM PDT

Cryptocurrency exchange is cutting 25% of its workforce, equating to about 150 people.

Crypto Exchange KuCoin Raises $10M From Susquehanna to Fund Hiring, Growth Plans

Posted: 21 Jul 2022 03:13 AM PDT

KuCoin and SIG will also collaborate in incubation and ecosystem building for crypto startups through incubation, investment, and technical consultation.

Thai SEC Asks Zipmex to Clarify Withdrawal Freeze

Posted: 21 Jul 2022 02:55 AM PDT

The Thai Securities and Exchange Commission (SEC) has sent a request to cryptocurrency exchange Zipmex to clarify the recent withdrawal freeze.

South Korea Postpones 20% Crypto Tax to 2025

Posted: 21 Jul 2022 02:38 AM PDT

The government announced its 2022 Tax Reform Bill on Thursday, which states the planned virtual asset tax, already delayed by a year, will be postponed further.

Vitalik Buterin Thanks Shiba Inu Community as Grant Program Begins

Posted: 21 Jul 2022 01:59 AM PDT

Buterin used part of the shiba inu tokens sent to him by developers as a gift to fund the fellowship.

Crypto Payments Firm BCB Group Hires Deputy CEO to Expand Internationally

Posted: 21 Jul 2022 01:00 AM PDT

The new deputy CEO Noah Sharp joins from Paysafe where he was employed as Chief Banking Officer.

Ethereum’s Kaleido Collaborates With Polygon for Web3 Adoption

Posted: 21 Jul 2022 12:00 AM PDT

Polygon Edge, a gas-free and easy to access scaling service targeting businesses, was unveiled at Ethereum's annual community gathering in Paris.

Spanish Exchange Bit2Me Buys Peruvian Crypto Exchange, Eyes Targets in Latin America

Posted: 20 Jul 2022 11:00 PM PDT

Following the acquisition of a majority stake in Fluyez, the company is looking for purchasing opportunities in Chile, Colombia and Uruguay.

First Mover Asia: Bitcoin Stalls as Contagion Hits Zipmex, Vauld. Will Ethereum's Merge Fix This?

Posted: 20 Jul 2022 05:53 PM PDT

Bitcoin is having its best week since March, but with the Federal Reserve still in inflation-fighting mode, it seems like the only thing that can really get traders juiced up is the upcoming Ethereum Merge.

Brazilian Fintech BEE4 to Launch First Local Tokenized Stock Marketplace

Posted: 20 Jul 2022 04:26 PM PDT

Working in a regulatory sandbox, the company will allow mid-sized companies to tokenize their public offerings on Quorum, a network running on Ethereum.

Tesla's Musk Remains Open to Buying More Bitcoin After Selling in Q2 to Raise Cash

Posted: 20 Jul 2022 03:21 PM PDT

Tesla CEO Elon Musk said the EV company could add to its bitcoin position again in the future, but wanted to boost its cash position.

Crypto Lender Vauld Files for Protection From Creditors

Posted: 20 Jul 2022 02:22 PM PDT

The Singapore-based company had recently suspended withdrawals and begun laying off staff.

Bank of America Survey's Extreme Pessimism Might Be Contrarian Indicator

Posted: 20 Jul 2022 02:10 PM PDT

Outside Magazine Wants the Metaverse to Take a Hike

Posted: 20 Jul 2022 02:04 PM PDT

The fitness lifestyle media company's "anti-metaverse"platform will give users incentive to ski, run, bike or hike using NFTs and other rewards.

Stablecoin Firms Face Tough Reserve, Capital Demands in US Bill, Source Says

Posted: 20 Jul 2022 02:01 PM PDT

Companies that issue stablecoins would have to face bank-like regulations and back their tokens with conservative assets in the latest plan for U.S. legislation still being negotiated by leaders of the House Financial Services Committee, according to a source familiar with the talks.

Scaramucci’s SkyBridge Planning New Fund for Web3, Crypto: Report

Posted: 20 Jul 2022 01:53 PM PDT

The news follows reports that SkyBridge suspended withdrawals from a separate fund due to price pullbacks.

Vitalik Drinks Hot Water in Heatwave and Other Observations From Paris Ethereum Conference

Posted: 20 Jul 2022 01:39 PM PDT

Market Wrap: Bitcoin Climbs Closer to 50-Day Simple Moving Average

Posted: 20 Jul 2022 01:38 PM PDT

Some analysts believe BTC's consolidation above the SMA could propel the token's recovery.

Tesla Sold $936M Worth of Bitcoin in Second Quarter

Posted: 20 Jul 2022 01:17 PM PDT

The price of bitcoin fell about 1.5% to $27,250 following the news.

Post a Comment

Previous Post Next Post