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Tesla Team Identified And Fixed A Bug In Open Source Crypto Processor
Wednesday, March 31, 2021 - 8:01am | 406Tesla Inc (NASDAQ: TSLA) has made a contribution to an open-source Bitcoin (CRYPTO: BTC) software contribution. What Happened: The electric vehicle automaker identified a bug in payment processor BTCPay security on the company’s GitHub page. According to BTCPay’...
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Fintech Focus For March 9, 2021
Monday, March 8, 2021 - 6:49pm | 1938Quote To Start The Day: “If I look at trading when I started, I would say a phone or occasionally a computer got broken at least once a week, or once every two weeks,” Dunn, Citigroup’s global co-head of rates trading, said during a virtual roundtable last week, held ahead of...
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JPMorgan Adds 56 Blockchain-Related Jobs With Renewed Focus On JPM Coin
Monday, March 8, 2021 - 6:35pm | 424What Happened: Wall Street giant JPMorgan Chase & Co. (NYSE: JPM) has amped up its recruitment for blockchain-related jobs amidst the ongoing crypto boom. According to the company’s website, JPMorgan has 56 open blockchain-related positions – a number that exceeds...
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PayPal To Buy Cryptocurrency Custodian Curv: Report
Tuesday, March 2, 2021 - 11:00pm | 346PayPal Holdings Inc (NASDAQ: PYPL) is purchasing Curv, a technology firm, engaged in the secure storage of Bitcoin (CRYPTO: BTC) and other cryptocurrencies, CoinDesk reported Tuesday. What Happened: Curv’s price tag was reportedly pegged at between $200 million and $300 million by local...
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Nvidia Raked In $100-300M From Ethereum Miners In Q4 Amid GPU Supply Crunch
Thursday, February 25, 2021 - 6:11am | 463Nvidia Corporation (NASDAQ: NVDA) estimates between $100 million and $300 million of its fourth-quarter revenue came from Ethereum (CRYPTO: ETH) miners, according to the company’s Chief Financial Officer Colette Kress, reported CoinDesk Wednesday. What Happened: The company said it could not...
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SEC Commissioner Peirce Thinks It's Time For Bitcoin ETP
Thursday, February 11, 2021 - 8:00pm | 336U.S Securities and Exchange Commissioner Hester Peirce says that the country is ready for a Bitcoin exchange-traded product (ETP). What Happened: According to the regulator, the U.S capital markets are ready for a Bitcoin ETP, and people are eager to trade one. “If we don’t give...
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Bitcoin Reclaims $40K Mark, Moving Closer To All-Time High
Saturday, February 6, 2021 - 12:17pm | 173Bitcoin topped $40,000 today, regaining some of the losses that the world’s most popular cryptocurrency suffered in recent weeks, Coindesk has reported. What Happened: Bitcoin hit the $40,538.66 mark, narrowing the distance from its all-time high, the $41.962.36 price set on...
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Why Bitcoin 'Whales' Are Not Ready To Cash Out, Even At All-Time Highs
Friday, January 8, 2021 - 3:35am | 480Bitcoin (BTC) addresses that contain more than 1,000 BTC — worth $38.41 million at press time — now stand at an all-time high of 2,334, CoinDesk reported Thursday. What Happened: “Whale” accounts, or accounts with large BTC holdings, have risen 3.7% since December...
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Bitcoin Breaches All-Time High Above $35K, Sidelining Ethereum Rally
Wednesday, January 6, 2021 - 1:28am | 372Bitcoin (BTC) was bullish at press-time and traded above the $35K mark — reaching an all-time high of $35,587.66 late Tuesday night — as the gains in the cryptocurrency exceeded those of Ethereum (ETH). What Happened: The apex cryptocurrency traded 10.72% higher at $35,275.05,...
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Why NFL Player Russell Okung Takes Half His Salary In Bitcoin
Tuesday, December 29, 2020 - 3:37pm | 479For the first time in the four major professional U.S. sports, an athlete will receive a portion of his salary in bitcoin. What Happened: Carolina Panthers tackle Russell Okung will receive a portion of his salary as bitcoin, according to Coindesk. The startup Zap, which converts traditional...
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Fintech Focus For December 14, 2020
Sunday, December 13, 2020 - 8:23pm | 1738Quote To Start The Day: We’re really trying to encourage progress, not to force it. Source: Adena Friedman One Big Thing In Fintech: Massachusetts Mutual Life Insurance Co. is jumping into the institutional bitcoin game with a $100 million investment in bitcoin and a $5 million equity stake...
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Fintech Focus For December 11, 2020
Thursday, December 10, 2020 - 6:51pm | 2295Quote To Start The Day: US President Donald Trump and his backers, having been stymied dozens of times by judges and elections officials across the country, are confident one last-ditch lawsuit will overturn his election loss. “All I ask for is people with wisdom and with courage, that...
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PayPal Cryptocurrency Partner Paxos Seeks To Become US-Regulated Bank
Thursday, December 10, 2020 - 2:55am | 449Paxos, the cryptocurrency partner of PayPal Holdings Ltd (NASDAQ: PYPL), has filed an application with the Office of The Comptroller of the Currency (OCC) in order to obtain a charter to form a national bank. What Happened: The Paxos National Trust would operate out of New York, according to...
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MicroStrategy Buys $50 Million Worth Of Bitcoin, Topping Up Holdings To $766M
Saturday, December 5, 2020 - 3:40pm | 228MicroStrategy Incorporated (NASDAQ: MSTR) has bought $50 million worth of Bitcoin in cash, the company’s CEO announced on Twitter. What Happened: The company acquired 2,574 bitcoins for $50 million in cash at $19,427 per bitcoin, according to the related SEC filing. MicroStrategy now...
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Bitcoin Takes A Thanksgiving Swoon
Friday, November 27, 2020 - 3:50pm | 445Bitcoin has been one of the top trades of 2020, gaining 164% year-to-date. It hasn’t been a happy Thanksgiving week for bitcoin investors, with the cryptocurrency down 10% in the last week, including a $3,000 drop in less than 24 hours. Bitcoin prices peaked at $19,783 back in December...