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Bitcoin Soars Past $9,000 As 'Halving' Event Looms
Thursday, April 30, 2020 - 4:27am | 467Bitcoin (BTC) on Thursday soared more than 17% at press time and hit its highest levels in nearly two months. What Happened The surge comes in anticipation of the next Bitcoin "halving," which is expected to happen around May 12. The concept of halving was built into Bitcoin by its...
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Another Chinese Bitcoin Mining Device Maker Files To Go Public In US
Monday, April 27, 2020 - 12:13am | 354Bitcoin (BTC) mining equipment manufacturer Ebang International Holdings has filed to go public in the United States, CoinDesk reported Saturday. What Happened In a filing with the Securities and Exchange Commission on April 24, Ebang said it is looking to raise up to $100 million in the initial...
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Bloomberg Promises 'Clear Regulatory Framework' For Cryptocurrencies If Elected
Wednesday, February 19, 2020 - 6:19am | 480Democratic Presidential candidate Michael Bloomberg on Tuesday proposed creating a "clear regulatory framework" on cryptocurrencies as part of financial reforms if he is elected president in the upcoming elections. What Happened "Cryptocurrencies have become an asset class worth...
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BitTorrent CEO Justin Sun's $4.5-Million Dinner With Warren Buffett
Thursday, February 6, 2020 - 4:33pm | 604Justin Sun, founder of Tron and CEO of BitTorrent, finally had his date with billionaire investor and Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) CEO Warren Buffett. Amazing dinner w/ @WarrenBuffett finally! Thx for your support & advice on how to take #TRON to the next level...
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IBM To Bring Blockchain For Food Safety Service Certification
Tuesday, February 4, 2020 - 5:50am | 380IBM is working on a proof-of-concept based on blockchain technology that will help the Food Safety and Inspection Service (FSIS) to modernize its food export certification process. What Happened? An FSIS spokesperson has confirmed to a crypto media outlet Coindesk the $269,450 feasibility...
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Illinois Approves Legalization Of Blockchain Contracts
Friday, January 10, 2020 - 4:08pm | 217Illinois formally recognized smart contracts and blockchain-based records as legal instruments in a law titled the Blockchain Technology Act. Now, the state identifies blockchain as “an electronic record created by the use of a decentralized method by multiple parties to verify and store...
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YouTube Calls Crypto Video Removal An 'Error,' But Many Still Not Reinstated
Friday, December 27, 2019 - 2:57am | 512Alphabet Inc.'s (NASDAQ: GOOGL) (NASDAQ: GOOG) video-sharing platform YouTube on Thursday apologized for removing a host of cryptocurrency videos from its platform over the last week. What Happened Multiple cryptocurrency content creators complained that YouTube started taking down their videos...
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Chinese Regulatory Crackdown Sends Bitcoin Lower
Friday, November 22, 2019 - 1:34pm | 378Bitcoin was falling by 10% Friday morning and traded below the $7,000 mark amid regulatory concerns from China, according to Reuters. China Developing Its Own Crypto Bitcoin traded at its lowest levels in six months in reaction to a new round of crackdowns on cryptocurrencies from China's...
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Microsoft Reveals Blockchain Tokens Platform
Tuesday, November 5, 2019 - 7:01am | 335Microsoft Corporation’s (NASDAQ: MSFT) Azure Blockchain Tokens platform is now available for preview, the company announced on Monday. What Happened The new platform will allow enterprises or individuals to easily "create their own blockchain tokens" based on the Token Taxonomy...
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Centralized Cryptocurrency Exchange DX.Exchange Shuts Down
Monday, November 4, 2019 - 8:12am | 314DX.Exchange, a cryptocurrency exchange desk that utilizes Nasdaq Inc (NASDAQ: NDAQ) technology, is temporarily shutting down, the company announced on Sunday. What Happened The Estonia-based company’s board of directors is seeking either a merger or a sale of the platform. If it fails to do...
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Bakkt Launches Futures Contracts, Bitcoin Price Falls
Monday, September 23, 2019 - 2:31pm | 289Bakkt, a subsidiary of New York Stock Exchange owner Intercontinental Exchange Inc (NYSE: ICE), launched its long-awaited physically backed Bitcoin futures Monday. The first Bakkt/ICE futures contract changed hands at $10,115 and the number of contracts in the first hour stood at just five...
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Santander Group Expands Use Of Ripple Payments Technology
Monday, August 26, 2019 - 4:31pm | 212Banco Santander SA (NYSE: SAN) is building a payments network that will allow Latin American customers to freely transfer money to the U.S. via a mobile app that uses Ripple technology, according to CoinDesk. “International payments is a way for us to acquire customers having a...
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Top YouTuber PewDiePie Joins Blockchain Live Streaming Platform
Wednesday, April 10, 2019 - 11:45am | 398PewDiePie, the world’s most popular YouTuber by subscriber numbers, has joined blockchain-based live streaming platform DLive. The 29-year-old Swedish content creator, real name Felix Kjellberg, has signed an “exclusive” live streaming deal with the platform, DLive announced...
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Exchange Volumes May Be Fake, But Bitcoin's Value Is Real
Tuesday, April 2, 2019 - 2:41pm | 947This article originally appeared on CoinDesk The mainstream reaction to Bitwise’s recent report showing that 95 percent of total reported bitcoin trading is fake was, predictably, to see it as further proof of the lawlessness and scammy nature of the cryptocurrency world. But just as...
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Bitcoin Price Jumps To 4-Month High Above $4,900
Tuesday, April 2, 2019 - 12:53pm | 311This article originally appeared on CoinDesk The price of bitcoin, the world’s largest cryptocurrency by market capitalization, shot up 17 percent within 30 minutes on Tuesday to reach its highest level in four months. CoinDesk data shows bitcoin’s (BTC) price spiked Tuesday at 04:32...