The cryptocurrency market took a $260 billion dive on Friday (April 23), with bitcoin trading below $50,000 for the first time in weeks and other coins tumbling to new lows, CNBC reported. Bitcoin lost about 10 percent in value, trading at $49,281.40 at around 2...
European regulators are looking into whether Binance, one of the largest crypto exchanges in the world, has been following securities rules since it launched trading in stock tokens, the Financial Times (FT) reported. Binance, in a new initiative this week, said it is letting users...
Bitstamp has announced a new chief financial officer in former Amazon finance director Stephen Bearpark, according to a press release. Bearpark will be tasked with overseeing the financial growth of the company, the release stated. He worked with Amazon for several years and has “amassed...
Brian Brooks, who was acting head of the Office of the Comptroller of the Currency (OCC) under the President Donald Trump administration, is now slated to be CEO of Binance.US, one of the world’s biggest crypto exchanges, The Wall Street Journal (WSJ) reported. Brooks will...
Pakistan is the latest country to work on a digital currency, The Express Tribune reported. The country is currently studying how to make way for its own digital currency in line with numerous others, including China. It wants to look at expanding banking facilities to...
The price of bitcoin fell this weekend, down as much as 19.5 percent from the record highs from the past week, CNBC writes. Bitcoin was as low as $52,148 as of Sunday (April 18) morning. That comes after the cryptocurrency rose to as much as...
To allow for correct and instant insights into “financial time series data,” Band Protocol said on Thursday (April 15) that Google Cloud has integrated its standard dataset, according to a medium post from Band Protocol’s Kevin Lu. Lu wrote in the post that dependable and...
Ethereum software company ConsenSys has announced the close of its $65 million foundation round, according to a press release, with J.P. Morgan and Mastercard among its investors. The round will boost the company’s goal of speeding up the convergence of decentralized finance (DeFi) and Web3...
Bitcoin’s value reached a new high of $63,729.50 as of Tuesday (April 13), CNBC reported. Ether, the second most valuable coin, hit a new record of $2,317. The news comes as investors have been clamoring for the coming debut of crypto exchange Coinbase, slated to...