Business

Crypto Mining Stocks Rally After Bitcoin Surges Near Record, Ether Hits All-Time High

Monday’s rally in bitcoin and ether prices spurred crypto mining stocks such as Marathon Digital and Riot Blockchain to rise sharply.

Business  ·  8 November 2021

Microsoft’s Decentralized Identity Head Leaves to Join Square

Daniel Buchner oversaw the launch of Microsoft’s ION Decentralized Identifier earlier this year.

Business  ·  8 November 2021

Coinbase Wallet Users Now Have a Standalone Browser Extension

The Coinbase offering comes amid an increase in the use of self-custody crypto wallets.

Business  ·  8 November 2021

Cryptocurrency AML Specialist Notabene Raises $10M

Notabene's Series A funding round was co-led by Jump Capital and F-Prime Capital.

Business  ·  8 November 2021

Banking Industry Likely to Capitalize on Stablecoin Deposit Demand, Says Morgan Stanley

The stablecoin market cap has grown to $137.7 billion from $20 billion a year ago.

Business  ·  8 November 2021

Poland’s Largest Crypto Exchange Revamps to Go License Shopping

Zonda, formerly BitBay, plans to expand into Switzerland first, followed by the U.K. and Canada.

Business  ·  8 November 2021

Every Big Bank Will Think About Crypto Trading, Says Ex-Citi CEO

Every major financial institution will be thinking about buying and selling crypto in the years to come, according to Vikram Pandit.

Business  ·  8 November 2021

House Sends Infrastructure Bill With Crypto Tax Provision to US President

The U.S. House of Representatives voted to pass a bipartisan infrastructure bill that contains a controversial cryptocurrency tax reporting requirement.

Business  ·  6 November 2021

NFTs Take Over NYC

Five takeaways from a momentous week for non-fungible tokens.

Business  ·  5 November 2021

Bakkt Expands Cryptocurrency Offering Beyond Bitcoin With Addition of Ether

The digital asset platform currently offers only bitcoin for cryptocurrency trading.

Business  ·  5 November 2021

Crypto Risk-Monitoring Firm Solidus Labs Raises $15M

The company plans to expand its efforts into DeFi and law enforcement.

Business  ·  5 November 2021

Argo Blockchain Shares Fall After Workers Accidentally Share Non-Public Information

The bitcoin miner said employees disclosed potential hashrate upside and the cost to build a new facility in Texas, which was then shared in a tweet.

Business  ·  5 November 2021

Bitcoin Cash Briefly Spikes on Fraudulent Press Release

Bitcoin Cash saw a sharp uptick in its value on Friday after the publication of a fraudulent press release claiming that U.S. supermarket giant Kroger would be accepting the cryptocurrency as payment this holiday season.

Business  ·  5 November 2021

Binance Hires Former IRS Special Agent to Head Suspicious Activity Reporting

Binance has hired a veteran financial criminal investigation agent to head its suspicious activity reporting as it continues to strengthen its regulatory compliance.

Business  ·  5 November 2021

Online Broker TradeStation Going Public Via $1.43B SPAC Merger

The combination with Quantum FinTech is expected to close in the first half of 2022.

Business  ·  4 November 2021