Bitcoin Holds Firm Above $28K, Equities Rise Amid Banking Sector Rebound
BTC, the largest cryptocurrency by market capitalization, was recently trading at about $28,050, roughly flat over the past 24 hours, although a brief midday jump had the BTC/U.S. dollar trading pair reaching as high as $28,605 on crypto exchange Coinbase – its highest point since June, data from TradingView showed.
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Chase Bank to Refund 95% of $2.5M It Allegedly Overcharged Crypto Buyers
Jun 1, 2020 at 09:00 UTCUpdated Jun 1, 2020 at 09:03 UTCCredit: Shutterstock/TooykrubChase Bank has agreed to repay most of $2.5 million in fees customers say it unfairly charged for cryptocurrency transactions. A subsidiary of JP Morgan Chase, the bank has agreed to settle a class-action lawsuit resulting from the bank’s decision in 2018 to…

Bitcoin Retreats to $30.6K as Blowout ADP Report Strengthens Fed Rate Hike Bets
Bitcoin (BTC) fell to $30,600 soon before press time, with part of the pullback from the 13-month high of $31,500 happening after a blowout U.S. ADP private employment report hit the wires at 12:15 UTC, according to CoinDesk data.The ADP report surprised markets in a big way to the upside, showing 497,000 private-sector jobs added…

First Mover Americas: Robinhood Shares Jump, Layer 2s Become Cheaper
This article originally appeared in First Mover, CoinDesk's daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day.Latest PricesTop StoriesShares of Robinhood rose over 11% in premarket trading on Thursday after the online platform reported a large increase in volumes during February. In an update

Flood of Cash from Coinbase Gives Crypto One of the Biggest Campaign War Chests
The crypto industry has so far gathered about $161 million after Coinbase became the latest company to donate $25 million to its political action committees for this election, which potentially makes it among the most formidable campaign-finance operations in the U.S.That kind of cash could have allowed the PACs to spend well over $300,000 on

Smart-Contract Registry Cookbook Raises $2M to Create Web3 Developer Support Tools
Elizabeth Napolitano is a news reporter at CoinDesk. Smart-contract registry Cookbook has raised $2 million to supercharge its efforts to support developers’ Web3 projects, according to a Thursday press release.The funding round included participation from MaC Venture Capital, Tagus Capital, Superscrypt and Alchemy. It will support Cookbook’s mission to streamline developers’ work to build out…

Moscow May Sell Footage From Public Security Cameras: Report
Aug 24, 2020 at 16:36 UTCThe tech branch of the Moscow city hall can broadcast the videos from the cameras in public spaces on the internet and even sell it to third parties, according to reports. The Department of Information Technologies at the Moscow city hall will purchase cameras to install inside and outside of…

Amazon Is Looking to Put Advertising Data on a Blockchain
news Amazon is seeking to integrate parts of its advertising business with a blockchain. The Seattle-based e-commerce giant is looking for a senior software engineer to join its “Advertising FinTech team focused on a Blockchain ledger,” according to a recent job posting. This new team, based in Boulder, Colorado, will be focused on billing and reconciliation systems…

Bitcoin Rises Above $67K, but Lags Broader Crypto Market as ETH, SOL, LINK Post Big Gains
The price of bitcoin (BTC) has nudged above the $67,000 level for the first time in nearly one month as animal spirits in cryptocurrencies return following eight weeks of sideways-to-lower action.At press time, bitcoin was trading at $67,250, up 2.8% over the past 24 hours and about 10% from its lowest levels on Monday. That