Bitcoin’s Price Falls Below $6K to Near 2018 Low

news The U.S. Securities and Exchange Commission (SEC) is suing Kik for allegedly running an unregistered securities sale when it launched an initial coin offering (ICO) for its kin token in 2017. In a filing submitted Tuesday in the Southern District of New York, the SEC said Kik violated Section 5 of the Securities Act…

ARK sold 499,149 shares of Coinbase from its three funds.The sale came after Coinbase beat its fourth-quarter earnings expectations, leading to a string of analyst upgrades.ARK Invest sold nearly half a million shares of Coinbase Global (COIN), worth around $90 million, on Friday as the Nasdaq-listing cryptocurrency exchange witnessed a slew of analyst upgrades after

Sep 30, 2020 at 14:57 UTCUpdated Sep 30, 2020 at 15:44 UTCFor as long as there have been computers in enterprises, there have been people working on how to make machine-to-machine commerce a reality. While the world of blockchain is only now embracing smart contracts for enterprise usage, programmable, machine-to-machine commerce has been around since…

news Noelle Acheson is a veteran of company analysis and member of CoinDesk’s product team. The following article originally appeared in Institutional Crypto by CoinDesk, a newsletter for the institutional market, with news and views on crypto infrastructure delivered every Tuesday. Sign up here. For those of us in the northern hemisphere, April is traditionally the month when…

Scaling, privacy and custody software will all benefit from Bitcoin’s biggest upgrade in years.(Tamanna Rumee/Unsplash)Feb 3, 2021 at 5:17 p.m. UTCHow Bitcoin’s Taproot Upgrade Will Improve Technology Across Bitcoin’s Software StackBitcoin’s Taproot upgrade is (basically) a shoe-in as Bitcoin stakeholders figure out the best way to bring it online. Digital signatures are created from the private…

Congressman Tom Emmer (R-Minn.), who's sponsored a number of crypto-related bills over the past few years and is a co-chair of the Congressional Blockchain Caucus, said Saturday he's making a bid for the vacant Speaker of the House position.The Speaker of the House runs the House of Representatives, scheduling votes and moving legislation. Rep. Kevin

Aug 25, 2020 at 12:56 UTCUpdated Aug 25, 2020 at 13:10 UTCBitGo CEO Mike Belshe (CoinDesk archives)Crypto custody provider BitGo has filed paperwork with New York’s financial regulator to offer its services in the state. In an announcement Tuesday, the company said it was seeking approval from the New York State Department of Financial Services…

Jul 10, 2020 at 16:33 UTCBlockchain Bites: Coinbase’s Untraditional Investor Day and the Ethereum-EOS Arms Race in Latin AmericaCoinbase will host its first investor day, New York State prosecutors won a jurisdictional dispute involving Bitfinex and a protocol arms race is unfolding in Latin America. Here’s the story: You’re reading Blockchain Bites, the daily roundup of the…

Bitcoin (BTC) was holding a modest gain at $28,600 midday Thursday despite news that might have been expected to send the crypto sharply lower.The state of New York earlier today filed a lawsuit against Digital Currency Group, its subsidiary Genesis Global Capital and crypto exchange Gemini alleging fraud to the tune of more than $1