Facebook’s David Marcus Steps Down From Coinbase’s Board

Dash, a blockchain powering the namesake privacy-focused coin, stopped processing transactions and producing new blocks early Monday morning, according to Samuel Westrich, CTO of Dash Core Group.“There was a problem during v19 activation of Dash Core," Westrich tweeted around 5 a.m. UTC (1 a.m. EST). "The chain is stalled and currently not producing blocks," he…

feature The Takeaway: Experts say Hamas is now using bitcoin for cross-border fundraising at an unprecedented rate. Still, even the largest estimates of terror financing in the region are apparently dwarfed by civilian bitcoin usage in the Gaza Strip, local experts tell CoinDesk. General awareness in Palestine of bitcoin and ethereum has increased since 2018.…

The Nasdaq-listed mining company wants to become a "pure-play bitcoin investment option" for Wall Street.Jan 25, 2021 at 1:00 p.m. UTCCrypto Miner Marathon Patent Group Buys $150M in BitcoinCryptocurrency mining company Marathon Patent Group bought $150 million in bitcoin for around $31,100 apiece during the crypto asset’s recent price rout.The Nasdaq-listed firm said Monday it…

European Union lawmakers want the 27-nation bloc to take the lead on shaping the metaverse in order to reduce technological dependencies on other countries and support EU businesses.The call was part of a report by the European Parliament's Committee on Internal Market and Consumer Protection on opportunities, risks and policy implications of virtual worlds. The

NEWS Traders have reportedly incurred losses after Hong Kong-based cryptocurrency exchange OKEx settled bitcoin cash futures contracts almost without warning ahead of last week’s hard fork. According to a Bloomberg report Monday, the decision by OKEx resulted in significant losses for some investors, including Qiao Changhe, founder of a firm called Consensus Technologies, who said…

U.S. Sen. Elizabeth Warren (D-Mass.) led more than a hundred lawmakers in demanding top officials share their plans for heading off crypto-financed terrorism.The bipartisan group of lawmakers from both the Senate and the House of Representatives signed a letter dated on Tuesday to National Security Advisor Jake Sullivan and Brian Nelson, undersecretary for terrorism and

Aug 11, 2020 at 08:31 UTCSydney, Australia (Olga Kashubin/Shutterstock)An Australian woman has been sentenced to over two years in prison for a major theft of the XRP cryptocurrency in January 2018. According to a report Tuesday by Australian news outlet Information Age, 25-year-old Kathryn Nguyen was sentenced to two years and three months by Judge…

Former U.K. Chancellor of the Exchequer George Osborne has joined crypto exchange Coinbase's (COIN) advisory council.Osborne, chancellor from 2010 to 2016, becomes the second former U.K. chancellor to join a crypto firm. His immediate successor, Philip Hammond, joined Copper as an adviser in October 2021 and subsequently became the custody company's chairman.The appointment highlights the

The cryptocurrency market flashed green Wednesday following a major downturn.