Overstock Blockchain Spin-Off Raises $134 Million – With Millions More Committed
Overstock.com subsidiary tZero raised $134 million in its security token offering, the company said Thursday.
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Bitcoin Slumps Below $28K as Yields Spike; Ether Futures ETFs Fizzle on Lukewarm Investor Interest
Bitcoin (BTC) ended the first U.S. trading day of the week in the green, but it gave up some gains as the U.S. 10-year yield spiked to its highest level in more than 16 years. In the last 24 hours, the world's largest digital asset dipped into the red and is down by 1.57%. Meanwhile
Avalanche Brought Down by Bug Triggered by Unusually High Volume, Engineer Says
The blockchain, which had been touted for its ability to handle a high volume of transactions, was brought down by an unusually high number of transactions. (Alex Lange/Unsplash)Feb 14, 2021 at 9:59 p.m. UTCAvalanche Brought Down by Bug Triggered by Unusually High Volume, Engineer SaysAn Ava Labs engineer gave a rundown of the small code…
Bitmain Seeking U.S. IPO With Confidential SEC Filing: Report
news Bitcoin mining giant Bitmain is said to have confidentially filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission. Sponsored by Deutsche Bank, the offering was filed with the SEC earlier this week before a recent management shakeup saw the ousting of Bitmain co-founder and executive director Micree Ketuan Zhan Oct.…
‘Unanimous Verdict, Your Honor’: Sam Bankman-Fried’s Conviction Was Inevitable
Sam Bankman-Fried is guilty.Twelve jurors spent less than five hours deciding the facts. They asked for portions of transcripts from Paradigm's Matt Huang and Third Point's Robert Boroujerdi testimony, as well as highlighters and Post-it Notes, and when they didn't immediately receive the version of the indictment, they requested that too.01:27Curve Finance’s Stablecoin Maintains Peg
UK Fund That Aims to Capitalize on Crypto Volatility Raises $50 Million
news U.K.-licensed Nickel Asset Management says it has raised $50 million for a fund aimed to make profits off the volatility of cryptocurrencies. The firm said Monday it has now “soft closed” its Nickel Arbitrage Fund to new investors, two months after launch. The raise was joined by funds of funds and family offices in the U.K., Europe,…
Jebara Igbara, AKA ‘Jay Mazini,’ Sentenced to 7 Years in Prison for Crypto-Related Fraud
A U.S. district judge sentenced Jabara Igbara to seven years in prison.He purported to be a crypto millionaire and targeted Muslims through a company called Halal-Capital LLC.Jabara Igbara, also known as “Jay Mazini,” who claimed to be a crypto millionaire on Instagram, was sentenced by U.S. District Judge Frederic Block to seven years in prison
Media Startup Civil Shuts Down, Team Absorbed Into Decentralized ID Efforts at ConsenSys
Jun 2, 2020 at 20:07 UTCUpdated Jun 2, 2020 at 20:32 UTCCivil is shutting down after three years. (Credit: Shutterstock)Blockchain journalism startup Civil is shutting down, with its team moving to the employ of parent company ConsenSys, Poynter reported Tuesday. Co-founder Matthew Iles announced the shutdown in a blog post, writing, “It’s with a heavy…
Gemini to Cease Offering Crypto Services in Netherlands in November
Cryptocurrency exchange Gemini will stop offering services to customers in the Netherlands from Nov. 17, citing regulatory pressures.The company said it is taking the step "due to requirements imposed by the De Nederlandsche Bank (DNB)," in a message on its website's support page.Customers have been asked to ensure they have withdrawn their crypto and fiat