Ripple Partners With Madonna to Fundraise for Orphans in Malawi
Cryptocurrency payments startup Ripple is partnering with Madonna to raise funds for orphans in the African nation of Malawi.
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Bithumb Exchange’s Offices Raided Again by Korean Authorities: Report
Sep 8, 2020 at 11:33 UTCUpdated Sep 8, 2020 at 11:37 UTCBithumb Exchange’s Offices Raided Again by Korean Authorities: ReportSouth Korean officials are said to have raided the offices of cryptocurrency exchange Bithumb for a second time in a week. The Seoul Newspaper reported Tuesday that the Seoul Metropolitan Police Agency's Intelligent Crime Investigation Unit had…
Playboy Lost $4.9M on Ether It Accepted as NFT Payments
“The market price of one [ether] in our principal market ranged from $964 to $3,813 during the year ended Dec. 31, 2022, but the carrying value of each Ethereum we held at the end of the reporting period reflects the lowest price of one Ethereum quoted on the active exchange at any time since its…
Gavin Wood Announces ‘Impending Release’ of DIY Blockchain Tool
Another do-it-yourself build-a-blockchain tool is about to launch. Speaking at the Web3 Summit in Berlin Tuesday, ethereum co-founder and Parity Technologies founder Gavin Wood announced that his company's new tool, Substrate, is weeks from release. As the technical underpinning for his interoperability protocol Polkadot, Substrate provides a generalized platform for blockchain development. And according to Wood,…
FTX Pauses Sale of $500M Stake in AI Firm Anthropic: Bloomberg
Bankrupt crypto exchange FTX has paused the sale of its highly-coveted $500 million stake in artificial intelligence (AI) startup Anthropic, according to a report from Bloomberg.Perella Weinberg, the investment bank handling FTX's bankruptcy, told bidders this month about the pause, people familiar with the matter told Bloomberg. The move followed months of due diligence on the…
MicroStrategy Slumps 14% After Short Seller Says Stock Trades at an Unjustifiable Premium to Bitcoin
Kerrisdale Capital is short MicroStrategy stock and long bitcoin.The stock’s relative attractiveness doesn't justify paying more than double for the same coin, Kerrisdale said.MicroStrategy is no longer a unique way to gain access to bitcoin, it said.MicroStrategy's (MSTR) shares fell as much as 14% on Thursday after a prominent short seller, Kerrisdale Capital, said in
Gemini Sues Digital Currency Group and Founder Barry Silbert Alleging ‘Fraud’
Crypto trust firm Gemini sued Digital Currency Group on Friday, alleging the industry conglomerate and its founder Barry Silbert committed "fraud" through DCG subsidiary Genesis, which held funds for Gemini tied to the latter company's Earn program.The lawsuit is intended to recover Gemini's funds from DCG, a filing made to the New York County Supreme…
Bitcoin News Roundup for April 15, 2020
Apr 15, 2020 at 16:00 UTCBTC bumps against $7K while cowboys put land records on the blockchain. It's CoinDesk's Markets Daily podcast.Today's stories:For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.Disclosure Read More The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards…
Crypto for Advisors: The 2024 Year Ahead
2023 is winding down, and we saw a big year of cleanup within the cryptocurrency space and a lot of regulatory focus both in the U.S. and around the globe.We are on the precipice of an exciting 2024 with a lot of news, activity and anticipation of spot bitcoin ETF approvals and potentially large influxes