SEC Alleges John McAfee Pumped Tokens for Profit

news Car giants General Motors and BMW are backing blockchain tech as a way to share self-driving car data among themselves and other automakers. It’s all part of a bid to unlock valuable data held in silos which will ultimately get autonomous vehicles on the road sooner. Exploratory work in this area is being done under…

Stablecoins are an existential threat to policy sovereignty and are only useful to a few countries, said Reserve Bank of India Deputy Governor Rabi Sankar at an event, according to the local news platform The Hindu.Given the concerns around stablecoins, central bank digital currencies (CBDC) are better "stable solutions" for every country, Sankar said.The number…

KuCoin saw over $1 billion in withdrawals over the past 24 hours, Nansen data shows.Assets held by the exchange dropped to $4.8 billion from $6 billion, according to Arkham blockchain data.The exchange "is operating well, and the assets of our users are absolutely safe," KuCoin said.Crypto exchange KuCoin saw about $1 billion in crypto withdrawals

May 11, 2020 at 11:55 UTCUpdated May 11, 2020 at 15:04 UTCBitcoin’s 8% Drop Triggers Largest Liquidation on BitMEX in 2 MonthsBitcoin fell sharply on Sunday, triggering the highest long-short liquidations on crypto derivatives exchange BitMEX for the past two months. The top crypto by market cap fell by over 8.5% – its biggest single-day drop…

Bitcoin ended October on a weak note, confirming its first three-month losing streak since 2015, but things may be looking up for November. The leading cryptocurrency closed yesterday at $6,320 – down 4.32 percent from the Oct. 1 opening price of $6,606, according to CoinDesk's Bitcoin Price Index (BPI). Over August and September, prices had…

news Opolis received a development grant from MakerDAO to integrate its Dai cryptocurrency into its decentralized employer ecosystem for payroll and benefits, the company said. A blockchain-based answer to the gig-economy’s rise, Opolis is a professional employment organization (PEO) that, in part, plans to facilitate seamless cross-border payments with Dai. “Opolis is offering the best…

Bitcoin's price volatility may put corporates off from emulating Tesla's decision to invest in the cryptocurrency.Feb 10, 2021 at 10:39 a.m. UTCTesla’s Bitcoin Buy May Not Trigger Wave of Corporate Demand, Says JPMorganWhile crypto traders foresee major corporates copying Tesla’s decision to invest in bitcoin, investment bank JPMorgan suggests otherwise.“The main issue with the idea…

The Federal Reserve's Federal Open Market Committee (FOMC) is universally expected to hold its benchmark fed funds rate steady at 5.25%-5.50% at the conclusion of its two-day policy meeting on Wednesday afternoon.Traders in both traditional and crypto markets will be focused on the rate decision's accompanying policy statement and Fed Chair Jerome Powell's post-meeting press

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 StoriesEther (ETH) and bitcoin (BTC) were buoyed to one-month highs last week as six ether futures ETFs went live in the U.S. on Monday, with traders