USDC Stablecoin Strengthened by U.S. Banking Crisis in March, Circle CEO Says

Hive Blockchain, which is among the largest publicly traded crypto miners of ether, outperformed its peers after the price of the native token of Ethereum, climbed to a record.Hive (NASDAQ: HIVE) shares rose almost 3% at 10 a.m. in New York, while its peers, which predominantly mine bitcoin, were mostly flat to negative on Friday.Among…

Shares of cryptocurrency miner Phoenix Group (PHX) rose 35% to 2.03 dirhams ($0.55) on Tuesday, their first day of trading on the Abu Dhabi Securities Exchange (ADX).The shares, which sold for 1.50 dirhams in the UAE-based company's 1.36 billion-dirham ($368 million) initial public offering (IPO) in November, rose as much as 50% to touch 2.25

Aug 27, 2020 at 20:00 UTC(Matej Kastelic/Shutterstock)Think Quant Trading Doesn’t Work in Crypto? Think AgainMarc P. Bernegger started his first internet company in 1999 and had two successful exits. He began working with Bitcoin in 2012, is on the board of Crypto Finance Group, Swiss Blockchain Federation and CfC St. Moritz and is a member…

NEWS Oct 5, 2018 at 17:27 UTC  |  Updated  Oct 5, 2018 at 17:27 UTC The U.S. Securities and Exchange Commission (SEC) is asking for further comment on nine different bitcoin exchange-traded fund rule change proposals that currently under review after initially being rejected. The SEC had previously rejected the proposals -- pursued by ProShares, GraniteShares…

Oct 10, 2020 at 16:48 UTCU.S. Speaker of the House Nancy Pelosi introduced the latest version of the relief bill on Monday. (Credit: Michael Candelori / Shutterstock)Pelosi Rejects White House’s $1.8T Stimulus Offer: ReportDemocratic House Speaker Nancy Pelosi rejected the White House’s recently boosted $1.8 trillion stimulus offer, saying it doesn’t provide enough in the…

Prices of meme coin bob (BOB) slid as much as 45% on Sunday as its popular automated Twitter bot was suspended after the social media giant's owner Elon Musk called the account a “scam."Twitter even suspended another automated bot called @AskTheWassie, a comic frog that operated similarly to @ExplainThisBob on Sunday.“Promotion of scams under the…

Aug 13, 2020 at 08:33 UTCUpdated Aug 13, 2020 at 08:40 UTC(Amuzujoe/Wikimedia Commons)DeFi Meme Coin YAM Succumbs to Fatal ‘Rebase’ BugDeFi meme coin ‘YAM’ has succumbed to a bug within its rebase function, meaning the coin has lost control of its on-chain governance feature. All of the roughly $750,000 Curve tokens stored in the project's…

Bitcoin (BTC) investment products suffered a $13 million outflow last week, bucking the trend of consecutive weeks of massive inflows as investors instead favored funds focusing on smaller cryptocurrencies such as ether (ETH) and Ripple’s XRP, crypto asset manager CoinShares reported Monday.Digital asset funds overall witnessed weekly outflows of $6.5 million after gaining $742 million…

F2Pool, the third-biggest Bitcoin mining pool, drew ire on social media after a report that it might be censoring transactions from an address subject to U.S. government sanctions.One of the F2Pool project's leaders subsequently appeared to confirm the report, stirring up controversy since "censorship resistance" is considered by many Bitcoiners to be a cardinal principle