US stocks rise as Tesla continues to climb while energy prices and bond yields drop

US stocks rise as Tesla continues to climb while energy prices and bond yields drop

US stocks closed higher Thursday as Tesla stock extended gains after a strong second-quarter earnings report while energy and bond prices ticked down.  Tesla jumped as high as 10% after…

Sam Bankman-Fried says the worst of the crypto liquidity crisis is likely over with FTX holding ‘a few billion’ to prop up failing ventures

Sam Bankman-Fried says the worst of the crypto liquidity crisis is likely over with FTX holding ‘a few billion’ to prop up failing ventures

The worst of the ongoing cryptocurrency rout that sent tokens plummeting and caused the collapse of some firms is over, FTX’s Sam Bankman-Fried said in an interview with Reuters on…

Black investors say crypto is still key to building wealth even as digital assets see steep sell-off in 2022

Black investors say crypto is still key to building wealth even as digital assets see steep sell-off in 2022

In 2013, as crypto was creeping into the mainstream, Cleve Mesidor was working as an appointee in the Obama administration’s Department of Commerce. As a favor to a friend, Mesidor…

Block shares slip after crypto winter dampens quarterly results – Reuters

Block shares slip after crypto winter dampens quarterly results – Reuters

Aug 5 (Reuters) – Shares of Jack Dorsey-led Block Inc (SQ.N), a digital payments firm that has bet big on bitcoin, declined nearly 7% in premarket trading on Friday after…

A Fake Job Offer Reportedly Led to Axie Infinity’s $600M Hack – CNET

A Fake Job Offer Reportedly Led to Axie Infinity’s $600M Hack – CNET

Last August, Play-to-Earn game Axie Infinity was on top of the world. The Pokemon-inspired game was generating developer Sky Mavis over $15 million in revenue a day, and some players…

Cryptocurrency broker Voyager Digital files for bankruptcy protection

Cryptocurrency broker Voyager Digital files for bankruptcy protection

A US cryptocurrency broker and lender has filed for bankruptcy protection, becoming the latest domino to fall in the embattled digital asset market. Voyager Digital had suspended all withdrawals and……

Thai c.bank to test retail digital currency late this year – Reuters

Thai c.bank to test retail digital currency late this year – Reuters

BANGKOK, Aug 5(Reuters) – Thailand’s central bank said on Friday it expected to test its retail digital currency from late this year to the middle of 2023, as an alternative…

India’s cryptocurrency industry reels as new tax hammers trading – Reuters India

India’s cryptocurrency industry reels as new tax hammers trading – Reuters India

MUMBAI, July 6 (Reuters) – India’s new cryptocurrency tax has dealt a heavy blow to the country’s crypto exchanges, adding to broader sectoral woes and sending trading volumes plunging by…

Global regulators back ‘same risk same regulation’ for stablecoins – Reuters.com

Global regulators back ‘same risk same regulation’ for stablecoins – Reuters.com

LONDON, July 13 (Reuters) – Major stablecoins must comply with the same safeguards as traditional forms of payments, global regulators said on Wednesday, tightening controls over a battered crypto se……

MicroStrategy Reports $1 Billion Loss CEO Steps Down To Focus On Bitcoin

MicroStrategy Reports $1 Billion Loss CEO Steps Down To Focus On Bitcoin

Saylor, who founded the Tysons Corner, Virginia-based company in 1989, will continue to serve as executive chairman as retains its Bitcoin buying strategy. MicroStrategy President Phong Le will take ……

‘We’re the First Group Who Loses Out’: Black Americans Hit Hard By Crypto Collapse

‘We’re the First Group Who Loses Out’: Black Americans Hit Hard By Crypto Collapse

Digital currencies have dropped drastically, with bitcoin alone losing more than 50% of its value this year. With consistent reports of plunging value, the question looms: Who’s really getting hit?…

Billionaire Mike Novogratz says the crypto industry is suffering from a credit crisis – and that he was ‘darn wrong’ on leverage risks

Billionaire Mike Novogratz says the crypto industry is suffering from a credit crisis – and that he was ‘darn wrong’ on leverage risks

Billionaire investor Mike Novogratz has said he misjudged just how much borrowed money was sloshing around the crypto industry, which he described as in a “full-fledged credit crisis” after a…

Once-Hot Strategy of Holding Bitcoin Overnight Loses Luster

Once-Hot Strategy of Holding Bitcoin Overnight Loses Luster

Those who watch crypto charts closely might be familiar with the fact that a hypothetical strategy of buying Bitcoin at the close and selling it at the next open has…

A man who lost $176 million worth of bitcoin in a dump wants to use a pair of $75000 robot dogs in his master plan to get it back

A man who lost $176 million worth of bitcoin in a dump wants to use a pair of $75000 robot dogs in his master plan to get it back

James Howells, the man who made headlines after he lost 8,000 bitcoins on a hard drive that he accidentally threw away, has a master plan to get his cryptocurrency back….

Bitcoin Fog Case Could Put Cryptocurrency Tracing on Trial

Bitcoin Fog Case Could Put Cryptocurrency Tracing on Trial

Tools to trace cryptocurrencies have, over just the last several years, allowed law enforcement agencies to convict dark web black market administrators, recover millions in ransomware payments, seiz… [read more]

Celsius Owes $4.7 Billion to Users But Doesn’t Have Money to Pay Them

Celsius Owes $4.7 Billion to Users But Doesn’t Have Money to Pay Them

Celsius, the crypto trading platform that halted all withdrawals a month ago and filed for bankruptcy yesterday, has a $1.2 billion sized hole in its balance sheet, according to a…

Crypto weekly: Bitcoin breaks freefall – Reuters

Crypto weekly: Bitcoin breaks freefall – Reuters

Posted From Bitcoin highs to blockchain bridge lows, to why some of the worlds biggest technology companies are freezing jobs, we round up the weeks big stories in the world…

Dorsey-led Block posts loss for second quarter on bitcoin slump – Reuters

Dorsey-led Block posts loss for second quarter on bitcoin slump – Reuters

Aug 4 (Reuters) – Jack Dorsey-led Block Inc (SQ.N) on Thursday reported a loss for the second quarter as a bruising selloff in cryptocurrency markets hurt the fintech company’s earnings…

Chipotle courts the gullible with a crypto game

Chipotle courts the gullible with a crypto game

Photo by Justin Sullivan / Getty Images Our fearless leader, Nilay Patel, sent me an article about Chipotle accepting cryptocurrency for payment earlier this year. I did think about writing…

Qué es Lightning Network y por qué es crucial para que Bitcoin sea el ‘dinero del futuro’

Qué es Lightning Network y por qué es crucial para que Bitcoin sea el ‘dinero del futuro’

Entre tantos conceptos ligados al Bitcoin, uno de los que más fuerza ha ganado en los últimos años es el de Lightning Network (LN). Se trata de una red de…