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Cryptocurrency

Grayscale’s billion head start in ethereum is at risk as big investors launch ETFs

Grayscale’s $9 billion head start in ethereum is at risk as big investors launch ETFs

Finance News

Representation of cryptocurrency and Gayscale logo displayed on a phone screen. Jakub Porzycki | Nurphoto | Getty Images For crypto firm Grayscale, it’s deja vu in the ETF market. On Tuesday, the first spot ether exchange-traded funds hit the U.S. The ETFs will invest directly in ether, the cryptocurrency used in the Ethereum network, allowing […]

Grayscale’s $9 billion head start in ethereum is at risk as big investors launch ETFs Read More »

Cryptocurrencies fall on day 1 of ether ETFs as Mt. Gox moves more bitcoin to creditors

Cryptocurrencies fall on day 1 of ether ETFs as Mt. Gox moves more bitcoin to creditors

Finance News

People walk past a neon sign advertising a Bitcoin and Ethereum crypto currency exchange in Warsaw, Poland on 19 May, 2024.  Jaap Arriens | Nurphoto | Getty Images Bitcoin led the crypto market lower on Tuesday – the first trading day for ether ETFs – as Mt. Gox transferred more bitcoin to creditors and investors

Cryptocurrencies fall on day 1 of ether ETFs as Mt. Gox moves more bitcoin to creditors Read More »

Trump Bitcoin Conference fundraiser tickets top out at 4,600 for Nashville soiree

Trump Bitcoin Conference fundraiser tickets top out at $844,600 for Nashville soiree

Technology News

Former U.S. President and Republican presidential candidate Donald Trump attends a campaign event in Philadelphia, Pennsylvania, U.S., June 22, 2024.  Shannon Stapleton | Reuters Former President Donald Trump will headline a campaign fundraiser in Nashville on the sidelines of the Bitcoin Conference, where the top ticket is going for $844,600 per person. According to an

Trump Bitcoin Conference fundraiser tickets top out at $844,600 for Nashville soiree Read More »

Ethereum co-founder warns against voting only on ‘pro-crypto,’ a day after a16z founders support Trump

Ethereum co-founder warns against voting only on ‘pro-crypto,’ a day after a16z founders support Trump

Finance News

Ethereum co-creator Vitalik Buterin on Wednesday cautioned against voting for political candidates based solely on whether they have adopted a “pro-crypto” stance. “The game of politics is much more complicated than just ‘who wins the next election’, and there are a lot of levers that your words and actions affect,” Buterin wrote in a blog

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Labour’s gains in London have private equity looking to exit — the country

Labour’s gains in London have private equity looking to exit — the country

Finance News

A view of the Palace of Westminster with Big Ben a day before General Election, in London on July 3, 2024. Nurphoto | Nurphoto | Getty Images LONDON — With the British parliament back from recess, the UK’s Labour Party will start working to push through aggressive changes, including controversial proposals that would force the

Labour’s gains in London have private equity looking to exit — the country Read More »

Crypto stocks like Coinbase and Microstrategy soar, mirroring rally in bitcoin

Crypto stocks like Coinbase and Microstrategy soar, mirroring rally in bitcoin

Finance News

SAN ANSELMO, CALIFORNIA – JUNE 06: In this photo illustration, the Coinbase logo is displayed on a screen on June 06, 2023 in San Anselmo, California. The Securities And Exchange Commission has filed a lawsuit against cryptocurrency exchange Coinbase for allegedly violating securities laws by acting as an exchange, a broker and a clearing agency

Crypto stocks like Coinbase and Microstrategy soar, mirroring rally in bitcoin Read More »

Stolen crypto doubled to .38 billion in the first half of 2024, research firm says

Stolen crypto doubled to $1.38 billion in the first half of 2024, research firm says

Finance News

Filip Radwanski | Sopa Images | Lightrocket | Getty Images Hackers more than doubled their cryptocurrency spoils in the first half of 2024 compared with a year ago, a report from blockchain research firm TRM Labs showed. The report said $1.38 billion worth of crypto was looted between Jan. 1 and June 24, more than

Stolen crypto doubled to $1.38 billion in the first half of 2024, research firm says Read More »

The German government owns around billion in bitcoin — and it’s freaking out crypto investors

The German government owns around $2 billion in bitcoin — and it’s freaking out crypto investors

Technology News

Bitcoin has also been under selling pressure from the German government as well as collapsed bitcoin exchange Mt. Gox. Cfoto | Future Publishing | Getty Images For weeks now, Germany’s government has been selling hundreds of millions of Dollars worth of bitcoin — and it’s been a key factor behind the cryptocurrency’s intense selloff. Last

The German government owns around $2 billion in bitcoin — and it’s freaking out crypto investors Read More »

Mt. Gox begins repaying bitcoin to creditors a decade after exchange’s collapse — what it means

Mt. Gox begins repaying bitcoin to creditors a decade after exchange’s collapse — what it means

Finance News

Thomas Trutschel | Photothek | Getty Images The trustee for Mt. Gox, the Japanese bitcoin exchange that collapsed into bankruptcy a decade ago, on Friday said that the company has begun to make payments in bitcoin and in bitcoin cash to some of its creditors. The announcement added that repayments to other users of the hacked exchange

Mt. Gox begins repaying bitcoin to creditors a decade after exchange’s collapse — what it means Read More »

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