Sam Bankman-Fried said bitcoiners shouldn't shy away from conversations about the cryptocurrency's energy use.
A quarter of Australians say they have engaged with cryptocurrency markets this year, according to Finder. Following the ATO’s announcement it would be focusing on cryptocurrency profits this tax season, experts have warned crypto exchanges may not provide adequate resources to help users declare profits or losses. “We find that […]
Block.one, backed by Peter Thiel, is launching a crypto exchange called Bullish. Big-name investors including Mike Novogratz are on board.
The events in Turkey showed how risky some corners of the cryptocurrency market can be, analyst said.
Coinbase's IPO "immediately reprices all the companies and all the deals in this space," said crypto exchange boss Kris Marszalek.
"The crypto markets are very young and we expect many more companies to compete for the profits Coinbase enjoys today," CEO David Trainer said.
Crypto exchange Coinbase, which plans to go public on April 14, said a sharp fall in cryptocurrency prices could trigger a big drop in monthly users.
Coinbase is set to go public soon, but New Constructs' David Trainer says investors should avoid the stock if the valuation is anywhere close to what's currently indicated.
RBC analysts lifted their price target for Apple to a street-high $US171, implying a 25% rally from Friday’s close. The tech giant can unlock a multibillion-dollar business by opening its Wallet app to crypto trading, RBC said. Apple can attract users to the service by buying $US1 billion in bitcoin […]
Bitcoin’s decentralized nature has been one of its biggest selling points, but imperfect storage methods have made millions of the tokens inaccessible. About 20% of the 18.5 million bitcoin in existence – worth about $US140 billion – is estimated to be lost or stuck in locked-off digital wallets, The New […]
Cryptocurrency exchange Coinbase has started planning for a stock market listing that could take place as soon as this year, Reuters reported Thursday, citing sources familiar with the matter. If the Securities and Exchange Commission signs off on the listing, Coinbase could become the first publicly traded cryptocurrency marketplace. The […]
On Wednesday, Goldman Sachs released a report that outlined five reasons that cryptocurrency is not an asset class or a suitable investment. The report drew backlash from cryptocurrency fans, mostly on Twitter. “Hey Goldman Sachs, 2014 just called and asked for their talking points back,” Cameron Winklevoss, the co-founder of […]
Bitcoin plunged after cryptocurrency exchange Bitfinex drained at least $US700 million from the reserves backing its digital coin, Tether, to cover up $US850 million in missing funds, according to a lawsuit filed by the New York Attorney General. The attorney general’s office accused it of “ongoing fraud” and engaging in […]
Cryptocurrency exchange HBUS poached a venture capitalist from Draper Athena to flex its investment and M&A muscle. The new appointment comes at a time when investments and M&A activities are surging in the crypto field. HBUS, the US-based strategic partner of crypto exchange Huobi, has poached a venture capitalist from […]
Coinbase, one of the most prominent cryptocurrency exchanges, has announced plans to open an office in Ireland’s capital, Dublin. The announcement is part of the company’s contingency planning for a no-deal Brexit. “As we plan for all eventualities, it’s important that we continue servicing our customers across Europe, and Ireland […]
Researchers at Yale University have carried out analysis to determine what factors can predict crypto price movements. They said crypto markets demonstrate a strong momentum effect, and there’s a strong correlation between prices and general public interest. Yale economist Aleh Tsyvinski said the market is still subject to other factors […]
Seven cryptocurrency exchanges around the world were targeted by hackers in 2018, the WSJ reports. Going back to 2011, more than 56 cyberattacks have taken place, resulting in the theft of more than $US1.6 billion. Security threats have weighed on market sentiment, but there are also opportunities for companies provide […]