Bitcoin mining giant Bitmain's co-founder Micree Zhan, who was abruptly ousted from the company last week, said he's going to take legal action to secure his return to the firm. Read More

Tags News | Bitmain |

Square’s Cash App reports that first-time Bitcoin buyers almost doubled in Q3 2019, despite the low profit margin on BTC sales. According to its Q3 2019 shareholder letter, Square’s Cash App reported many new first-time Bitcoin (BTC) buyers, but low profits related to its Bitcoin business.On Nov. 6, payment processing giant Square issued a Read More

Tags Bitcoin | cryptocurrencies | Square |

Calibra CEO David Marcus said the firm is investigating how it can appoint an auditor to ensure that financial data and personal data from Facebook do not intermingle. Calibra cryptocurrency wallet CEO David Marcus spoke at the New York Times Dealbook Conference in New York City where he discussed the worldwide regulatory scrutiny the stablecoin project continues to face, among other topics.Calibra is considering an auditor for personal data practices On Nov. 6, the co-creator of Facebook’s Libra coin had a sit-down Read More

Tags Blockchain | cryptocurrencies | Facebook | Libra | stablecoin |

MUFG launched a 22-member research consortium of security issuers, broker dealers and tech companies to set standards for security token management. Read More

Tags News | Business News | Capital Markets | Banking | Santander | Nomura | MUFG | Mitsubishi UFJ Financial Group | NTT Data | Security Tokens | Securitize |

U.S.-based cryptocurrency exchange and wallet service Coinbase is now introducing staking rewards for all Tezos holders on the exchange. United States-based cryptocurrency exchange and wallet service Coinbase said today that it has expanded access for staking the cryptocurrency Tezos (XTZ).In a blog post on Nov. 6, Coinbase announced that it ... Read More

Tags Blockchain | cryptocurrencies | USA | Tezos | Exchanges |

After a brief period of trading above its long-established resistance level at $0.30, XRP has once again fallen back into the upper-$0.20 region, which may mean that it is in for an extended bout of sideways trading. Analysts are still optimistic, however, that the cryptocurrency could see further gains in the near-term, with one analyst... The post XRP May Target $0.45 in Near-Term Despite Falling Below $0.30 appeared first on NewsBTC. Read More

Tags Crypto | Ripple | crypto | xrp |

Deribit CEO John Jansen says the crypto exchange's $1.3 million payment to investors helped them stay competitive. Read More

Tags News | Exchanges | Deribit |

The Dai stablecoin has hit its 100 million token debt ceiling ahead of an upgrade to its collateral protocol. The Dai (DAI) stablecoin has reached its 100 million token debt ceiling, meaning that there are currently 100 million Dai tokens minted. Data from Etherescan shows there are the top 100 holders of the Ethereum-based stablecoin hold over 72 percent of all Dai tokens.  Read More

Tags Blockchain | Cryptocurrencies | Tokens |

Malaysian authorities have arrested five individuals in connection with the robbery of 85 Bitcoin mining units. The machines were taken from a shop in the town of Seremban on October 29. The units themselves were valued at around $10,000. Those behind the robbery are thought to have stolen the machines to deploy them themselves. Five... The post Bitcoin Mining Bandits Arrested in Malaysia appeared first on NewsBTC. Read More

Tags Bitcoin | Crypto | bitcoin | mining | Robbery |

Once again, fintech giant Square has shocked the Bitcoin industry with its latest earnings report; the company’s flagship product, the Cash App, sold $148 million worth of BTC in fiscal Q3 of 2019. This marks significant retail interest in cryptocurrency from Square’s American clientele. Related Reading: Bitcoin Likely to Break Past $10,000 in Next Bout... The post Square’s Cash App Sold $150M Worth of Bitcoin in Q3: 250% YoY Growth appeared first on NewsBTC. Read More

Tags Bitcoin | bitcoin | Cash App | Jack Dorsey | Kevin Rooke | square |