cryptocurrency

  • Facebook Messaging VP David Marcus joins Coinbase board

    Facebook Messaging VP David Marcus joins Coinbase board

    Coinbase is growing up fast — or at least trying to. As an emblem of its current effort to accommodate the massive demand on its platform, the mainstream U.S. cryptocurrency exchange just added Facebook Vice President of Messaging Products David Marcus to its board of directors. Read More

  • Revolut merges mobile banking with cryptocurrency trading

    Revolut merges mobile banking with cryptocurrency trading

    Revolut is merging traditional banking and cryptocurrency to let you buy, sell, trade, and hold Bitcoin, Litecoin, and Ether alongside 25 world fiat currencies. The $90 million-funded mobile banking startup is trying to erase the divide between old and new money. Revolut‘s CEO Nikolay Storonsky announced on stage today at TechCrunch’s Disrupt Berlin conference that… Read More

  • Parity CEO is confident that $150M in frozen Ethereum isn’t lost forever

    Parity CEO is confident that $150M in frozen Ethereum isn’t lost forever

    Earlier this year, Parity Technologies seemingly lost about $150 million worth of Ethereum (513,774.16 Ether) when a user of its wallet accidentally deleted a code library that made Parity’s wallets work. At least 1 million in ETH became frozen — and about $90 million of those were actually from Parity co-founder and Ethereum core developer Gavin Wood’s token sale for its… Read More

  • The Sun Exchange funds solar installations with micro-investments and bitcoin

    The Sun Exchange funds solar installations with micro-investments and bitcoin

    Solar power could transform small communities around the world, but remote villages can’t always scrape together the thousands of dollars required to install the cells. The Sun Exchange wants to change that by leveraging the hearts and wallets of hobby investors, who cover the installation costs and then have their share of the revenue trickle in for years to come. There’s even… Read More

  • Coinbase ordered to give the IRS data on users trading more than $20,000

    Coinbase ordered to give the IRS data on users trading more than $20,000

    Most digital currencies exist in a sort of twilight state just beyond the grasp of federal regulators, but the U.S. tax authority is starting to get savvy to this whole bitcoin thing. On Wednesday, a federal judge in San Francisco ruled that Coinbase must supply the IRS with identifying information on users who had more than $20,000 in annual transactions on its platform between 2013 and 2015. Read More

  • One bitcoin is now worth $10,000

    One bitcoin is now worth $10,000

    It happened. One bitcoin is now worth $10,000. The milestone was hit on international exchanges earlier in the day (where prices are normally a few percent higher) and was just crossed on U.S exchanges like Coinbase and Gemini a few minutes ago. This comes two days after bitcoin hit $9k, and eight days after it crossed $8k. This $10,000 marks a bull rally essentially never before seen in… Read More

  • Japanese bitcoin exchange bitFlyer is coming to the US

    Japanese bitcoin exchange bitFlyer is coming to the US

    Japanese cryptocurrency exchange bitFlyer announced today it’s expanding to the U.S., with approval to operate in 42 states starting today. This includes regulatory approval in New York via the state’s Department of Financial Services’ “BitLicense”, which only five other cryptocurrency companies currently have. For comparison, Coinbase has approval to operate in… Read More

  • Bitcoin is over $9,000

    Bitcoin is over $9,000

    Well, it’s over $9,000. Even as you recoup from attempting to explain Bitcoin to your family over the Thanksgiving dinner table, the value of the cryptocurrency is growing at an increasingly hefty pace. As of the time of this writing, the value of a single Bitcoin was above $9,143, climbing nearly 6 points in the past 24 hours. At a certain point, news of clearing these incremental… Read More

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