Financial News

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Aug 2 2023 10:00

Bitcoin Lightning on Coinbase agenda, Brian Armstrong tells Jack Dorsey

Armstrong confirmed that Coinbase was looking into adding support for Bitcoin Lightning while reassuring his support for Bitcoin payments.
Aug 2 2023 10:00

Bitcoin Ordinals team launches nonprofit to grow protocol development

The Open Ordinals Institute aims to bolster the protocol’s future development as Ordinals inscriptions hit a milestone of 21 million.
Aug 2 2023 05:00

FTX creditors unimpressed with exchange's bankruptcy exit plan

FTX’s official creditor committee said the current plan would add costs and delays to what’s already on track to be a historically expensive bankruptcy.
Aug 2 2023 04:00

Bitcoin Bounds Past $29.9K on MicroStrategy BTC Purchasing Plans; ADA, SOL Turn Green

CRV was up more than 5% after Tron blockchain founder Justin Sun purchased more than $2 million of the token. ETH, SOL remained in slightly negative territory despite climbing in recent hours.
Aug 2 2023 04:00

MakerDAO’s MKR, Ripple’s XRP and Stellar’s XLM Led Crypto Gainers in July

Cryptocurrency giants, bitcoin and ether, meanwhile, lost ground during the month.
Aug 2 2023 04:00

MicroStrategy Takes $24M Q2 Charge on Multibillion-Dollar Bitcoin Haul

The software firm reported its second-quarter earnings after the close on Tuesday.
Aug 2 2023 04:00

Bitcoin Has Been More Stable Than Gold and Stocks; Violent Price Action Could Ensue

Prior uneventful periods preceded major eruptions in volatility for BTC’s price, crypto analytics firm K33 Research noted.
Aug 2 2023 04:00

DeFi Died and We Didn’t Even Notice

The behavior of Curve founder Michael Egorov is warning to all, and proof that DeFi isn’t really that different from traditional finance.
Aug 1 2023 22:00

2023 Layoff Tracker: CVS Cuts 5,000 Jobs

Layoffs continue apace after more than 136,000 employees were cut by major U.S. companies in the first quarter of 2023.
Aug 1 2023 05:00

Crypto market loses $486M in July, most since 2022: Report

According to the report, nearly half of the month’s losses were caused by the Multichain exploit, which resulted in $231 million in losses alone.
Aug 1 2023 05:00

Lawyers for tech consultant Nima Momeni say he had no reason to kill Cash App founder Bob Lee

Attorneys for Nima Momeni, the tech consultant charged in the death of Cash App founder Bob Lee, said Monday that the two men had a cordial relationship and the defendant had no reason to kill him.
Jul 31 2023 21:00

Ron DeSantis' economic platform goes after China, corporations and the 'elites'

Florida Gov. Ron DeSantis unveiled his economic agenda, interspersing conservative talking points with pledges to go after corporate socially conscious investing or diversity initiatives.
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