The organizers of an online poker game aim to raise thousands of dollars to support charities fighting the coronavirus. The crypto community is rallying around the charge to fight COVID-19, with a variety of initiatives raising money to fight the pandemic and support charities on the front lines of the battle. The most recent: an […]
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A deadline was set at May 4 to define who will represent Canaan stakeholders’ interests in class-action lawsuit against the mining firm. Law firm Robbins Geller Rudman & Dowd LLP announced on April 7 that the lead plaintiff motion deadline in the Canaan securities IPO class action lawsuit was set for May 4, 2020. The […]
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Who knew 140 characters would go this far? Twitter CEO and Square founder Jack Dorsey has started a new fund called Start Small LLC, aimed at fighting COVID-19. He’s seeding the fund with $1 billion, roughly 28% of his wealth. He shared the news via Twitter: Source: Twitter The fund’s efforts will initially focus fighting […]
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JPMorgan chairman and CEO Jamie Dimon predicts a major recession on par with the Great Recession of 2008. JPMorgan Chairman and CEO Jamie Dimon praised the U.S. government for quick action in the wake of COVID-19, yet he criticized it for not having a “pandemic playbook.” Dimon is mostly known among the crypto community for […]
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Crypto expert Bobby Lee said Bitcoin could hit $10,000 by May, and $25,000 by December. Crypto exchange founder, Ballet crypto wallet company CEO and founder, and member of the Bitcoin foundation’s board of directors, Bobby Lee, sees soaring prices in Bitcoin’s (BTC) future. Lee said he expects Bitcoin to hit $10,000 by its block reward […]
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Russian authorities detained a group of online criminals that sold massive amounts of counterfeit banknotes on the dark web in return for crypto. Russian authorities have detained a group of online criminals that reportedly sold massive amounts of counterfeit banknotes on the dark web in return for cryptocurrencies. According to an April 7 report from […]
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The eternal battle between the ideology of decentralization and the pragmatism of the real world underpins most of the discussion on the future of MakerDAO. As part of its Black Thursday mitigation efforts, MakerDAO introduced USDC as a form of collateral. While this was an emergency measure, it touched the very sensitive topic of centralized […]
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Social Capital CEO and former Facebook executive Chamath Palihapitiya believes Bitcoin’s price will either explode amid economic collapse or go to zero. In a recent discussion with Morgan Creek Digital Partner Anthony Pompliano, Social Capital CEO and former Facebook executive Chamath Palihapitiya asserted that the price of Bitcoin (BTC) will either reach “millions,” or go […]
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The Bitcoin price has increased by two-fold in less than a month, surging from $3,600 to over $7,350. Here are three main factors that likely contributed to it. The Bitcoin (BTC) price has increased by two-fold in less than a month, surging from $3,600 to over $7,350. While traders believe a combination of many factors […]
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The virtual hackathon will take place from April 13 to May 11, aiming to combat coronavirus and preventing future pandemics. ConsenSys Health announced on April 7 the launch of the “STOP COVID-19 Virtual Hackathon,” which will take place from April 13 to May 11, 2020. The initiative is sponsored by Gitcoin, Hyperledger, ConsenSys, One Million […]
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