Chainalysis has raised $100 million in a Series E funding round, according to a press release. The company’s value is now sitting at $4.2 billion. Chainalysis is known for its work in the crypto industry, making it so that government agencies and other such entities...
Bitcoin dropped to $32,288, losing about 7.5 percent of its value, the lowest in a dozen days, as officials in China continued putting the brakes on mining operations, Reuters reported on Monday (June 21). “Crackdown on Chinese miners might mean that they are offloading coin...
Will Twitter integrate the bitcoin layer 2 payments protocol Lightning Network? CEO and Founder Jack Dorsey seemed to indicate as much on the social media platform this week, CoinDesk reported on Friday (June 11). Soon after Dorsey tweeted his appreciation for Sphinx Chat, a messaging...
Deborah Bussière has been appointed to serve as the inaugural chief marketing officer (CMO) of Grayscale Investments LLC, The Wall Street Journal reported on Thursday (June 10). Bussière worked as the global chief marketing officer at Broadridge Financial Solutions Inc. in the past. Grayscale had $53...
Twitter and Square CEO Jack Dorsey has come out in favor of bitcoin, saying Square would always work to boost the cryptocurrency, Bloomberg says. Dorsey said bitcoin “changes everything for the better.” He made the tweet in what seemed to be a response to a...
Argentinian tax authorities are looking at scrutinizing operations involving cryptocurrency, Cointelegraph writes. Argentina’s Federal Administration of Public Income (AFIP) has told domestic crypto exchanges to put out monthly reports on the way users are using their platforms. The authority wants local crypto firms to keep up...
Bitcoin tumbled some 15 percent on news that Elon Musk will no longer take the cryptocurrency for Tesla payments due to environmental concerns, CNBC and other news outlets reported. The entire cryptocurrency market lost more than $365 billion after the Tesla CEO tweeted that the...
Tesla no longer will accept Bitcoin payments for cars, company founder and cryptocurrency cheerleader Elon Musk announced on Twitter Monday (May 12). Bitcoin’s value on the Coinbase exchange fell sharply in the immediate aftermath of Musk’s tweet, dropping to $46,033 per Bitcoin from $54,605 in...
SpaceX, the company helmed by Elon Musk, is launching its “DOGE-1 Mission to the Moon” campaign, which “will obtain lunar-spatial intelligence from sensors and cameras on board with integrated communications and computational systems” and fly to the actual moon, CNBC writes. CNBC reports that the...
