Arkham Intelligence has created a marketplace that allows people to buy and sell blockchain data. That’s bad news for the anonymity-loving world of cryptocurrencies.
By Nina Bambysheva, Forbes Staff
“Deanonymization is destiny.” For Arkham Intelligence, an Austin-based startup specializing in blockchain data, this thesis, proclaimed on its website, is inevitable. “Eventually, everyone's blockchain identity will be linked to their real-world id...
Tether Holdings, the issuer of the tether (USDT) stablecoin, announced on its website last week that it earned more than $1 billion of “operational” profit in Q2, a gain of 30% from the preceding three months. In Q1 Tether reported that its “net” profit was $1.48 billion.
Tacking on 30% would presumably bring “net” profit for the quarter that ended on June 30 to $1.92 billion. But read carefully, Tether did not report “net” profits in its la...
09/04 update below. This post was originally published on September 03
Elon Musk, the Tesla
TSLA
billionaire who embarked on a mission to transform Twitter into the X "everything app" last year, has been eyeing a major "PayPal update" that could cause bitcoin and crypto price chaos.
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The bitcoin price rally ...
Bitcoin
BTC
, ethereum and crypto prices have been thrust into severe uncertainty in recent months with Binance's chief executive issuing a "frank" warning over its future.
Subscribe now to Forbes' CryptoAsset & Blockchain Advisor and successfully navigate the bitcoin and crypto market rollercoaster
The bitcoin price has dropped back after rallying through the first few months of the year, spurring the ethereum price and other major c...
Bitcoin
BTC
is a technology and a network that is globally open and accessible. Since 2008, Satoshi Nakamoto's invention has brought a new shift in the financial realm, becoming more popular. This popularity has already taken over politics, with several politicians worldwide building agendas and strategies that include it.
Here you have a list of three candidates worldwide who are trying to push Bitcoin as part of their government plan...
Ethereum’s shift from proof-of-work to proof-of-stake in what is known as the “Merge” last September promised a more than 99% reduction in electricity consumption. A year later, the impact of this transition on the sustainability of the Ethereum
ETH
ecosystem remains uncertain. Before accepting claims that PoS is significantly more environmentally friendly than PoW, it's crucial to understand how metrics are derived, the underlying assumpt...
Shares of companies with substantial cryptocurrency holdings soared to double-digit gains in Tuesday trading as renewed optimism for the introduction of spot bitcoin ETFs kindled a short squeeze in derivatives based on the oldest digital asset.
Bitcoin
BTC
itself rose to $33,800 in New York afternoon trading, according to CoinGecko. It ended Friday at $29,493 and crossed the $30,000 threshold late on Sunday. At its current level, bitcoin...
Coinbase’s third-quarter loss narrowed as sales beat analyst expectations, with a lift from the crypto exchange’s new agreement with stablecoin issuer Circle.
Coinbase recorded $674 million in sales during the quarter, according to the company’s financial reports, beating analysts expectations compiled by FactSet of $651 million and a 14% increase from last year. Net loss was narrower than analysts’ forecasts, $2 million for the quarter inst...
Applied Digital is only beginning to make progress with its plan to diversify away from the cryptocurrency mining industry, but the data-center company’s shares to soared 17% on Tuesday after it announced a near-tripling of fiscal Q4 sales and the signing of its first artificial-intelligence (AI) clients.
The gain came despite a $6.5 million net loss, wider than the $2.3 million a year earlier, but the stock popped $1.46 to $10.24.
“That’s ...
