What a Dubai Court Ordering a Company to Pay Its Employee in Crypto Means
The ruling may not necessarily mean crypto is legalized for salary payment in general, two Dubai-based lawyers told CoinDesk.
Financial
Financial
Attention Bitcoin Traders, the Japanese Yen Is Strengthening Again
A similar yen outperformance early this month triggered carry unwind and rocked risk assets, including cryptocurrencies.
Financial
TON Leads Crypto Majors as BTC, ETH Remain Flat
GameFi heavy TON outperformed the CoinDesk 20 during the Monday trading day in Asia.
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Shaquille O’Neal Will Have to Defend Some of the Allegations Against Him in the Astrals NFT Lawsuit
The court did not dismiss the allegation that Astrals sold tokens which were unregistered “securities.”
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Trump’s Election Odds Are Not The Dominant Driver of Bitcoin’s Price, Data Show
Many crosscurrents influencing prices, such as U.S. monetary policy expectations and supply overhangs, might be responsible for the weak correlation between election odds and BTC prices.
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Bitcoin Mining Profitability Fell to All Time Lows in August, JPMorgan Analyst Says
U.S.-listed miners’ share of the network hashrate increased to 26% this month, the highest level on record, the report said.
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Nigeria Court Freezes $38M of Crypto Allegedly Sent to Support Protests in the Country: Reports
Nigerian authorities have traced $50 million of cryptocurrency sent to support recent protests, local media reported.
Financial
First Mover Americas: Crypto Trades Little Changed Following Thursday’s Slide
The latest price moves in crypto markets in context for Aug. 16, 2024.
Financial
Bitcoin, Ether Held in BlackRock ETFs Cross Those of Grayscale’s for the First Time
Recent flows show GBTC experiencing outflows, while BlackRock’s ETHA saw inflows, contributing to this shift.
Financial
Digital Payments Platform Flexa Launches Crypto Point-of-Sale Tool
Flexa Components will allow retailers to accept crypto payments like USDC at the point of sale.