• Sen. Loeffler loses election
    People

    Crypto vet Kelly Loeffler loses Senate seat

    Sen. Loeffler, who stepped down as CEO of crypto derivatives platform Bakkt in December 2019 to take up a Georgia Senate seat, appears to have lost her re-election campaign

    Loeffler resigned as CEO of Bakkt, a cryptocurrency derivatives exchange and custody firm owned by NYSE-parent company Intercontinental Exchange, or ICE, shortly ahead of her appointment to Georgia’s empty U.S. Senate seat on Dec. 4, 2019.

  • Ripple Garlinghouse come out swinging SEC XRP
    Bitcoin,  Ethereum,  Ripple,  XRP

    Ripple, Garlinghouse come out swinging at SEC’s XRP lawsuit

    Saying it is fighting for the entire crypto industry, Ripple and its CEO responded aggressively to the Securities and Exchange Commission’s claim that XRP is an unregistered security they sold illegally

    Rather than the accommodating tone most companies take when sued by the SEC, Ripple, Garlinghouse, and Larsen have come out the door swinging, accusing the agency of legislating by litigation and promising to fight the charges vigorously on behalf of both themselves and the larger cryptocurrency industry.

  • Bitcoin shoots past $15K
    Bitcoin,  Politics

    Breaking: Bitcoin shoots past $15K

    With the broader markets encouraged by a presidential election coming to a calm close, Bitcoin rose more than $1,000 in a day

    Bitcoin surged past $15,000 today, quickly breaking first $15,100 and then briefly $15,200 on a bull run that began below $14,000 on Nov. 4. The surge came as the U.S. waits for news of the presidential election, which is increasingly looking like Democrat Joe Biden will squeak out a narrow win over President Donald Trump, but that Republicans will maintain control of the Senate—a divided government that will likely mean a quick stimulus package and moderate tax increases.

  • Celo mainnet launch
    Cryptocurrencies

    Celo mainnet launch paves way for nearly free cross-border payments

    The social impact-focused foundation driving the ecosystem says the launch enables its Celo Gold staking token to be sent and received

    After two-and-a-half years of development, the Celo Foundation has announced that its mainnet has officially launched. The proof-of-stake blockchain enables stablecoins to be sent to phone numbers instead of blockchain addresses.