Latest Smartphones, Gadgets and Startups News
Bitcoin
In a non-binding sentiment check, Arbitrum representatives expressed support for a plan to release $71 million in Ethereum frozen after last month’s Lazarus-related rsETH breach, amid a fierce battle in U.S. courts over the ownership of the funds. The first phase of the so-called temperature check ended on Friday afternoon Hong Kong time with a…
Zcash Open Development Labs founder and CEO Josh Swihart told an audience at the Consensus Conference in Miami on Thursday, hosted by Mert Mumtaz, founder of Solana infrastructure company Helius, that Zcash will launch a quantum-recoverable wallet within a month and reach a fully post-quantum state within 12 to 18 months. A separate scaling track…
The rise in U.S. stocks points to a speculative frenzy. This matters for Bitcoin as analysts have linked the cryptocurrency’s recent gains to increased risk-taking on Wall Street. Overheating signals come from options related to the S&P 500 Index. These derivatives contracts allow traders to bet on or hedge against index movements. A call option…
Some Revolut users saw Bitcoin briefly show well below market prices on Friday, with app charts showing Bitcoin suddenly plummeting before rising back to near prevailing levels in what appeared to be a pricing display issue or a liquidity-related dislocation. Revolut’s official Bitcoin page shows that BTC briefly stalled around £29,414 on Revolut’s single-day chart…
In some Latin American markets, stablecoin-based cards could soon account for double-digit percentages of all cards, said John Timoney, head of strategic partnerships at payments infrastructure platform Rain. Timoney said at the Consensus Miami Conference 2026 that retail stablecoin card spending has increased by approximately 105% to 106% over the past year. Cards can be…
Bitcoin Bitcoin$80,399.78 Brent crude oil prices briefly fell below $80,000 on Thursday night after the United States launched a new round of air strikes on Iran, causing Brent crude oil to briefly exceed $100 a barrel before giving up some of its gains during the Asian and European sessions. Strategy Chairman Michael Saylor said that…
Coinbase (COIN) reported hours of disruption to cryptocurrency trading on Thursday, which the Nasdaq-listed exchange attributed to an outage in Amazon Web Services. The incident drew criticism as Coinbase continues to contend with declining trading activity, quarterly losses and employee layoffs. The cryptocurrency trading platform said users were unable to trade across web and mobile…
Friday’s U.S. non-farm payrolls report could bring volatility to the cryptocurrency market. According to Reuters, economists expect job growth to slow sharply in April, with employment expected to rise by just 62,000 compared with 172,000 in March, while the unemployment rate is expected to hold steady at around 4.3%. At first glance, the weak hiring…
The U.S. labor market continued to show at least modest strength in April, data from the Bureau of Labor Statistics showed on Friday. The economy added 115,000 jobs this month, well above economists’ expectations for 62,000 but down from 185,000 in March (based on a revision from the original report of 178,000). The unemployment rate…
Coinbase’s (COIN) weak first-quarter earnings report sparked another divide on Wall Street over whether the cryptocurrency platform is building a more durable business or remains tied to cryptocurrency’s boom and bust cycles. The company missed revenue estimates and revised EBITDA, with several analysts lowering their forecasts as trading activity in the cryptocurrency market slowed. Still,…