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To claim aidrops, users had to download Magic Eden's wallet, a highly atypical process that industry insiders said threatened to breach security best practices.

U.S. spot bitcoin ETFs now control more of the cryptocurrency than its pseudonymous founder.

WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen said on Tuesday she was worried that President-elect Donald Trump's plans to levy broad import tariffs could derail progress in quelling inflation and raise costs for households and businesses. Yellen, at a Wall Street Journal CEO Council event, also said she was concerned about U.S. fiscal sustainability and said Congress needed to look for ways to pay for any extensions of Trump's 2017 individual and small-business tax cuts, which are due to expire in 2025. "So it would have an adverse impact on the competitiveness of some sectors of the United States economy and could significantly raise costs to households," Yellen added.

(Bloomberg) -- Bond traders are taking chips off the table, opting for a more neutral stance before Wednesday’s US consumer-price data, which will be decisive in setting expectations for whether the Federal Reserve cuts interest rates again this month. Most Read from BloombergBrace for a Nationwide Shuffle of Corporate HeadquartersCloud Computing Tax Threatens Chicago’s Silicon Valley DreamSan Francisco, Paris Named Best Cities for Urban TransportationA Chicago Skyscraper Cements the Legacy of a

Regulators from both countries are looking to collaborate to foster crypto innovation.

Microsoft (NASDAQ:MSFT) shareholders will cast their votes on whether the company should publicly assess adding Bitcoin to its balance sheet on Dec. 10. The vote, scheduled for 8:30 AM PST, comes as Bitcoin (CRYPTO: BTC) trades at $98,050, after ...

Microsoft shareholders rejected a proposal that would've tasked the company's board of directors with considering investments in bitcoin as a means of diversifying its portfolio.

U.S. stock indexes are drifting lower Tuesday in the runup to the highlight of the week for the market, the latest update on inflation that’s coming on Wednesday. Tech titan Oracle dragged on the market and sank 7.8% after reporting growth for the latest quarter that fell just short of analysts’ expectations. Oracle’s stock had already leaped nearly 81% for the year coming into Tuesday, which raised the bar of expectations for its profit report.

The two Bitwise executives have worked tirelessly to get crypto exchange-traded funds approved by the SEC, and this year they finally succeeded.

As adoption grows, Bitcoin’s peer-to-peer system faces challenges from centralized control and institutional narratives.