Ripple’s patented design would allow derivatives to settle based on external information – such as temperature data. Source link
Paddy Baker
190 posts
U.K. users of the exchange who have received £5,000 or more in the past tax year will have their information passed to the tax authority. Source link
Free of charge for eToro clients, the new staking service will initially support Cardano and TRON but will add other tokens in due course. Source link
A token for rewarding content on a specific Reddit forum now has the unusual honor of being thousands of times bigger than the entire global economy… kind of. MOON, a community token for the r/Cryptocurrency subreddit, technically has a market cap of over $2.88 septillion (that’s 24 zeroes) at press time. That dwarves the global economy which, as per data from the World Bank, came to approximately $133 trillion in 2019. So on paper, a four-month old token, designed to reward good content on a subreddit, has “mooned” to become 2,000 times bigger than the value of everything else humanity has […]
Gemini said adding shielded zcash withdrawals showed regulators could be made to be comfortable with privacy coins. Source link
Coinbase’s Brian Armstrong dropped a bombshell on corporate America and the culture wars when he told employees, firmly, to keep activism out of the workplace. In a blog post on Monday, Armstrong said Coinbase employees should be “laser focused” on the company’s mission: to create an open financial system for the world. The message is clear: Coinbase won’t touch topics unrelated to its business and it expects employees to pursue social activism in their own time. Armstrong predicted his blog might stir up some controversy. He was right. Twelve hours after publication, the post has split the crypto industry straight down […]
Three years after its $257 million ICO, decentralized data storage provider Filecoin has said mainnet will go live in mid-October. Source link
Nasdaq-listed bitcoin miner manufacturer Ebang said the pandemic had disrupted its supply chain and led to a significant drop in revenue. Source link
Accredited investors worried about out-of-control inflation have poured millions into Bitwise’s bitcoin fund as a means to preserve the value of their portfolios. An amended filing with the Securities and Exchange Commission (SEC) last week showed the asset manager had raised, in total, just under $8.9 million for its Bitcoin Fund, which provides accredited U.S. investors with exposure to bitcoin through a traditional product. This marks the single-largest increase in assets raised in the fund’s two-year history. A filing from 2019 shows the Bitcoin Fund had attracted $4.1 million in investment, meaning the fund has more than doubled in size in […]
Bitcoin’s price woes this month likely put investors off from purchasing crypto ETPs, pushing volumes into a nosedive. Source link
The launch of the cross-border trade blockchain comes as Ant stokes up enthusiasm for its public offering – set to be the largest on record. Source link
Dune Analytics data shows nearly 80% of the current UNI token supply has so far been snapped up by eligible Uniswap wallet addresses. Source link
The European Commission has formally proposed legislation that will provide a comprehensive regulatory regime for cryptocurrencies. Source link
A growing force in the crypto space, Visa says it’s getting more and more industry firms interested in payments partnerships. Source link
Uniswap’s week-old governance token is outperforming more established cryptocurrencies Wednesday. Source link
Following a retail bonanza this summer, trading app Robinhood says it has raised $660 million in an extended Series G round. Source link
The new ETF product will track an index currently being designed by Nasdaq that will provide broad exposure to the digital asset market. Source link
One of the oldest venture firms in crypto has joined the Libra Association and will provide expertise and guidance on the launch of its payment system. Source link
Grant Thornton said the process of repatriating $100 million worth of crypto assets from the now-defunct Cryptopia exchange will begin later this year. Source link
Uniswap’s new UNI token is already trading at double the price it started out when it launched less than two days ago. Source link
Twitter is making a host of new security measures compulsory for accounts belonging to users considered influential in the upcoming election. Source link
Uniswap’s new UNI tokens can be deposited on Coinbase Pro immediately, with trading to follow when there’s sufficient liquidity. Source link
The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Source link
Michael Saylor, the founder of MicroStrategy, said Tuesday his company has acquired an additional $175 million in bitcoin (BTC) in a single purchase. Source link
Gelato said the seed round will fund further development of its bot network that will provide automated smart contract execution. Source link
The already highly priced YFI governance token for yEarn.Finance has jumped an additional $6,000 on the news it’ll be listed on Coinbase Pro. Source link
Crypto.com’s new Defi Swap product will provide yet another platform on which users can token swap and yield farm. Source link
Finance ministers from five European countries have called on the EU Commission to introduce tough regulation for stablecoins. Source link
The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Source link
The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Source link
Ripple has disputed Youtube’s claims it knew nothing about XRP scams on its site, saying it alerted the video platform hundreds of times. Source link
AT&T has won a motion to dismiss a $200 million punitive damages claim from Mike Terpin, who lost $24 million in crypto via SIM hack Source link
eToro’s GoodDollar initiative will provide a universal basic income for some of the world’s poorest by incentivising people to yield farm on its platform. Source link
A new app that allows users to buy bitcoin, as well as earn interest on holdings, is reportedly looking at going public in the U.K. UPDATE (Sept. 7, 13:50 UTC): This article has been updated to clarify that Mode Banking uses custodial provider BitGo to hold customer assets. Source link
CryptoCompare’s latest report shows crypto derivative volumes were up 54% in August – likely a result of the rally in bitcoin’s price. Source link
Peer-to-peer cryptocurrency payments are now live on Ziglu, a week after the app-based platform got its EMI license from a U.K. watchdog. Source link
The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Source link
The exchange giant is hoping to capitalize further on the DeFi boom with a new centralized trading platform that makes it a rival of the likes of Uniswap. Source link
Tether and affiliate exchange group iFinex have called for a market manipulation suit to be dismissed – partly, they say, because plaintiffs don’t prove that billions of dollars of unbacked stablecoins did actually enter the market. Read the memorandum in full below: Source link
Bank of England Governor Andrew Bailey wants coordinated global regulation around stablecoins as the payment method picks up steam. Source link
Citizens and companies in Zug will be able to pay up to $109,000 of their tax bill in either bitcoin or ether from February next year. Source link
Robinhood is reportedly under investigation by the SEC for not fully disclosing that it was passing customer orders onto market makers. Source link
Three trading platforms focused on the retail market have participated in the $4.75 million Series C for a crypto settlement service. Source link
A U.S. lawsuit that alleged the Tezos ICO was an unregistered securities sale has been settled for $25 million. Source link
The 180 megawatt facility that will be able to host 50,000 bitcoin mining rigs is set to launch sometime in early September. Source link
CORRECTION (Aug. 20, 13:18 UTC): Adds context at the top of the story to make it clear it’s the price of a single YFI that’s more expensive than a single BTC and that the overall market value of bitcoin continues to be vastly greater. Also notes other tokens are priced above bitcoin, but YFI is the only one with notable trading volume. Though the total market value of yEarn.finance’s governance token (YFI) is still little more than a rounding error compared with sector behemoth bitcoin’s (BTC), the explosive growth of decentralized finance (DeFi) along with the recent fallback in BTC have […]
Markets have responded well to Algorand’s plans to get in on the DeFi action – the native ALGO token has experienced a jump in price. Source link
The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Source link
The DeFi craze continues as investors stake $200 million in a new yield farming protocol that’s not even 12 hours old yet. Source link
A governance token for DeFi investment protocol yEarn Finance has shot up to over $11,000 despite barely being a month old. Source link
Chainlink’s LINK token has surged nearly 1,000% over the past five months – some are worried the market is beginning to overheat. Source link
This is the second time the bitcoin price has soared past the $12,000 milestone in 2020 – it still has a way to go before it closes in on the 2019 record. Source link
Investors suing Nvidia have opposed a motion from the U.S. chipmaker that would shut out the testimony from an ex-employee. Source link
Pantera has informed the SEC its crypto fund has recieved a total of $164.7 million from investors with portfolios worth over $5 million. Source link
The CEO of Ripple Labs, Brad Garlinghouse, has criticized the Financial Times for saying his company plans to move away from interbank payments. Source link
An agency attached to the U.S. Department of Agriculture said it expects blockchain will play an important role in the sector’s supply chains. Source link
Cryptocurrency exchanges holding user funds have risked falling into numerous security pitfalls by failing to ensure security protocols are properly implemented, according to new research. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Source link
A member of the Australian cabinet has said a new government-backed initiative, which uses blockchain, can help grow the national economy and create new jobs. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Source link
The 17-year-old behind July’s Twitter hack has pled not guilty; the defense says bail posted is “grossly inappropriate” to the amount of money stolen. Source link
Jack Dorsey’s Square has seen one of the largest quarterly increases yet for its bitcoin business. Source link
Twitter hack alleged ringleader Graham Clark, the subject of a previous criminal investigation, had bail set at $725,000 at his first court appearance Saturday. Source link
Madrid-based payment app and card issuer 2gether said it can only reimburse investors with its native tokens following Friday’s hack. Source link
Matic wants its incubator fund to incentivize promising DeFi projects to build on its scalable sidechain, rather than directly onto Ethereum itself. Source link
With the $15.1 million in Q2, MoneyGram has so far received $43 million for providing liquidity for Ripple’s XRP-based settlement system. Source link
The central bank’s most senior economist now runs the department responsible for the digital currency task force and working group with other central banks. Source link
Elrond’s move onto mainnet will replace 19.98 billion testnet tokens with 20 million mainnet tokens at a rate of 1000:1. Source link
Newly launched derivatives platform EQUOS.io is set to become the United States’ first publicly-traded crypto exchange later this year through a “backdoor listing” on the Nasdaq. SPACs are shell companies that use funds from their initial public offerings (IPOs) to acquire target companies, bringing them public through the “backdoor.” Around since the 1990s, they’ve experienced something of a renaissance in recent years, with the total amount raised hitting a record $13.6 billion in 2019 – more than four times the $3.2 billion in 2016. Diginex CEO Richard Byworth told CoinDesk that SPACs were faster and cheaper than traditional listings. In addition, […]
Matrixport has set up its own derivatives exchange and now wants to take on Deribit, the market leader for crypto options. Source link
Having only settled with the SEC last year, the PlexCoin founders now face a fresh round of charges from the Department of Justice. Source link
Bitcoin Suisse said some of the funding will go on new product offerings if its banking license applications are successful. Source link
The stock market isn’t usually considered an ally of cryptocurrencies, but with the big U.S. exchange Coinbase now rumored to be considering a share listing, some digital-asset industry insiders say a move toward more public ownership could accelerate mainstream adoption. By becoming publicly traded, cryptocurrency-focused companies could appeal to investors in the $35 trillion U.S. stock market. Back-of-the-envelope math shows that just a 1% allocation into crypto stocks could mean $350 billion of new investments for companies in the space. Compare that with the $287 billion total market value of digital-asset markets, and suddenly there’s a lot more capital going into the industry, even if it’s not […]
The alleged BTC-e operator stands accused of extortion, aggravated money laundering and conspiracy. Source link
Carlos Ghosn’s son paid approximately 63 bitcoin, now worth $608,000, to the two men who smuggled his father out of Japan last December. Source link
As a registered broker-dealer, Watchdog Capital said it is in a position to offer a whole host of SEC-exempted offerings for security tokens. Source link
Days after announcing an expected $200 billion IPO, the Alibaba affiliate has rebranded its enterprise blockchain to AntChain. Source link
Ethereum fees are at a two-year high as the hype around decentralized finance (DeFi) leads to a surge in network activity, according to Coin Metrics. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Source link
Under the central bank’s proposals, Singapore regulation would end up covering the overseas activities of locally based crypto companies. Source link
The dual-listing could turn Alibaba affiliate Ant Group into one of the largest companies operating in the blockchain space. Source link
Under the U.K. government’s proposals, unauthorized companies would need explicit approval to legally market cryptocurrency products. Source link
Mastercard said Wire is the first crypto company to become a principal member, meaning it can directly issue payment cards to its customers. Source link
Malaysia’s financial watchdog says Binance and eToro don’t comply with the country’s securities law; it’s unlikely to make much of a difference to their local operations, however. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Source link
Thailand’s digital currency is backed by the central bank’s foreign currency reserves, which have grown by $25 billion over the past 12 months. Source link
The group behind Wednesday’s Twitter hack targeted up to 130 accounts and managed to gain full control of a smaller subset. Source link
OKCoin says its regulated status and liquidity mean users will be able to trust that its data feed will be accurate and reliable. Source link
Two consecutive record quarters for Grayscale mean cumulative capital inflows have doubled in the past six months to $2.6 billion. Source link
Now three Tencent-backed companies are setting themselves up to become early-stage testers for China’s digital yuan initiative. Source link
PayPal had previously declined to say whether it had any designs in the crypto space; the letter from early March appears to confirm it. Source link
Users in Europe will be able to apply for the Binance Card from August, those in U.K. will be able to do so shortly afterwards. Source link
Billion-dollar fund manager Fidelity International has doubled its equity investment in bitcoin mining company Hut 8, bringing its total stake to over 10%. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Source link
Crypto financial app Abra has settled charges from the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) relating to its offering of swaps deemed unlawful by the regulators. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Source link
The first vote on Polkadot will be to see whether the DOT supply should be redenominated by a “logical” 100x or even by 1,000x. Source link
In his most recent video, Charles Hoskinson frets that massive egos and bitter conflicts threaten to undermine the cryptocurrency community. But, with a touch of Trumpian hyperbole, he suggests that journalists and rivals are trying to keep his project down. “Are we being too overzealous with Cardano?” the IOHK CEO mulls at the start of the YouTube talk. He’s in a cluttered home study. Tribal masks leer down from the walls and a six-foot reprint of Jean-Leon Gerome’s “Pollice Verso” with its vanquishing gladiator hangs to the left. Hoskinson leans forward on his desk, folding his arms: “Let’s be honest, as […]
Directors of Canaan Creative, a publicly listed bitcoin miner manufacturer, were suddenly dropped from the company’s business registry, prompting speculation of a power grab. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Source link
The crypto exchange is said to be planning a direct listing rather than an initial public offering, sources speaking to Reuters said. Source link
A Libra executive has confirmed the project has still not lost sight of its original ambition to launch a multi-currency stablecoin. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Source link
One of the world’s largest freight carriers wants to use an enterprise blockchain from the Alibaba Group to cut costs. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Source link
The Financial Action Task Force (FATF), whose advice is heeded by more than 200 countries, will meet in October to discuss ways to create a stronger global framework for the regulation of cryptocurrencies. UPDATE (July 7, 16:55): This article has been updated to include comment from Siân Jones. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Source link
Wintermute, an algorithmic liquidity provider, has received a $2.8 million investment from the prominent early-stage firm Lightspeed Venture Partners. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Source link
Crypto exchange volumes could continue falling should volatility remain at these low levels, said CryptoCompare CEO Charles Hayter. Source link