We’re obsessed with wanting to draw rational relationships between the price of crypto tokens and the value behind them. There is no shortage of viewpoints from analysts, entrepreneurs, developers, pundits or investors on this question. Just google “crypto tokens valuation metrics” and you will see the variety of what has been written so far on this topic. My own last attempt was from September 2019, as […]
Coindesk
2159 posts
Hodl Hodl announced a P2P lending service, with no KYC requirements. Ant Group is continuing to research and release blockchain-based services. And what people are saying following PayPal’s crypto market entrance. Top shelf Bitcoin buysFollowing a wave of institutional bitcoin buys, crypto custodian Hex Trust and multinational payments gateway Sia have partnered to provide an easier path for banks to hold digital assets. Announced Thursday, Hex Trust will offer custodial […]
Spanish National Police have arrested the operator of cryptocurrency arbitrage firm Arbistar 2.0 in a crackdown on the platform that researchers and investors allege to be a massive bitcoin Ponzi scheme. The arrest should serve as a reminder to crypto investors of the value bitcoin’s traceable blockchain provides to investigators. While scammers can easily dupe unwitting investors with promises of high crypto returns, their use of […]
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 move is part of the bitcoin mining machine producer’s plan to build a digital asset financial service platform. Source link
PayPal’s pledge to support cryptocurrency as a funding source for 26 million merchants will likely benefit mass cryptocurrency adoption more than it will boost the payments firm’s bottom line, Morgan Stanley researchers said in a Wednesday report obtained by CoinDesk. Source link
Free money always makes the crypto world go mad, even if people don’t know what the new cryptocurrency will be worth or what it’s good for. The case is being proven out again with Circles, a blockchain-based universal basic income (UBI) project that launched Oct. 16 on Ethereum’s xDai sidechain. Founded by Martin Köppelmann of Gnosis and run by a very small, Berlin-based team, Circles promises […]
The news comes a day after the payments giant confirmed it’s entering the cryptocurrency market. Source link
Bitcoin stays in bull mode but on lower volume while the amount of ether locked in DeFi falls. Bitcoin (BTC) trading around $13,103 as of 20:00 UTC (4 p.m. ET). Gaining 3% over the previous 24 hours. Bitcoin’s 24-hour range: $12,685-$13,232 BTC above its 10-day and 50-day moving averages, a bullish signal for market technicians. Bitcoin trading on Bitstamp since Oct. 20.Source: TradingView Bitcoin’s price is […]
The author of “Goliath” gives his take on the history of American antitrust politics and what it means for the just-announced Google case. Matt Stoller works with the American Economic Liberties Project and is the author of “Goliath: The 100-Year War Between Monopoly Power and Democracy” as well as the popular Substack newsletter “BIG.” In this conversation, he and NLW discuss the history of American antitrust […]
The central bank won’t pursue a CBDC for the duration of Governor Benjamin Diokno’s term, which ends in 2023. Source link
The World Wide Web has revolutionized human communication, but it’s under threat. We at Brave think this distributed and interlinked information system is unique among platforms for many reasons: Its design and direction aren’t controlled by any one organization. Its pages and applications are modifiable by users (e.g., extensions, ad/tracker blocking, more general browser configuration, etc). And its decentralized design gives the web the potential to […]
Sawyer replaces Bitstamp’s founder Nejc Kodrič, now shuffling over to a “non-executive role.” Source link
The U.S. Department of Justice’s (DOJ) recent crypto enforcement framework is a threat to digital privacy rights, according to an attorney for the Electronic Frontier Foundation (EFF). “It was a complete disaster for privacy and anonymity and civil liberties in the cryptocurrency space,” said Marta Belcher, special counsel to the digital rights advocacy group. The framework, released earlier this month, details the U.S. government’s approach to […]
A few weeks ago a CoinDesk headline,”Why Hardnosed Bitcoiners Can Learn to Love DeFi,” caught my eye. The title was designed for controversy. Decentralized finance (DeFi) seems to be everything Bitcoiners reject: useless tokens created for haphazard projects and quick money-grabs driven by ponzinomics. All of this happening on Ethereum, Bitcoin’s unprincipled competitor. Yet, to dismiss the piece, and its author Matt Luongo, would be a mistake. […]
The bitcoin market looks to be shrugging off increased selling pressure from profit takers after prices surged this week. Source link
Raiffeisen’s stablecoin project is becoming blockchain-agnostic, adding interoperability tech from Bitpanda and the Technical University of Vienna. Source link
Multinational payments firm Sia is partnering with cryptocurrency custodian Hex Trust to help its European banking clients hold digital assets. “When you have one bitcoin, it’s not a big problem, but when you start adding 10, 20 or 100, you have a treasury and you have to decide where to store this,” said Daniele Savarè, SIA’s innovation and business solutions director. “We are discussing digital custody […]
PayPal merchants will soon accept crypto payments as part of a major push into the “virtual currency marketplace.” The Bahamian central bank unveiled the world’s first CBDC. Kik and the SEC are nearing an end to a yearlong court battle over its $100 million initial coin offering (ICO). Here’s everything people are talking about in crypto today. Top shelf PayPal’s playPayPal will be offering trading and transaction […]
Two cryptocurrency trading firms are merging, and in a rare twist, so are their tokens. Voyager Digital, a publicly traded digital asset brokerage with offices in New York, has agreed to buy LGO, a French crypto exchange primarily serving institutional investors, as the company expands to Europe. The transaction requires regulatory approval, which the parties said they expect to receive by the end of this year, […]
Call it Crypto Lite – for now. Fintech giant PayPal confirmed its long-awaited move into digital assets Wednesday, offering its 346 million users the chance to buy, hold and sell bitcoin, bitcoin cash, ether and litecoin, with the blessing of New York state regulators. While the cryptosphere acknowledges the bullishness of a firm the size of PayPal making a move into the space, there was also […]
Villanova University’s College of Engineering is sending a private Ethereum blockchain into space to test whether distributed ledger technology (DLT) can help satellites exchange data. Working in collaboration with the non-profit Teachers in Space, Villanova’s engineering school secured a flight for its blockchain on a Firefly Aerospace rocket slated for launch on Nov. 20 from the Vandenberg Air Force Base in California. The rocket will carry […]
The CFTC wants futures commission merchants to take care when dealing with customer’s funds. Source link
Predicting the blockchain future is easy. Knowing when to try is hard. I’m going to talk about the future of the internet and blockchain technology, but first, let’s talk about noise-cancelling headphones. John Wolpert is the group executive in charge of enterprise mainnet at ConsenSys AG and the chair of the technical steering committee of the Baseline Protocol. This article is part of CoinDesk’s Internet 2030 […]
Bitcoin blows past its previous 2020 high while ether’s crypto market share dips from its 2020 high in September. Bitcoin (BTC) trading around $12,709 as of 20:00 UTC (4 p.m. ET). Gaining 6.4% over the previous 24 hours. Bitcoin’s 24-hour range: $11,863-$12,916 BTC above its 10-day and 50-day moving averages, a bullish signal for market technicians. Bitcoin trading on Bitstamp since Oct. 19.Source: TradingView Bitcoin’s price […]
Bitcoin (BTC) has risen above $13,000 in less than 24 hours after it broke the $12,000 level on the news that PayPal will support cryptocurrencies on its platform. Source link
U.S. administration officials and House Speaker Nancy Pelosi broached the possibility of passing the pandemic-relief package after the Nov. 3 election, indicating that a deal might not be able to be reached before then, the Wall Street Journal reported. Source link
Following a similar move by one of its rivals, popular cryptocurrency options exchange Deribit will require all of its users to be ID verified before the end of the year, according to a report by The Block. The largest crypto options exchange by trading volume will ask its users to submit government-issued photo identification, such as a passport or driver’s license, as well as a proof […]
Harvest Finance, a decentralized platform that lets users automatically “farm” assets for the highest returns in other decentralized finance (DeFi) projects, now has more than $700 million in total value locked, according to DeFi Pulse, unseating decentralized derivatives exchange Synthetix. Source link
Litecoin (LTC) rose more than 10% on on Wednesday, outperforming bitcoin (BCH) to top the list of the best performing major cryptocurrencies after PayPal confirmed it’s entering the cryptocurrency market and included LTC on the list of cryptos its customers will be able to buy, sell and hold. Source link
A solution being implemented to safeguard against so-called 51% attacks on the Ethereum Classic (ETC) network may not be as secure as other alternatives, according to a new analysis. This summer, the ETC blockchain suffered three such attacks in a month. Soon after, ETC Labs – leading organization supporting the network – announced it would roll out the Modified Exponential Subjective Scoring (MESS) solution as an […]