A recap show on wealth inequality, stock markets and taking it back featuring Jill Carlson, Michael Krieger, Daniel Lacalle, George Gammon and more. Despite a huge variety of perspectives and experiences, one theme shown through in Breakdown conversations in July: the disparity between the stock market and the real economy […]
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The Binance-backed travel agency brought in $400,000 in July, a 100% increase from the month before. Source link
After a flash-crashy weekend, CoinDesk’s Markets Daily is back with your quick daily update. Bitcoin investors look to have shrugged off Sunday’s sudden $1,400 price crash. Crypto traders didn’t have to be choosy to make money in July, when every digital asset in the CoinDesk 20 rose (except, of course, […]
Crypto venture capital firm Electric Capital has closed its second fund at $110 million. Of the money raised, 90% of it is institutional capital. “The early-adopter, forward-thinking investors are now significantly off zero and now everyone is looking at those guys and saying, ‘Oh, maybe we should be off zero […]
The U.S. firm paid out a ransom of 414 bitcoin after its corporate files were locked up by the Ragnar Locker malware. Source link
Crypto traders didn’t need to work too hard to make money last month. They just had to be in the market. Every digital asset in the CoinDesk 20 ended the month in the black. Bitcoin benefited from bets against the U.S. dollar while ether, the native cryptocurrency of the Ethereum […]
Neural Capital, a hedge fund that traded cryptocurrency assets, has quietly shuttered. The fund’s managers, Arij “Ari” Nazir and Christopher Keshian, were new to the hedge fund industry and involved in more than one fund when they started Neural Capital. Keshian told CoinDesk he has not kept in touch with […]
Online sci-fi strategy game “Infinite Fleet,” developed by Pixelmatic, has raised $3.1 million through a private security token offering (STO). 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 […]
U.S. prosecutors are seeking to return $6.5 million in allegedly scammed bitcoin to victims of the “Banana.Fund” crowdfunding project, which the government described in court papers as a Ponzi scheme. In a forfeiture suit against the cryptocurrency account storing the funds, prosecutors allege Banana.Fund’s unnamed administrator admitted to investors his […]
Africa isn’t included on the virtual asset regulatory map just yet. But crypto businesses seeing strong growth across the 54-country continent are working hard on know-your-customer (KYC) rules to meet the exacting standards set out by the Financial Action Task Force (FATF). A broad range of entities operating in Africa, […]
FinCEN is warning cybercriminals are exploiting the COVID-19 pandemic, and asks firms to be especially vigilant regarding their dealings with virtual currencies. Source link
The Securities and Exchange Commission appears to be interested in Binance’s eponymous blockchain, 132% of ether wallets are in profit and the Bank of Japan is getting serious about CBDC R&D. You’re reading Blockchain Bites, the daily roundup of the most pivotal stories in blockchain and crypto news, and why they’re […]
Bitcoin closed the month of July at $11,351, its highest monthly close since the bellwether cryptocurrency’s all-time high nearly two-and-a-half years ago. 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 […]
DeFi Dad is a DeFi super user sharing his money experiments and tutorials on Twitter and YouTube. He is an organizing member of the Ethereal Summit and Sessions, host of The Ethereal Podcast and a weekly contributor to The Defiant and Bankless. Ethereum has always been difficult to explain. Even […]
Chaturbate executive Shirely Lara is a sex industry veteran who sees bitcoin as a crucial part of her business. The bitcoin-friendly porn executive talks with CoinDesk reporter Leigh Cuen about bitcoin, sex and feminism. For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google […]
To Bitcoin (BTC) proponents, the world’s need for a decentralized form of money is more apparent than ever, as challenges mount to government monopolies on money-printing and military force, from the U.S. to Uganda. It’s possible that this vision is attracting new investors into crypto, but this week’s price surge (notwithstanding the […]
Bitcoin miners enjoyed a 7% increase in revenue during July, driven by higher network fees and increased transaction volume as bitcoin (BTC) rallied to new yearly highs above $11,400. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by […]
Ethereum Classic (ETC) suffered a 3,693-block chain reorganization early Saturday morning, an event first thought to be a possible 51% attack, after a miner used old software after having been offline, according to Terry Culver, CEO of Ethereum Classic Labs. Update (August 1, 15:17 UTC): This article has been updated with […]
From the size of a second round of stimulus to COVID-19 litigation to reshoring, last week previewed some key issues for the months to come. On this week’s edition of The Breakdown Weekly Recap, NLW argues the big story of the week was actually a set of smaller stories that […]
Bitcoin suffered a price drop of $1,458 in under an hour on Sunday. The sudden slide caught many traders off guard, forcing out a significant amount of buying pressure from the market. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards […]
A reading of Meltem Demirors new essay “Unintended Architecture” asks some key questions about intention setting for the future of Bitcoin. Bitcoin started as a rebellious, anti-establishment technology. In many parts of the world, and for many people, it remains exactly that. At the same time, however, there is a wave […]