Market Wrap: Bitcoin Over $11.7K; Uniswap Passes $500M in Daily Volume

Bitcoin’s price jumped to $11,784 while the top decentralized exchange crossed a half-billion dollars in daily trading volume.

from CoinDesk https://ift.tt/32FqfC9

Bitsonar Whistleblower Says Law Enforcement Faked His Murder in Attempt to Protect Him

A whistleblower from defunct crypto firm Bitsonar has reappeared after going missing f for three days, saying law enforcement faked his kidnapping and death.

from CoinDesk https://ift.tt/3gSPztL

US Stock Market Cap to GDP Ratio Reaches 190%, Eclipsing Dot-Com Bubble High

The booming stock market is driven by perception of the Federal Reserve’s commitment to high prices and growing individual trading, but how sustainable is it?

from CoinDesk https://ift.tt/32LhnLz

Yearn, YAM and the Rise of Crypto’s ‘Weird DeFi’ Moment

What do these various memecoins do? Here's the rough TL;DR of the latest tokens to top the DeFi charts.

from CoinDesk https://ift.tt/31JG9ME

TeraExchange Reinstated as Swap Execution Facility by CFTC Order

The regulatory body deemed the exchange dormant because it had no trading activity in the three years following its registration with the CFTC.

from CoinDesk https://ift.tt/3lAMamM

Federal Jury Indicts Three Accused of Posing as Pastors in Alleged $28M Ponzi Scheme

The accused were also charged by the CFTC and the SEC for allegedly soliciting funds from over 1,000 people for the fake forex and bitcoin trading fund.

from CoinDesk https://ift.tt/2EB0tXY

Venezuelans Look to Crypto Dollars for Financial Security

Crypto-dollars offer an alternative to unreliable currencies and the dangers of holding physical cash. They just need to be designed for everyday people.

from CoinDesk https://ift.tt/3hJ17Ru

Huobi Futures to Launch Options Trading This Week, Joining Throng Challenging Deribit

Huobi Futures will offer bitcoin options starting Tuesday, aiming to meet demand from traders for ways to hedge against risks in crypto markets.

from CoinDesk https://ift.tt/3hJvhEd

Blockchain Bites: Ethereum Classic Attacked, Electrum Wallet Drained and Taxable Microtasks

Signature Bank gave out dozens more PPP loans to crypto firms than previously known, Ethereum Classic has suffered another 51% attack and a digital yuan wallet went live and disappeared.

from CoinDesk https://ift.tt/3jqnT0E

Bitcoin News Roundup for Aug. 31, 2020

With bitcoin still lagging behind U.S stocks and additional tax guidance in the U.S., CoinDesk's Markets Daily is back for your latest crypto news roundup!

from CoinDesk https://ift.tt/2DfT1Rl

Robinhood, Other Online Trading Platforms Having Login Issues

The reported outages affect Robinhood, Charles Schwab, TD Ameritrade, and others.

from CoinDesk https://ift.tt/3jwcRqR

Five CoinMarketCap Executives Depart Binance in Mass Exodus

Binance plans to replace the executives with its own staff.

from CoinDesk https://ift.tt/2YPh6pA

Coinbase adds Marc Andreessen as Board Observer, Replacing Chris Dixon

The high-profile additions come as Coinbase reportedly eyes a public offering.

from CoinDesk https://ift.tt/3lBXGOA

Russia’s Crypto Mining Farms Would Have to Report to Government Under Proposed Bill

Russian wants all data centers, including mining farms, to report what they do and how they operate. Local experts say that brings risk.

from CoinDesk https://ift.tt/3hK8U17

Signature Bank Gave Dozens More PPP Loans to Crypto Firms Than Previously Reported

Signature Bank gave $20 million in PPP loans to roughly 40 firms in the digital asset space. Only nine loans were revealed in public documents last month.

from CoinDesk https://ift.tt/2EMwgoy

South Korea’s Central Bank Starts Technical Phase for Digital Currency Ahead of 2021 Pilot

The Bank of Korea is seeking a partner to help develop the architecture for a potential central bank digital currency.

from CoinDesk https://ift.tt/3lz9263

First Mover: Huobi Takes on OKEx in Futures, Opening New Front in ‘Chinese’ Rivalry

Huobi is taking on OKEx in the business of bitcoin futures trading, opening a new front in the ongoing rivalry between the two Chinese-led exchanges.

from CoinDesk https://ift.tt/3bcfLhr

Meet Torus, the One-Click Blockchain Wallet Trying to Make Web3 as Easy as Chrome

Singapore-based Torus Labs has released a Chrome browser extension for its Torus wallet and added a new product called tKey, a custom version of 2FA.

from CoinDesk https://ift.tt/3gRIfyx

US Stocks Closing on Bigger August Gain Than Bitcoin

While bitcoin is eyeing an August gain for the first time in three years, the cryptocurrency is still lagging U.S. stocks over the month.

from CoinDesk https://ift.tt/2YOsVMN

Someone Just Lost $16M in Bitcoin By Using a Malicious Install of the Electrum Wallet

An Electrum wallet user claims to have lost a fortune in bitcoin after installing an older version of the software from a malicious source.

from CoinDesk https://ift.tt/2Gd8QcC

Huobi and OKEx Battle for Supremacy in China

Cryptocurrency exchange Huobi is taking aim at competitor OKEx in the business of trading bitcoin futures and other derivatives contracts, opening up a new front in a longstanding rivalry that has historically focused on the lucrative Chinese market.

from CoinDesk https://ift.tt/2ENc1qD

DeFi Is a ‘Complete Scam,’ Says Controversial Entrepreneur Craig Wright

nChain chief scientist Craig Wright has delivered an obscenity-laden interview discussing decentralized finance and stablecoins, calling such projects a "complete scam" and "illegal."

from CoinDesk https://ift.tt/3jvFfcM

Cryptocurrency Earned From Carrying Out Microtasks Is Taxable, Says IRS Memo

The U.S. tax department has provided guidance around crypto revenue earned from microtasks via crowdsourcing platforms, and yes, such income is taxable.

from CoinDesk https://ift.tt/2YJEVz9

Crypto Long & Short: What Changes at the Fed and the SEC Mean for Crypto

Chairman Powell’s speech on Thursday highlighted how much the Fed’s role is changing, and that's an opportunity for the crypto industry.

from CoinDesk https://ift.tt/3jqdbY8

Maria Bustillos on Tokenizing Journalism, the Death of Civil and Rise of Brick House

An early supporter of the now defunct blockchain-based Civil is taking another swing at a writer-owned media collective. She hasn't lost faith in blockchain.

from CoinDesk https://ift.tt/3jvLlcS

The Case for $500,000 Bitcoin

The Winklevoss brothers make an argument that, in the long run, bitcoin is the only good safe haven.

from CoinDesk https://ift.tt/31HPd4s

Ethereum Classic Hit By Third 51% Attack This Month

August has been an awful month for Ethereum Classic as the blockchain suffered yet another 51% attack.

from CoinDesk https://ift.tt/2EwKABQ

Mr. Powell, If You Want Higher Inflation, Give People Money

The Federal Reserve wants a little more inflation to keep the economy buoyant. That's hard to achieve when Main Street is so under water.

from CoinDesk https://ift.tt/34IPbLE

Oasis Network Announces Chainlink Oracle Integration to Enable Privacy-Focused DeFi Applications

Oasis Network, a privacy-centric data-sharing network, said it will integrate Chainlink’s price feeds into its network.

from CoinDesk https://ift.tt/31ElHg7

The End of an Era? Why Bitcoin and MMT Won the Week

Fed Chair Jerome Powell tried to make it seem like the end of an era, but didn’t inspire confidence in the central bank’s ability to lead in the era that comes next.

from CoinDesk https://ift.tt/32Gds2i

Chinese Bank Disables Digital Yuan Wallet After Soft Launch Draws Wide Attention

China Construction Bank had quietly opened up the wallet service of China's digital yuan to public users – but has now disabled it shortly after the feature gained wide attention.

from CoinDesk https://ift.tt/2Qwh3um

Chainlink Acquires Blockchain Oracle Solution From Cornell University

Chainlink has acquired privacy-focused oracle solution DECO from Cornell University. The data feed system is also drafting a second white paper for the project.

from CoinDesk https://ift.tt/3b5iZDz

Market Wrap: Bitcoin Climbs to $11.5K With Record Amount in DeFi

Bitcoin made gains Friday, both in price and what's locked in DeFi.

from CoinDesk https://ift.tt/3lv1Bgn

The Anxiety Index: 4 Fear Factors Shaping the Economy

From COVID-19 relapses to election insecurity, these factors drive defensiveness up and demand down.

from CoinDesk https://ift.tt/3gEBQ9I

Blockchain Bites: Winklevoss’ Wild Prediction, Bitcoin Miners’ Horde, Ethereum’s ‘Critical Bug’

Mongolian authorities have limited cheap electricity for crypto miners, Venezuela is seeing crypto use outside government-approved exchanges and a “critical bug” has left 13% of Ethereum nodes useless.

from CoinDesk https://ift.tt/2YL12oV

Money Reimagined: From COVID Generation to Crypto Generation

Millennials and Generation Zers have many reasons to embrace crypto and reform the financial system in their own interests.

from CoinDesk https://ift.tt/3jtPvSV

Robinhood Taps Former Fidellity, Wells Fargo Execs as Compliance Heads

Robinhood announced on Thursday that it has hired Norm Ashkenas and Kelly Zigatis as chief compliance officers of its Financial and Securities teams.

from CoinDesk https://ift.tt/2QwFyHA

Bitcoin News Roundup for Aug. 28, 2020

With bitcoin and gold reversing losses, CoinDesk's Markets Daily is back for your latest crypto news roundup!

from CoinDesk https://ift.tt/3b5sthX

Fed Chair Powell’s Flexible Inflation Views Were Already Priced In

Federal Reserve Chair Jerome Powell did not raise many eyebrows Thursday morning when he announced the U.S. central bank would encourage some periods of inflation above its 2% target in certain circumstances to boost the long-term economy.

from CoinDesk https://ift.tt/3jrCxFd

Energy Giant Equinor to Cut Gas Flaring With Bitcoin Mining: Report

Equinor will use digital flare mitigation tech from Crusoe Energy at its Bakken oilfield operations in the U.S.

from CoinDesk https://ift.tt/31BSz9t

Japanese Financial Giant SBI Holdings Launches Short-Term Crypto Derivatives

Already live on SBI's forex trading platform, the contracts for difference (CFDs) are available in bitcoin, ether and XRP flavors.

from CoinDesk https://ift.tt/2YD34HB

First Mover: Binance’s Shrinking Trading Spreads and Bitcoin’s Jackson Hole Fizzle

Traders are getting better fills due to shrinking bid-ask spreads on Binance and other cryptocurrency exchanges. It's a sign of a healthy market.

from CoinDesk https://ift.tt/32xRVsP

Bitcoin, Gold Recover After Jerome Powell Speech Shakes Markets

Bitcoin and gold are reversing losses seen on Thursday after the Federal Reserve's announcement of a more relaxed approach to tackling inflation.

from CoinDesk https://ift.tt/3ltbfzN

Winklevoss Brothers Say Bitcoin Could Reach $500K as the ‘Only’ Long-Term Inflation Hedge

"Bitcoin is ... the only known commodity in the universe that has a deterministic and fixed supply," the Winklevoss brothers wrote in a blog post saying the cryptocurrency may one day hit $500,000.

from CoinDesk https://ift.tt/2EE0FFo

Data Ownership Should Be About Software, Not Lawsuits

Andrew Yang's "Data Dividend" and the EU's GDPR are not enough to put users back in control of their data.

from CoinDesk https://ift.tt/3hEdNsz

Binance’s Bitcoin ‘Bid-Ask Spreads’ Tighten as Cryptocurrency Markets Mature

The narrowing gap between bitcoin buy and sell orders on big exchanges like Binance shows an increasing depth to cryptocurrency markets.

from CoinDesk https://ift.tt/3hD4mKa

DeFi Studio Framework Labs Leaves Stealth Mode With $8M in Seed Funding

Framework Labs says it's already playing a key role in projects including Uniswap and Chainlink.

from CoinDesk https://ift.tt/31AV2AQ

Bitmain, Ebang Among 21 Bitcoin Mining Farms Stripped of Energy Perks in Inner Mongolia

Affected mining centers in the area may see a notable increase in electricity costs.

from CoinDesk https://ift.tt/2G54OTA

Coinbase Custody and Bison Trails Expand Integration to Enable Staking of Solana Tokens

According to the announcement by Bison Trails, this will allow users on Coinbase Custody to stake their Solana (SOL) tokens using secure offline storage.

from CoinDesk https://ift.tt/3lsEBP8

Buggy Code Release Knocks 13% of Ethereum Nodes Offline

Over 1,000 Ethereum nodes will have to resync or find a new client provider after a critical bug in OpenEthereum’s codebase was revealed.

from CoinDesk https://ift.tt/3b2rdfz

Polkadot-Based Acala Raises $7M as DeFi Grabs Land on Another Blockchain

Acala, a DeFi startup building on the Polkadot blockchain, has closed a $7 million simple agreement for future tokens (SAFT) led by Pantera Capital.

from CoinDesk https://ift.tt/2YHfzC1

The Importance of Randomness in the Internet Age

Random numbers might not sound like a public good, but we actually rely on randomness for a host of socially useful things.

from CoinDesk https://ift.tt/2QvSnlG

Bitcoin Pops and Drops After Powell Introduces Average Inflation Targeting

Bitcoin whipsawed on Thursday after the Federal Reserve’s chairman signaled tolerance for high inflation, as expected.

from CoinDesk https://ift.tt/2D7NImW

DCG to Invest $100M in Bitcoin Mining Venture

Blockchain investment firm Digital Currency Group has branched into the bitcoin mining industry though a subsidiary called Foundry.

from CoinDesk https://ift.tt/31AodUO

Chainalysis Report Shows Healthy Crypto Usage in Venezuela

The Venezuelan government's push to create a cryptocurrency-centric economy appears to be working, but perhaps not in the way officials had hoped.

from CoinDesk https://ift.tt/3b34Wyj

Russia Is Blocking Bitcoin-Related Websites Again

Russian internet censorship agency Roskomnadzor has persuaded a court to block various crypto sites including a popular bitcoin OTC data provider.

from CoinDesk https://ift.tt/3ln12F3

Developers Eye Mid-September for Ethereum, Polkadot Bridge Proof-of-Concept

The Snowfork proof-of-concept acts as a two-way bridge between the Ethereum and Polkadot ecosystems, according to the group.

from CoinDesk https://ift.tt/2YE3cGQ

Binance and Oasis Labs Launch Alliance to Combat Crypto Fraud and Hacks

The aim is a comprehensive database of information gleaned from previous hacks and fraud used to proactively fight future ones. The platform supports Bitcoin, Ethereum, TRX and EOS blockchains.

from CoinDesk https://ift.tt/3gx1FZ9

BlockFi Adds an Independent Pricing Partner to Guard Against Flash Crashes

CF Benchmarks will now update prices on crypto deposits at BlockFi every second, allowing the lender to hedge against sudden market moves.

from CoinDesk https://ift.tt/3b8olhh

LIVE: CoinDesk Covers Fed Chair Powell’s Jackson Hole Speech

CoinDesk live-blogs Fed Chair Jerome Powell's Jackson Hole speech on inflation and the economy.

from CoinDesk https://ift.tt/3hDV4xq

First Mover: Monetary Challenges Aren’t Just Virtual as Fed’s Powell Returns to Jackson Hole

Crypto traders are prepping for a speech by Federal Reserve Chair Jerome Powell in Jackson Hole, Wyoming, where inflation is on the agenda.

from CoinDesk https://ift.tt/2ECyDKo

Bitcoin’s Implied Volatility Falls Sharply Ahead of Jerome Powell Speech

Bitcoin’s options market foresees little price turbulence in the short-term, even as markets await a key speech from the chairman of the Federal Reserve.

from CoinDesk https://ift.tt/32suykl

WATCH: Fed Chair Powell Lays Out Economic Policy Approach

Federal Reserve Chairman Jerome Powell is expected to announce new measures to control inflation at his annual speech on the U.S. central bank's policy approach during the Jackson Hole symposium Thursday.

from CoinDesk https://ift.tt/3b2Swqk

Libra Taps Ex-Homeland Security General Counsel as New Legal Chief

The new general counsel is Libra's second in just three months.

from CoinDesk https://ift.tt/3jpuFnH

New Zealand Stock Exchange Hit Repeatedly By Cybercriminals Demanding Bitcoin

NZX has halted trading for the third day in a row as a result of cybercriminals attempting to extort cryptocurrency.

from CoinDesk https://ift.tt/2QugUHM

Why DeFi Pulse’s Key Metric Is So Simple It’s Confusing

DeFi Pulse invented "Total Value Locked." Yet TVL's mechanics have been somewhat confusing to those in the space. Here's how the leading DeFi metric works.

from CoinDesk https://ift.tt/3gFmEcw

NYSE Can Allow Firms to Raise Funding Through Direct Listings, Says SEC

The New York Stock Exchange may now allow some companies to raise capital via direct listings rather than IPOs.

from CoinDesk https://ift.tt/3jkfITA

Deribit Suffers Outage Over ‘Hardware Issues,’ May Miss Thursday’s Options Expiry

Deribit faces missing today's expiry, but said it would "manually adjust" late contracts to reflect the expiry time.

from CoinDesk https://ift.tt/2D8ll8c

Is This the Blockchain Firm That Will Get Enterprise to Finally Embrace Open Networks?

Concordium, whose CEO is a Volvo board member, is looking to shake up the seemingly glacial world of enterprise blockchain.

from CoinDesk https://ift.tt/2YCWFfv

LINE Launches Digital Asset Wallet and Blockchain Development Platform

Messaging giant LINE has launched a blockchain platform where developers can issue tokens and run decentralized applications, and a wallet that helps users manage digital assets.

from CoinDesk https://ift.tt/3lkZE5W

How OSL Became the First Crypto Exchange to Win Over Hong Kong Regulators

Crypto hubs like Hong Kong, Singapore and Japan have a clearer regulatory picture going forward and are progressing faster than the U.S. and Europe.

from CoinDesk https://ift.tt/2D5Xgii

Mathew D’Souza, Crypto Entrepreneur and Hedge Fund Manager, Dies

Founder, CEO of Blockware Solutions and Blockware Mining, D’Souza passed away on Aug. 21 following a seven-year fight with leukemia.

from CoinDesk https://ift.tt/3aZfVbT

The Battle to Get Dictator’s Seized Millions to 62,000 Venezuelan Health Heroes

How crypto-powered Airtm is teaming with Venezuela’s opposition government to distribute $18 million in funds the U.S. seized from the Maduro dictatorship, featuring Airtm CEO Ruben Galindo.

from CoinDesk https://ift.tt/3llKehT

NASA Is Bankrolling a Blockchain for Quadcopter Communications

The space agency has awarded $124,800 in funding to Orbit Logic and Fraunhofer Labs' blockchain system proposal, called SCRAMBL.

from CoinDesk https://ift.tt/2YxZXAA

Coda Protocol Hoping to Expand User Base by Teaching People How to Run Nodes for Free

Marketed as a lightweight blockchain, the Coda Protocol team wants to train node operators ahead of its expected mainnent launch in Q4.

from CoinDesk https://ift.tt/3jg1PFX

‘It’s Part and Parcel of Crypto’: How Memes Drive Narrative and Value

In 1964, the Canadian media theorist Marshall McLuhan said the "medium is the message." Today, in crypto, the meme is the message.

from CoinDesk https://ift.tt/2Qr5415

Fidelity’s Chief Strategist Starts Bitcoin Index Fund

The fund is the latest example of Wall Street veterans cozying up to bitcoin in their rhetoric and capital allocations.

from CoinDesk https://ift.tt/3aW2XMf

Blockchain Bites: Major Acquisitions, Bitcoin Futures Liquidations and the SEC’s New Rules

FTX acquired Blockfolio, ConsenSys acquired Quorum and police have seized the third largest exchange in South Korea.

from CoinDesk https://ift.tt/31uUjB5

Bitcoin News Roundup for Aug. 26, 2020

With bitcoin’s silver lining and Ribbit’s $350 million “Blank Check,” CoinDesk's Markets Daily is back for your latest crypto news roundup!

from CoinDesk https://ift.tt/3hx97oy

What to Make of the SEC’s New Accredited Investor Rules

The SEC has formally adopted new accredited investor rules, expanding the group of Americans who can invest in private securities.

from CoinDesk https://ift.tt/34wAAD7

Wirex Taps Railsbank to Replace Scandal-Struck Wirecard as Asia-Pacific Card Provider

According to the Wirex’s announcement regarding the partnership, existing Wirex card customers in the region have already been ported to Railsbank issued cards.

from CoinDesk https://ift.tt/3gu69jd

Marathon to Buy Fastblock Mining for About $22M in Stock

The company gains 3,304 ASIC miners through the merger.

from CoinDesk https://ift.tt/2QthGVy

‘Boring Is the New Exciting’: How Baseline Protocol Connected With 600 Corporates

Baseline Protocol, where companies can use the Ethereum public mainnet as a common frame of reference, has released its version 1.0.

from CoinDesk https://ift.tt/3gxYYXj

First Mover: Binance’s New DeFi Futures Let Crypto Traders Bet on Decentralization

Binance's new "DeFi Index Futures" show the push by centralized crypto exchanges to cash in on this year's frenzy in so-called decentralized finance.

from CoinDesk https://ift.tt/34z2tuc

The NFT Game That Makes Cents for Filipinos During COVID

Axie Infinity, a NFT trading game running on Ethereum, has proven a pandemic lifeline for a small community north of Manila.

from CoinDesk https://ift.tt/34z1nP6

U.S. Democrats Ask Trump Administration for Details on Terrorist Crypto Seizures

Two U.S. Democrats have asked the White House to provide more information on recent seizures of cryptocurrency from terrorist groups including ISIS.

from CoinDesk https://ift.tt/31sr81G

Canadian Exchange Shakepay Gets Cold Wallet Insurance to Protect Customer Funds

Canadian crypto exchange Shakepay has secured cold wallet insurance through Aon with Lloyd's of London underwriters.

from CoinDesk https://ift.tt/3guQ4d2

Bitcoin Drop Squeezes Out Weak Derivatives Positions – And That May Be a Good Thing

Bitcoin’s latest price drop may have a silver lining.

from CoinDesk https://ift.tt/3lm7YSU

Darknet’s Largest Marketplace Still Offline, Fears of Exit Scam Rise

Empire Market, the darknet's most popular marketplace by site traffic, was suddenly taken offline on August 22.

from CoinDesk https://ift.tt/2QnRyvd

South Korean Crypto Exchange Coinbit Seized Over Allegations of Massive Wash Trading

South Korea's third largest crypto exchange, has reportedly been seized by police over allegations it faked most of its trading volume.

from CoinDesk https://ift.tt/2ExDAEr

Bitwage Rolls Out Tax Calculator Tool as IRS Ramps Up Crypto Pressure

The new tool comes as the IRS is sending more letters to crypto investors.

from CoinDesk https://ift.tt/3gx7SEt

Australian Payments Firm Sues Ripple for Use of PayID Trademark

NPPA, a major Australian financial services firm, is suing Ripple Labs over allegations of copyright infringement.

from CoinDesk https://ift.tt/2EFuLrS

Crypto Exchange Coincheck to Launch Japan’s First IEO

Major Japanese crypto exchange Coincheck aims to launch its first Initial Exchange Offering project for Hash Palette, a content distribution platform for Japanese comic and graphic novels, anime and music by next March.

from CoinDesk https://ift.tt/3gqqLsN

Crypto and Fintech Investor Ribbit Capital Files to Raise $350M for ‘Blank Check’ IPO

JPMorgan is the sole bookrunner. Full story to come.

from CoinDesk https://ift.tt/3aWraBR

Forthcoming Yield Farming Project Dispenses With Governance

Everyone may be talking about governance on Ethereum, but the yet-to-launch DeFi project Liquity is taking a contrarian view: zero governance.

from CoinDesk https://ift.tt/3lceuvD

Coinbase Taps Marcus Hughes as New Eurozone Chief

Hughes had taken over Coinbase's international legal operations earlier this month.

from CoinDesk https://ift.tt/3b0d9Dh

Brazilian Lawmaker Proposes Crypto Regulations for a Country Devoid of Any

Brazil's crypto scene has been unbanked, unregulated and awash in legal uncertain for its entire history.

from CoinDesk https://ift.tt/2YAt9XF

BitGo Weighs Building a Sidechain for WBTC as Ethereum Fees Climb

Digital asset trust company BitGo is in the process of “reaching out” to community partners to build an Ethereum sidechain because of rising fees, according to CTO Ben Chan.

from CoinDesk https://ift.tt/3gqDSdd

An Unintended Consequence of Low Interest Rates? The Big Get Bigger

As companies have to shift their business model to contend with low interest rates, the largest find themselves in a comparatively better situation.

from CoinDesk https://ift.tt/31s1ObZ

Wave of Bitcoin-Seeking Bomb Threats Sparks Probe By Austrian Police

Police say that "numerous" companies got $20,000 bitcoin ultimatums in the mass SPAM campaign.

from CoinDesk https://ift.tt/2EyCZlI

Blockchain Bites: Bitcoin’s ‘Rich List,’ Ethereum’s Volatility, DeFi’s Shakeup

The number of addresses on Bitcoin’s “rich list" is reaching new highs while another firm is putting its cash reserves into bitcoin, not a bank account.

from CoinDesk https://ift.tt/2EqyU3d

Bitcoin News Roundup for Aug. 25, 2020

With bitcoin still under $12K and Aave pulling ahead of MakerDAO, CoinDesk's Markets Daily is back for your latest crypto news roundup!

from CoinDesk https://ift.tt/3je0q2R

North Korean Hacker Group Targeted Crypto Firm Using LinkedIn Ad: Cybersecurity Report

According to a report by F-secure, a Finland-based cybersecurity company, hackers from the infamous Lazarus group targeted a crypto firm in an attack last year.

from CoinDesk https://ift.tt/2EsLxL8

Ethereum Tokens Worth $1B Vulnerable to ‘Fake Deposit Attack’

A software bug that deposits fake balances into cryptocurrency exchange wallets has been detected in 7,772 ERC-20 tokens worth over $1 billion.

from CoinDesk https://ift.tt/3j9RxHB

Another Bitcoin Lightning Startup Is Working With Visa to ‘Fast Track’ Card Payments

With help from the Visa Fast Track program, LastBit will let users make any purchase with bitcoin, without needing the merchant to actively accept it.

from CoinDesk https://ift.tt/2Yx8yne

Binance Exchange to List Paxos’ Gold-Backed Cryptocurrency

PAX Gold, a gold-backed digital asset created by Paxos Standard, will soon launch for trading on Binance.

from CoinDesk https://ift.tt/3hrjHgE

First Mover: Ether Price Swings Make Bitcoin Look Tame as DeFi Speculation Spreads

The success of DeFi on the Ethereum blockchain has brought traders more than just congestion and high transaction fees: Volatility in ether prices.

from CoinDesk https://ift.tt/31oKFQz

ConsenSys Acquires JP Morgan’s Quorum Blockchain

Quorum, the enterprise blockchain platform developed by mega-bank JPMorgan Chase, is to be acquired by ConsenSys, the Brooklyn-based Ethereum venture studio.

from CoinDesk https://ift.tt/31pyXVK

BitGo Applies to Be Regulated Custodian in New York State

The crypto custody provider has filed paperwork with New York's financial regulator to offer its services in the state.

from CoinDesk https://ift.tt/2Yxj65z

Blockchain Project Qtum Moves to Boost Network Participation With Offline Staking

The hybrid blockchain will soon undergo a fork enabling network participants to stake and earn rewards from tokens held in offline wallets.

from CoinDesk https://ift.tt/3jdxs2Y

Powell’s Coming Inflation Speech May Weigh Over Dollar and Boost Bitcoin: Analysts

The Federal Reserve chief is expected to bolster expectations of inflation in a keynote Thursday. That may be bad for the dollar but good for bitcoin.

from CoinDesk https://ift.tt/3laoXYi

3 Australian Businesses Tap Chainalysis to Monitor Risky Cryptocurrency Activity

Several Australian companies have turned to Chainalysis products in a bid to improve their regulatory compliance and reduce risks for users.

from CoinDesk https://ift.tt/2QjBJpc

UK Watchdog Eyes Extension of Money Laundering Risk Reporting to Crypto Firms

The Financial Conduct Authority is seeking to oblige more firms, including some working with cryptocurrency, to report how they manage the risks of financial crime.

from CoinDesk https://ift.tt/2QkvW2P

Australian Conman Extradited Over Alleged Fraud Involving $1.2M in Bitcoin

An Australian serial conman has been extradited to New South Wales to face fraud charges involving over $1 million in bitcoin.

from CoinDesk https://ift.tt/3aVNls2

Aave Becomes Second DeFi Project to Overtake MakerDAO for Most Crypto Deposited

DeFi credit market Aave has pulled ahead of stablecoin mint MakerDAO for the title of most collateral staked on Ethereum, according to DeFiPulse.

from CoinDesk https://ift.tt/3aTd0BC

DeFi Aggregator Bella Protocol Announces $4M Seed Round

Beijing-based decentralized finance (DeFi) aggregator Bella Protocol announced Monday a $4 million seed round led by Arrington XRP Capital.

from CoinDesk https://ift.tt/3aU30rK

Binance.US Expands Into Florida, Eyeing Millions of Potential New Traders

Florida's financial regulators granted Binance.US a money transmitters license in July.

from CoinDesk https://ift.tt/2YtydNG

‘Bitcoin Rich List’ Reaches All-Time High

The "Bitcoin Rich List" reached a new high, possibly because of more interest from institutional and high-net-worth investors.

from CoinDesk https://ift.tt/32oAIld

How Much Should We Fear Post-Crisis Debt or Inflation? Feat. Adam Tooze

An economic historian and one of Foreign Policy’s “Top Global Thinkers of the Decade” discusses post-COVID-19 global economics and politics.

from CoinDesk https://ift.tt/3laqD4h

DeFi Is Just Like the ICO Boom and Regulators Are Circling

DeFi needs to self-regulate or, as happened with ICOs, regulators will punish irrational exuberance in the crypto markets.

from CoinDesk https://ift.tt/3gppl1u

FTX Launches Uniswap Index Futures to Meet Surging Demand for DeFi Access

FTX said customers are demanding access to DeFi products.

from CoinDesk https://ift.tt/3gnxBir

Huawei Builds Blockchain Platform So Beijing Govt Can Better Manage People’s Data

Huawei’s cloud services arm is helping the Beijing government set up a blockchain platform that would better track and manage people’s data ranging from medical records, real estate registration and real time parking updates.

from CoinDesk https://ift.tt/3aTZZYz

Moscow May Sell Footage From Public Security Cameras: Report

Moscow authorities can sell and broadcast in the internet video from surveillance cameras in the city, media report

from CoinDesk https://ift.tt/2Yv45l4

Blockchain Bites: Aave’s Advance, BitMEX’s Block, Turkey’s Bitcoin Trot

Turkey is in a bitcoin bull run, a Fed branch is studying blockchains to possibly support a "digital dollar" and Aave unleashed unsecured borrowing on DeFi.

from CoinDesk https://ift.tt/3aZRATy

Brazil’s Central Bank Tasks Group With Laying Out Road Map to Digital Currency Issuance

The 12-member team will submit their findings – and propose a CBDC issuance model – to the central bank in 180 days.

from CoinDesk https://ift.tt/3grb3xg

Canadian Software Startup Puts 40% of Cash Reserves Into Bitcoin

Graphic-design software firm Snappa described Bitcoin as "a far superior savings technology."

from CoinDesk https://ift.tt/3jdKgqj

Bitcoin Miner Layer1 Overstated Industry Vet’s Involvement in $50M Series A Pitch

Peter Thiel-backed Layer1 told potential investors in a recent pitch deck that bitcoin miner maker Canaan’s co-founder Liu Xiangfu joined its team as a key executive – except that’s not what Liu says.

from CoinDesk https://ift.tt/3aQglkO

Bitcoin News Roundup for Aug. 24, 2020

With Turkey getting bullish on bitcoin and BitMex blocking users in part of Canada, CoinDesk's Markets Daily is back for your latest crypto news roundup!

from CoinDesk https://ift.tt/3hqEpgK

Ether Volatility Now Highest in Six Months Compared With Bitcoin’s

Investors are pricing more volatility in ether compared to bitcoin. It's yet another consequence of this year's boom in decentralized finance, or DeFi.

from CoinDesk https://ift.tt/32lYMVZ

Over $1M in Ryuk Ransomware Bitcoin Was ‘Cashed Out’ on Binance: Report

Researchers reportedly traced bitcoin sent as payments to Ryuk ransomware controllers and found a good portion passed through Binance.

from CoinDesk https://ift.tt/2YutfQN

Marathon Brings New Rigs Online, Sees Itself Becoming Cash-Flow Positive

The company expects 1,000 more S19 machines by December.

from CoinDesk https://ift.tt/2Qi7rDp

Boston Fed Is Looking at ’30 to 40′ Blockchain Networks for Digital Dollar Experiments

The Federal Reserve Bank of Boston is evaluating more than 30 different blockchain networks to determine if they would support a digital dollar

from CoinDesk https://ift.tt/3lo43Fo

Binance Taps DeFi Excitement to ‘Fuel’ Expansion Strategy in India

Binance is looking to accelerate business development in India during the local 2020 bull run – with an acute focus on decentralized finance.

from CoinDesk https://ift.tt/3lfmmfS

First Mover: Anything-Goes Token Market Repudiates Rich-Only Venture Capital Club

Venture capital is no longer just for the rich, as crypto markets let traders bet on early-stage digital-asset startups, risks included.

from CoinDesk https://ift.tt/34rQsGR

Ethereum’s Fees Mean Choosing Between a World Computer and a Financial Network

Large public blockchains are destined to privilege the largest, most fee-tolerant transactions at the expense of non-financial uses.

from CoinDesk https://ift.tt/2Ec6Gtb

Leveraged Funds Take Record Bearish Positions in Bitcoin Futures

The funds likely boosted short positions to take advantage of attractive "cash and carry" yields.

from CoinDesk https://ift.tt/3j82xVN

PBoC Says Digital Yuan Tests Focus on Small Transactions After Rumored Property Sale

The People's Bank of China has apparently played down rumors of a house sale settled with its in-the-works digital currency.

from CoinDesk https://ift.tt/31nIyMP

No Collateral Required: How Aave Brought Unsecured Borrowing to DeFi

Aave’s “credit delegation” service makes unsecured borrowing possible in DeFi for the first time. But it’s a long way from replacing your credit card.

from CoinDesk https://ift.tt/34nf4ka

Istanbul or ‘Coinstantinople’? Inside Turkey’s Bitcoin Bull Market

The relationship between economic crisis and crypto exchange activity in Turkey appears to have changed, with bitcoin coming out on the winning end.

from CoinDesk https://ift.tt/2QfZPkO

Crypto Derivatives Exchange BitMEX to Block Ontario Traders

The veteran cryptocurrency derivatives exchange is to block users in Ontario, apparently at the behest of the local securities regulator.

from CoinDesk https://ift.tt/3gnRczk

Crypto Long & Short: What Are Regulators Thinking?

Noelle Acheson ponders what regulators have been up to, bitcoin on the Ethereum blockchain, mining diversity and more.

from CoinDesk https://ift.tt/3j03MX8

Why Are Traditional Investors So Hungry for Yield Curve Control?

When FOMC minutes suggested the Federal Reserve might not employ yield curve control, the markets reacted angrily.

from CoinDesk https://ift.tt/32ow0UW

People Aren’t Buying the ‘Great American Recovery’ Narrative

Despite the stock market returning to all-time highs, many can’t shake the feeling that all is not well in the economy.

from CoinDesk https://ift.tt/3glaLrN

Hong Kong Regulator Gives Crypto Exchange OSL Tentative Licensure Approval

OSL Digital Securities was the first crypto exchange to apply for the SFC's opt-in license last November.

from CoinDesk https://ift.tt/34hxUZY

Market Wrap: Bitcoin Dips to $11.6K, ETH Options Predict Price Below $400 by End of Year

Bitcoin’s price is trending down while ether options traders expect bearish moves to come.

from CoinDesk https://ift.tt/2QdWeUj

Winter Is Coming: Examining the Economy’s Eight-Body Problem

From the devastation of the service industry to never-ending central bank intervention, these factors make predicting the future of the economy nearly impossible.

from CoinDesk https://ift.tt/2QeFgVQ

Barstool’s Dave Portnoy Is Bad at Trading Cryptocurrency

The day trader now owns zero bitcoins after one week of trading.

from CoinDesk https://ift.tt/32hVy65

Open-Source DeFi Data Platfrom DIA Raises $15M Through Token Sale

Marketed as an open-source data aggregator for DeFi markets, DIA announced on Friday that the $15 million were raised through selling the firm’s governance token.

from CoinDesk https://ift.tt/31fjs2H

Uber’s Former Security Chief Charged With Trying to Conceal Hack Using Bitcoin

Joseph Sullivan allegedly insisted the hackers sign NDAs in exchange for $100,000 in bitcoin hush money.

from CoinDesk https://ift.tt/34jApLi

Bitcoin Mining Facility With Room for 50,000 Rigs Set to Launch in Kazakhstan

The 180 megawatt facility that will be able to host 50,000 bitcoin mining rigs is set to launch sometime in early September.

from CoinDesk https://ift.tt/32bvGbL

Ethereum Classic Labs Plans ‘Defensive Mining’ Strategy as Hashrate Plummets

The network’s hashrate has fallen 74% since January.

from CoinDesk https://ift.tt/31iszQ1

Polychain Capital’s Original Crypto Fund Raises an Additional $19.5M

The fund has raised $307 million in its four year history of investing in crypto and SAFTs.

from CoinDesk https://ift.tt/3hjBIO0

Blockchain Bites: Bitcoin’s Weary Bulls, ETC’s Action Plan, INX’s IPO

INX is gearing up for a landmark IPO while 1 billion tether jumped from Tron to Ethereum.

from CoinDesk https://ift.tt/34gOJUS

Money Reimagined: DeFi-ing History

For clues to the future of decentralized finance, it's useful to look at waves of financial innovation past.

from CoinDesk https://ift.tt/3hdY0k6

Bitcoin News Roundup for Aug. 21, 2020

With bitcoin still pulling back and LND learning to wumbo, CoinDesk's Markets Daily is back for your latest crypto news roundup!

from CoinDesk https://ift.tt/32clX5c

Los Alamos Scientists Develop AI to Fight Cryptojacking

Their neural network works faster and more reliably than non-AI systems, researchers said.

from CoinDesk https://ift.tt/32g48BY

0x Price Hits Two-Year High on Hopes Falling Ethereum Fees Will Spur DEX Trading

Markets excited by the prospect of declining ETH fees may have caused a surge in 0x, an Ethereum-based DEX that will benefit from decongestion.

from CoinDesk https://ift.tt/3hgWcH2

First Mover: Wacky Bitcoin-to-DeFi Crypto Markets Might Be New Home of Capitalism

Cryptocurrency markets from bitcoin to DeFi might be full of rampant speculation, but they also might be keeping the fires of capitalism lit.

from CoinDesk https://ift.tt/3gkcH3T

An AWS Virtual Machine Is Infected With Mining Malware. There Could Be Others

A monero mining script has been embedded in a public instance of an AWS virtual machine. How many others are similarly infected?

from CoinDesk https://ift.tt/2EouSs1

These Illicit SIM Cards Are Making Hacks Like Twitter’s Easier

SIM cards that spoof specific numbers, prevent tracking, and alter users voices are making social engineering attacks like those on Twitter easier.

from CoinDesk https://ift.tt/34mz4U6

Bitcoin Options Open Interest Nears All Time High – But Rise in Puts Could Presage Drop

While soaring open interest can be a sign of a continuing trend, the offloading of calls suggests bitcoin could correct further.

from CoinDesk https://ift.tt/3l6m2jq

Bitcoin in Cuba: A Local YouTube Influencer Explains How It Works

Bitcoin in Cuba is "growing and gaining strength," according to YouTube influencer Erich García Cruz. Here's how Cubans are using crypto.

from CoinDesk https://ift.tt/32fr5VV

Swiss Crypto Firms Say First Automated, AML-Compliant Bitcoin Transfer Completed

The new bitcoin transaction automatically complies with the FATF Travel Rule and will save intermediaries from doing it all manually.

from CoinDesk https://ift.tt/2FC4NWO

Bitcoin Has Lost Its Way: Here’s How to Return to Crypto’s Subversive Roots

Bitcoin has traded its radical potential for the prospect of mainstream adoption. It's not worth it, writes Rachel-Rose O'Leary.

from CoinDesk https://ift.tt/2QbxQCT

INX Crypto Exchange to Launch $117M IPO Next Week

INX Ltd. said it will launch its long-awaited landmark IPO as soon as Monday, capping a nearly two-year journey for the startup cryptocurrency and security token exchange.

from CoinDesk https://ift.tt/3hk9KS4

VC-Backed Crypto Exchange Mexo Launches in Latin America

Mexo, a cryptocurrency exchange designed for the Latin American user, launched on Thursday.

from CoinDesk https://ift.tt/3hhBjvu

The Most Pro-Bitcoin Politicians in the US

Whether fighting for reduced taxes for staking or regulatory sandboxes for tokens, these politicians break the mold when it comes to digital assets.

from CoinDesk https://ift.tt/3l3grue

Market Wrap: Bitcoin Breaks $11.8K; BTC in DeFi Doubles in August

Bitcoin price is on the upswing as the amount of the world’s oldest cryptocurrency locked in DeFi jumps.

from CoinDesk https://ift.tt/2FM1pch

Tron Loses 23% of Its $4.3B USDT Reserves to DeFi Hotbed Ethereum

A "3rd party" crypto exchange ordered the swap. Signs point to Binance.

from CoinDesk https://ift.tt/32pDpTZ

ETC Labs Rolls Out Fixes to Thwart Further 51% Attacks on Ethereum Classic

Shaken by weeks of network-overwhelming hacks, ETC Labs has outlined its security response.

from CoinDesk https://ift.tt/327P8X6

Ready to Wumbo: LND Enables More, Larger Bitcoin Transactions on Lightning

LND now supports Lightning Network wumbo channels. These channels have the capacity to hold more funds, and users can send larger bitcoin transactions.

from CoinDesk https://ift.tt/2YhNYHc

US Congressman Tom Emmer Will Accept Crypto Donations for Reelection Campaign

Rep. Tom Emmer of Minnesota will accept crypto donations for his campaign, facilitated through BitPay.

from CoinDesk https://ift.tt/3iVrRhN

Blockchain Bites: Ethereum’s Fees, Bitcoin’s Pullback, Ren’s Great Week

yEarn.finance's governance token has "flippened" BTC, for the first time ever, while stablecoins may become unbalanced if traders ditch a “market-neutral strategy.”

from CoinDesk https://ift.tt/2YkrAwX

Thailand Is Prepping to Move Judicial System Records to a Blockchain

The Office of the Court of Justice is developing its blockchain as part of Thailand's court digitization campaign.

from CoinDesk https://ift.tt/3gb0LRP

Bitcoin News Roundup for Aug. 20, 2020

With bitcoin taking a back seat to the DeFi boom and data platforms aiming for the moon, CoinDesk's Markets Daily is back for your latest crypto news roundup!

from CoinDesk https://ift.tt/2E1twnh

First Mover: Collapsing Bitcoin Futures Premium Offers Glimpse of New Digital Money Market

Dollar-linked "stablecoins" are being used in exotic cryptocurrency trades, similar to the way money markets serve as liquidity on Wall Street.

from CoinDesk https://ift.tt/2E0W4gH

Ethereum-Based MadNetwork Aims to Clean Up Advertising’s ‘Programmatic Cesspool’

MadNetwork, an adtech transparency project with a Layer 2 solution built on Ethereum, emerges from stealth today with a testnet coming next month.

from CoinDesk https://ift.tt/2CKpkrb

Binance Launches DeFi Staking With Cryptos Kava and Dai

Users of crypto exchange Binance can now earn interest on Dai and Kava as the exchange's decentralized finance (DeFi) staking platform goes live.

from CoinDesk https://ift.tt/3l56T1C

DeFi Token YFI Is Now Worth More than a Bitcoin

Bitcoin has been superseded as the most valuable cryptocurrency – for the first time ever – by the YFI governance token from DeFi protocol yEarn.

from CoinDesk https://ift.tt/3hi8rDh

BlockFi Raises $50M From Universities, NBA Star, Others as Crypto Lending Soars

BlockFi, a major player in the crypto-lending sector, has now raised nearly $100 million in the past 12 months.

from CoinDesk https://ift.tt/3gbp965

Bitcoin Risks Deeper Drop if Dollar Rebounds

The bitcoin price could pull back even further should the dollar stage a full-blown recovery on the back of the latest Fed meeting.

from CoinDesk https://ift.tt/2YkUywN

Algorand’s Move into DeFi Gives ALGO Price a Boost

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.

from CoinDesk https://ift.tt/2FBs4rT

OmiseGo Price Doubles as DeFi and Record Ethereum Fees Create ‘Perfect Storm’

OmiseGO has more than doubled in the past seven days as record Ethereum fees lead investors to look more closely at layer-2 solutions.

from CoinDesk https://ift.tt/2QayEIc

Algorand Readies On-Chain Smart Contracts as the Summer of DeFi Rolls On

The "stateful" smart contracts are a watershed for DeFi projects, Algorand claimed.

from CoinDesk https://ift.tt/2CLLZDE

High Ethereum Fees Push Tether to Its Eighth Blockchain, OMG Network

Tether’s USDT is now live on scaling blockchain OMG Network in a bid to decrease pressure on its parent blockchain, Ethereum.

from CoinDesk https://ift.tt/2Q7Kenf

Mirror Trading Clients Should Take Their Money and Run, South Africa’s Financial Regulator Advises

Texas regulators ordered MTI to cease and desist in July, alleging it was a crypto fraud.

from CoinDesk https://ift.tt/2EiJwRo

Ren Just Had a Great Week as Demand for Bitcoin on DeFi Rises

Prices for ren, the token for the RenVM DeFi network, experienced a great week, as the demand for bitcoin rises on DeFi.

from CoinDesk https://ift.tt/2CMQjm8

Market Wrap: Bitcoin Sinks to $11.6K as Ether’s Gas Keeps Rising

As bitcoin’s price falls, Ethereum’s fees rise.

from CoinDesk https://ift.tt/3hcOzBx

Hawaii Welcomes Crypto Exchanges Back With New Regulatory Sandbox

ErisX and bitFlyer are among the 12 crypto exchanges piloting Hawaii’s digital currency regulatory sandbox, that will allow selected entities to do business in the state without its stringent money transmitter license for a two-year period.

from CoinDesk https://ift.tt/325gFYZ

Stablecoin Demand May Drop if Traders Abandon Bitcoin ‘Cash and Carry’ Strategy

Institutional demand for stablecoins may cool because yield on “carry trades” has been cut in half since Monday.

from CoinDesk https://ift.tt/32buq8w

A Former Beauty Queen Raised $12M to ‘Revolutionize’ Cannabis. The Courts Can’t Find Her

Here's how a weed-smoking model raised millions of dollars with a 2017 token sale in California, then disappeared during an ongoing lawsuit.

from CoinDesk https://ift.tt/3laqPjY

S&P5 vs. S&P 500: The Real Story of the Stock Market Recovery

The S&P 500 has recovered to hit new all-time highs but how real is it, and how are leading finance minds interpreting the recovery?

from CoinDesk https://ift.tt/3gcM9BB

The Bitcoiners Who Live ‘Permanently Not There’

The crypto-rich are just like the usual rich: They will do whatever it takes to avoid paying taxes including moving abroad. But bitcoin makes that much easier.

from CoinDesk https://ift.tt/3he6ZSv

Russia’s New Blockchain Elections Remain Centralized

There will be two blockchain voting pilots for Russia's off-year election next month.

from CoinDesk https://ift.tt/3iPlHzA

Blockchain Bites: Bitcoin in Space; Prime Brokerage Race; Nodes You Can’t Trace

The OCC's door is open for banks looking to discuss getting involved in crypto services, a Russian bank issued a token-backed loan and bitcoin has been sent from space.

from CoinDesk https://ift.tt/321gtKo

Pro-Bitcoin Senate Candidate Wins Primary Race in Wyoming

Cynthia Lummis, a former U.S. Representative and current bitcoin advocate, has won her primary race to join the U.S. Senate representing Wyoming.

from CoinDesk https://ift.tt/3g99owh

Bitcoin News Roundup for Aug. 19, 2020

With bitcoin pulling back from its bull run and the emergence of YAM-inspired “Spaghetti Money,” CoinDesk's Markets Daily is back for your latest crypto news roundup!

from CoinDesk https://ift.tt/3gcKcFg

Chainlink to Provide Data for Farming Insurance Startup Arbol

Chainlink will provide climate data for insurance startup Arbol’s weather derivatives. Small to medium sized firms can use the Ethereum-based dapp for hedging natural events.

from CoinDesk https://ift.tt/3iUjZgj

First Mover: Money Legos Turn ‘Exuberant’ as Chainlink Stripped of ‘DeFi’

This year's growth in the cryptocurrency subsector DeFi has been so remarkable that some analysts are now calling the phenomenon "exuberant."

from CoinDesk https://ift.tt/2E0eAFY

Barclays’ Former Russian Bank Has Issued a Token-Collateralized Loans

Expobank has issued its first loan using WAVES tokens as collateral – the bank are now estimating what future demand could be.

from CoinDesk https://ift.tt/323iJAM

NFTs Are Boring; Here’s How to Make Them Fun

Crypto collectables have a limited audience, but the underlying technology behind NFTs can create novel online experiences and games for everyone.

from CoinDesk https://ift.tt/323OZnj

Bitcoin’s Bull Run is Slowing – Pullback Now Expected

Some analysts are now predicting further price corrections after bitcoin fell back below the $12,000 milestone on Tuesday.

from CoinDesk https://ift.tt/3iYUNpb

UK Regulator Grants License to Digital Security Exchange Archax

The U.K. watchdog has granted several licenses to Archax that will allow it to become a "one-stop-shop" for the digital security space.

from CoinDesk https://ift.tt/2CJKuWy

$200m Staked in YAM-Inspired DeFi Protocol in Under 12 Hours

The DeFi craze continues as investors stake $200 million in a new yield farming protocol that's not even 12 hours old yet.

from CoinDesk https://ift.tt/328erYK

Riot Blockchain Supercharges Mining Ops With 8,000 More Bitmain Rigs as Bitcoin Price Soars

Company executives say Riot Blockchain is on track to become cash flow positive later this year.

from CoinDesk https://ift.tt/2Q74lCa

Market Wrap: Bitcoin Slides to $11.8K; Uniswap at $7M in Monthly ETH Fees

Bitcoin heads to bearish territory while the Ethereum blockchain’s gas fees continue to be pricey.

from CoinDesk https://ift.tt/347bzhE

Blockchain Privacy Firm HOPR Releases Mixnet Hardware Node for Ethereum

HOPR Hardware Nodes validate transactions on the Ethereum blockchain – without any reliance on cloud servers controlled by Amazon and Alibaba.

from CoinDesk https://ift.tt/315YxPy

How Excess Capital and Low Interest Rates Reshaped Silicon Valley, Feat. Chris McCann

A conversation with a VC about changes in fintech, crypto and how public market trends shape the startup scene.

from CoinDesk https://ift.tt/2Yb2qAK

Binance-Owned WazirX Announces DeFi Project With Matic

The exchange has opted for Matic instead of Ethereum’s network, which is currently dominating the DeFi space because of "high gas costs."

from CoinDesk https://ift.tt/34iArCW

Why the Decentralized Web’s Development Is Unstoppable

The time to hone in on the “New Internet” is now.

from CoinDesk https://ift.tt/3ayCDaP

One Small Step for Bitcoin – SpaceChain Secured Transfer From International Space Station

SpaceChain said the test advances its dreams of building a decentralized blockchain infrastructure in space.

from CoinDesk https://ift.tt/3kWZEcc

Bequant, Now in Crowded Prime Brokerage Race, Adds Signature Bank Integration

In a newly crowded market, Bequant is still adding features to the suite of services it's been building for the past two years.

from CoinDesk https://ift.tt/2Q3qe55

Russia, With Bitcoin Playing Bit Part, Tried to Hack 2016 US Election, Senate Report Finds

Bitcoin may have been the salacious pretext to Marina Butina's fling with Patrick Byrne.

from CoinDesk https://ift.tt/3iQ9ydO

DeFi-Yield-Hunting Token yEarn Explodes to $11K From $32 in One Month

A governance token for DeFi investment protocol yEarn Finance has shot up to over $11,000 despite barely being a month old.

from CoinDesk https://ift.tt/3az4pE9

Blockchain Bites: Hashrates Drop, Bitcoiners Hodl and an Open Letter to Bankers

Floods are dampening bitcoin mining hashrates, Ethereum Classic may be thrown off its most liquid exchange and bitcoin is moving off exchanges.

from CoinDesk https://ift.tt/2E2b8uc

Dust Attacks Make a Mess in Bitcoin Wallets, but There Could Be a Fix

When dust settles in your home, you sweep it up. But what happens when dust makes its way into your Bitcoin wallet? Cleaning it up may not be so simple.

from CoinDesk https://ift.tt/3aAYiPr

Bitcoin News Roundup for Aug. 18, 2020

With bitcoin's exchange reserves at a 20-month low and its hashrate getting soaked in Sichuan, CoinDesk's Markets Daily is back for your latest crypto news roundup!

from CoinDesk https://ift.tt/3iSzFRe

The OCC’s Crypto Custody Letter Was Years in the Making

The Office of the Comptroller of the Currency has been evaluating the cryptocurrency space for years, well before it publicly announced banks could provide services in the field last month.

from CoinDesk https://ift.tt/3g8I0OX

Binance Credited With Helping Take Down Ukraine Crypto Laundering Group

Binance began pouring more resources into its data analysis and laundering detection capabilities earlier this year.

from CoinDesk https://ift.tt/2E3v9Rg

Crypto Exchange LGO Integrates With Fireblocks to Speed Up Trading Times

LGO says its partnership with Fireblocks will speed up slow deposit times – an opportunity cost for crypto exchange users.

from CoinDesk https://ift.tt/3g9bvQS

First Mover: Bitcoin Passes $12K, Dollar Worries Grow, OMG Jumps, Portnoy’s Orchid #Pump

Bitcoin rises, Warren Buffett buys gold miner, Wall Street dollars worry grow, OMG price jumps, Orchid gets #pump tweet, Ethereum Classic delisting.

from CoinDesk https://ift.tt/2Ye9g8F

Elliptic Adds Monitoring Support for Binance Chain and BNB

Ellipitc is only the second crypto analysis company to support Binance's namesake blockchain.

from CoinDesk https://ift.tt/323mExt

Bitcoin Holding Sentiment Strongest in Nearly Two Years

The amount of bitcoin held on crypto exchanges is down to a 21-month low, a sign investors are feeling bullish.

from CoinDesk https://ift.tt/314Kx8A

Chainlink Up Nearly 1,000% Since ‘Black Thursday’ Crash

Chainlink's LINK token has surged nearly 1,000% over the past five months – some are worried the market is beginning to overheat.

from CoinDesk https://ift.tt/3g1TPXe

Game Show Winner Loses $39K in Bitcoin Facebook Scam

A former winner of Deal or No Deal has lost nearly $40,000 after a bitcoin investment company turned out to be a Facebook scam.

from CoinDesk https://ift.tt/346rInv

Binance Charity Pledges $20K to Beirut Explosion Relief Efforts

Binance's charity arm is donating $20,000 to the victims of an explosion that rocked Lebanon's capital earlier this month.

from CoinDesk https://ift.tt/3g2tSXr

Top Bitcoin Mining Pools See 15% Hash Rate Drop Amid Continuous Rainstorms in China

Major Chinese bitcoin mining pools are each seeing daily hash rate drops between 10 to 20% as continuous rainstorms in Sichuan disrupt power supply.

from CoinDesk https://ift.tt/2YaCOnv

Nvidia Accused of Trying to Discredit Ex-Employee in Crypto Mining Revenue Trial

Investors suing Nvidia have opposed a motion from the U.S. chipmaker that would shut out the testimony from an ex-employee.

from CoinDesk https://ift.tt/3h6Ppj5

Market Wrap: Bitcoin Cracks $12.4K; DeFi Crosses $6B Locked

Bitcoin experienced a big jump Monday as investors continue to drop crypto into DeFi.

from CoinDesk https://ift.tt/3kWllcc

Capital One Files Patent for AI That Would Slice, Dice Social Media to Find Crypto Trading Picks

“It would be impossible for human traders to track,” crypto's 24/7 informational onslaught on their own, Capital One said.

from CoinDesk https://ift.tt/2E16gpk

OKEx Mulls ETC Delisting After Losses From Two 51% Attacks

OKEx admitted a total loss of approximately $5.6 million from the recent Ethereum Classic 51% attacks and could delist ETC from its exchanges.

from CoinDesk https://ift.tt/3ayF3Gv

What’s Actually Happening With Inflation Right Now

The numbers are all over the place and the narratives are even more complicated, so what’s the real story with inflation?

from CoinDesk https://ift.tt/2EeX6W8

An Open Letter to Our Dear Bankers: Be Brave

It's time to have a conversation about crypto, dear banker.

from CoinDesk https://ift.tt/3iQdBXv

Grayscale’s Bitcoin Cash and Litecoin Trusts Begin Trading Publicly

Grayscale now has six publicly traded crypto investment vehicles, all trusts.

from CoinDesk https://ift.tt/3iLA08r

Bitcoin Surges Past $12,000 to New 2020 High

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.

from CoinDesk https://ift.tt/2Y7fy9W

Blockchain Bites: Bitcoin on DeFi and DeFi on Bitcoin

More bitcoins are being tokenized than mined, DeFi is coming to the Bitcoin system and a former Prudential Securities CEO thinks crypto is a safe bet.

from CoinDesk https://ift.tt/2EapIQg

Bitcoin News Roundup for Aug. 17, 2020

With bitcoin’s hashrate reaching record highs and litecoin hoping to Mimblewimble its way into new users' wallets, CoinDesk's Markets Daily is back with your latest crypto news roundup!

from CoinDesk https://ift.tt/3aBF3VZ

Huobi Launches Consortium of DeFi Providers and Platforms With MakerDAO, Compound

Huobi has launched a new consortium with MakerDAO and Compound to promote decentralized finance.

from CoinDesk https://ift.tt/34dYIud

Blockchain Venture Capital Firm SPiCE VC Taps Coinbase as Digital Asset Custody Partner

SpiceVC announced it has signed an agreement with Coinbase Custody, under which Coinbase will serve as the digital asset custodian for the Spice token.

from CoinDesk https://ift.tt/349hR0k

First Mover: Litecoin and Mimblewimble, Ether Futures, Chainlink, Curve

Litecoin's Mimblewimble upgrade sparks optimism, Ether futures hit records, Chainlink developers take profits.

from CoinDesk https://ift.tt/3g1VpZ1

ING Bank, Rolls Royce Join Alliance to Promote Blockchain Education

Both Rolls Royce and Ing Bank have signed up to an industry body that supports student developers interested in building their own blockchain projects.

from CoinDesk https://ift.tt/3au5b5h

Bitcoin Price Holds Below $12K Even as Hash Rate Hits All-Time High

Bitcoin's hash rate has soared to record highs, some analysts say it might kick the price out of its rut.

from CoinDesk https://ift.tt/3fZJ0ot

Litecoin Gets Bullish Speculation, at Last, as Upgrade Approaches

"The upcoming privacy upgrade would leave litecoin valuations around all time highs," one industry analyst said.

from CoinDesk https://ift.tt/3atEr4Q

APIs Will Decentralize CBDCs

Central banks must create API access for CBDC experiments if they're serious about full inclusion, market resilience and system efficiency.

from CoinDesk https://ift.tt/2CCjyba

Pantera Tells SEC Its Crypto Fund Has Raised Nearly $165M

Pantera has informed the SEC its crypto fund has received a total of $164.7 million from investors with portfolios worth over $5 million.

from CoinDesk https://ift.tt/2Y9wOLY

Bitcoin DeFi May Be Unstoppable, What Does It Look Like?

Bitcoin veterans are about to join the decentralized finance (DeFi) bull run, and they are taking a very different approach than Ethereum fans.

from CoinDesk https://ift.tt/2DQosC8

Ex-Prudential Securities CEO Calls Bitcoin a ‘Safe Haven’

George Ball, who claimed himself as a Bitcoin and blockchain opponent, said that bitcoin or another cryptocurrency is “very attractive” both in the long term and short term.

from CoinDesk https://ift.tt/310vNrd

Crypto Long & Short: The Surprisingly Sunny Outlook for Crypto Hedge Funds

Bitcoin returns are beating crypto hedge funds, but other recent developments point to more favorable tailwinds for those funds in the long term.

from CoinDesk https://ift.tt/2PUW0RO

Meet a Freelance Cypherpunk Developer in Africa

Fodé Diop, founder of the Dakar Bitcoin Developers meetup in Senegal speaks with CoinDesk’s Leigh Cuen about bitcoin in Africa.

from CoinDesk https://ift.tt/2Y4WJ7o

Is Asteroid Mining Really Our Best Argument for Bitcoin Over Gold?

After a Winklevoss encounter highlights Elon Musk’s space mining dreams, maybe we should remind ourselves of the right-here-at-home benefits bitcoin brings.

from CoinDesk https://ift.tt/31RyH0Q

15 Ways to Stay Sane While Trading Crypto

24/7 markets. Big price swings. Hacks. Trading crypto can be tough on the nervous system. Here, based on interviews with leading traders, are tips for maintaining equilibrium.

from CoinDesk https://ift.tt/2PY1fjz

What Venezuelans Think About Bitcoin and American Media

Venezuelan journalist Javier Bastardo and CoinDesk’s Leigh Cuen talk about cryptocurrency and the American media industry.

from CoinDesk https://ift.tt/2PXZWRI

Ether’s Rally to 25-Month High on DeFi Boom Drives Record Demand for Derivatives

Record open interest in ether derivatives suggests the recent price rally has legs.

from CoinDesk https://ift.tt/344Dr5Y

Bitcoins Are Being Tokenized Faster Than They’re Mined as DeFi Craze Continues

The decentralized finance craze is causing demand for tokenized bitcoin to surge.

from CoinDesk https://ift.tt/3kUNjp5

Here Comes the Most Bizarre Bull Market Yet

Social unrest on the one hand, “Degen Finance” on the other. Strap in for a very weird bull run.

from CoinDesk https://ift.tt/3iJJktw

Enterprises Would Use DeFi, if It Weren’t so Public

For DeFi to go mainstream, it needs to adopt the privacy large enterprises require.

from CoinDesk https://ift.tt/2Y61tK9

PayPal Co-Founder, DCG-Backed BTC Mining Firm Layer1 Accused of Patent Infringement

Data center power management firm Lancium filed a lawsuit against Layer1 today, alleging that the BTC mining firm’s operations had infringed upon its patent.

from CoinDesk https://ift.tt/3g2xyZk

Market Wrap: Bitcoin Bounces to $11.8K as Ether Option Traders Go Bearish

Bitcoin broke through $11,800 Friday while traders are anticipating an ether fall based on the options market.

from CoinDesk https://ift.tt/30UJjwB

Newest DAO Project Was Thrown a Curve, but the Team Is Rolling With It Anyway

An anonymous DeFi user deployed Curve Finance’s DAO and token smart contracts without the team’s permission, but the Curve team is adopting it anyway.

from CoinDesk https://ift.tt/31RQAwv

Fortnite vs. Apple and Google Is the Internet’s First ‘World War’

What’s truly at stake in Epic Games' battle with Apple and Google is the power to shape and profit from the future of digital experiences.

from CoinDesk https://ift.tt/2FhIeXg

A WeChat Ban Should Be the Moment for Decentralized Tech. But It’s Not.

President Trump’s threat to ban WeChat could disrupt the communication of millions of people. Decentralized technology is one solution, but will people really use it? Not necessarily, industry watchers say.

from CoinDesk https://ift.tt/326T0Yr

Lending Protocol Aave Eyes Tokenized Mortgages With Launch of V2

Tokenized mortgages may be coming to decentralized finance (DeFi) following Aave v2’s specification announcement Friday.

from CoinDesk https://ift.tt/3arYD6V

Money Reimagined: How a Dangerous Idea Could Work

Modern Monetary Theory, which says deficits don't matter, has some truth to it. But putting it into practice would be risky without modern controls.

from CoinDesk https://ift.tt/33ZVeez

Bove Says Dollar’s Dominance Challenges Include Cryptocurrency

The noted says a possible end to U.S. dollar-ruled financial system "frightening, yet the probability is quite high."

from CoinDesk https://ift.tt/3iDRinO

Blockchain Bites: Ripple’s Rebuff, DeFi’s ‘Degens’ and China’s CBDC

Both the U.S. and China are advancing on their central bank digital currency (CBDC) designs while a Bitcoin developer created a new programming language.

from CoinDesk https://ift.tt/2PUMZbj

Masternodes in Legal Limbo as Regulators Fail to Act

U.S. regulators have yet to issue clear guidance about whether masternode operators are breaking securities laws.

from CoinDesk https://ift.tt/3fXP5lB

Bitcoin News Roundup for Aug. 14, 2020

With traditional finance and crypto traders both enjoying market madness, CoinDesk's Markets Daily is back with your latest crypto news roundup!

from CoinDesk https://ift.tt/3gYUIky

Crypto Exchange INX Plans $117M US IPO With Small Israeli Underwriter

Crypto exchange INX has told the SEC that its upcoming IPO will be underwritten by a relatively low-profile Israeli company called A-Labs.

from CoinDesk https://ift.tt/30T5eEu

Crypto Savings Accounts Are Coming to Fintech Firms That Use Wyre

Crypto payments startup Wyre is offering white-labeled savings accounts that dole out interest on crypto, the company announced Friday.

from CoinDesk https://ift.tt/30WWuwZ

First Mover: As Wall Street Goes Topsy-Turvy, Crypto Traders Are Bullish as Ever

Crypto traders are enjoying their own version of the market’s madness, from bitcoin’s bull run to the collapse of Yam to Dave Portnoy.

from CoinDesk https://ift.tt/3iGTVoO

CME Rises in Bitcoin Futures Rankings as Institutional Interest Grows

Institutional interest in bitcoin looks to be rising, as evidenced by a surge in futures open interest on the CME.

from CoinDesk https://ift.tt/2Y2qsxL

Marathon Signs New $23M Contract with Bitmain for 10,500 Bitcoin Mining Rigs

The $23 million purchase will see Marathon's bitcoin mining capacity increase drastically, turning it into one of the largest miners in North America.

from CoinDesk https://ift.tt/3anvf1G

Singapore’s Central Bank Backs New Code of Practice for Crypto Companies

The guidance is aimed to assist regulatory compliance and enhance crypto industry conduct under the city-state's payment laws.

from CoinDesk https://ift.tt/2CrjNpr

Ripple CEO Hits Out at Reports Claiming Firm Is Pivoting From Interbank Payments

The CEO of Ripple Labs, Brad Garlinghouse, has criticized the Financial Times for saying the XRP creator plans to move away from interbank payments.

from CoinDesk https://ift.tt/2DUI0VR

Attorney Ordered to Pay Out $5.2M for Bitcoin Escrow Mishap

The New York attorney released the funds without authorization and lost investment firm Benthos Master Fund $4.6 million intended for a bitcoin purchase deal.

from CoinDesk https://ift.tt/3aplbFv

China to Launch Major Expansion of Digital Currency Trials

China is said to be planning additional testing of its digital yuan across a number of developed regions including Hong Kong.

from CoinDesk https://ift.tt/3iCLLOn

BitMEX to Mandate ID Verification for All Traders as Maverick Exchange Ends Wild Ways

The change comes with a six-month “grace period” ending in February.

from CoinDesk https://ift.tt/3aphEai

Anchorage Is Streamlining Custody of Tokensoft’s ERC-1404 Security Tokens

The new partnership will add direct custodial support for Arcoin and INX, the upcoming INX Limited security token.

from CoinDesk https://ift.tt/2Y00gUv

Blockchain Bites: Coinbase’s Loans, Ethereum’s Fees, YAM’s Bug

Ethereum fees and miners' profits are at all-time highs. Coinbase is offering bitcoin-backed loans and the Tor Network is subject to a crypto scam.

from CoinDesk https://ift.tt/3kJl7oM

Mining Firm Hut 8 Reports 28% Drop in Q2 Revenue Following Bitcoin Halving

Bitcoin mining firm Hut 8 reported a sharp drop in revenue. However, the rising value of the firm's BTC holdings helped it finish the quarter in the black.

from CoinDesk https://ift.tt/3gUFHA9

Bitcoin News Roundup for Aug. 13, 2020

With the price of BTC bouncing and ETH miners on the rise, CoinDesk's Markets Daily is back for your news roundup!

from CoinDesk https://ift.tt/3gVbotm

US Prosecutors Attempt to Seize Bitcoin Allegedly Tied to Al Qaeda

The U.S. Department of Justice is trying to seize bitcoin from 155 addresses it alleges were used by Al Qaeda to fund terrorism.

from CoinDesk https://ift.tt/33YeIjU

New Jersey Man Accused of Paying $20K in Bitcoin to Have Sex Crimes Victim Killed

A New Jersey sex offender is now accused of paying a hitman in bitcoin to murder his 14-year old victim.

from CoinDesk https://ift.tt/2POTYCL

Crypto Data Site CoinMarketCap Has Gone Offline

The website for popular price aggregator CoinMarketCap appears to be down with all data and news feeds currently inaccessible.

from CoinDesk https://ift.tt/31Np6rZ

4 Myths About CBDCs Debunked

As central bank digital currencies have risen up the policy agenda, myths have emerged to confuse what they can and can't deliver.

from CoinDesk https://ift.tt/31NmMkG

Crypto VC Firm Assesses the ‘State of Blockchain Governance’

Greenfield One, an early-stage venture capital firm, just published a comprehensive new resource on the topic of blockchain governance.

from CoinDesk https://ift.tt/3fRnXEv

Bitcoin Recovers from $11.3K Despite Losses in European Stocks

Bitcoin has shrugged off a drop to $11,300 for the third day running, possibly buoyed by gold's recovery on Wednesday.

from CoinDesk https://ift.tt/2Cp54ex

Elliptic Teams With Fireblocks to Automate Security and Compliance in Crypto Industry

Elliptic has joined forces with Fireblocks to automate anti-money laundering compliance for their shared institutional clients.

from CoinDesk https://ift.tt/2PPdVcC

Why It’s Time to Pay Attention to Mexico’s Booming Crypto Market

In a trend that is largely unnoticed outside of the country, Mexico is embracing cryptocurrency at a breakneck speed.

from CoinDesk https://ift.tt/2XVtKmq

First Mover: Ethereum Faces Inflation Problem as Gas Fees Soar

Ethereum "gas" prices are soaring, and cryptocurrency traders say it's a reflection of congestion on the blockchain that's now starting to slow down transactions on decentralized exchanges.

from CoinDesk https://ift.tt/31Slt3M

What Bitcoin Can Learn From Gold About Staying ‘Clean’

A proposal to adapt gold's "good delivery" system to bitcoin, with the aim of bringing more investors into the market and boosting liquidity.

from CoinDesk https://ift.tt/3fXyTk6

Goldman Sachs Sells $6.5m of Shares in Ripple-Partner MoneyGram: SEC Filing

Goldman Sachs and its subsidiaries have sold 9% of their total position in the Ripple-partner MoneyGram – worth approximately $6.5 million.

from CoinDesk https://ift.tt/3gSStiV

Daily Profitability for Ethereum Miners Hits Over 2-Year High

The surge in profitability comes after rises in transaction fees and prices of the ether cryptocurrency.

from CoinDesk https://ift.tt/2PO1u0z

YAM’s Market Cap Falls From $60M to Zero in 35 Minutes

YAM’s market cap fell to zero just minutes after the co-founder pronounced the yield farming project dead. A rescue plan is now on the cards.

from CoinDesk https://ift.tt/3iOESd5

DeFi Meme Coin YAM Succumbs to Fatal ‘Rebase’ Bug

DeFi meme coin ‘YAM’ has lost control of its on-chain governance feature following a reported bug.

from CoinDesk https://ift.tt/2XUCN78

Fed Reserve Analysts Say Common Digital Currency Distinction ‘Problematic’

Bitcoin blurs the boundaries of a widely used classification of digital currencies and the distinction should be retired, say Fed experts.

from CoinDesk https://ift.tt/33Wm0UX

Nigerians Are Using Bitcoin to Bypass Trade Hurdles With China

Nigerian entrepreneurs are increasingly using bitcoin as a way to trade internationally, noting its significant benefits over legacy financial systems.

from CoinDesk https://ift.tt/3kFUhhl

Link Price Surges 32% to Overtake Bitcoin Cash as 5th-Largest Crypto by Market Cap

The native token of decentralized oracle network Chainlink (LINK) has just claimed a top-five spot in terms of market value.

from CoinDesk https://ift.tt/3fRrfHW

Decentralized Finance Frenzy Drives Ethereum Transaction Fees to All-Time Highs

Average transaction fees broke all-time highs as median fees hover just below its high.

from CoinDesk https://ift.tt/2DFjic5

Uniswap’s August Volume Topples July $1.76B Record in Less Than Two Weeks

Uniswap reported $TK billion in monthly volume as of Wednesday.

from CoinDesk https://ift.tt/31Qqmuc

Coinbase to Offer Bitcoin-Backed Loans to US Customers

Coinbase will allow U.S. retail customers to borrow fiat loans against as much as 30% of their bitcoin holdings starting in the fall.

from CoinDesk https://ift.tt/30RJYiA

Stacks Foundation Will Soon Put Those 100M Tokens to Work

The blockchain governance foundation is stacking stacks.

from CoinDesk https://ift.tt/3ajYmD0

Market Wrap: Bitcoin Rebounds to $11.5K; Ethereum’s Gas Woes Worsen

Bitcoin’s price is bouncing back as Ethereum fees cause problems.

from CoinDesk https://ift.tt/2PZWIgR

Token Sales Are Back in 2020

As the price of bitcoin rises, token sales have become trendy once more. Here's how Avalanche, Polkadot and NEAR have fared in 2020.

from CoinDesk https://ift.tt/3fZ8NNT

#SupplyGate and the Battle to Frame Crypto’s Next Bull Run

Why the ether supply dust-up was about much more than the supply of ether.

from CoinDesk https://ift.tt/3fQqFu0

Wealthsimple, Robinhood of the North, Jumps Into Canada’s Crypto Sandbox

The millennial-friendly investments app is working with regulators on its upcoming bitcoin and ether trading service.

from CoinDesk https://ift.tt/2XY92m6

Tor Network Compromised by Single Hacker Stealing Users’ Bitcoin: Report

The unknown hacker is using Tor exit relays to remove encryption on bitcoin mixer services and change wallet addresses from users to their own.

from CoinDesk https://ift.tt/2E1KEsk

Blockchain Bites: Avanti’s New Money, DeFi Deepens and ‘How Much Ether?’

Caitlin Long has a new take on money. Russia wants to de-anonymize crypto. And Coinbase wins in court.

from CoinDesk https://ift.tt/2DCKVm4

Sirin Labs Founder Sued Over Unpaid $20M Factory Bill for Finney Blockchain Phone

The head of blockchain smartphone startup Sirin Labs, was sued over unpaid bills.

from CoinDesk https://ift.tt/2CmoAbJ

Deposits in ‘Monetary Experiment’ Meme Token YAM Break $460M

YAM, DeFi’s latest farm-fresh product, has never been audited. Yet, that’s not holding back traders from pumping the token’s price to a high of $138 since it launched Tuesday.

from CoinDesk https://ift.tt/2PMYQZe

Bitcoin News Roundup for Aug. 12, 2020

With bitcoin prices sitting around $12K and Russia developing “Transparent Blockchain” AI, CoinDesk's Markets Daily is back for your latest crypto news roundup!

from CoinDesk https://ift.tt/3gSl3AK

What Today’s Robinhood Rally Has in Common With the Last Crypto Boom

The pandemic's "Robinhood Rally" has echoes of the 2017 crypto boom and could presage new investment trends in digital asset and traditional markets.

from CoinDesk https://ift.tt/3aiA0cO

Ex-NYSE Broker Accused of Running $33M Crypto Scam Pleads Not Guilty

Michael Ackerman pleaded not guilty to one count of wire fraud for his involvement in the Q3 investment club that allegedly defrauded 150 investors.

from CoinDesk https://ift.tt/31OETGK

First Mover: How a DeFi Trader Made an 89% Profit in Minutes Slinging Stablecoins

So-called stablecoins like tether and USDC are $1 tokens in theory, but a complex arbitrage transaction seems to have netted one trader an 89% profit in just minutes.

from CoinDesk https://ift.tt/3fRoTsK

Russian Financial Crime Agency Plans AI Tool to Link Crypto Transfers to Users

Russia's anti-money laundering agency Rosfinmonitoring has already built a prototype blockchain analytics tool, according to a report.

from CoinDesk https://ift.tt/2DB3Q0x

Grayscale Tells SEC Its Bitcoin Trust Rose $1.6B Over Six Months

Crypto investment firm Grayscale has told the SEC that the dollar-value of assets in its flagship bitcoin fund increased 90% to over $1.6 billion.

from CoinDesk https://ift.tt/3fKzwNS

The Linux Foundation Wants Open-Source Tech to Address Future Pandemics

The Linux Foundation hopes open-source apps will play a key role in tracing exposure to diseases like COVID-19 while being fully transparent.

from CoinDesk https://ift.tt/3fQmjmK

Asset Manager NYDIG Raises $5M for Third Bitcoin Fund in 2020

NYDIG has set up another bitcoin fund, raising $5 million from accredited investors – it's unclear what differentiates this one from its previous funds.

from CoinDesk https://ift.tt/31MhzJE

Appeals Court Backs Coinbase in Bitcoin Gold Fork ‘Breach of Contract’ Lawsuit

A California appeals court has backed a prior judgement that the cryptocurrency exchange wasn't obliged to to support the Bitcoin Gold hard fork in 2017.

from CoinDesk https://ift.tt/30MoHqo

Unpacking the Avit, Avanti Bank’s New Digital Asset Being Built With Blockstream

Avanti says the Avit will not encounter the legal, accounting or tax hurdles of stablecoins, but it’s not yet clear where the asset will fit under U.S. law.

from CoinDesk https://ift.tt/3iKrJBN

Alchemy Goes Public With Developer Platform in Bid to Grow DeFi Ecosystem

Blockchain infrastructure startup Alchemy just launched its full suite of products to the public, after a two-year closed beta serving teams like MakerDAO and Kyber Network.

from CoinDesk https://ift.tt/3iykHQu

DEX Aggregator 1inch Raises $2.8M From Binance Labs, Galaxy Digital and More

Launched by software engineers from Porsche and NEAR Protocol, the startup has raised $2.8 million in a funding round led by Binance Labs.

from CoinDesk https://ift.tt/33NoyVu

Messaging Firm LINE Makes Own Token Available to Japanese Traders for First Time

The blockchain subsidiary of the messaging app giant has made its LINK (LN) token available to Japan-based traders for the first time.

from Search Results for “bitcoin-cash” – CoinDesk https://ift.tt/3gKfZhY

Crypto Long & Short: 51% Attacks and Open-Source Value

Ethereum Classic's recent 51% attacks highlight the value of large open-source networks such as Bitcoin and Eth – it’s about more than hashrate.

from Search Results for “bitcoin-cash” – CoinDesk https://ift.tt/2DzdY9O

Market Wrap: Bitcoin Breaks $11,800; Ether Options Market Explodes

Bitcoin's price is clawing its way back after weekend losses while the ether options market suggests a bumpy road ahead.

from Search Results for “bitcoin-cash” – CoinDesk https://ift.tt/30E10k9

Bitcoin’s Patronage System Is an Unheralded Strength

Bitcoin development is better funded than ever, cementing a patronage model that protects against insider maneuvering.

from Search Results for “bitcoin-cash” – CoinDesk https://ift.tt/3fwjzL3

German Police Seize $29M in Bitcoin From Alleged Content Pirate

Prosecutors allege the programmer behind movie2k.to helped distribute 880,000 pirated films over a five-year period that ended in 2015.

from Search Results for “bitcoin-cash” – CoinDesk https://ift.tt/2DBiVyG

China’s Open Source Development Has Lessons for the US

While the U.S. complains about TikTok and Chinese IP theft, China is forging a new form of development based on open source networks.

from Search Results for “bitcoin-cash” – CoinDesk https://ift.tt/3kjbSeG

Market Wrap: Bitcoin Flat at $11.2K; DeFi Has Highest Volume Month Ever

A weak bitcoin market is not stopping Ethereum-powered DeFi growth.

from Search Results for “bitcoin-cash” – CoinDesk https://ift.tt/3ke2Srd

Coinbase’s Existing $8B Valuation Means It Doesn’t Need an IPO, Lawyer Says

An IPO would do little to boost Coinbase's following or $8 billion valuation, said a lawyer that specializes in getting startups to a public offering.

from CoinDesk https://ift.tt/31GbXkb

Bison Trails Now Supports ‘Flow’ Blockchain From CryptoKitties Maker Dapper Labs

Bison Trails users can now build apps, games and more on Dapper Labs' scalable blockchain.

from CoinDesk https://ift.tt/2XPWsW2

Chia Network Raises $5M to Rival New Crop of DeFi-Friendly Base Layers

Chia Network, led by BitTorrent creator Bram Cohen, just raised another $5 million in an equity round led by Slow Ventures.

from CoinDesk https://ift.tt/3gRN5wk

Riot Blockchain Mined 508 Bitcoin in Q2

Riot reported a current mining capacity of 556 petahash per second.

from CoinDesk https://ift.tt/2DIdgHl

Bitcoin Rally Stalls as Increasingly Correlated Gold Drops Below $2K

Bitcoin is increasingly taking cues from gold, a tried-and-tested store of value asset.

from CoinDesk https://ift.tt/3fQW1ke

10 Reasons Quant Strategies for Crypto Fail

The terms "crypto" and "quant" go together perfectly. The reality is more complicated.

from CoinDesk https://ift.tt/31KFObc

MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’

Digital gold is now the "principal holding" of MicroStrategy's revamped treasury reserve strategy.

from CoinDesk https://ift.tt/3aes0tv

Following OCC Letter, Some US Banks Appear Open to Providing Crypto Services

Nationally regulated banks want the OCC to clarify just how and when they can provide cryptocurrency services, hinting traditional financial institutions are paying close attention to the space.

from CoinDesk https://ift.tt/3iw5TBS

First Mover: After Falling 65% This Year in Bitcoin Terms, Do ‘Stablecoins’ Need a Rebranding?

So-called stablecoins have been tanking in bitcoin terms lately. Should we be calling them "crypto-dollars" instead?

from CoinDesk https://ift.tt/2DAfB7s

India May Be Starting Its Biggest Bitcoin Bull Run Yet

India’s crypto trade volumes have soared since the Supreme Court of India lifted banking restrictions for exchanges in March. According to Coin Dance's Paxful and LocalBitcoins volume data, India’s bitcoin peer-to-peer trade volume reached an all-time high in July.

from CoinDesk https://ift.tt/33P9OWk

Blockchain to Play ‘Essential Role’ in Farming Supply Chains, Says US Government

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.

from CoinDesk https://ift.tt/30KHWjU

Australian Woman Jailed for Theft of More Than 100,000 XRP

The 25-year-old received an over two-year sentence for the 2018 theft of XRP worth around $300,000 at the time.

from CoinDesk https://ift.tt/30IZE7E

China’s Blockchain Infrastructure Launches Website for Global Devs

China's Blockchain-Based Service Network has launched an English-language website for international decentralized app developers.

from CoinDesk https://ift.tt/31TSRYf

INX Scales Down US IPO Target to $117M – Still Set to Be Crypto’s Largest

The cryptocurrency and security token exchange has filed an updated IPO prospectus with the SEC, lowering the maximum expected raise and proposing a new launch date.

from Search Results for “Monero” – CoinDesk https://ift.tt/33omAuD

Mining Stocks Are Beating Bitcoin in a Bullish Cryptocurrency Market

Riot and Marathon have rallied 97% and 128% over the past year while Bitcoin as gained 3 percent.

from CoinDesk https://ift.tt/3fNdkTj

Facebook Taps David Marcus to Lead Payments Initiatives

Marcus will continue running Libra's Novi digital wallet as he takes on Facebook Financial.

from CoinDesk https://ift.tt/31F2l9y

The Latest on the Global Economy’s Most Contentious Relationship

China and the U.S. trade high-profile sanctions, but the real impact is showing up in banks and on the Hong Kong stock market.

from CoinDesk https://ift.tt/3gKCkfp

After Tumultuous Election, Belarus Goes Offline

Internet is down in Belarus as people are protesting the results of presidential election

from CoinDesk https://ift.tt/3kDFvYH

Ethereum Classic’s Terrible, Horrible, No Good, Very Bad Week

Ethereum Classic suffered two 51% attacks in the same week. One week later, exchanges, investors and developers are split on the implications.

from CoinDesk https://ift.tt/2PGl92y

Interactive Brokers to Pay $38M in Settlement Over AML Lapses

Publicly traded brokerage firm Interactive Brokers has agreed to pay multi-million dollar penalties to the SEC, FINRA and CFTC for failure to flag suspicious transactions and lapses in AML compliance.

from CoinDesk https://ift.tt/3kpPccS

Blockchain Bites: Inside Cosmos, Bitcoin at $200B, DeFi Surges

Traders are expecting bitcoin to go higher. DeFi is surging in web traffic. And Cosmos is alive and well, despite internal feuding.

from CoinDesk https://ift.tt/3gQUcoY

Three Crypto Analysis Firms Advance in ‘TechSprint’ RegTech Competition

The fintech showcase has three $50,000 cash prizes for three regtech focus areas.

from CoinDesk https://ift.tt/3gFleiR

Coinbase Snags Lyft Engineering Executive Manish Gupta

Gupta will help Coinbase 'through the next phase of company growth.'

from CoinDesk https://ift.tt/3iwrVEf

Bitcoin News Roundup for Aug. 10, 2020

With the price of bitcoin knocking on $12K, CoinDesk's Markets Daily is back with another time-saving news roundup.

from CoinDesk https://ift.tt/2DNObdS

Researchers Find Flaws in Security Protocols Developed by Major Crypto Exchanges

Private key protocols for some crypto exchanges have been implemented with bugs that could have been exploited by a well-placed malicious party, researchers say.

from CoinDesk https://ift.tt/3iskn5u

Bitcoin Transaction Fees Dropped 58% Last Week as Congestion Eased

The cost of transacting on the Bitcoin blockchain fell sharply last week as the network reverted to less frantic levels of activity.

from CoinDesk https://ift.tt/3isHkpm

The Fourth Era of Blockchain Governance

Blockchain systems have clear business advantages, but systemic governance design is key to building enterprise involvement.

from CoinDesk https://ift.tt/3ipmlni

First Mover: Bitcoin Hits $12K as Trump Orders Checks for Unemployed (Voters)

Bitcoin pushed above $12,000 as President Donald Trump ordered emergency economic aid measures that might just be a precursor to a new spending bill worth trillions of dollars. 

from CoinDesk https://ift.tt/3kwwm40

Blockchain-Based Trademark App Can Boost Australian Economy, Says Minister

On the news Australia’s rugby league is using a blockchain-based app to stop counterfeit goods, a government minister has said it could help grow the national economy.

from CoinDesk https://ift.tt/3gKCxPC

Bitcoin’s Patronage System Is an Unheralded Strength

Bitcoin development is better funded than ever, cementing a patronage model that protects against insider maneuvering.

from Search Results for “Dash” – CoinDesk https://ift.tt/3fwjzL3

Market Wrap: Bitcoin Trudges Past $11.7K as DeFi Lending Rates Gyrate

Bitcoin’s price is trending up. Meanwhile, interest rates for lending crypto in DeFi are still unpredictable.

from Search Results for “Dash” – CoinDesk https://ift.tt/39XHvG9

DeFi Traders Are Gaming Ethereum for Higher Profits, Researchers Say

DeFi trading bots create "walls of executions," resulting in higher rewards for Ethereum miners, higher profits for traders and higher fees for everyone.

from Search Results for “Dash” – CoinDesk https://ift.tt/3gxGYx8

CoinDesk Monthly Review, July 2020

In the opening weeks of July, it looked like gold would surpass bitcoin for monthly returns, as it reached an all-time high, a frustrating state of affairs for those who believe the current macro situation should be a “perfect storm” for bitcoin’s “gold 2.0” narrative. That was before bitcoin shot up nearly 20% in a […]

from Search Results for “Dash” – CoinDesk https://ift.tt/3fuwY6j

Dapp Platform NEAR Protocol Taps Ontology’s Expertise for Decentralized Identity Effort

The dapp platform will leverage Ontology's experience in building decentralized identity solutions.

from CoinDesk https://ift.tt/2PH2mUW

Bitcoin Closes on Yearly High With Return to $12K

Bitcoin is on the hunt for a new yearly high, having crossed above $12,000 early Monday.

from CoinDesk https://ift.tt/3kux6Xj

Messaging Firm LINE Makes Own Token Available to Japanese Traders for First Time

The blockchain subsidiary of the messaging app giant has made its LINK (LN) token available to Japan-based traders for the first time.

from CoinDesk https://ift.tt/3gKfZhY

Cosmos’ Founding Team Broke Up Early This Year. The Project Didn’t

How Cosmos, the blockchain interoperability project that turned a small ICO into a thriving ecosystem, survived the breakup of its founding team.

from CoinDesk https://ift.tt/3gVYc7H

Crypto Long & Short: 51% Attacks and Open-Source Value

Ethereum Classic's recent 51% attacks highlight the value of large open-source networks such as Bitcoin and Eth – it’s about more than hashrate.

from CoinDesk https://ift.tt/2DzdY9O

Link’s Trading Volume on Coinbase Surpasses That of Bitcoin

Chainlink's link token has surged past bitcoin, becoming the most traded cryptocurrency of the past 24 hours on Coinbase Pro.

from CoinDesk https://ift.tt/3fMtex3

How the Purpose of Public Markets Has Changed

Long Reads Sunday features excerpts about public and private markets, the new bitcoin bull market, and DJ Marshmello.

from CoinDesk https://ift.tt/2XGHrW8

Bitcoin’s Stolen Revolution

We wanted a permissionless system where users set the rules. We got a new financial toy for a small handful of wealthy companies and individuals.

from CoinDesk https://ift.tt/3inmaZz

The Mounting Evidence of a New Bitcoin Bull Market

From positive price indicators to a new all time high in smallholder addresses, this is the evidence a new bull run might be starting.

from CoinDesk https://ift.tt/33FkHKf

Decentralized Tech Will Be Ready for Humanity’s Next Crisis

Decentralized tools were not the default solutions to the COVID-19 pandemic, but the protocols being built today will be ready for whatever comes next.

from CoinDesk https://ift.tt/3fDrK8r

Bittrex and Poloniex Move for Summary Judgment in Market Manipulation Case

Bittrex and Poloniex were added to the case as defendants in June 2020.

from CoinDesk https://ift.tt/2ETmTDl

Market Wrap: Bitcoin Dips to $11.5K; Cardano Is Making a Big DeFi Move

After testing a $11,900 high bitcoin takes a dip while a DeFi competitor to Ethereum checks off a roadmap box.

from CoinDesk https://ift.tt/30Aft0j

Riot Blockchain Ends Week Up 29%, Hits 2020 High Ahead of Q2 Earnings Report

The company has gained 70% so far in Q3.

from CoinDesk https://ift.tt/2DGoqMG

11 Numbers That Tell the Story of the Economy Right Now

From the price of coffee to the national debt as a percentage of GDP, these 11 numbers provide a picture of a fast changing global economy.

from CoinDesk https://ift.tt/3ipt2pz

Money Reimagined: Warnings From an Argentine Tragedy

Programmable money can protect against politicians debasing currencies to satisfy their own interests.

from CoinDesk https://ift.tt/2XDErtM

First Mover: July Was a Runaway Month for Crypto Returns

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, for the stablecoins).

from Search Results for “burst” – CoinDesk https://ift.tt/2EDezYe

Blockchain Bites: Goldman’s Hire, Ether’s Options, Bitcoin’s Patronage

The Fed is rushing ahead with a payments platform, Goldman Sachs is building out a digital assets team and NBA stars have backed Dapper Labs.

from CoinDesk https://ift.tt/33GptXJ

Privacy Group Slams California Bill That Would Put Health Records on the Blockchain

EFF said the bill is a serious threat to citizens' privacy; the immutability of a blockchain means false diagnoses can't be erased.

from CoinDesk https://ift.tt/2DIiimW

Ethereum Classic Attacker Successfully Double-Spends $1.68M in Second Attack: Report

The attacker attempted to double-spend roughly $3.3 million during the second attack.

from CoinDesk https://ift.tt/30yl0V8

ParaFi Invests and Begins Staking in Bitfinex Spin-Out Exchange

ParaFi and D1 have invested a total of $450,000 into Bitfinex spin-out DeversiFi and will now play a governance role in the project's DAO.

from CoinDesk https://ift.tt/2XAKgs4

California Agency Backs Green-Energy Pilot Using RSK’s Bitcoin Smart Contracts

The California Energy Commission is funding an experimental market for carbon-credit trading on the RSK blockchain, which runs on top of Bitcoin.

from CoinDesk https://ift.tt/3if0jnd

Fixing This Bitcoin-Killing Bug Will (Eventually) Require a Hard Fork

The bug sheds light on the challenges of Bitcoin's decentralization. At least we've got 86 years for the community to join together and implement a fix.

from CoinDesk https://ift.tt/3fDW7vB

Free Speech vs. Cancel Culture: Reasons for Optimism

From social media to controversial statues, the free speech debate is more alive than ever. New tech can help safeguard history while letting us live our values.

from CoinDesk https://ift.tt/2CcjlLG

CoinDCX Becomes First India Exchange to Offer Users Crypto Staking

Mumbai-based cryptocurrency exchange CoinDCX launched its new product on Friday, allowing users to stake cryptocurrencies from Harmony, Qtum and Tron.

from CoinDesk https://ift.tt/3gBwWLv

First Mover: Kyber CEO Predicts 2020 Transactions at $3B as DeFi Token Soars

Kyber Network's KNC token has brought traders eightfold returns this year, dwarfing those for bitcoin and ether. CoinDesk spoke with Kyber CEO Loi Luu about the project and the token's performance.

from CoinDesk https://ift.tt/2XFcIJj

Financial Service Provider to Coinbase Teams With Circle to Offer Stablecoin Payments in EU

BCB Group will integrate with Circle's platform in a bid to make the USDC stablecoin more widely available.

from CoinDesk https://ift.tt/3a3x2Jf

Binance Says New York Banks Can Now Use Its Stablecoin After Watchdog Approval

NYDFS has added Binance USD to its approved list, cutting away most of the red tape around custody and listing of the stablecoin.

from CoinDesk https://ift.tt/3a4d8O6

Japan’s New FSA Chief Stands Firm on Crypto Regulation, Calls for Push on Digital Yen

The incoming commissioner of the Financial Services Agency has said the regulator will not soften rules on cryptos.

from CoinDesk https://ift.tt/3gGxHmo

Market Wrap: Bitcoin Breaks $11,800; Ether Options Market Explodes

Bitcoin's price is clawing its way back after weekend losses while the ether options market suggests a bumpy road ahead.

from CoinDesk https://ift.tt/30E10k9

The History, Present and Future of Central Banks, Feat. George Selgin

The Director of the Cato Institute's Center for Monetary and Financial Alternatives gives an eye-opening, 200-year history of today’s most powerful economic institution.

from CoinDesk https://ift.tt/3kdrlNs

Polkadot Releases Rococo, Its Test Environment for Interoperable ‘Parachains’

Polkadot has released its first testnet, Rococo, for its parachain network. The testnet will commence with three parachains, Parity Technologies said.

from CoinDesk https://ift.tt/3kmMg0u

Federal Reserve Is Rushing to Get Its Instant Payments Offering Ready

COVID-19 proved the need for FedNow, even though the U.S. central bank admits the service is still years away.

from CoinDesk https://ift.tt/30zRjmy

German Regulator Seizes Crypto ATMs

Germany's financial regulator BaFin is seizing bitcoin ATMs run by "Shitcoins Club" months after ordering its operator to cease trading crypto.

from CoinDesk https://ift.tt/3fA4l83

Blockchain Bites: Bulls Reborn, Backrunning Bots, Bitmain Blowout

Ethereum Classic was hit with another 51% attack and Instagram is seeing a proliferation of crypto scams.

from CoinDesk https://ift.tt/39ZVkDQ

Bitcoin News Roundup for Aug. 6, 2020

With bitcoin prices surging and a quick look at crypto lawsuits, CoinDesk's Markets Daily is back for your latest crypto news roundup!

from CoinDesk https://ift.tt/2XxxbzK

Goldman Sachs Eyes Own Token as Bank Appoints New Head of Digital Assets

The new digital asset head at Goldman Sachs said the bank is considering launching its own possibly fiat-backed cryptocurrency.

from CoinDesk https://ift.tt/3kiw7cD

Bitcoin’s Patronage System Is an Unheralded Strength

Bitcoin development is better funded than ever, cementing a patronage model that protects against insider maneuvering.

from CoinDesk https://ift.tt/3fwjzL3

German Police Seize $29M in Bitcoin From Content Pirate

Prosecutors allege the programmer behind movie2k.to helped distribute 880,000 pirated films over a five-year period that ended in 2015.

from CoinDesk https://ift.tt/2DBiVyG

TikTok and the Great Firewall of America

U.S. politicians say TikTok is a threat to Americans' privacy. But can we trust Silicon Valley giants to behave any better?

from CoinDesk https://ift.tt/31EMnwf

Russia’s Sberbank Launches Blockchain on Hyperledger, Mulls Stablecoin in 2021

Russia's largest retail bank is launching a Hyperledger-powered blockchain for trade finance initially, and may add a ruble-linked stablecoin next year

from CoinDesk https://ift.tt/2C7RbBs

IDEX Raises $2.5M to Rebuild Hybrid Exchange for Algorithmic Traders

The seed investment will be used to re-launch the Ethereum-based exchange so algorithmic traders can better use the platform.

from CoinDesk https://ift.tt/39Yw8xG

NBA’s Spencer Dinwiddie, Andre Iguodala and More Join Dapper Labs $12M Funding Round

Dapper Labs raised $12 million in its newest funding round led by NBA stars Spencer Dinwiddie, Andre Iguodala, JaVale McGee, Aaron Gordon and Garrett Temple.

from CoinDesk https://ift.tt/39ZGiOF

Bitcoin Entering ‘New Adoption Cycle,’ Coin Metrics Exec Says

User adoption looks to be gathering pace as bitcoin's price rises amid a coronavirus-induced rush for assets with safe-haven appeal.

from CoinDesk https://ift.tt/3ki74GD

OKCoin Exchange Awards Grant to One of Bitcoin Core’s Most Active Developers

The grant from OKCoin will allow Bitcoin developer Marco Falke to continue the maintenance work he's done since 2016, like reviewing proposed code changes.

from CoinDesk https://ift.tt/3a83slR

First Mover: Bitcoin Rises More in One Day Than Stocks Have Gained All Year

Bitcoin prices surged 5% Wednesday, outpacing stocks and gold amid calls for more government stimulus to stem the fallout from the coronavirus pandemic.

from CoinDesk https://ift.tt/2DgSVcf

Judge Worries Plaintiffs’ Lawyers Trying to Line Their Pockets in Block.one ICO Lawsuit

The district judge criticized a class-action lawsuit brought against Block.one for appearing to be an attempt to earn high legal fees.

from CoinDesk https://ift.tt/3a3mxW8

Investors Suing Over Status ICO Can’t Find Execs to Serve Papers

Investors suing crypto firm Status are seeking “alternative means” to serve top executives after they were unable to deliver court papers via traditional means.

from CoinDesk https://ift.tt/31oEue3

‘Crypto Instagram’ Is Becoming a Thing, Scams and All

Scams are running rampant on Instagram in 2020 – even as legitimate crypto entrepreneurs are increasingly using the platform for business.

from CoinDesk https://ift.tt/31necsF

Bitmain Delays Bitcoin Miner Shipments by Three Months as Co-Founders Battle On

The escalating internal power struggle at Bitmain is starting to have a more serious impact on its business and customers.

from CoinDesk https://ift.tt/3gLrUfz

Ethereum Classic Suffers Second 51% Attack In a Week

Ethereum Classic has suffered a 4,000-block long reorganization, its second such incident in five days. The first attack, which saw more than 3,000 blocks reorged, saw an attacker steal more than 800,000 ETC, worth about $5.6 million.

from CoinDesk https://ift.tt/2DIKJB5

Man Accused of Arranging Murder to Avoid Crypto Debt Can’t Escape Jail, Brazilian Court Rules

Crypto businessman Danilo Afonso Pechin remains jailed after Brazil's High Court refused to hear his request for habeas corpus.

from CoinDesk https://ift.tt/39XnsYe

China’s Open Source Development Has Lessons for the US

While the U.S. complains about TikTok and Chinese IP theft, China is forging a new form of development based on open source networks.

from CoinDesk https://ift.tt/3kjbSeG

Market Wrap: Bitcoin Trudges Past $11.7K as DeFi Lending Rates Gyrate

Bitcoin’s price is trending up. Meanwhile, interest rates for lending crypto in DeFi are still unpredictable.

from CoinDesk https://ift.tt/39XHvG9

DeFi Traders Are Gaming Ethereum for Higher Profits, Researchers Say

DeFi trading bots create "walls of executions," resulting in higher rewards for Ethereum miners, higher profits for traders and higher fees for everyone.

from CoinDesk https://ift.tt/3gxGYx8

Two Reasons Crypto’s Bull Market Is Coming

Capital from dying token projects and an inflationary environment provide conditions for crypto's march towards a $1 trillion market cap.

from CoinDesk https://ift.tt/39YcMbX

Hedgeye CEO Keith McCullough on Stagflation, Bitcoin and the Devalued Dollar

One of the realest people in financial media joins for a conversation about where the economy really is and where it’s headed.

from CoinDesk https://ift.tt/3gwP7lb

Nasdaq-Listed MicroStrategy, Wary of Looming Dollar Inflation, Turns to Bitcoin and Gold

“If you have large dollar values and you're hoping for any kind of return on them, that's faded,” said CEO Michael Saylor. “Gold, silver and bitcoin are showing strength.”

from CoinDesk https://ift.tt/31kcDeY

ETH Lite: Reflexer Labs Raises $1.7M to Build a Somewhat-Stable Coin for DeFi

Reflexer Labs, a new decentralized finance project aimed at softening volatility, has closed a $1.68 million seed round led by Paradigm.

from CoinDesk https://ift.tt/2C0H7dk

17-Year-Old Pleads Not Guilty to Twitter Hack as Defense Tries to Lower Bail From $725K

The 17-year-old charged with being the mastermind behind July's Twitter hack has pleaded not guilty; the defense says bail posted is "grossly inappropriate" to the amount of money stolen.

from CoinDesk https://ift.tt/33qUy1D

Blockchain Bites: Square’s Revenue Surge, Eth 2’s Final Testnet, c-Lightning’s Latest Update

Square’s Bitcoin revenues increased 600% year-over-year and a blockchain-based voting system in Russia may have been hacked.

from CoinDesk https://ift.tt/3fwxK2X

Republic Cuts Through SEC Red Tape to Raise $16M via Security Token Sale

Under a pair of SEC regulations, crowd-equity platform Republic has raised $16 million through the sale of its Republic Note security token.

from CoinDesk https://ift.tt/3ifx5EN

Bitcoin News Roundup for Aug. 5, 2020

With BTC pushing towards $12,000 and gold at record highs, CoinDesk's Markets Daily is back for your crypto news roundup!

from CoinDesk https://ift.tt/3fwtvnN

Why Ukraine Is Ripe for Cryptocurrency Adoption

A relatively unstable state – with a technically sophisticated population – creates a fertile ground for crypto adoption.

from CoinDesk https://ift.tt/3ifmBoV

Ex-Wife’s Testimony Suggests Craig Wright ‘Defrauded’ Court, Kleiman Lawyers Claim

The legal team for the estate of David Kleiman said Ms. Wright's submission cast doubt on the nature of the Tulip Trust at the heart of the lawsuit.

from CoinDesk https://ift.tt/31fbqp6

Bitcoin Price Rises 3% as Gold Trades Above $2K for First Time

Bitcoin is again acting like a macro asset, drawing bids amid record rally in gold and broad-based U.S. dollar sell-off.

from CoinDesk https://ift.tt/3i75kOD

First Mover: Ethereum’s Transition to Staking Could Push More Traders to Use Derivatives

As Ethereum starts its multiyear transition to a "staking" network, analysts say a reduction in token liquidity may push traders to derivatives markets. 

from CoinDesk https://ift.tt/3i9F6Lf

BnkToTheFuture Steps Away From Banks Citing Mounting Risk to Clients’ Assets

The online investment platform is moving clients' crypto and fiat assets to a Hong Kong-based trust company.

from CoinDesk https://ift.tt/31jqDpf

Square Reports 600% Increase in Quarterly Bitcoin Revenue

Jack Dorsey's Square has seen one of the largest quarterly increases yet for its bitcoin business.

from CoinDesk https://ift.tt/2XtS5PU

Dark-Web Vendor and Pharmacist Charged With Trafficking Drugs Worth $270M in Bitcoin

The two men allegedly shipped opioids into the U.S. and sold them on the dark web for millions in bitcoin.

from CoinDesk https://ift.tt/3ib31Ks

Social Engineering: A Plague on Crypto and Twitter, Unlikely to Stop

The SIM swapping community entered the spotlight after helping the Twitter hacker breach the social media platform, but these threat actors have been going after the crypto community for years.

from CoinDesk https://ift.tt/2XtcaWN

Square Crypto, Human Rights Foundation Ramp Up Bitcoin Development Grants

Square Crypto and the Human Rights Foundation are continuing their support for an open source Bitcoin developer community with new contributor grants.

from CoinDesk https://ift.tt/2XuelJy

Missouri Man Pleads Guilty to Trying to Buy Chemical Weapons With Bitcoin

The chemicals, though never delivered, would have been potent enough to kill 300 people, prosecutors say.

from CoinDesk https://ift.tt/31o6D4O

Market Wrap: Bitcoin Flat at $11.2K; DeFi Has Highest Volume Month Ever

A weak bitcoin market is not stopping Ethereum-powered DeFi growth.

from CoinDesk https://ift.tt/3ke2Srd

Can Social Media Be Redeemed? Feat. Bobby Goodlatte

An early Facebook product designer-turned angel investor discusses how social media has changed and whether it can be changed again for the better.

from CoinDesk https://ift.tt/31e6wc6

‘Rat Poison Squared on Steroids’: What’s New in Bitcoin’s Latest Lightning Release

With a sly poke at Warren Buffet's comment that Bitcoin is "rat poison squared," c-lightning developers' latest release adds some key new Lightning features.

from CoinDesk https://ift.tt/2Pq2NCQ

US Lawmakers Don’t Want Proof-of-Stake Networks to Get Overtaxed

Four U.S. congressmen have asked the IRS to clarify how block rewards from proof-of-state networks are taxed, to prevent taxpayers from owing more than they should.

from CoinDesk https://ift.tt/3ijWtJF

SEC Seeking ‘Smart Contract’ Tracing Tool That Can Spot Security Vulnerabilities

The federal securities watchdog has taken an interest in DeFi's most basic building block.

from CoinDesk https://ift.tt/2BXWe7r

Decentralized Exchange dYdX Debuts Ether Perpetual Swaps

Perpetual swaps that track the price of ether (are coming to dYdX, the company announced Tuesday.

from CoinDesk https://ift.tt/2DiwNOw

There’s Now an Accelerator Exclusively for DeFi Startups

The Chicago DeFi Alliance (CDA) just launched one of the first accelerator programs devoted entirely to DeFi crypto startups.

from CoinDesk https://ift.tt/2Xpze8Y

Blockchain Bites: XRP Sales, INX IPO and Bitcoin Mining Woes

China's bitcoin miners are in a rut during a period of intense flooding, Ripple shows signs of sales growth and INX scaled down its IPO vision.

from CoinDesk https://ift.tt/3i7P3ZL

Bitcoin News Roundup for August 4, 2020

With investment opportunities in traditional markets drying up, bitcoin futures are drawing record interest. CoinDesk's Markets Daily is back for your bitcoin news roundup!

from CoinDesk https://ift.tt/2EMXkDX

Russian Voters’ Data on Sale After Blockchain Poll to Keep Putin in Power: Report

Russians voted electronically, using blockchain tech, to keep Putin in power. Now, hackers may be selling the personal data of over a million of those voters.

from CoinDesk https://ift.tt/2EJmvqY

Ethereum 2.0 Testnet Medalla Goes Live With 20,000 Validators

Medalla, the final testnet before the anticipated launch of Ethereum 2.0 later this year, is now live, the Ethereum Foundation announced Tuesday.

from CoinDesk https://ift.tt/3ftiTG8

Genesis’ Crypto Lending Rebounds in 2Q; Firm Acknowledges Unsecured Loans

Genesis’ crypto lending arm came back strong in 2Q after a rocky 1Q. Separately, executives acknowledged the firm makes some uncollateralized loans.

from CoinDesk https://ift.tt/3gs1nDR

What People Who Aren’t Bullish on Bitcoin Still Like About It

Working with open-source software changes the development process, according to this researcher who interviewed hundreds of technologists across projects.

from CoinDesk https://ift.tt/3i7cwtW

First Mover: As Fed Nears Inflation Rubicon, Analysts See $50K Bitcoin in Play

The Federal Reserve appears ready to pursue yet another untested strategy that could ultimately boost inflation – and possibly prices for bitcoin.

from CoinDesk https://ift.tt/31aPkUI

INX Scales Down US IPO Target to $127M – Still Set to Be Crypto’s Largest

The cryptocurrency and security token exchange has filed an updated IPO prospectus with the SEC, lowering the maximum expected raise and proposing a new launch date.

from CoinDesk https://ift.tt/33omAuD

Bitcoin Futures Interest Soars as Bond Yields Fall to Record Lows: Industry Exec

Surging open interest in crypto derivatives suggests investors are seeking alpha in other investments, like bitcoin, said the co-founder of an index fund provider.

from CoinDesk https://ift.tt/3gnyOHs

Bison Trails Hires Ex-Goldman Sachs VP as Legal Head

Blockchain infrastructure provider Bison Trails has hired BlockTower Capital’s former compliance director to be its first general counsel.

from CoinDesk https://ift.tt/2EPoNoE

Chinese Ex-Banker Says Digital Currency Should Replace Fiat Money

A former vice president of the Bank of China has argued that digital currency should replace fiat in the nation's financial systems.

from CoinDesk https://ift.tt/3fsgkV9

DeFi-Focused Derivatives Platform Hedget Raises $500K in Seed Funding

The round was led by FBG Capital and NGC Ventures, both Asia-based venture firms.

from CoinDesk https://ift.tt/2BWvvbn

French Judge Orders Trial of Alleged BTC-e Operator Alexander Vinnik

Vinnik will reportedly face charges including defrauding more than 100 people in six French cities from 2016 to 2018.

from CoinDesk https://ift.tt/2EGlkbM

The 2020 Rainy Season Is Tougher Than Ever for China’s Bitcoin Miners

Chinese bitcoin miners are usually happy this time of year because the monsoon season brings excessive rain and thus cheap hydro electricity. But this year has proved to be tougher than ever.

from CoinDesk https://ift.tt/2BW8zsN

NetWalker Ransomware Gang Is Storing $7M in Bitcoin in SegWit Cold Storage

The organization that’s encrypting computers and extorting companies has taken to SegWit addresses, according to McAfee and CipherTrace

from CoinDesk https://ift.tt/30pMU5v

Zephyr Teachout: Take Back the Economy From Economists

Law professor Zephyr Teachout discusses the recent antitrust hearings, how power impacts privacy and the "parallel governments" that Big Tech has created.

from CoinDesk https://ift.tt/2PyhyUl

Blockchain Bites: Hedge Fund Down, Banana Bets and the Twitter Hack Fallout

Another crypto hedge fund has called it quits, the teenage Twitter hacker reportedly had millions in bitcoin and Huobi sees DeFi as its next venture.

from CoinDesk https://ift.tt/2D84Itn

Market Wrap: Bitcoin Rebounds to $11,400 After Flash Crash as Ether Closes in on $400

Bitcoin is gaining back what it lost and ether’s upward run seems undeterred as the crypto market recovers from a flash crash on Sunday.

from CoinDesk https://ift.tt/2XnDNAx

Ripple Snaps XRP Sales Slump With $33M of the Crypto Sold in Q2

XRP sales had slumped ever since Ripple paused programmatic sales during Q3 2019.

from CoinDesk https://ift.tt/31cklrG

Rage Against the Economic Machine: The Best of the Breakdown July 2020

A recap show on wealth inequality, stock markets and taking it back featuring Jill Carlson, Michael Krieger, Daniel Lacalle, George Gammon and more.

from CoinDesk https://ift.tt/3fpxbI3

Bitcoin Core 0.20.1

Bitcoin Core installation binaries can be downloaded from bitcoincore.org and the source-code is available from the Bitcoin Core source repository.

0.20.1 Release Notes

Bitcoin Core version 0.20.1 is now available from:

https://bitcoincore.org/bin/bitcoin-core-0.20.1/

This minor release includes various bug fixes and performance improvements, as well as updated translations.

Please report bugs using the issue tracker at GitHub:

https://github.com/bitcoin/bitcoin/issues

To receive security and update notifications, please subscribe to:

https://bitcoincore.org/en/list/announcements/join/

How to Upgrade

If you are running an older version, shut it down. Wait until it has completely shut down (which might take a few minutes in some cases), then run the installer (on Windows) or just copy over /Applications/Bitcoin-Qt (on Mac) or bitcoind/bitcoin-qt (on Linux).

Upgrading directly from a version of Bitcoin Core that has reached its EOL is possible, but it might take some time if the data directory needs to be migrated. Old wallet versions of Bitcoin Core are generally supported.

Compatibility

Bitcoin Core is supported and extensively tested on operating systems using the Linux kernel, macOS 10.12+, and Windows 7 and newer. Bitcoin Core should also work on most other Unix-like systems but is not as frequently tested on them. It is not recommended to use Bitcoin Core on unsupported systems.

From Bitcoin Core 0.20.0 onwards, macOS versions earlier than 10.12 are no longer supported. Additionally, Bitcoin Core does not yet change appearance when macOS “dark mode” is activated.

Known Bugs

The process for generating the source code release (“tarball”) has changed in an effort to make it more complete, however, there are a few regressions in this release:

• The generated configure script is currently missing, and you will need to install autotools and run ./autogen.sh before you can run ./configure. This is the same as when checking out from git.

• Instead of running make simply, you should instead run BITCOIN_GENBUILD_NO_GIT=1 make.

Notable changes

Changes regarding misbehaving peers

Peers that misbehave (e.g. send us invalid blocks) are now referred to as discouraged nodes in log output, as they’re not (and weren’t) strictly banned: incoming connections are still allowed from them, but they’re preferred for eviction.

Furthermore, a few additional changes are introduced to how discouraged addresses are treated:

• Discouraging an address does not time out automatically after 24 hours (or the -bantime setting). Depending on traffic from other peers, discouragement may time out at an indeterminate time.

• Discouragement is not persisted over restarts.

• There is no method to list discouraged addresses. They are not returned by the listbanned RPC. That RPC also no longer reports the ban_reason field, as "manually added" is the only remaining option.

• Discouragement cannot be removed with the setban remove RPC command. If you need to remove a discouragement, you can remove all discouragements by stop-starting your node.

Notification changes

-walletnotify notifications are now sent for wallet transactions that are removed from the mempool because they conflict with a new block. These notifications were sent previously before the v0.19 release, but had been broken since that release (bug #18325).

PSBT changes

PSBTs will contain both the non-witness utxo and the witness utxo for segwit inputs in order to restore compatibility with wallet software that are now requiring the full previous transaction for segwit inputs. The witness utxo is still provided to maintain compatibility with software which relied on its existence to determine whether an input was segwit.

0.20.1 change log

Mining

• #19019 Fix GBT: Restore “!segwit” and “csv” to “rules” key (luke-jr)

P2P protocol and network code

• #19219 Replace automatic bans with discouragement filter (sipa)

Wallet

• #19300 Handle concurrent wallet loading (promag)
• #18982 Minimal fix to restore conflicted transaction notifications (ryanofsky)

RPC and other APIs

• #19524 Increment input value sum only once per UTXO in decodepsbt (fanquake)
• #19517 psbt: Increment input value sum only once per UTXO in decodepsbt (achow101)
• #19215 psbt: Include and allow both non_witness_utxo and witness_utxo for segwit inputs (achow101)

GUI

• #19097 Add missing QPainterPath include (achow101)
• #19059 update Qt base translations for macOS release (fanquake)

Build system

• #19152 improve build OS configure output (skmcontrib)
• #19536 qt, build: Fix QFileDialog for static builds (hebasto)

Tests and QA

• #19444 Remove cached directories and associated script blocks from appveyor config (sipsorcery)
• #18640 appveyor: Remove clcache (MarcoFalke)

Miscellaneous

• #19194 util: Don’t reference errno when pthread fails (miztake)
• #18700 Fix locking on WSL using flock instead of fcntl (meshcollider)

Credits

Thanks to everyone who directly contributed to this release:

• Aaron Clauson
• Andrew Chow
• fanquake
• Hennadii Stepanov
• João Barbosa
• Luke Dashjr
• MarcoFalke
• MIZUTA Takeshi
• Pieter Wuille
• Russell Yanofsky
• sachinkm77
• Samuel Dobson
• Wladimir J. van der Laan

As well as to everyone that helped with translations on Transifex.

from Bitcoin Core https://ift.tt/30mybbz

Travala.com Adds Agoda Hotels, Posts Record July Revenue as Crypto Payments Soar

The Binance-backed travel agency brought in $400,000 in July, a 100% increase from the month before.

from CoinDesk https://ift.tt/3i3RGvI

Bitcoin Core 0.20.1 Released

Bitcoin Core version 0.20.1 is now available for download. For a complete list of changes in this new major version release, please see the release notes.

If have any questions, please stop by the #bitcoin IRC chatroom (IRC, web) and we’ll do our best to help you.

from Bitcoin Core https://ift.tt/2DySZUw

Matic Pledges $5M in Tokens to Entice DeFi Projects Into Building on Its Network

Matic wants its incubator fund to incentivize promising DeFi projects to build on its scalable sidechain, rather than directly onto Ethereum itself.

from CoinDesk https://ift.tt/30mAMlK

Bitcoin News Roundup for August 3, 2020

After a flash-crashy weekend, CoinDesk's Markets Daily is back with your quick daily update.

from CoinDesk https://ift.tt/2DecuBO

Electric Capital’s New $110M VC Fund Is 90% Institutions

Crypto VC firm Electric Capital has closed its second fund at $110 million. Of the money raised, 90% of it is institutional capital.

from CoinDesk https://ift.tt/3k7tD0E

Travel Management Firm CWT Pays Out $4.5M in Bitcoin After Ransomware Attack

The U.S. firm paid out a ransom of 414 bitcoin after its corporate files were locked up in a ransomware attack.

from CoinDesk https://ift.tt/2XmC9yS

First Mover: July Was a Runaway Month for Crypto Returns

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, for the stablecoins).

from CoinDesk https://ift.tt/2EDezYe

Bitcoin Investors Unshaken By Sunday’s Flash Crash, Data Suggests

Bitcoin investors look to have shrugged off Sunday’s sudden $1,400 price crash.

from CoinDesk https://ift.tt/3i5q61c

Crypto Firm Hacked for $1.4M Admits It Will Struggle to Reimburse Users

Madrid-based payment app and card issuer 2gether said it can only reimburse investors with its native tokens following Friday’s hack.

from CoinDesk https://ift.tt/2XmYMU4

Charlie Lee, Adam Back Lead $3.1M Private Raise for Blockchain Game ‘Infinite Fleet’

A game developed by Samson Mow's Pixelmatic has completed a $3.1 million private SAFT sale of tokens.

from CoinDesk https://ift.tt/2Xm1hWM

Crypto Hedge Fund Neural Capital Closes After Losing Half Its Money

Neural Capital, a hedge fund that traded cryptocurrency assets, has quietly shuttered.

from CoinDesk https://ift.tt/3gpg9es

Twitter Hacker Owns $3.4M in Bitcoin, Court Sets Bail at $725K

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.

from CoinDesk https://ift.tt/39XnqQb

Inside a Crypto ‘Ponzi’: How the $6.5M Banana.Fund Fraud Unravelled

U.S. authorities are trying to return $6.5 million in bitcoin and tether to the victims of an alleged Ponzi scheme.

from CoinDesk https://ift.tt/2DvU2Eo

Huobi Hires Former Banking Giant Executive to Lead New DeFi Fund

The crypto exchange group is forming a new fund to invest tens of millions of dollars in the DeFi space.

from CoinDesk https://ift.tt/3k2VMWx

Where FATF Crypto Compliance Gets Interesting: Africa

Crypto businesses seeing strong growth across the 54-country continent are working hard to meet the FATF's anti-money laundering standards.

from CoinDesk https://ift.tt/2PleYAU

Crypto Long & Short: Does Decentralization Create Value or Destroy It?

This week, bitcoin rallied past $11,000 and value in DeFi climbed toward $4 billion. But what's the point of crypto if regular markets are just as volatile?

from CoinDesk https://ift.tt/3i1Ccbr

What Future Are We Building for Bitcoin?

A reading of Meltem Demirors new essay “Unintended Architecture” asks some key questions about intention setting for the future of Bitcoin.

from CoinDesk https://ift.tt/30mpqOA

Flash Crash: Bitcoin Price Slides by $1.4K in Minutes

Bitcoin's sudden price drop triggers long-squeeze across major exchanges.

from CoinDesk https://ift.tt/33iIQ9e

Previewing the Economic Showdowns Coming This Fall

From the size of a second round of stimulus to COVID-19 litigation to reshoring, last week previewed some key economic issues for the months to come.

from CoinDesk https://ift.tt/3gkvZqH

Ethereum Classic Undergoes Likely 51% Attack With 3693-Block Chain Reorganization

Developers advise exchanges to pause ETC deposits and withdrawals.

from CoinDesk https://ift.tt/3gjoxfz

Bitcoin Miners Saw 7% Revenue Increase in July

Bitcoin miners earned $300 in revenue during July.

from CoinDesk https://ift.tt/3fj4oF8

Nearly $100 Million in Bitcoin Moved to Ethereum in July, Led by Retail Traders

Over 76% of tokenized bitcoin have been minted by Wrapped Bitcoin.

from CoinDesk https://ift.tt/2PdCRKm

Why This Sex Industry Executive Loves Bitcoin

“We accept 20 different cryptocurrencies for token purchases. The most popular ones are bitcoin, ethereum and litecoin,” Lara said.

from CoinDesk https://ift.tt/3k0pE5P

Decentralized Exchange Volumes Rose 174% in July, Topping $4.3B and Setting Second Straight Record

Uniswap reported 41% of July’s decentralized exchange volume.

from CoinDesk https://ift.tt/39Y1aWB

Five Years In, DeFi Now Defines Ethereum

Ethereum has always struggled with explaining itself to the world. With DeFi, it's found not only a new avenue of development but of self-definition.

from CoinDesk https://ift.tt/3jXGX7I