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.
Category Archives: coindesk
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.
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.
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.
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.
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 dangerous without modern controls.
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."
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.
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.
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!
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.
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.
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.
CME Rises in Bitcoin Futures Rankings as Institutional Interest Grows
Institutional exchange CME has become the third-largest bitcoin futures exchange by number of open contracts.
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.
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.
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.
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.
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.
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.
Boontech, Founder Pavithran Settle SEC Charges Over Fraudulent ICO and Registration Violations
Marketed as a “decentralised job marketplace,” Boontech and its founder Rajesh Pavithran have settled charges of fraud and registration violation brought by the SEC.
Congressman Tom Emmer to Lead First-Ever Crypto Town Hall
Minnesota congressman Tom Emmer will lead the first-ever cryptocurrency town hall celebrating digital asset innovators to be held virtually on Aug. 20.
Doctor Who to Enter the Cryptoverse as BBC Plans Trading Card Game on Ethereum Blockchain
BBC Studios has licenced its iconic show Dr. Who to U.K.-based Reality Gaming Group to build a digital trading card game on the ethereum blockchain.
Epic Games Blasts Apple’s ‘Anti-Competitive’ Payments Practices in Lawsuit
The Fortnite developer says in-app bitcoin and crypto payments could flourish if not for Apple's payments monopoly.
Market Wrap: Stuck at $11.5K, Bitcoin Surpasses 25K Locked in DeFi
A dull bitcoin market contrasts with increasing use of the cryptocurrency in DeFi applications.
cLabs Acquires Summa to Boost Crypto Interoperability on Celo
Token startup cLabs just acquired decentralized finance (DeFi) startup Summa, best known for its interoperability work with Bitcoin and Ethereum.
Writing Bitcoin Smart Contracts Is About to Get Easier With New Coding Language
Bitcoin smart contracts are tricky. Minsc, a new language created by Bitcoin developer Nadav Ivgi, is making them easier to write.
US Postal Service Seeks Patent on Blockchain-Backed Mail-in Voting
Whether the USPS intends to experiment with its mail-in voting system was unclear Thursday.
How DeFi ‘Degens’ Are Gaming Ethereum’s Money Legos
From first heartbeat to last breath, YAM lasted less than 48 hours. But those are the rules of DeFi’s newest toy: “minimally viable monetary experiments.”
The Federal Reserve Is Experimenting With a Digital Dollar
The Federal Reserve is actively investigating the potential impact of a digital dollar, though it has no plans to issue one anytime soon.