JPMorgan Invites Banks and Fintechs to Build on Its Revamped Blockchain Network
Liink wants its 400-plus financial institutions (including 25 of the largest 50 banks) to start building on top of the platform.
Category Archives: coindesk
Cred Says Fraudulent Activity Led to Loss of Funds; Law Enforcement Investigating
Decentralized lending platform Cred says it's cooperating with law enforcement over a "loss of funds."
Coinbase Goes Down as Bitcoin Approaches 2019 Highs
Coinbase has halted trading on its platform as bitcoin crawls to 2019 highs.
‘A Race Toward Zero’: With Hashrate in the Clouds, Bitcoin Mining Is Less Profitable Than Ever
ASIC financing has driven Bitcoin's hashrate to all time highs in 2020. By consequence, Bitcoin is less proftiable to mine than ever.
MicroStrategy’s $425M Bitcoin Bet ‘Elevating Firm’s Profile,’ Say Executives
Bitcoin is boosting MicroStrategy's market visibility, say executives. Revenues rose 6.4% year-over-year and the company notched a net loss of $14.2 million for the quarter.
Market Wrap: Bitcoin Jumps to $13.7K, Nearing 2019’s High; Ether Volatility Reverses Course
Bitcoin’s price is closing in on record 2020 highs as ether’s volatility picks up.
‘Convincing’ Phishing Attack Targets Ledger Hardware Wallet Users
Ledger confirmed that for the last week some customers have been the target of a phishing attack.
BlockFi Takes 5% Stake in Grayscale’s $4.8B Bitcoin Trust
The crypto lender is only the second firm to disclose such a large GBTC stake, after Three Arrows Capital.
An Internet for Humans: Proof-of-Personhood Explained
Identity is one of our most fundamental human rights. In the age of surveillance, commodification and centralization, it is under threat.
JPMorgan Launches JPM Coin: Welcome to the Private Currency Era
The investment banking giant says the blockchain hype cycle has moved past inflated expectations and into the realm of being commercially viable.
First SEC Official to Say Ether Is Not a Security Is Leaving the Agency Later This Year
William Hinman, the director of the SEC’s division of corporation finance, is planning to leave the agency later this year.
This Paradigm-Backed Startup Is Offering DeFi’s First ‘T-Bill’
Newly launched DeFi lending project Yield Protocol is offering stable interest rates for investors.
Blockchain Bites: JPM Coin Goes Live, Bitcoin Rallies, Stocks Falter
PLUS: Southeast Asia's largest bank by assets, DBS, is eyeing a digital assets exchange.
How a Decentralized Internet Can Power Latin America’s Economy
Bitcoin, fintech and DeFi can help Latin America become an interconnected and inclusive regional economy.
India Will Soon Have Crypto ‘Banking’ at 22 Physical Locations
Cashaa is teaming with a credit cooperative society to provide cryptocurrency financial services at 22 branches in the north of India.
China’s Coronavirus Outbreak Prompts Blockchain Adoption for Charity
China’s banking and digital payment giants are using blockchain technology to add transparency to charity organizations' donation distribution networks.
4 Bitcoin Lightning Network Vulnerabilities That Haven’t Been Exploited (Yet)
Bitcoin’s Lightning Network has a few of vulnerabilities that have been discovered in its two-year lifespan, but none have been exploited.
Publicly Traded INX Crypto Exchange Acquires Broker-Dealer Openfinance
INX Limited, a cryptocurrency exchange that went public on Ethereum last month, will purchase U.S. broker-dealer Openfinance Securities.
First Mover: Bitcoin Surges to New 2020 High as Harvest Debacle Provides Costly DeFi Lesson
This week's $24M exploit of DeFi platform Harvest shows risks as real as rewards in open-beta crypto markets, where investor protection is minimal.
More Than Half of US Investors Interested in Bitcoin, Grayscale Survey Finds
A survey from Grayscale Investments suggests interest in bitcoin is on the rise, with the coronavirus being a driver of new investors.
JPMorgan’s ‘JPM Coin’ Is Live, Execs Say
A major tech firm is about to start using JPM Coin in global payments, as the investment bank doubles down on its blockchain business.
Bitcoin Hits 16-Month High Despite Sell-Off in Global Stocks
Bitcoin's (BTC) price has climbed to 15-month highs even as coronavirus-induced instability rocks the stock markets.
DBS Bank Looks to Be Launching a Digital Asset Exchange
DBS is planning to launch an exchange for trading bitcoin and other cryptocurrencies, according to a cached website page.
Kraken CEO Jesse Powell Issues Tough Critique of ‘Reckless’ DeFi Launches
"Stop f**king up your bulls**t DeFi scams and expecting exchanges to bail you out," Powell said.
Crypto Exchange Huobi Adds Direct Visa, Mastercard Payments
The exchange is making it simpler to pay for cryptocurrency with Visa and Mastercard with a direct service through a regulated subsidiary.
Ocean V3 Brings Wave of Data Monetization Tools to Ethereum
A third version of Ocean Protocol has been released, fleshing out its vision for “datatokens” and decentralized data marketplaces.
Why Wyoming’s Governor Supports the State’s Crypto Banking Law
Keeping Wyoming's lead in crypto banking is a priority of the state's top elected official, Gov. Mark Gordon.
Market Wrap: Bitcoin Falls to $12.7K as Global Equities Falter; Ethereum Fees Continue to Drop
Bitcoin’s price took a dive along with most other assets as Ethereum fees continue to dip.
Hedge Funds Failures, Bankruptcies and Pandemic Fatigue
As cases rise and the U.S. settles in for a fresh wave of COVID-19, the economic fallout from round one is still being felt, from hedge funds to bankruptcies and beyond.
From DeFi to DeOps: How Public Blockchains Could Replace ERP Systems
As DeFi does away with middlemen in finance, "DeOps" could reduce the need for intermediaries in large-scale supply systems.