This episode is sponsored by NYDIG. Download this episode Despite (or perhaps because of) being one of the world’s great traditional financial hubs, New York has a contentious relationship with crypto. Between the BitLicense and a very active state attorney general, New York and crypto aren’t always simpatico. That’s why it has been exciting for … Read more
Coinbase, the biggest cryptocurrency exchange in the U.S., is in the process of testing out a new subscription service, the company today confirmed to Decrypt. News of the service leaked earlier today, as some Coinbase users prematurely received access to the beta version of the service last night—which will be called Coinbase One. Users posted … Read more
The mining firm said it expects its fleet of 133,000 miners to produce a hash rate of roughly 13.3 EH/s by 2023.
The proposal, called the ACCEPT Resolution, would apply to gift shops, vending machines and restaurants.
The Securities and Futures Commission of Hong Kong has received many requests to approve crypto ETFs for trading.
The near triple-digit gains seen in TRAC, XYO and MKR have traders hopeful that an altcoin season is underway.
The mainstream media has caught on to the latest huge crypto trend, which isn’t a new non-fungible token (NFT) line or a fresh dog token, but small desk tchotchkes made of one of the densest elements humans can safely touch – tungsten. Spearheaded by Neeraj Agrawal at CoinCenter and investor Nic Carter, the Cube Movement … Read more
Cryptocurrency exchange Coinbase is now allowing customers to borrow as much as 40% of their bitcoin value up to $1 million with no credit checks, the company tweeted on Tuesday. The borrowing minimum and maximum amounts may vary by state, Coinbase added.The loans will be issued with an annual percentage rate of 8%, and borrowers … Read more
Singapore-based cryptocurrency trading platform AscendEX has raised $50 million in a Series B funding round led by Polychain Capital and Hack VC with participation from Alameda Research and other investors, the company said in a statement. Jump Capital, Uncorrelated Ventures, Eterna Capital, Acheron Trading, Palm Drive Capital and Nothing Research also participated in the round.AscendEX, … Read more
In 2020, New Zealand-based Phat Loot Studios set up shop with a mission to expand the nation’s game development industry. In its inaugural game Untamed Isles, a fresh take on classic massively multiplayer roleplaying games (MMORPGs), players explore an expansive world that changes with every login, on a quest to encounter, tame, breed, train, and … Read more
In a protocol upgrade Wednesday morning, tokenized money transfer protocol Stellar has launched an automated market maker (AMM) that will operate alongside its order book-based router and matching engine. The voted-in proposal could bring greater efficiency and utility by deploying a longtime staple of the decentralized finance (DeFi) world. Stellar is a blockchain protocol designed … Read more
We’ve already seen what happens when meme stock momentum propels GameStop’s share price, given the early-year short squeeze phenomenon. Now, we’re seeing how a potential association with GameStop can send an Ethereum token’s price soaring, as well. Recently, GameStop stock enthusiasts have uncovered purported details suggesting that the retailer will tap Loopring’s Ethereum scaling technology … Read more
The XRP network still appears to be innovating despite its regulatory woes.
Justin Sun’s Tron Foundation has joined with APENFT, a non-fungible token (NFT) marketplace, to launch a $100 million fund to support NFT projects and digital artists. The Art Dream fund aims to collect “meaningful stories and catalyze financial and cultural inclusion in the metaverse,” said APENFT, which operates on the Tron blockchain founded by Sun.The … Read more
Crypto has grown to become a $2.7 trillion asset class, with Bitcoin, Ether and DeFi attracting more institutional interest.
In Moscow’s city center, Russia’s tallest skyscraper—known as Vostok—is facilitating business for hackers, cybercriminals, and money launderers. According to Bloomberg, experts have successfully linked at least four companies that are either based or operating in Vostok to launder money associated with ransomware activity. These four companies are Suex OTC, EggChange, Buy-bitcoin.pro. Suex OTC, per cited … Read more
Crypto exchange Kraken has failed to fulfill a promise it made on Twitter to list popular meme token shiba inu (SHIB) once the idea had received enough “likes,” upsetting its large community of supporters. The San Francisco-based crypto exchange tweeted on Monday that Brian Hoffman, its crypto platform product lead, said Kraken would list shiba … Read more
This episode is sponsored by Kava, Nexo.io and Market Intel by Chainalysis. Today’s Stories: Ether Hits Fresh Record High, Sandbox’s SAND Leads Rally in Metaverse Coins Loopring Surges 40%, Solana Replaces Cardano as 5th-Largest Coin as Ethereum Fees Spike European stocks steady as investors anticipate Fed meeting S&P Futures Pause, Meme Stocks Jump Federal Reserve … Read more
The open source Daml smart contract language forms the core of the Daml application stack, a core tech by Digital Asset.
A total of 169 blockchain hacking incidents have taken place in 2021, with nearly $7 billion in funds lost.
The SEC was denied a monopoly over the stablecoin sector, yet the risk of being designated “systemically important” persists.
The Shiba Inu (SHIB) cryptocurrency has shot to prominence over the past month, briefly overtaking rival dog-themed meme coin Dogecoin in market cap. Now, one SHIB holder who’s seen their $8,000 initial investment swell to over $5 billion worth of the cryptocurrency has moved a massive $2.9 billion worth of their holdings between wallets. According … Read more
There are three main types of blockchain technology: public, private and consortium blockchains, each of which has specific pros, cons and ideal uses.
AscendEX, a Singapore-based crypto trading platform, has today announced it raised $50 million in a Series B round. Co-led by Polychain Capital and Hack VC, the fundraise also saw participation from Jump Capital and Alameda Research. Other investors in the round include Uncorrelated Ventures, Eterna Capital, Acheron Trading, Nothing Research, and Palm Drive Capital, with … Read more
Solana price rallied to a new record high while SOL entered the top five cryptocurrencies by market cap for the first time.
Crypto exchange BitMEX now claims it’s officially carbon neutral. The announcement follows a previous commitment to achieve carbon neutrality earlier this year. “Sustainability is the challenge of our time. Bitcoin—and cryptocurrency in general—is the transformative technology of our time. Especially around COP26, it’s only natural that crypto faces tough questions about the environmental impact of … Read more
Altcoins eat Bitcoin’s lunch on Wednesday, but confidence in an imminent Bitcoin rebirth is stronger than ever.
The multi-year partnership aims to increase local crypto adoption in the esports landscape across the globe.
Thomas White has been ordered to hand over $667,000 (£490,000) worth of Bitcoin by the UK’s National Crime Agency (NCA), per Sky News. White, 26, ran the Silk Road darknet market following the arrest of Ross Ulbricht, the original creator of the website, in 2013. After the website was shut down by law enforcement, White … Read more
This article originally appeared in Valid Points, CoinDesk’s weekly newsletter breaking down Ethereum 2.0 and its sweeping impact on crypto markets. Subscribe to Valid Points here. While weeks and months in crypto often feel like years, it has only been 60 days since the hard fork that contained EIP 1559 was implemented on Ethereum’s mainnet. … Read more