Cash In On Cryptos Claim Your Share Of The Crypto Currency Boom

Coronavirus Second Order Effects and Improving on Bitcoin With BitTorrent Creator Bram Cohen

Coronavirus Second Order Effects and Improving on Bitcoin With BitTorrent Creator Bram Cohen

The best Sundays are for long reads and deep conversations. Last week the Let’s Talk Bitcoin! Show spoke with BitTorrent Creator and Chia CEO Bram Cohen to discuss the lasting effects of Coronavirus lockdowns and how he believes he’s improved on Satoshi’s approach to distributed consensus. On this episode BitTorrent creator and Chia CEO Bram Cohen joins […]

MORE ...

P2P Exchange Hodl Hodl Takes First Step in Bringing Private Bitcoin Trades to BlueWallet Users

P2P Exchange Hodl Hodl Takes First Step in Bringing Private Bitcoin Trades to BlueWallet Users

While the cryptocurrency space has moved well beyond its cypherpunk origins, some platforms are still determined to let users keep their transactions to themselves. In the works since late 2019, BlueWallet, a non-custodial mobile crypto wallet for iOS and Android, is integrating with Hodl Hodl, a peer-to-peer exchange, to add private bitcoin trades to the […]

MORE ...

BitMEX Operator Ups Grant for Bitcoin Development to $100K

BitMEX Operator Ups Grant for Bitcoin Development to $100K

The company behind derivatives exchange BitMEX is increasing the grant it pays to one of the developers responsible for keeping the Bitcoin Core protocol up and running. HDR Global Trading said in a post on Tuesday that it had increased the grant it was paying to Michael Ford, also known by his handle “fanquake,” from […]

MORE ...

Singapore Crypto Exchange Eyes US Expansion After Registering With FinCEN

Singapore Crypto Exchange Eyes US Expansion After Registering With FinCEN

A crypto derivatives platform that has primarily focused servicing Asia is looking to set up shop in the U.S. Singapore-based Bitget said Friday it had registered with the U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) as a money services business ahead of plans for a full-scale launch in the country. Established in 2018, Bitget […]

MORE ...

Crypto-Friendly Bank Revolut Launches in the US

Crypto-Friendly Bank Revolut Launches in the US

Mobile bank Revolut has launched in the U.S., with an eye to offering its cryptocurrency services sometime in the near future. The London-based challenger bank announced Tuesday that U.S. customers could now register for an account and sign up for a payment card. Deposits are insured by the Federal Deposit Insurance Corporation (FDIC) up to […]

MORE ...

Payments Unicorn Square Gets Limited Bank Charter for Merchant Lending

Payments Unicorn Square Gets Limited Bank Charter for Merchant Lending

Square is launching a bank in 2021.  On Wednesday, the U.S. Federal Deposit Insurance Corporation Board (FDIC) gave the payments startup conditional approval for a bank charter to launch Square Financial Services, an Industrial Loan Company. Headquartered in Salt Lake City, Utah, the bank also received approval from The Utah Department of Financial institutions for […]

MORE ...

Why Bitcoin’s Safe-Haven Narrative Has Flown Out the Window

Why Bitcoin’s Safe-Haven Narrative Has Flown Out the Window

Noelle Acheson is a veteran of company analysis and CoinDesk’s director of research. The opinions expressed in this article are the author’s own. The following article originally appeared in Institutional Crypto by CoinDesk, a weekly newsletter focused on institutional investment in crypto assets. Sign up for free here. Listen. That whooshing sound you hear is not just […]

MORE ...

$100M+ in Margin Calls: Crypto Lenders Demand Collateral as Market Buckles

$100M+ in Margin Calls: Crypto Lenders Demand Collateral as Market Buckles

The budding market for cryptocurrency-backed loans met its first big stress test this week as bitcoin (BTC) dropped 40 percent and lenders demanded additional collateral from borrowers. In the last day, Genesis Capital called an additional $100 million of collateral from its selective pool of about 40 clients, CEO Michael Moro said Friday afternoon. Rival […]

MORE ...

US Court Fines ICOBox $16M for Securities Violation in SEC Case

US Court Fines ICOBox $16M for Securities Violation in SEC Case

A federal court has ordered ICOBox to pay a $16 million penalty to the Securities and Exchange Commission’s (SEC) for violating U.S. securities law. On March 5, Judge Dale S. Fischer of the District Court for the Central District of California granted the SEC’s motion for default judgment against the ICO-as-a-service platform and founder and […]

MORE ...

UK Finance Watchdog Warns Against ‘Unauthorized’ Crypto Exchange BitMEX

UK Finance Watchdog Warns Against ‘Unauthorized’ Crypto Exchange BitMEX

The U.K.’s Financial Conduct Authority (FCA) has issued a warning regarding cryptocurrency derivatives exchange BitMEX’s offerings of financial services or products. On March 3, the independent financial regulator issued a statement, saying the exchange has been targeting British residents without its consent or approval. “Almost all firms and individuals offering, promoting or selling financial services […]

MORE ...

Why Crypto Should Care About Justin Sun’s Steem Drama

Why Crypto Should Care About Justin Sun’s Steem Drama

Justin Sun has seized control of the Steem blockchain – with the apparent help of several prominent crypto exchanges. On the Steemit Blog (which is newly owned by Sun), a post announced the new regime: “For the next 4-6 weeks, the Steemit team will be using the voting rights to resume the order of the […]

MORE ...

New Twitter Investor May Remove Bitcoin Advocate Jack Dorsey as CEO

New Twitter Investor May Remove Bitcoin Advocate Jack Dorsey as CEO

Elliott Management Corp. – an activist investor owned by billionaire Paul Singer – has plans to shake up the management at Twitter. As reported by Bloomberg on Saturday, Elliott has taken a large stake in the social media messaging platform and, according to “people familiar with the matter,” has plans to remove Jack Dorsey as […]

MORE ...

Bitcoin Sees Corrective Price Bounce After Hitting One-Month Lows

Bitcoin Sees Corrective Price Bounce After Hitting One-Month Lows

Bitcoin has bounced from one-month lows hit early on Thursday and may extend the recovery to $9,000.  The cryptocurrency is currently trading at $8,800, having hit a low of $8,520 at 01:15 UTC this morning – a level last seen on Jan. 26, according to CoinDesk’s Bitcoin Price Index.  Back then, bitcoin was starting a […]

MORE ...

Paystand Raises $20M to Be Blockchain-Based ‘Venmo’ for Commercial Payments

Paystand Raises $20M to Be Blockchain-Based ‘Venmo’ for Commercial Payments

Paystand, a platform using blockchain technology to automate commercial payments, has raised $20 million in Series B funding. Backing the round are a number of VC firms including DNX Ventures, Battery Ventures, Epic Ventures, Commerce Ventures and Wildcat Ventures. Existing investors Leap Global Partners and BlueRun Ventures also took part. Paystand aims to makes complex […]

MORE ...

Bitcoin Startup Casa Names New CEO as Node Service Goes Open-Source

Bitcoin Startup Casa Names New CEO as Node Service Goes Open-Source

Bitcoin startup Casa is charging into 2020 with a new look – by winding down its hardware product and shuffling its front office. CEO Jeremy Welch is stepping down from the role with current head of product Nick Neuman taking the helm. CTO Jameson Lopp will remain in his current position but will join the […]

MORE ...

What Are Lightning Wallets Doing to Help Onboard New Users?

What Are Lightning Wallets Doing to Help Onboard New Users?

The best Sundays are for long reads and deep conversations. Earlier this week, the Let’s Talk Bitcoin! Show gathered to discuss Lightning Network technology and two innovative approaches at the wallet level which simplify the new-user experience at a tangible, but seemingly minimal cost.  Subscribe to the new CoinDesk Podcast Network for fresh, insightful episodes […]

MORE ...

Harmony Kicks Off Migration From Ethereum and Binance Chains to Its Own

Harmony Kicks Off Migration From Ethereum and Binance Chains to Its Own

Holders of the ONE token from the team at Harmony should make plans to swap their ERC-20 (ethereum) or BEP-2 (binance chain) tokens for the coin on Harmony’s blockchain if they want to be able to participate in staking and other network activities.  According to a blog post shared Thursday, Harmon’s token swap is ready […]

MORE ...

Free Download: Best Low-Cost Cryptos For 2020

Free Download: Best Low-Cost Cryptos For 2020

The Best Low-Cost Cryptos For 2020 Most of the gurus agree, the price of Bitcoin is on the move. With the ‘halving‘ coming up later this year, many people expect to see the previous highs smashed as Bitcoins takes off on another massive bull run. The problem for most people is that Bitcoin is already […]

MORE ...

Quick & Easy Guide To Crypto Staking

Quick & Easy Guide To Crypto Staking

What Is CryptoCurrency Staking? All blockchains have one thing in common: transactions need to get validated. For example, Bitcoin and many other cryptos do this through mining, basically confirming transactions and establishing Proof-of-Work. However mining uses a lot of computing power… and electricity…so the returns are constantly diminishing, and there’s little value in it for […]

MORE ...

Notes From the WEF: The Coming Battle Between Surveilled and Private Money

Notes From the WEF: The Coming Battle Between Surveilled and Private Money

DAVOS — When the world’s leading bankers and policymakers gathered this week at the 50th Annual Meeting of the World Economic Forum in Davos, Switzerland, their interest in blockchain technology was resoundingly clear. “The number one use case of blockchain technology promoted by the government is data sharing,” Zhang Jiachen, CEO of the startup Guangzhishu Technology, […]

MORE ...

Don’t Buy Bitcoin

Don’t Buy Bitcoin

Bitcoin is going up alright, but DON’T BUY IT! There’s been some big moves in the markets, everyone is talking about the approaching bitcoin halving and the pundits are all starting to make some big price predictions again… $10,000… $20,000… $100,000… I even saw one guy talking a million dollars, but that was very much […]

MORE ...

Bitfinex Investor’s Crypto Lending Startup Posts $2.3M in 2019 Revenue

Bitfinex Investor’s Crypto Lending Startup Posts $2.3M in 2019 Revenue

China-based RenrenBit, a peer-to-peer cryptocurrency lending and wallet startup, has disclosed it took $600,000 in net income from revenue of $2.3 million in 2019. The startup, founded by well-known Chinese over-the-counter trader Zhao Dong, who’s also an investor in Bitfinex and Binance, published an unaudited income statement on Monday as part of its commitment to […]

MORE ...

Best Low Cost Cryptos To Buy Now

Best Low Cost Cryptos To Buy Now

The 10 Best Low-Cost Cryptos To Buy Now Even after the correction of the last couple of years, it’s easy to look at the price of the major cryptocurrencies and feel that you’ve missed the boat. Bitcoin is on the move again… and some really big forecast numbers are being floated again… but for most […]

MORE ...

Plaintiffs Combine Their Market-Manipulation Lawsuits Against Bitfinex and Tether

Plaintiffs Combine Their Market-Manipulation Lawsuits Against Bitfinex and Tether

Plaintiffs in three separate putative class action lawsuits against Bitfinex and Tether have moved to consolidate their cases, according to a Thursday court filing. Court filings by David Leibowitz et al, Eric Young et al, and Bryan Faubus et al, accuse the sister companies of manipulating the crypto markets. Their cases share common threads, filings […]

MORE ...

Ugandan Victims of Dunamiscoins Scam Petition Gov’t for Lost Investments

Ugandan Victims of Dunamiscoins Scam Petition Gov’t for Lost Investments

Over 5,000 victims of the alleged cryptocurrency pyramid scheme Dunamiscoins have petitioned the Ugandan Parliament asking to refund money lost in the scam. Arthur Asiimwe, the leader of the petitioning group who presented the request to the Parliament’s speaker Rebecca Kadaga, claims that the government has licensed the alleged scam firm, according to an official […]

MORE ...