Introduced Wednesday, a new proposal called Signet offers a fresh alternative to bitcoin’s test network. The software plays a crucial role for developers, serving as a place where they can…
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Coinbase is rolling out new tools to help entry-level crypto users understand what seasoned traders are up to. The exchange announced Wednesday the availability of a new suite of signaling…
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The Takeaway: Former Bitcoin Core developer Peter Todd filed a defamation suit in April demanding the deletion of a tweet that accused him of sexual misconduct. In response, three people…
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Privacy-oriented cryptocurrency Grin has just executed its first backward-incompatible upgrade, also called a hard fork. Today’s planned upgrade introduces key changes to the nearly $60-million network that will optimize for maximum…
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Bitcoin Suisse, a crypto-broker and pioneer of Switzerland’s “Crypto Valley,” has taken anticipatory steps to comply with a “maturing” regulatory environment. The firm announced on Tuesday that it has applied…
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Jamie Dimon, the CEO of J.P. Morgan Chase, has said he doesn’t expect Facebook’s planned Libra cryptocurrency to have a short-term impact on the bank. In an analysts call Tuesday,…
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U.S. lawmakers repeatedly pressed Facebook’s top blockchain executive to halt development of the Libra cryptocurrency during a contentious hearing on the project Wednesday. They didn’t get far. David Marcus, the…
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Amidst a decline in the price of bitcoin, the world’s most valuable cryptocurrency could find support at $7,500 – that is if it follows past patterns on the charts. Bitcoin…
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Huobi is replacing its current stablecoin solution with a new ERC-20 token. Also called HUSD, Stable Universal Limited created the new token, which “will be regulated and audited to be…
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A blockchain-based game studio is getting funding to take on “Magic: The Gathering” and “Hearthstone.” Announced this morning, Horizon Games raised $3.75 million in seed funding in a round led by…
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Cryptocurrency exchange BITPoint Japan has said that the roughly 50,000 users who lost funds in its recent hack will be reimbursed in cryptocurrency. The company told reporters in Tokyo on…
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Today the U.S. House Financial Services Committee will grill Facebook executive David Marcus on the social media giant’s proposed Libra cryptocurrency. The lawmakers will also interview a panel of expert…
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Overstock’s security token platform subsidiary tZERO is growing its leadership team as it prepares to onboard more tokens. Announced Wednesday, the company has hired three new senior managers that will turn…
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Insurance industry blockchain group B3i, which is now building DLT solutions for some 40 member firms, has appointed John Carolin as chief executive officer. Carolin, who joined B3i as chief…
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View Bitcoin closed below $9,614 on Tuesday, confirming a bearish reversal on the daily chart. The invalidation of bullish higher-lows pattern is backed by bearish developments on the short-term charts.…
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The Financial Markets Authority (AMF), France’s top financial organization, plans to release an experimental regulatory framework for crypto firms later this month, according to a Reuters report. The rules will…
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Nexo, the Zug, Switzerland-based cryptofinancer, has signed a deal with Singapore’s Terra, agreeing to take deposits in the soon-to-be-introduced, East Asia-focused token. “We love their approach to stable coins,” said…
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The popular and sometimes controversial stablecoin tether (USDT) is to launch on a fifth blockchain. Announced by the (mostly) U.S. dollar-backed token’s issuer on its website, the news means traders…
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“Is it a security? Is it a commodity pool? Is it a payment token? Is it a utility token? It’s a particularly important question … not just domestically, but also…
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A startup founded by the Waves platform team, Vostok, has been sold to one of the project’s earliest investors. According to a report by Gazeta.ru, Waves CEO Alexander Ivanov “sold…
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For a panel about a proposed cryptocurrency, Tuesday’s Senate Banking Committee hearing was notably light on crypto talk. Bitcoin was barely mentioned during the two-hour session and most of the…
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Cubans are quietly exploring cryptocurrency use-cases on the politically isolated island, even watching Facebook’s Libra project with cautious optimism. Cuban expat Claudia Rodriguez of the Brazilian startup Fusyona, the sole…
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German finance minister Olaf Scholz has officially joined the media fracas surrounding Facebook’s cryptocurrency efforts, according to a Reuters report. Echoing other public officials who have struck critical tones in…
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An experimental version of blockchain interoperability protocol Polkadot will go live later this summer. Led by Swiss nonprofit Web3 Foundation, the Polkadot team says the “early, unaudited and unrefined release of…
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The Senate Committee hearing on Facebook’s Libra is happening now and CoinDesk LIVE is here to keep you up to date on the the current state of Facebook’s foray into cryptocurrency.…
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Facebook’s blockchain lead David Marcus told lawmakers he would be willing to accept 100 percent of his salary in the social media giant’s proposed Libra cryptocurrency. During a Senate Banking…
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Facebook has gotten a beating of late, not least of all from the U.S. government. Today the social media giant faces off with the Senate Banking Committee in a hearing…
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Libra is a security, says a former Commodity Futures Trading Commission (CFTC) chairman in prepared remarks to the U.S. House of Representatives. Gary Gensler, who chaired the CFTC from 2009…
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Stablecoin issuer Tether accidentally created $5 billion-worth of its USDT stablecoin at the weekend, before promptly destroying them again. The mess-up occurred when the company was helping cryptocurrency exchange Poloniex conduct…
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A new paper from the International Monetary Fund (IMF) suggests that cash and bank deposits could be left behind as digital money and fiat-pegged cryptocurrencies see greater adoption. The Fintech…
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A new analysis by Coinfirm shows the movement of the bitcoin stolen from Binance into various wallets. The hack, which netted 7,000 BTC, happened on May 7, 2019 at 17:15:24 UTC and the…
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View Bitcoin could fall to the July 2 low of $9,614 and may break lower in the short-term, as the widely tracked MACD (moving average convergence divergence) histogram on the…
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Binance, the world’s top exchange by trading volume, is considering launching a branch in South Korea, according to reports. Changpeng “CZ” Zhao confirmed the possibility to local news source Block…
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As Amazon offers deep discounts this Prime Day, a few crypto companies are also rewarding their users through special deals during the two-day eCommerce extravaganza. Fold, a payments platform that…
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With regulators not “nimble” enough to adapt to the fast changing world of technology, those concerned about maintaining their online privacy should consider turning to decentralized technology, according to a…
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Say hello to the IFO. The cryptocurrency futures exchange CoinFLEX, backed by Polychain Capital and investor Roger Ver, will launch its first initial futures offering (IFO) this week. “This is…
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Altonomy, a cryptocurrency trading desk, has closed a $7 million financing round from Polychain Capital. The company, founded by Ricky Li, is also funded by 7 Blocks. “As a liquidity…
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Houbi burned 116 percent more tokens this quarter than last, ignited by “improving market conditions” and sales growth, according to a company statement. Since issuing Huobi Tokens (HT) in early…
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[embedded content] “Everybody has a plan until they get punched in the mouth,” said boxing superstar Mike Tyson. This year, the so-called father of bitcoin, Craig Wright, tasted first blood.…
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Set Labs, San Francisco-based investment platform, unveiled an Ethereum-based financial trading instrument that captures crypto’s volatile attributes for the investor’s benefit. The “Trend Trading ETH 20 Day Simple Moving Average…
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