Coindesk Archives • Bitcoin Feed News

Coindesk / UK Fintech Firm Revolut Brings Bitcoin, Ether Trading to US Customers

July 15, 2020 / coindesk

Revolut customers in 49 U.S. states can now buy, hold and sell bitcoin (BTC) and ether (ETH) on the digital bank’s crypto platform. The British fintech firm entered the U.S.…

Coindesk / China to Test Digital Yuan on Tencent-Backed Food Delivery Platform

July 15, 2020 / coindesk

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Coindesk / Promoters of Crypto Ponzi Scheme OneCoin Murdered in Mexico

July 15, 2020 / coindesk

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Coindesk / Russian Activists Use Bitcoin, and the Kremlin Doesn’t Like It

July 15, 2020 / coindesk

MOSCOW — No government can stop bitcoin transactions, which suggests the cryptocurrency is an ideal way for dissidents and activists to raise funds. This should be especially true in Vladimir…

Coindesk / NYDFS Chief Calls Industry Reaction to BitLicense Changes ‘Beyond Positive

July 15, 2020 / coindesk

The crypto space has reacted positively to the new changes made to the BitLicense, Linda Lacewell, superintendent of the New York Department of Financial Services (NYDFS), said Tuesday. Discussing recent…

Coindesk / FBI Report on Laundering by Private Funds Cites OneCoin Fraud in All but Name

July 15, 2020 / coindesk

The main thrust of the bulletin, dated May 1, is that criminals and foreign adversaries of the U.S. “likely” use hedge funds, private equity and other investment vehicles to circumvent…

Coindesk / Jack Dorsey’s Cash App Sponsors NASCAR Driver Bubba Wallace

July 15, 2020 / coindesk

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Coindesk / Standard Chartered Participates in Jammed $18M Round for Crypto Custodian

July 15, 2020 / coindesk

British bank Standard Chartered has invested in Metaco, a crypto custodian focused on the institutional market. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for…

Coindesk / Market Wrap: Do-Nothing Markets Stay Steady as Bitcoin Sticks to $9,200

July 14, 2020 / coindesk

Markets globally are mostly flat Tuesday, and bitcoin is trading sideways along with them. The price of bitcoin is stuck in the $9,200 price range as low volumes continue to…

Coindesk / This New Coding Language Could Help Unlock Bitcoin’s Smart Contract Potential

July 14, 2020 / coindesk

Bitcoin Core contributor Jeremy Rubin has revealed his work on a new smart-contract language for Bitcoin, which he hopes will increase the “financial self-sovereignty” of users. Rubin demoed the new…

Coindesk / Cryptocurrencies Have ‘No Way’ to Comply With US Anti-Encryption Bills

July 14, 2020 / coindesk

Multiple bills that threaten encryption are moving through the U.S. Senate and could pose a threat to technology that protects users’ privacy, industry pros say. These bills include the Lawful…

Coindesk / Crypto Luminaries Auction NFT ‘Art’ for Charity

July 14, 2020 / coindesk

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Coindesk / Why Are Execs of Bankrupt Companies Being Rewarded With Millions?

July 14, 2020 / coindesk

It’s hard to tell people not to be angry with capitalism when the system is rewarding failure with millions of dollars in bankruptcy bonuses. Bloomberg has reported recently bankrupt companies…

Coindesk / This a16z Alum Is Launching a VC Fund Focused on Platforms You Can ‘Own’

July 14, 2020 / coindesk

An Andreessen Horowitz (a16z) alum is launching a new venture firm focused on building a crypto-powered “ownership economy.” Jesse Walden, who focused on blockchain investments at a16z, announced his Variant…

Coindesk / Charlie Shrem TLDL: Ray Youssef and Crypto’s Role in Africa

July 14, 2020 / coindesk

Crypto luminary Charlie Shrem is joined by Ray Youssef of Paxful for a wide-ranging conversation on Youssef’s work building schools in Africa, Paxful’s mission to unite the continent through financial…

Coindesk / What It’s Really Like to Live on Bitcoin in the Middle East

July 14, 2020 / coindesk

Syrian developer Ghass Mo has been living off freelance bitcoin gigs from Kurdistan, Iraq, for nearly two years. “I get paid in bitcoin for doing work on open-source projects related…

Coindesk / Blockchain Bites: Chainlink’s Interest, Ethereum’s ‘ReGenesis’ and Crypto Taxes

July 14, 2020 / coindesk

Binance announced the rollout of its crypto debit card, the U.K.’s central bank is thinking hard about a digital currency and the taxman cometh. Here’s the story: You’re reading Blockchain Bites,…

Coindesk / Texas Man’s Alleged Use of PPP Funds for Crypto Instead of BBQ Has Feds Asking ‘Where’s the Beef?’

July 14, 2020 / coindesk

A 29-year-old Texas man is in A-1 trouble after being charged Monday with siphoning nearly $1 million in Payment Protection Program loans meant for a barbecue company into a cryptocurrency…

Coindesk / VMware Joins Samsung, Salesforce as Investor in Digital Asset’s Series C Funding Round

July 14, 2020 / coindesk

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Coindesk / Kraken Adds 3 DeFi Tokens – COMP, KAVA, KNC

July 14, 2020 / coindesk

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Coindesk / Bitcoin News Roundup for July 14, 2020

July 14, 2020 / coindesk

With Tax Day fast approaching, CoinDesk’s Markets Daily covers all things IRS and crypto taxes on today’s show! Bitcoin is locked in a low-volatility squeeze similar to one seen ahead…

Coindesk / PayPal Told EU It Had Crypto Plans Back in March

July 14, 2020 / coindesk

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Coindesk / Shyft Debuts ‘Decentralized Version of SWIFT’ for FATF Travel Rule

July 14, 2020 / coindesk

Shyft Network is rolling out its blockchain-based solution to help crypto companies comply with the identity and data sharing requirements mandated by the Financial Action Task Force (FATF). Announced Tuesday,…

Coindesk / Gemini Boosts User Security With Hardware Security Key Support for Android and iOS

July 14, 2020 / coindesk

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Coindesk / Fidelity Digital Assets to Custody Bitcoin in Kingdom Trust Retirement Accounts

July 14, 2020 / coindesk

Crypto custodian Kingdom Trust is offering customers bitcoin cold storage from Fidelity Digital Assets. The storage will be offered on Kingdom Trust’s Choice retirement account, a hybrid self-service retirement platform…

Coindesk / BitGo Looks to Rally Exchange Clients Around FATF Travel Rule Product

July 14, 2020 / coindesk

BitGo has joined the pack of solution providers attempting to bring crypto in line with global anti-money laundering (AML) standards. Announced Tuesday, the multi-tentacled crypto firm is offering API support…

Coindesk / First Mover: Bitcoiners Not Worried Fed Money Printer Has Stopped Going ‘Brrrr’

July 14, 2020 / coindesk

It would be an understatement to say bitcoin has been a big disappointment for traders and investors over the past few months. Ever since the coronavirus ravaged financial markets in…

Coindesk / Five Years On, Ethereum Really Is the ‘Minecraft of Crypto-Finance’

July 14, 2020 / coindesk

Camila Russo is the founder of The Defiant and author of “The Infinite Machine,” the first book on the history of Ethereum, which launches today. Read an extract here. Almost…

Coindesk / Gate.io, Huobi Enter Booming Crypto Options Scene

July 14, 2020 / coindesk

As the crypto options market explodes, crypto exchange Gate.io opens its new options trading feature and rival Huobi preps for a launch later this year. Disclosure The leader in blockchain…

Coindesk / Bitcoin Volatility Metrics Are Like November 2018 All Over Again

July 14, 2020 / coindesk

Bitcoin’s ongoing low-volatility range play is reminiscent of the price doldrums observed ahead of a sudden 40% price crash in the second half of November 2018. This time, however, the…

Coindesk / Binance Rolling Out Crypto Card for EU, UK Markets

July 14, 2020 / coindesk

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Coindesk / Canadian Government Paid Justin Trudeau Family Member to Talk at Blockchain Event

July 14, 2020 / coindesk

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Coindesk / Bank of England Considering a Central Bank Digital Currency, Governor Says

July 14, 2020 / coindesk

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Coindesk / 2020: The Year Ethereum Stayed Home

July 14, 2020 / coindesk

This is a weird year for everyone and everything, but it’s a particularly weird year for Ethereum. Why? The second-largest blockchain by market cap and the largest by contributing developers…

Coindesk / IRS Violated ‘Taxpayer Bill of Rights’ With 2019 Crypto Letters: Watchdog

July 14, 2020 / coindesk

Cryptocurrency users in the U.S. remember July 26, 2019, as the day the Internal Revenue Service (IRS) came out swinging. It now turns out the agency may have been hitting…

Coindesk / Crypto Taxes: Still Confused After All These Years

July 14, 2020 / coindesk

Kirk Phillips is an entrepreneur, certified public accountant (CPA) and author of “The Ultimate Bitcoin Business Guide: For Entrepreneurs & Business Advisors.” You need to be nimble to be a…

Coindesk / Hodlers Can Donate Crypto to Charity to Minimize Tax Payments

July 14, 2020 / coindesk

With the tax deadline just around the corner, crypto holders are stressing over the dreaded capital gains tax. But they can write it off by donating to a worthy cause…

Coindesk / Even the IRS Admits Some Crypto Tax Regulations Are ‘Not Ideal’

July 14, 2020 / coindesk

Roughly four hours into a phone call with a TurboTax representative, in which she had to sort through the company’s own internal resources in order to answer my questions, I…

Coindesk / Market Wrap: Stocks Make Gains While Bitcoin Sticks to $9,200

July 13, 2020 / coindesk

A bullish stock market left bitcoin behind Monday with the world’s oldest cryptocurrency trading flat. The absence of action in bitcoin is in contrast to the performance of global equities…

Coindesk / Researcher Hopes Cosmos-Style ‘Checkpoint’ Could Fix Ethereum’s Data Problem

July 13, 2020 / coindesk

Ethereum developers are aspiring to launch Eth 2.0 in 2020. But that doesn’t mean all the technical details have been spelled out yet. The sum of account balances maintained by…