The first woman to gain more than a million YouTube subscribers is now going all-in on bitcoin to promote financial freedom to her loyal fanbase. “I kind of view bitcoin as similar to YouTube, which…
Chinese State Media Surprises With Forecast of Bitcoin…
Chinese state-operated media outlets keep adding cryptocurrencies — specifically bitcoin — on their reporting agenda. Lately, they have been replicating bitcoin predictions that are surprising in some way to the crypto community due to the…
Indian Crypto Trader Arrested for Allegedly Using USDT…
An Indian law enforcement agency has arrested Naisar Kothari, a cryptocurrency trader, for his role in a money-laundering scheme linked to online Chinese betting scams. The arrest was made after the country’s Enforcement Directorate (ED)…
Hackers Demand Over 1,800 BTC From Electronics Giant…
A multinational electronic giant and a well-known manufacturer of Apple products is the latest victim of a millionaire ransomware attack deployed over the Thanksgiving weekend on one of its branches. Apple’s Manufacturer Is the Latest…
‘Price follows hash rate’ — Bitcoin fundamentals drop…
Bitcoin (BTC) could see further downward price pressure this week as network difficulty is set to drop the most in five months. Data from data resource BTC.com estimated that difficulty will drop by 8.3% at…
Video: The Fed Considers CBDCs And Bretton Woods…
Where to listen: The IMF panel on cross-border payments was a Central Bank Digital Currency (CBDC) discussion in disguise, headlined by Jerome Powell, chairman of the Federal Reserve. The CBDC narrative is the central bank…
Huobi Plugs Into EU’s SEPA and UK Faster…
The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency…
SushiSwap Co-Founder Sees Future Users in China and…
Within a week of going online, DeFi project SushiSwap’s total value locked (TVL) surpassed $1.5 billion. At its peak, it made up almost 70% of liquidity on the decentralized exchange Uniswap. SushiSwap only took seven…
Privacy Startup Nym Will Pay You in Bitcoin…
Nym now allows bitcoin transactions and has an incentive program for people running its nodes. It is also enabling plugins that will allow users to plug in wallets and applications to run their traffic through…
Structural Issues May Be Causing BitMEX’s Low Bitcoin…
BitMEX may be one of the largest crypto derivatives platforms, but it offers the lowest return on bitcoin “cash and carry” trades. Currently, the return offered by Seychelles-based BitMEX on a three-month basis is 2.71%…
Bitcoin, Mescaline and Parallel Worlds
Leah Callon-Butler, a CoinDesk columnist, is the director of Emfarsis, a consulting firm focused on the role of technology in advancing economic development in Asia. Have you ever asked a fellow Bitcoiner about the time…
Crypto Investors Have Ignored Three Straight 51% Attacks…
Despite three “51% attacks” in a month, Ethereum Classic’s price has demonstrated strong resilience. Though down a bit for the past month, its persistence may indicate that security is not a top priority for investors…
Crypto Long & Short: What Investors Get Wrong…
In a week in which we are yet again reminded how sharply sentiment can shift in crypto asset markets, it’s appropriate to look at the role volatility plays in our narratives, our portfolios and our psyches. …
3 Reasons Bitcoin Just Tanked Below $11K for…
Bitcoin prices tumbled 6.2% Thursday, falling below $11,000 for the first time in a month. The price drop trimmed the largest cryptocurrency’s 2020 rally to 50% and sent digital-asset market traders and analysts scrambling to…
For DeFi to Grow, CeFi Must Embrace It
William Mougayar is the author of “The Business Blockchain,” producer of the Token Summit and a venture investor and adviser. DeFi has grown to a point where its mindshare now far exceeds its relatively small…
DeFi Flippening Comes to Exchanges as Uniswap Topples…
Trading volumes are surging on Uniswap and other so-called decentralized cryptocurrency exchanges, challenging established venues like Coinbase while driving up fees and congestion on the Ethereum blockchain. Uniswap, a semi-automated platform for matching…
Signature Bank Gave Dozens More PPP Loans to…
Signature Bank extended dozens more loans under the federal Paycheck Protection Program (PPP) to cryptocurrency businesses than was previously reported. Around $20 million of the $1.9 billion in PPP loans the bank extended was given…
Meet Torus, the One-Click Blockchain Wallet Trying to…
People may like the idea of blockchains and web 3.0, but they tend to hit an immediate obstacle in the form of private cryptographic keys and mnemonic seed phrases that cannot be lost, forgotten or…
Maria Bustillos on Tokenizing Journalism, the Death of…
Maria Bustillos, founding editor of the digital magazine Popula, is also one of the founding members of Brick House, an umbrella of independent publishers operating under a collectivist business model. An earlier supporter, and benefactor,…
Mr. Powell, If You Want Higher Inflation, Give…
Frances Coppola, a CoinDesk columnist, is a freelance writer and speaker on banking, finance and economics. Her book “The Case for People’s Quantitative Easing” explains how modern money creation and quantitative easing work, and advocates…
Fed Chair Powell’s Flexible Inflation Views Were Already…
Federal Reserve Chair Jerome Powell did not raise many eyebrows Thursday morning when he announced the U.S. central bank would encourage some periods of inflation above its 2% target in certain circumstances to boost the…
Binance’s Bitcoin ‘Bid-Ask Spreads’ Tighten as Cryptocurrency Markets…
Getting in and out of a large bitcoin trade on cryptocurrency exchanges like Binance or BitMEX isn’t costing as much as it used to. That might be a healthy sign that digital-asset markets are maturing. …
YouTube’s Whac-a-Mole Approach to Crypto Scam Ads Remains…
YouTube has long struggled with disinformation, misleading content and outright scams on its site. Despite lawsuits and Google’s own ad policies, cryptocurrency scam ads are still making it through the gates and circulating for days. …
Bakkt Futures Volume Up on Institutional Trading; Its…
Growing institutional interest is helping to drive a recent spike in volume on Bakkt, according to its president, Adam White. But the U.S.-regulated crypto derivatives exchange is holding out hope its dormant options platform will…
Commentary: Fed Chair Jerome Powell Details Inflation Target…
Federal Reserve Chairman Jerome Powell explains the U.S. central bank’s economic approach, including how it will address its previous 2% inflation goal over the next decade. CoinDesk’s First Mover Editor, Bradley Keoun, has already laid…
Is This the Blockchain Firm That Will Get…
Concordium, an ambitious project whose founders have close links to companies including Volvo, IKEA, Saxo Bank and Nasdaq, is looking to shake up the seemingly glacial world of enterprise blockchain. The most striking thing about…
How the Battle for Thailand Is Being Fought…
Thailand’s protests highlight the vulnerabilities of major social media platforms like Twitter and Facebook. Thai residents began protesting the nation’s military regime earlier this year, giving voice to frustrations that have been building since a…
ConsenSys Acquires JPMorgan’s Quorum Blockchain
Quorum, the enterprise blockchain platform developed by mega-bank JPMorgan Chase, is being acquired by ConsenSys, the Brooklyn, N.Y.-based Ethereum venture studio. Additionally, JPMorgan has made an undisclosed strategic investment in ConsenSys, the companies said in…
ConsenSys Acquires JP Morgan’s Quorum Blockchain
Quorum, the enterprise blockchain platform developed by mega-bank JPMorgan Chase, is being acquired by ConsenSys, the Brooklyn, N.Y.-based Ethereum venture studio. Additionally, JPMorgan has made an undisclosed strategic investment in ConsenSys, the companies said in…
No Collateral Required: How Aave Brought Unsecured Borrowing…
Unsecured borrowing has come to decentralized finance (DeFi). Aave, a DeFi money market that allows users to earn interest on cryptocurrency and borrow against it, introduced credit delegation in early July. This service allows someone…
Former RBI Governor and IMF Chief Economist Sees…
Raghuram Rajan, former governor of the Reserve Bank of India (RBI) and chief economist at the International Monetary Fund (IMF), sees value in bitcoin, cryptocurrencies, and Facebook-backed libra alongside central bank digital currencies. Former RBI…
Blockchain Bites: Bitcoin’s Weary Bulls, ETC’s Action Plan,…
INX is gearing up for a landmark IPO, 1 billion tether jumped from Tron to Ethereum and a shift in bitcoin’s options market suggests bullish speculation is beginning to ease. You’re reading Blockchain Bites, the daily…
An AWS Virtual Machine Is Infected With Mining…
A cybersecurity firm has unearthed a monero mining script embedded in a public instance of an Amazon Web Service (AWS) virtual machine. Now the firm is raising the question: How many other community Amazon Machine…
Bitcoin Has Lost Its Way: Here’s How to…
Rachel-Rose O’Leary is a cryptocurrency writer and trainee C++ developer at PolyTech. Currently a contributor to CoinDesk and the Defiant newsletter, she has written about cryptocurrency since 2015. She holds an MA in digital art…
Stablecoin Demand May Drop if Traders Abandon Bitcoin…
Institutional demand for stablecoins may cool because yield on “carry trades” has been cut in half since Monday. The annualized rolling one-month futures basis shot as high as 28% at the start of the week…
Why the Decentralized Web’s Development Is Unstoppable
Steven McKie is a founding partner and managing director at Amentum Capital, developer on HandyMiner and HandyBrowser for Handshake and host of the BlockChannel podcast. A version of this article first appeared on Medium. The…
Blockchain Bites: Hashrates Drop, Bitcoiners Hodl and an…
Floods are dampening bitcoin mining hashrates, Ethereum Classic may be thrown off its most popular exchange and bitcoin is moving off exchanges. You’re reading Blockchain Bites, the daily roundup of the most pivotal stories in blockchain…
OKEx Mulls ETC Delisting After Losses From Two…
OKEx has confirmed a loss of approximately $5.6 million in Ethereum Classic (ETC) from two recent 51% attacks and is considering removing ETC from its exchanges. Yet, as the cryptocurrency exchange with the highest trading…
Blockchain Bites: Bitcoin on DeFi and DeFi on…
More bitcoins were tokenized than mined this Sunday, decentralized finance is coming to the Bitcoin system and a former Prudential Securities CEO thinks crypto is a safe bet. You’re reading Blockchain Bites, the daily roundup of the most…
Litecoin Gets Bullish Speculation, at Last, as Upgrade…
The cryptocurrency litecoin is often referred to as the silver to bitcoin’s gold. This year, litecoin investors might have been better off staying in the analog world: While bitcoin has gained twice as much as…
$6 Billion Akon City Underway: Akon Says Cryptocurrency…
The construction of Akon City, the $6 billion futuristic city that will function solely on the akoin cryptocurrency, is underway. Akon says cryptocurrency will empower Africans to overcome hurdles, such as high inflation and government…
Blockchain Bites: Coinbase’s Loans, Ethereum’s Fees, YAM’s Bug
Ethereum users are paying through the nose while miners profit. Coinbase is offering bitcoin-backed loans and nearly a quarter of the Tor Network may be compromised by a crypto-loving scammer. You’re reading Blockchain Bites, the daily…
4 Myths About CBDCs Debunked
Marcelo M. Prates is a lawyer at the Central Bank of Brazil and holds a doctorate from Duke University School of Law. The views and opinions expressed here are his. Although the terminology of central-bank…
First Mover: Ethereum Faces Inflation Problem as Gas…
Congestion is building on the Ethereum blockchain, the second-largest blockchain, thanks to the recent popularity of dollar-linked “stablecoins” and “decentralized finance” applications like Compound. And now fees to process transactions, which escalate when congestion is high…
First Mover: How a DeFi Trader Made an…
In digital-asset markets, stablecoins like tether and USDC are supposed to represent $1 of value. But their prices often fluctuate on the pubescent trading platforms of decentralized finance, or DeFi. So cryptocurrency traders are now…
How Much Ether Is Out There? Ethereum Developers…
Ethereum and Bitcoin advocates have engaged in spirited Twitter exchange since Friday to answer an ostensibly simple question: What’s the total supply of ether? It’s not quite clear where the question originated. But providing one…
Some Traders Now Taking Bets Ether Will Break…
Deribit has started listing ether (ETH) options with strikes above $1,000, and some traders are now betting the cryptocurrency will reach that price by year’s end. Over 3,470 contracts – worth $1.3 million – of…
Blockchain Bites: MicroStrategy’s $250M Bitcoin Bet, India Booms,…
MicroStrategy bets $250 million on bitcoin’s safe haven thesis. Indian crypto is booming. And David Marcus has a new role at Facebook. Top shelf Banks buying“Major U.S. banks might be willing to support cryptocurrency services…
First Mover: After Falling 65% This Year in…
Imagine a future where bitcoin has taken over from the U.S. dollar as the world’s de facto reserve currency. Assuming bitcoin’s notorious price volatility continued to that day, major currencies would be considered volatile assets.…
India May Be Starting Its Biggest Bitcoin Bull…
India’s crypto trade volumes have soared since the Supreme Court of India lifted banking restrictions for exchanges in March. According to Coin Dance’s Paxful and LocalBitcoins volume data, India’s bitcoin peer-to-peer trade volume reached an…
First Mover: Bitcoin Hits $12K as Trump Orders…
Bitcoin climbed above $12,000 early Monday, before dipping once more, as traders weighed U.S. President Donald Trump’s move to provide emergency aid amid new signs that the labor market recovery is stalling. The oldest and largest…
Crypto Long & Short: 51% Attacks and Open-Source…
Human ingenuity finds a way around limitations. Sometimes these limitations are obstacles in the way of progress, and creative thinking comes up with new paths. Sometimes these limitations are a lack of knowledge, and experimentation…
First Mover: Kyber CEO Predicts 2020 Transactions at…
The fast-growing realm of decentralized finance, known as DeFi, has produced some of the year’s richest returns for cryptocurrency investors, from Compound’s COMP tokens to Chainlink’s LINK. So it may come as little surprise that the…
First Mover: Bitcoin Rises More in One Day…
Bitcoin prices surged 5% on Wednesday, outpacing stocks and gold amid calls for more government stimulus, as the economic toll of the coronavirus mounts. The oldest and largest cryptocurrency rose to $11,755. The price is…
China’s Open Source Development Has Lessons for the…
Lex Sokolin, a CoinDesk columnist, is Global Fintech co-head at ConsenSys, a Brooklyn, N.Y.-based blockchain software company. The following is adapted from his Fintech Blueprint newsletter. The news cycle is obsessed with a global technology competition between…
Two Reasons Crypto’s Bull Market Is Coming
Anil Lulla is the co-founder and COO of Delphi Digital, a research firm dedicated to advancing the development of the crypto market. In the past few months at least four crypto hedge funds have shuttered.…
First Mover: As Fed Nears Inflation Rubicon, Analysts…
The Federal Reserve appears ready to pursue yet another untested strategy that could ultimately boost inflation – and possibly prices for bitcoin. The Fed is “preparing to effectively abandon its strategy of pre-emptively lifting interest rates to…
Blockchain Bites: Hedge Fund Down, Banana Bets and…
Another crypto hedge fund is winding down, Huobi launched a new unit to invest in DeFi and the Twitter hacker is reportedly a bitcoin millionaire. You’re reading Blockchain Bites, the daily roundup of the most pivotal…
Zephyr Teachout: Take Back the Economy From Economists
When I answer the phone, Zephyr Teachout quickly explains our call might be shorter than planned. Both she and I are at the whim of her two-year-old toddler, who is sleeping and could wake at…
Officials Arrest 3 Allegedly Behind Twitter Hack
The FBI and local officials have arrested three individuals who allegedly committed the largest hack in Twitter’s history. Florida resident Graham Clark was arrested Friday morning, according to Florida news channel WFLA. State Attorney Andrew…
Suspected Twitter Hacker Arrested in Florida
The FBI has arrested an individual allegedly behind the largest hack in Twitter’s history. Florida resident Graham Clark was arrested Friday morning, according to Florida news channel WFLA. State Attorney Andrew Warren filed 30 felony…
First Mover: Chainlink’s Soaring Token Shows Lucrative ‘Oracle’…
Chainlink’s LINK tokens have quadrupled in price this year to become one of the biggest success stories this year in cryptocurrency markets. The project’s market capitalization, now the 12th highest among all digital assets at…
Ethereum 2.0: Closer Than Ever, Still Plenty of…
“Though now evolved in many ways,” Gavin Wood wrote in Ethereum’s 2015 yellow paper, “the key functionality of a blockchain with a Turing-complete language and an effectively unlimited inter-transaction storage capability remains unchanged.” Five years…
Ethereum History in 5 Charts
Five years ago this week, the first general-purpose blockchain went live on mainnet. Ethereum paved the way for a whole new use case for blockchain technology untethered from Bitcoin’s original vision as electronic cash. CoinDesk…
Audius Rallies EDM Artists, Crypto VCs to Back…
Music is back on the blockchain. Audius, a streaming service that connects music fans directly with artists, has raised $3.1 million in a strategic round co-led by Multicoin Capital and Blockchange Ventures, with participation from…
First Mover: Sleepy Fed Meeting Belies Tense Economic…
After a two-day closed-door meeting this week, the Federal Reserve issued a six-paragraph statement on Wednesday and held an hour-long press conference. None of that was news, of course, and neither was anything else emanating…
Why DeFi on Ethereum Is Like Algorithmic Trading…
Mona El Isa would never go back to traditional finance. The former Goldman Sachs vice president developed the Melon protocol, a vehicle for creating Ethereum-based hedge funds without having to spend the tens of thousands…
Proof-of-Stake Chains Team Up to Prove DeFi Is…
Liquidity mining is coming to proof-of-stake (PoS) blockchains. Anchor, the new decentralized finance (DeFi) platform from Terra, Cosmos, Web3 Foundation and Solana, is being designed to launch with a governance-token reward. Version 1 is going…
Blockchain Bites: Bitcoin’s New ETP, Ethereum’s ‘Woodstock Moment’…
A crypto hedge fund is folding, Silvergate Bank’s bitcoin-collateralized loans surged this quarter and bitcoin futures markets record triple-digit growth. You’re reading Blockchain Bites, the daily roundup of the most pivotal stories in blockchain and crypto…
Memories of London’s Devcon 1, Ethereum’s ‘Woodstock’ Moment
Ethereum’s Devcon 1, held in London in November 2015, was like Woodstock, except perhaps with less nudity. Bankers and Big 4 consultants disguised in hoodies shared space with dreadlocked Ethereum coders, sitting cross-legged in the…
First Mover: The Dollar Drop May Have Helped…
As the U.S. dollar’s value slides, prices are suddenly rising for just about everything priced in dollars. That includes bitcoin, which shot up some 13% on Monday for its biggest gain in almost three months. Prices…
Silvergate’s Bitcoin-Backed Lending Product Grew 80% in the…
Silvergate Bank continued to add a steady drip of cryptocurrency customers in the second quarter and its portfolio of bitcoin-collateralized loans nearly doubled, dwarfing the growth of its traditional real estate loan book. According to…
Blockchain Bites: Ethereum’s Lifestyle Brand, Twitch’s Crypto Discounts…
Twitch is offering discounts to subscribers paying in crypto, a federal court ruled bitcoin is money and R3 Corda’s blockchain is a big thing in Italy’s banking system. You’re reading Blockchain Bites, the daily roundup of…
First Mover: Bitcoin at Last Passes $10K, But…
Bitcoin has at last broken convincingly above the all-important $10,000 mark, but why has it struggled so much in recent months when gold has soared to an all-time high? Earlier this year, digital-asset investors were…
CoinDesk’s Twitter Hack Proved the Media Can’t Rely…
A rundown from one of CoinDesk’s editorial Slack channels during an action-packed hour on Wednesday last week reads like a high-pace drama. It tells the tale of a news team going through a process of…
First Mover: Ethereum a Victim of Its Own…
Rising congestion on the Ethereum blockchain has driven up transaction fees tenfold this year to the highest since early 2018. That’s pressuring the network’s developers to speed up crucial upgrades, while possibly creating an opening…
Open Interest in Ether Options Jumps to New…
Investor interest in ether options is stronger than ever, possibly due to excitement surrounding Ethereum’s long-awaited protocol change, dubbed ETH 2.0. Data from major exchanges – Deribit and OKEx – shows that open interest in…
Blockchain Bites: PayPal, Mastercard Inch Closer to Crypto
Fintech giant PayPal is leaning on Paxos to handle its crypto services, Mastercard is expanding its crypto program and a prominent Canadian crypto platform has been accused of wash trading as much of 90% of…
Is Crypto Fintech? It Depends Who You Ask
Leah Callon-Butler, a CoinDesk columnist, is the director of Emfarsis, a consulting firm focused on the role of technology in advancing economic development in Asia. This comes across as a fairly benign question to most…
Bitcoin Futures Trading Volume Slips to 3-Month Low…
Trading activity in bitcoin futures listed on the Chicago Mercantile Exchange (CME) has cooled notably as the leading cryptocurrency languishes in the price doldrums. Daily trading volume fell to $87 million (via 1,895 contracts) on…
First Mover: Bitcoin Miners Find Upgrade Financing Aplenty,…
Even as bitcoin prices languish below $10,000, North American cryptocurrency mining companies are tapping into a flurry of fresh financing from investors to pay for new equipment upgrades, bolstering the blockchain network’s resilience and reducing…
Novel Charts Dark Side of ICO Mania
The initial coin offering boom of 2017 and 2018 was the closest crypto came to mass adoption. It was a period of market and media exuberance. The Gray Lady, aka the New York Times, perhaps…
What Does the Twitter Hack Mean for Bitcoin?…
For five hours, all of Twitter became Crypto Twitter. Wednesday, one of the biggest digital hacks in recent memory went down. A hacker, likely a Bitcoiner, gained access to Twitter’s administrative functions and began a…
Twitter Doesn’t Need Web 3.0 to Solve Its…
Preston Byrne, a columnist for CoinDesk’s Opinion section, is a partner in Anderson Kill’s Technology, Media and Distributed Systems Group. He advises software, internet and fintech companies. His biweekly column, “Not Legal Advice,” is a…
Amazon Prime Membership Should Have Been a Tokenized…
Jeff Dorman, a CoinDesk columnist, is chief investment officer at Arca where he leads the investment committee and is responsible for portfolio sizing and risk management. He has more than 17 years of trading and…
Twitter Hacker Is a BitMEX Trader, On-Chain Data…
None of the roughly 13 bitcoin (BTC) acquired through Wednesday’s Twitter hack have been laundered, according to chain analysis conducted by Samourai Wallet. But whoever it was is deep into the cryptocurrency space, with the…
After the Twitter Hack, We Need a User-Owned…
CoinDesk columnist Nic Carter is a partner at Castle Island Ventures, a venture fund based in Cambridge, Mass., that focuses on public blockchains. He is also the co-founder of Coin Metrics, a blockchain analytics startup.…
Twitter Hack Used Bitcoin to Cash In: Here’s…
Someone hacked Twitter Wednesday – and they used bitcoin to capitalize on it. Bitcoin is an alternative money system based on the value of censorship resistance. In other words, Bitcoin was built from the ground…
Bitcoin Has American Mindshare but Few Users
J.P. Koning, a CoinDesk columnist, worked as an equity researcher at a Canadian brokerage firm and is a financial writer at a large Canadian bank. He runs the popular Moneyness blog. The Federal Reserve’s annual…
First Mover: UK Economy Setback Renews Questions of…
Bitcoin was born in early 2009, in the aftermath of a financial crisis, but until this year it had never actually been through one. Here’s how that played out: Bitcoin plunged in March as the coronavirus…
Blockchain Bites: Chainlink’s Interest, Ethereum’s ‘ReGenesis’ and Crypto…
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, the daily roundup of the…
Bitcoin Volatility Metrics Are Like November 2018 All…
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 price squeeze may end with…
2020: The Year Ethereum Stayed Home
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 has always been known for…
Google Searches for Chainlink Hits High as Link…
Retail interest in Chainlink, which acts as a bridge between cryptocurrency smart contracts and off-chain data feeds, is now at the highest level it has ever been. According to Google Trends, worldwide queries for the…
Blockchain Bites: It’s Never Been Harder to Mine…
Bitcoin’s mining difficulty is at a record high, Singapore’s central bank digital currency could find commercial use and Chinese firms are going in on Filecoin. Here’s the story: You’re reading Blockchain Bites, the daily roundup of…
First Mover: Twelve-Fold Gains for Aave’s LEND Token…
There’s one thing that all investors like: doubling, tripling, or even quadrupling their money. How about a 12-fold increase? That’s what traders have reaped this year from the decentralized lender Aave’s LEND token, up about…
Crypto Long & Short: Dogecoin, Market Manipulation and…
This week saw a 125% rise in the price of dogecoin, a cryptocurrency based on a popular 2013 internet meme, created in the same year as both a parody and a “let’s see if this…
Blockchain Bites: Coinbase’s Untraditional Investor Day and the…
Coinbase will host its first investor day, New York State prosecutors won a jurisdictional dispute involving Bitfinex and a protocol arms race is unfolding in Latin America. Here’s the story: You’re reading Blockchain Bites, the daily roundup…
The Federal Reserve’s Declining Balance Sheet Is Bearish…
The U.S. Federal Reserve’s balance sheet is contracting, but despite popular opinion, that’s not necessarily bad news for bitcoin. The central bank’s balance sheet declined by $88 billion to $6.97 trillion (-1.5%) in the week…