Airbnb Co-Founder Backs $22 Million Funding for Crypto Dealer SFOX
A cryptocurrency dealer for institutional investors and high-net-worth individuals has closed a Series A funding round of $22.7 million.
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What Jamie Dimon Doesn’t Understand About Bitcoin
Daniel Kuhn is a reporter on CoinDesk's Features team. He owns BTC and ETH.On Monday, speaking at an event hosted by the Institute of International Finance, JPMorgan Chairman and CEO Jamie Dimon once again said the outlook for bitcoin is grim. At various times in the past Dimon has gone on record calling bitcoin “fool’s…

Ether Price Now Down 94% from January’s Record High
markets The price of ether fell to 19-month lows just over $80 today and is now down 94% from its January peak. Ether’s dollar-denominated exchange rate (ETH/USD) slipped to $81.30 at 02:15 UTC – the lowest level since May 2, 2017 – according to CoinDesk’s Ethereum Price Index (EPI). As of writing, ETH is trading…

Bitfury Integration to Bring Bitcoin Lightning Payments to More Merchants
news Bitfury Group has partnered with business payments processor HadePay to bring lightning network-based bitcoin payments to merchants in the U.S., Canada and the EU. Bitfury Group announced Monday that it has integrated its web-based lightning network Peach Merchant API (application programming interface) with HadePay’s platform, allowing businesses to accept payments over the lightning network and…

Bitcoin Volatility Likely as Options Worth $4B Expire on Friday
Alex ThornHead of Firmwide ResearchGalaxyHear Alex Thorn share his take on "Bitcoin and Inflation: It’s Complicated” at Consensus 2023.Alex ThornHead of Firmwide ResearchGalaxyHear Alex Thorn share his take on "Bitcoin and Inflation: It’s Complicated” at Consensus 2023.Omkar Godbole was a senior reporter on CoinDesk's Markets team.Alex ThornHead of Firmwide ResearchGalaxyHear Alex Thorn share his take…

Crypto Exchange Binance Announces New Stablecoin Initiative
news Cryptocurrency exchange Binance has announced that it’s launching a project that will develop cryptocurrencies and digital assets pegged to fiat currencies around the world. Dubbed Venus, the “localized” stablecoin initiative will see the firm utilize its existing infrastructure, such as its public blockchain, Binance Chain, and international payment system, “to empower developed and developing countries…

Cloudflare Unveils Gateway to Distributed Web With ENS, IPFS Integration
Internet hosting giant Cloudflare has unveiled a new connection to the "uncensorable" web.Jan 13, 2021 at 6:26 p.m. UTCUpdated Jan 13, 2021 at 6:39 p.m. UTCCloudflare Unveils Gateway to Distributed Web With ENS, IPFS IntegrationInternet hosting giant Cloudflare has unveiled a new direct gateway to support the distributed web.According to a Wednesday blog post, Cloudflare…

Money Reimagined: Bitcoin’s Road to Gold
Jan 8, 2021 at 6:27 p.m. UTCMoney Reimagined: Bitcoin’s Road to GoldI won’t do that again. Money Reimagined goes on break for three weeks, and what happens? Bitcoin soars 82%. More than 54,000 Americans die of COVID-19. And, oh yeah, an insurrection happens in Washington, D.C.On the second, the numbers speak for themselves: a heartbreaking failure…

Buried in Facebook’s Libra White Paper, a Digital Identity Bombshell
feature The Takeaway Facebook’s Libra white paper includes a brief but potentially seismic nod to digital identity standards. With 2 billion users worldwide, Facebook may be able to succeed where others have failed in jump-starting a globally accepted digital ID. Some identity experts say this is even more important than the cryptocurrency, but others question…