ArenaDAO’s Governance Token Surges Almost 50% Amid Vote to Authorize Paradigm Purchase

The first U.S. accounting rule specifically for cryptocurrency will say that companies must use a fair-value approach that would demand certain digital assets be measured at what they would trade for in the markets, according to the Financial Accounting Standards Board (FASB).At a Wednesday meeting, the board evaluated comments on the change and gave staff

news An experimental service that allows users to pay for futures data from exchanges Kraken and BitMEX with bitcoin’s in-development lightning network is now live. Launched by SuredBits Monday, the application programming interface (API) allows developers access to information about available futures contracts, specifically, according to CEO Chris Stewart: “You will be able to subscribe to…

Sep 21, 2020 at 16:47 UTCUpdated Sep 21, 2020 at 16:55 UTCFamed activist investor Carl Icahn (Brian Ach/Getty Images)Following the 2008 financial crisis, both Main Street and Wall Street agreed that power was too concentrated at the financial institution level. People wanted more control, birthing the era of Bitcoin, and later, other forms of digital…

news French retail giant Carrefour has attributed a recent increase in sales to its use of blockchain tracking. Carrefour’s blockchain project manager Emmanuel Delerm told Reuters on Monday that the use of blockchain ledger technology to track meat, milk and fruit from farm to supermarket has increased sales of these products. According to Delerm, blockchain tracking…

Jul 21, 2020 at 21:19 UTCGrayscale Managing Director Michael Sonnenshein. (CoinDesk archives)Grayscale Investments has announced that its digital asset funds Bitcoin Cash Trust and Litecoin Trust have cleared a regulatory hurdle in their march to begin being quoted on over-the-counter markets. The U.S. Financial Industry Regulatory Authority (FINRA) on Monday verified that the trusts’ broker-dealer…

With BTC shooting back up above $37K and a look into the aftermath of the GameStop moment, CoinDesk’s Market Daily is back with the latest news roundup. Add Markets Daily to your Alexa Flash Briefing here.This episode is sponsored by Nexo.io.Today's stories: The GameStop-galvanized “bear raid” by retail stock traders appears to have terrified Wall…

Jan 17, 2020 at 08:10 UTCUpdated Jan 17, 2020 at 08:17 UTCSan Francisco Open Exchange unveiled Thursday its new “Separately Managed Account Solution” to help investors create their own crypto trading strategies. The service enables fund managers to manage individual securities in a single account for their clients in the traditional financial services industry. However,…

Jul 17, 2020 at 20:19 UTCColorado Gov. Jared Polis at ETHDenver (CoinDesk archives)The Colorado Lottery is partnering with ETHDenver, Ethereum’s largest hackathon, to spur the slapdash development of a decentralized web-based game of chance.  The pair are calling on developers to compete in their July 31 “GameJam” hackathon that aims to build Web 3.0 novelties…

Nov 16, 2020 at 9:55 p.m. UTCIBM Scores Patent on Proposed Blockchain Consensus for Transactions in Multiplayer GamesTech giant IBM has been granted a patent on a blockchain-based consensus model envisioned for use in handling transactions within multiplayer games with a large user base. The U.S. patent, titled “Gaming consensus protocol for blockchain,” was awarded last…