Bitcoin Circles Above $29.5K as Investors Weigh Sluggish GDP, Latest Banking Woes
Ether (ETH), the second-largest cryptocurrency by market value, followed a similar pattern, jumping almost 3% over the past 24 hours to change hands at around $1,920. The CoinDesk Market Index (CMI), which measures overall crypto market performance, was up over 6% for the day.
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Hawaiian Bill Would Let Banks Act as Crypto Custodians
Jan 23, 2020 at 21:00 UTCUpdated Jan 23, 2020 at 21:09 UTCHawaii's bill would green-light banks as crypto custodians. But it doesn't solve the double-reserve problem that pushed Coinbase out in 2017. Hawaii State Capital via Shutterstock. Hawaiian lawmakers have submitted a bill that allows banks to provide custody for digital assets.SB2594, introduced on Jan.…

China’s Blockchain Infrastructure Launches Website for Global Devs
Aug 11, 2020 at 07:40 UTCBlockchain-Based Service Network (BSN), a Chinese state-sanctioned blockchain infrastructure project, launched its English-language website for international decentralized applications (dapp) developers on Monday. First reported by CoinDesk on July 21, the website is part of BSN’s effort to extend its global reach. Developers are now able to build dapps and run nodes…

$500B Korean Asset Manager Taps Polygon Labs to Develop Tokenized Securities Network
Mirae Asset Securities, South Korea's largest financial group with over $500 in assets under management, said Thursday that it is working with Ethereum scaling platform Polygon Labs to advance tokenization within finance and boost adoption of Web3 technologies.Polygon Labs will be a technical consultant in The Mirae Asset Security Token Working Group, which is working

Perverse Outcomes: FATF, Bitcoin and Financial Exclusion
opinion Michael J. Casey is the chairman of CoinDesk’s advisory board and a senior advisor for blockchain research at MIT’s Digital Currency Initiative. The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday exclusively to our subscribers. In last week’s column — my third on Libra — I referred to a core…

Sia Network Releases Hard Fork Code to Block Crypto Mining Giants
NEWS Oct 19, 2018 at 12:00 UTC The sia blockchain network has released the formal code for an imminent hard fork that will block miners using hardware produced by Bitmain and other major manufacturers. David Vorick, founder and CEO of Nebulous – the for-profit firm behind the $239 million distributed storage protocol – announced the release…

Ripple’s XRP Drops 5% Amid Report of Potential $112M Hack
10 Years of Decentralizing the FutureMay 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register NowRipple's XRP token has fallen by more than 5% following a report of a possible hack worth $112.5 million.Blockchain sleuth ZachXBT claimed on X (formerly Twitter) that 213 million XRP tokens had

4 Ways COVID-19 Will Bring Banks and Regulators to Crypto
May 5, 2020 at 14:26 UTCUpdated May 5, 2020 at 14:36 UTCThe Bank of England (Credit: Wikimedia Commons) 4 Ways COVID-19 Will Bring Banks and Regulators to CryptoAjit Tripathi, a CoinDesk columnist, is an executive director at Binance and the crypto co-host of the Breaking Banks Europe podcast. Previously, he served as a Fintech Partner…

MARKETS DAILY: Basketball’s First Celebrity Token Shoots for Monday Launch
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