Coders Renew Efforts to Fork Mining Giant Bitmain Off Siacoin Blockchain
Coders on a smaller cryptocurrency protocol are showing why expansion might not be so easy for Bitmain, a mining giant that’s soon to file for an IPO.
Related Posts
CoinDesk 50: How the People’s Bank of China Became a CBDC Leader
May 11, 2020 at 11:19 UTCUpdated May 11, 2020 at 16:20 UTCChina leads in the world in the development of national digital currencies. While other central banks are talking about central bank digital currencies (CBDC), the People’s Bank of China (PBoC) is already trialling its toolkit. Just recently, screenshots emerged of a “digital yuan” interface…
Crypto Can’t Be Used as Money Due to ‘Inherent Flaws,’ BIS Tells G20
Crypto’s “inherent structural flaws” make it unsuitable as a monetary tool, the Bank for International Settlements said in a report sent to finance ministers of the world’s twenty largest economies.The report from BIS, a grouping of the world’s major central banks, cited issues of instability, inefficiency and accountability that outweigh potential innovative benefits such as…
Wyoming Lawmakers Advance Blockchain ‘Sandbox’ Bill
news The Cowboy State is continuing its efforts to welcome blockchain and crypto startups, most recently by approving a bill to let blockchain startups to operate within a regulatory “sandbox” for a legislative vote. The Wyoming House Committee on Minerals, Business and Economic Development unanimously approved its financial technology sandbox bill on Friday. The bill,…
PayPal Removes Waitlist for New Crypto Service, Boosts Weekly Purchase Limit to $20K
Nov 12, 2020 at 5:14 p.m. UTCUpdated Nov 12, 2020 at 5:31 p.m. UTCPayPal Removes Waitlist for New Crypto Service, Boosts Weekly Purchase Limit to $20KAll eligible PayPal account holders in the U.S. can now buy, hold and sell cryptocurrency, the company announced Thursday.The publicly traded payments giant confirmed its crypto plans in a Oct.…
Block.one Plans to Start Voting on EOS, the Blockchain It Birthed
Apr 9, 2020 at 20:00 UTCUpdated Apr 9, 2020 at 20:11 UTCBlock.one plans to start actively voting for EOS block producers sometime next month.The Cayman Island-based developer house announced Wednesday that, having watched EOS develop over the past two years, it now thinks the time is right for it to come off the sidelines and…
Cathie Wood’s ARK Invests in ProShares Bitcoin ETF After Dumping Grayscale Holdings
ARK Invest bought 4.3 million shares of ProShares Bitcoin Strategy ETF (BITO) yesterday after dumping its remaining holdings of the Grayscale Bitcoin Trust (GBTC).The ProShares stake is valued at $9.2 million based on closing prices. Cathie Wood's investment vehicle also sold $27.6 million worth of Coinbase (COIN) stock and bought 20,000 shares of the Ark
3 Insights on Crypto Derivatives and Risk From Veteran OTC Traders
feature For all the talk about liquidity, bitcoin and other crypto-assets are thinly traded. Investors that buy and sell large volumes can’t do so directly, without slippage, or a change in the price between order and execution. They turn to over-the-counter (OTC) desks to manage those trades, whether buying crypto for the first time, or…
Next Generation DeFi Platform M^ZERO Emerges from Stealth with $22.5M Funding Round
Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Ian Allison is an award-winning senior reporter at CoinDesk. He holds ETH.Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.M^ZERO, a new decentralized infrastructure layer for digital asset value transfer, has emerged from…