Coinbase Argues an Arbitration Case in U.S. Supreme Court as Crypto Makes Its Debut
In Tuesday’s case, Coinbase Inc. v. Bielski, customer Abraham Bielski had initially accused Coinbase of lax protections when a scammer stole $31,000 from his account. A court found that he could go ahead and pursue that complaint in the courts, which Coinbase appealed. When the matter kept moving in court, the company argued its appeal should have stopped it.
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MakerDAO Is Now ‘Sky’ as $7B Crypto Lender Rolls Out New Stablecoin, Governance Token
The new USDS stablecoin and SKY governance token will be available on Sept. 18 with a new DeFi application to interact with the protocol. The protocol's established tokens DAI and MKR will remain in circulation unchanged, and users can decide voluntarily to exchange. The changes are part of the protocol ongoing overhaul called Endgame. 02:25

Former FTX Exec Ryan Salame Asks for Lenient 18 Months in Prison
Attorneys for former FTX executive Ryan Salame are asking for 18 months in prison, citing his cooperation with authorities and remorse.They argue that Salame wasn’t involved in the core fraud perpetrated by Bankman-Fried’s inner circle.Attorneys for Ryan Salame, a former FTX executive who pled guilty to election fraud charges in September, are asking the court
Bitcoin Flounders Ahead of Friday Jobs Report That Might Push Fed to Slash Rates by 50 Basis Points
The U.S. government tomorrow will release its Nonfarm Payrolls Report for the month of August in what will be one of the final economic data points for the Federal Reserve to ponder prior to its rate-setting meeting later this month. Economists are forecasting the U.S. to have added 160,000 jobs in August, up from July's

China’s ‘Credit Impulse’ Is Picking Up. Here’s Why It Matters to Bitcoin
Featured SpeakerAlex ThornHead of Firmwide ResearchGalaxyHear Alex Thorn share his take on "Bitcoin and Inflation: It’s Complicated” at Consensus 2023.Omkar Godbole is a Co-Managing Editor on CoinDesk's Markets team.Featured SpeakerAlex ThornHead of Firmwide ResearchGalaxyHear Alex Thorn share his take on "Bitcoin and Inflation: It’s Complicated” at Consensus 2023.While the U.S. Federal Reserve (Fed) maintains its…

Night of the Living HODLers: Halloween 2018’s Best Crypto Costumes
The cryptocurrency and blockchain communities got into the Halloween spirit this week – and as shown on social media, more than a few people went out in style. Last year saw costume takes such as "Bitcoin Bubble Boy" and a real-life private key, and that kind of imaginative spirit was on full display for 2018. This…

Litecoin’s Halving Is Months Away, But Traders May Already Be Pricing It In
markets Litecoin has rallied sharply in the first six weeks of 2019, triggering speculation that investors may be pricing in a supply reduction that’s scheduled to occur in August. The world’s fourth largest cryptocurrency by market capitalization is currently trading at $44, having clocked a high of $47 last week. At that price, LTC was…

Meeting Binance CEO Richard Teng
Yesterday, CoinDesk was lucky enough to sit down with Richard Teng, the new CEO of Binance. It was a chance for us to meet with the man entrusted to run the world’s biggest crypto company at a fascinating time. Teng, a former regulator, was appointed last year as Binance reached a $4.3 billion settlement with

Bitcoin May Be Building for Move as Price Volatility Nears 5-Month Low
markets View Bitcoin’s price volatility, as represented by Bollinger bandwidth, has hit the lowest level since May 3, and is closing on a level seen ahead of violent price swings in the past. While technical charts are increasingly favoring a downside move, bitcoin’s non-price metrics continue to call a bullish move, which, so far, has…