Coinbase Charts Course For Institutional Crypto Products
The biggest cryptocurrency exchange in the U.S. just set up its core principles for its institutional financial products.
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The GameStop Stop Is Not a Technology Problem
Robinhood didn't halt GameStop trading to punish retail players. It reacted to market risk. And, no, blockchain wouldn't have fixed this.(Dwight Burdette/Wikimedia Commons)Jan 29, 2021 at 9:34 p.m. UTCUpdated Jan 29, 2021 at 10:05 p.m. UTCThe GameStop Stop Is Not a Technology ProblemYou may have heard: Yesterday, amid an enormous rally in the stock and…

Union Labs Plans Polygon-to-Cosmos Bridge with New AggLayer Integration
Union Labs, a project focused on blockchain interoperability, plans to integrate with AggLayer, a decentralized service rolled out earlier this year by the developer Polygon Labs that allows for the sharing of liquidity among connected networks.The deal is notable because it could deepen the links between Polygon, one of the biggest Ethereum scaling networks, and

Enigma Delays Release of ‘Discovery’ Protocol on Ethereum Mainnet
Engima, the startup seeking to bring privacy to the world of public blockchains, is delaying the launch of its mainnet as part of a wider reworking of its developmental roadmap. The company had previously planned to deploy its "Discovery" protocol on the live ethereum network or "mainnet" – it launched on an ethereum "testnet" over the…

‘Up to 100 Million’ Paxos Stablecoins to Be Issued on Ontology Blockchain
news Ontology is to launch the Paxos Standard (PAX) stablecoin, a cryptocurrency backed 1:1 with U.S. dollars, on its blockchain. The launch will make it easier for individuals and businesses using Ontology’s ONT token to transact in fiat-pegged tokens, Ontology announced Friday. The firm told CoinDesk that it plans to add up to 100 million PAX…

Sam Altman’s Eye-Scanning Orbs Can Now be Summoned ‘Like a Pizza’, Say Worldcoin Execs
Sam Altman's Worldcoin project is chopping its name in half and debuting a faster, simpler "Orb" to scan the irises of billions of people. Now known simply as "World," the project's long-term goal remains the creation of an identity-verification system that lets people "prove their humanity" anonymously online. To get there it has already debuted

MARKETS DAILY: Billion Dollar Returns Removed From Libra White Paper
Dec 12, 2019 at 16:46 UTCUpdated Dec 12, 2019 at 17:49 UTCMARKETS DAILY: Billion Dollar Returns Removed From Libra White PaperWith markets mixed, we're hunting for billion dollar returns and the Libra Investment Token in a major revision to the Libra white paper. Tune in as CoinDesk podcasts editor Adam B. Levine and senior markets…

Drug Dealer Just Sentenced to 25 Years Hoped to Build a Better Bitcoin Miner
Jun 12, 2020 at 17:45 UTCUpdated Jun 12, 2020 at 18:19 UTCCredit: Shutterstock/Modified Using PhotoMoshDrug Dealer Just Sentenced to 25 Years Hoped to Build a Better Bitcoin MinerPaul Calder Le Roux, an admitted drug dealer with a background in encryption, planned to build a bitcoin miner had he beaten the rap. In a last-ditch attempt…

Crypto Foe and SEC Chair Gary Gensler Will Quit When Trump Takes Office
U.S. Securities and Exchange Commission Chair Gary Gensler — a frequent foe of the cryptocurrency industry — said he will fully leave the agency the day Donald Trump becomes president in January. He's not just stepping down as head of the main U.S. securities regulator. He will also not stick around as a commissioner, meaning