Coinbase Goes Down as Bitcoin Nears $17K

opinion Justin Wales is senior counsel and co-chairs the Blockchain and Virtual Currency practice at Carlton Fields. ——— No one seems to know what to do about bitcoin. Since its genesis, regulators and courts around the world have struggled with whether to and how to regulate it. Depending on where you are in the United…

May 26, 2020 at 11:41 UTCUpdated May 26, 2020 at 11:42 UTCBitcoin moved back over $9,000 earlier on Tuesday alongside signs of an improved risk appetite in the traditional markets.  Prices rose to a high of $9,010 at 08:05 UTC, but quickly fell back below $8,900, pouring cold water over excitement generated by Monday’s 2.3%…

Less than a week after its high-profile split from blockchain lending platform Aave, crypto risk manager Gauntlet announced Tuesday that it's teaming up with Morpho, a rival decentralized lender.Under the new plan, Gauntlet will create its own lending products – relying on a direct competitor to Aave called MorphoBlue, a service launched by Morpho in

Ethereum developers met Tuesday to compare research on the eventual merge of Eth 1.x and Eth 2.0((IhorM/Shutterstock))Feb 3, 2021 at 12:33 p.m. UTCUpdated Feb 3, 2021 at 12:39 p.m. UTCValid Points: CoinDesk’s Ethereum 2.0 Validator Is Officially StakedAfter two months of hard work, time and effort, we’re pleased to say the CoinDesk Ethereum 2.0 validator…

Mar 6, 2020 at 14:16 UTCUpdated Mar 6, 2020 at 14:43 UTCOKCoin has named its chairman, Hong Fang, as the cryptocurrency exchange's new chief executive. Announced Friday, Fong, who also serves as the company’s chief operating officer, will replace current chief executive Tim Byun from March 31. She will lead an effort to further develop the…

Connor is CEO and Co-Founder of Truvius, an investment platform bringing systematic, theme-driven portfolios to digital assets.Max is a Co-Founder and the COO/CFO at Truvius, an investment platform bringing systematic, theme-driven portfolios to digital assets.Digital asset investment management stands to benefit greatly from the techniques and lessons learned in traditional finance. From portfolio construction methodologies…

Texas recently revised estimates of how much capacity its grid will need, citing demand from AI and bitcoin mining.The political climate towards these two industries is souring because of increased energy demands, while Trump is doubling down on his support for mining.Texas' grid will soon need to dramatically expand to meet growing demand from bitcoin

The top Republican candidate dropped out of the U.S. House of Representatives speaker race, leaving Republicans in turmoil and crypto legislation in uncertainty.As long as the role goes unfilled, House Financial Services Committee Chairman Patrick McHenry can't pay attention to crypto, because he was picked as acting speaker.Republicans in the U.S. House of Representatives are

Elizabeth Napolitano is a news reporter at CoinDesk. Sui, the buzzy layer 1 blockchain boasting a $2 billion valuation, launched its mainnet on Wednesday as it jockeyed to edge out rival Facebook-offshoot Aptos and other decentralized finance (DeFi) heavyweights.The token trades at $1.33 at press time, a significant rise from the pre-sale price of $0.03…