Crypto Exchange Coinbase Suspends Algorand Staking Rewards

Jul 15, 2020 at 15:29 UTCArthur Hayes, CEO of BitMEX, at CoinDesk Consensus 2018 (ConiDesk archives)BitMEX Derivatives Exchange Operator Rebrands to ‘100x’HDR Global Trading, parent company of derivatives trading platform BitMEX, has undergone a perhaps controversial rebranding. In a Wednesday company blog post, BitMEX/HDR founder and CEO Arthur Hayes announced the parent entity now has…

Jul 7, 2020 at 11:01 UTCUpdated Jul 7, 2020 at 11:04 UTCBinance CEO Changpeng Zhao. (CoinDesk archives) Exchange goliath Binance has acquired crypto wallet app Swipe.io that allows users to purchase items via a Visa debit card. Swipe users can purchase cryptocurrencies from within the app and the debit cards automatically convert stored cryptocurrency into…

Stablecoin issuer Tether reported a "record-breaking" $2.85 billion of profits last quarter as its flagship token USDT neared a $100 billion market capitalization.The latest quarterly attestation reported Wednesday showed some $1 billion of the profit came from the interest earned on the company's vast U.S. Treasury, reverse repo and money market fund investments, which are

In this episode, Christine Kim and Will Foxley discuss with David Hoffman, the co-founder of Bankless, the market implications of a dual Ethereum blockchain and what new realities staking presents to the long-term value proposition of ether. According to Hoffman’s “Ether as a triple-point asset” thesis, Ethereum 2.0 bolsters ether’s value proposition as a capital…

Dec 24, 2020 at 8:00 a.m. UTCHere Comes the Open Lending EraIn 2020 we finally saw some of the nearly decade-long blockchain hype fulfilled and the legitimate building blocks of a next-generation banking system emerge. Open finance, and specifically open lending, has exploded to well over $10 billion this year. This growth has catalyzed a new…

opinion To paraphrase Mark Twain, rumors of the nation-state’s demise are greatly exaggerated. The exits of Mastercard, Visa, Paypal and four other firms from the Libra consortium came after France and Germany moved to block the global “stablecoin” cryptocurrency project and after U.S. lawmakers delivered stern warnings to Libra members. This was more than a…

Nov 11, 2020 at 4:20 p.m. UTCUpdated Nov 11, 2020 at 4:36 p.m. UTCBridgewater’s Dalio Sees Governments Banning Bitcoin Should It Become ‘Material’Ray Dalio, the founder and co-Chairman of Bridgewater Associates, the world’s largest hedge fund, said he sees three main problems with bitcoin and other cryptocurrencies that will limit their future, including that governments…

A typical day for David Theodore, a security researcher at the Ethereum Foundation, often starts with him checking to see if there were any crashes on Ethereum, the world’s largest smart-contracts blockchain.After that, he and his colleagues set about trying to break it themselves.“Our goal is to break things hopefully before anyone else breaks them

Oct 20, 2020 at 17:07 UTCUpdated Oct 20, 2020 at 17:10 UTCTop 10 bitcoin pairs by 24-hour volume ‘Garbage’ Market Data Is Holding Bitcoin Back: MicroStrategy CEOMicroStrategy CEO Michael Saylor strongly criticized widely distributed bitcoin markets data as “garbage” and said it severely misrepresents of his own experience with the market’s real liquidity after investing in…