For Wall Street, Bitcoin ETF Decision Could Answer ‘$1 Billion’ Question

Aug 19, 2020 at 09:03 UTC(BLueFiSH.as/Wikimedia Commons)The yield-farming craze continues: investors have poured $200 million into a meme coin that’s barely 12 hours old, has no public figurehead, or any audited code. Spaghetti Money offers staking pools in several DeFi tokens, including yEarn (YFI), Maker (MKR), and Compound (COMP).Having only launched ten hours ago, investors…

Four months after first announcing the creation of a dollar-backed stablecoin, cryptocurrency finance firm Circle is releasing it to the world. Circle co-founders Sean Neville and Jeremy Allaire wrote in a blog post Wednesday that its USD Coin (USDC), developed with help from the company's CENTRE affiliate consortium, would act as a mean to tokenize…

Ether (ETH) holders are sending assets to crypto exchanges at the fastest pace in almost four months following the crypto's rally on increasing anticipation of a U.S. spot exchange-traded fund approval.Blockchain data by Nansen Intelligence shows Tuesday net inflows to exchanges reached 81,840 ETH worth roughly $306 million at current prices, the highest amount in

Claudia Sheinbaum is the first woman to be elected the president of Mexico.Sheinbaum's party has not proposed a comprehensive policy for crypto, but has imposed a 20% tax on crypto gains and reflected a focus on regulating blockchain.Mexico City’s former mayor, Claudia Sheinbaum, was elected president of Mexico to become the first woman to hold

Blockchain network Elastos is introducing BeL2, a Bitcoin layer-2 network, in a move that could capture billions of dollars in bitcoin (BTC) volumes from staking tools offered on the new platform.BeL2 will allow more sophisticated bitcoin transactions than the base Bitcoin blockchain, including smart contracts and irreversible digital agreements, Elastos developers told CoinDesk. The smart

The Texas State Securities Board entered an emergency cease-and-desist on Tuesday against a cloud mining company based in Australia that it said was selling unregistered securities. In the order, Texas securities regulators claim that Automated Web Services Mining (otherwise known as AWS Mining), AWS Mining PTY LTD., a number of of AWS Mining's officers, crypto…

On Thursday, September 6, the Fresno Division of the U.S. District Court for the Eastern District of California concluded a 14-month-long civil forfeiture case to seize assets and property that belonged to Alexandre Cazes, the Canadian national who committed suicide by hanging in Thai prison last summer – days after being arrested on suspicion of…

Donald Trump announced that his family's cryptocurrency project, World Liberty Financial, will launch on September 16. The project aims to move away from traditional banking by embracing cryptocurrencies. 02:15 "Inside Trump's Crypto Project; Ripple's Upcoming Stablecoin To Launch in 'Weeks': Garlinghouse " 02:13 Crypto and the Election: All You Need to Know Ahead of November

Feb 26, 2020 at 16:28 UTCLex Sokolin, global fintech co-head at ConsenSysSoftware Ate the World, Here’s How It Eats FinanceLex Sokolin, a CoinDesk columnist, is Global Fintech Co-Head at ConsenSys, a Brooklyn-based blockchain software company. He also writes the Future of Finance newsletter. I’ve got a simple, modest goal. Let’s move $15 trillion of global…