In Wargaming Exercise, a Digital Yuan Neuters US Sanctions and North Korea Buys Nukes

The cryptocurrency market has been making history for all the wrong reasons as of late, most notably by recently surpassing the plunge of the infamous Dot-Com bubble in the early 2000's. With that said, cryptocurrencies tend to make recoveries when all hope is seemingly lost, and today's price action of the world's second largest cryptocurrency,…

Cybersecurity experts at Japan Digital Design, a subsidiary of Mitsubishi UFJ Financial Group (MUFG), say they've found possibly revealing information on the bad actors behind the $60 million hack of Japanese crypto exchange Zaif. The company announced in a press release Monday, that it has been investigating the outflow of funds from Zaif since soon…

news Millions of tokens have been stolen from the Fusion Foundation, the non-profit tasked with maintaining the network of the same name. In a blog post, the foundation said one of its wallets, containing 10 million of the Fusion Network’s native FSN tokens and 3.5 million ERC-20 FSN tokens had been drained Saturday. The thief’s…

Dec 2, 2020 at 7:36 p.m. UTC4 Charts Showing Why Bitcoin Is an Alternative Risk AssetBitcoin is a risk-asset rather than a safe haven. Similar to equities, bitcoin experienced a strong rebound this year as central banks unleashed an unprecedented amount of global liquidity. On the other hand, traditional safe haven assets, such as fixed…

feature Simon Johnson is a Ronald A. Kurtz Professor of Entrepreneurship, MIT Sloan School of Management. The following article originally appeared in Consensus Magazine, distributed exclusively to attendees of CoinDesk’s Consensus 2019 event. The promise and potential of bitcoin as a technology is frequently described in terms of a platform. On top of bitcoin’s permissionless…

Nov 20, 2020 at 5:35 p.m. UTCBitcoin "whales" have been known to make waves in the market. (National Gallery of Art, modified by CoinDesk)First Mover: Bitcoin ‘Rich List’ Grows as Whales HODL and Price Retakes $18KBitcoin reached fresh 35-month highs above $18,400 during the European trading hours.  The cryptocurrency has failed to keep gains above…

markets View Bitcoin fell more than 1 percent yesterday, confirming a bearish divergence of the 14-day relative strength index, an early sign of bearish reversal. BTC risks falling to levels below $5,000 in the next few days. A strong bounce from the crucial 30-day moving average (MA), currently at $4,969, would revive the short-term bullish…

The U.S. Department of Justice informed a federal judge that it did "not intend to proceed" with a campaign finance charge against FTX founder Sam Bankman-Fried after consulting with The Bahamas over whether it was included in an extradition document last year.The DOJ originally indicted Bankman-Fried on eight different counts near the end of 2022.…

Bitcoin broke above the $38,000 level in Asian morning hours on Wednesday as hopes around a spot exchange-traded fund (ETF) approval were revived earlier this week, and traditional market watchers expected rate cuts.Solana’s SOL tokens led gains among layer-1, or base, blockchains, jumping some 8% in the past 24 hours to reverse losses from the