Judge Denies Effort to Move XRP Investor Lawsuit to Lower Court
A district judge has slapped down an investor’s effort to move a lawsuit against payments firm Ripple to a lower court.
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SEC Clears Blockchain Gaming Startup to Sell ‘Quarters’ Tokens
news The U.S. Securities and Exchange Commission has issued a no-action letter to Pocketful of Quarters (PoQ), a gaming startup looking to issue tokens on the ethereum blockchain. PoQ may legally sell its Quarters tokens to consumers without registering them as securities, the SEC Division of Corporation Finance wrote in its second no-action letter to…

Blockchain Project Thundercore Releases Code for ‘Pala’ Consensus Protocol
news Public blockchain platform provider ThunderCore has just released proof-of-concept code for a new consensus protocol, dubbed Pala, on GitHub. According to Elaine Shi, chief scientist for ThunderCore, the work represents “a dream consensus protocol.” As stated on the newly released GitHub page: “Pala is a byzantine fault tolerant consensus protocol…It can achieve low latency…

Researchers Discover Huge Crypto Scam Botnet on Twitter
Researchers have uncovered a large botnet that mimics legitimate accounts on Twitter to spread a cryptocurrency "giveaway" scam.

MARKETS DAILY: 2020 Could See First Central Bank Digital Currencies
Dec 9, 2019 at 16:54 UTCUpdated Dec 9, 2019 at 17:30 UTCMARKETS DAILY: 2020 Could See First Central Bank Digital CurrenciesWith today's markets mostly down, we're talking bitcoin's first golden cross in more than three years, "Central Bank Digital Currencies" and a behind-the-scenes look at internal Telegram communications exposed by the SEC.Tune in as CoinDesk…

Market Wrap: Bitcoin Rebounds to $10.5K; Stablecoin Market Cap ‘Goes Parabolic’
CoinDesk 20 Bitcoin Price IndexMarket Wrap: Bitcoin Rebounds to $10.5K; Stablecoin Market Cap ‘Goes Parabolic’Bitcoin has performed well in the face of a bleak news cycle while stablecoin assets in the crypto ecosystem continue to grow.Bitcoin (BTC) trading around $10,515 as of 20:00 UTC (4 p.m. ET). Slipping 0.44% over the previous 24 hours.Bitcoin’s 24-hour…

CME Seeks to Double Monthly Bitcoin Futures Open Position Limit to 10K BTC
news The Chicago Mercantile Exchange (CME Group) wants to let bitcoin futures traders hold a greater number of open positions at one time. CME announced its intention to increase in the so-called spot month position limit for its bitcoin futures contracts in a letter to the U.S. Commodity Futures Trading Commission (CFTC) Thursday. The limit…

Nigeria’s SEC Mulls Allowing Tokenized Equity, Property But Not Crypto: Bloomberg
Sandali Handagama is a CoinDesk reporter with a focus on crypto regulation and policy. She does not own any crypto.Nigeria’s Securities and Exchange Commission is considering allowing tokenized coin offerings backed by equity, debt or property but “not crypto,” on licensed digital asset exchanges, Bloomberg reported Monday.“We always like to start, as a regulator, with…

Crypto Wants Stronger Public Response to Coronavirus, CoinDesk Survey Shows
Apr 2, 2020 at 10:00 UTCSurveyCrypto Wants Stronger Public Response to Coronavirus, CoinDesk Survey ShowsIn times of crisis, people look to their government – or, at least, they want to. They may not have actual faith in the state’s capacity against a pandemic. But many of us want to believe there's someone with a higher plan. Coronavirus…