New York Finance Watchdog ‘Fiercely Opposes’ Sandboxes for Fintech Firms

DraftKings tapped Polygon for its marquee non-fungible token (NFT) release with Tom Brady’s Autograph back in August.Now the sports betting giant is going all-in on the Ethereum layer-2 solution with a partnership that could make it one of the blockchain’s largest governors.DraftKings, valued at nearly $20 billion on the public market, is planning to use…

Jan 24, 2020 at 09:00 UTCHarry Halpin image via CoinDesk Video.In this video from the WEF 2020, Nym Technologies CEO Harry Halpin speaks to CoinDesk's Leigh Cuen in Davos, Switzerland, about the World Economic Forum, privacy and the future of blockchain. Halpin pulled no punches when it came to describing the scene at Davos."I do…

Sam Bankman-Fried’s lawyers have appealed a judge’s decision to send him to jail while he is waiting to start trial over several allegations tied to the collapse of his former crypto exchange FTX on October 3, Reuters reports.U.S. District Judge Lewis Kaplan, who will oversee the entire trial that will take place in the U.S.…

21Shares, a provider of crypto exchange-traded products (ETP), introduced a way of gaining exposure to Lido DAO, offering traditional investors single asset exposure to the largest participant in the liquid-staking ecosystem.According to the Switzerland-based company’s issue-specific summary, “21Shares Lido DAO ETP (LIDO) is a non-interest bearing, open-ended security. Each series of the product is linked…

The U.S. Department of Justice thinks FTX founder Sam Bankman-Fried’s proposed jury questions are “unnecessarily intrusive” and may be intended to support his defense.Bankman-Fried and the DOJ both proposed voir dire questions earlier this week, ranging from standard queries about whether potential jurors were familiar with the case to more specific questions about whether they

Steve McQueen is racing into Web3 through a new non-fungible token (NFT) collection honoring his love of motorcycles and his reputation for being the "king of cool."On July 14, the McQueen Estate – in partnership with Web3 talent agency Verified Labs, contemporary artist Michael Kalish, Triumph Motorcycles and Web3 animation studio Immersive Entertainment Laboratories (IEL)…

CoinDesk 20 Bitcoin Price IndexMarket Wrap: Bitcoin Jumps to $14.2K; Ethereum Gas Usage Grows 113% YTDBitcoin is making gains during the U.S. presidential election uncertainty while Ethereum’s gas data is highlighting a DeFi decline.Bitcoin (BTC) trading around $14,061 as of 21:00 UTC (4 p.m. ET). Gaining 2.2% over the previous 24 hours.Bitcoin’s 24-hour range: $13,545-$14,232BTC…

news IBM has announced two separate projects that aim to track supply chains for the metals industry using the Hyperledger Fabric blockchain platform. One is designed to track cobalt traveling from a mine in the Democratic Republic of Congo to a Ford Motor Company plant, while the other seeks to monitor the shipping of metals…

Jan 4, 2021 at 9:06 a.m. UTCEther prices over the last 24 hours(CoinDesk 20)Ether Price Passes $1,150 to Hit Highest Since January 2018Ether, the native cryptocurrency of the Ethereum network, chalked up fresh multi-year highs early on Monday after a double-digit rally last week.At around 06:35 UTC, ether, the second-largest cryptocurrency by market value, reached…