NFL Players Union Strikes Deal to Help Athletes Earn Crypto
The National Football League Player’s Association is partnering with a blockchain startup to help its athletes license products in return for tokens.
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Crypto Trading Firm Wintermute Plugs Into CoinRoutes Smart-Order Routing System
Featured SpeakerAlex ThornHead of Firmwide ResearchGalaxyHear Alex Thorn share his take on "Bitcoin and Inflation: It’s Complicated” at Consensus 2023.Bradley Keoun is the managing editor of CoinDesk's Tech & Protocols team. He owns less than $1,000 each of several cryptocurrencies. Featured SpeakerAlex ThornHead of Firmwide ResearchGalaxyHear Alex Thorn share his take on "Bitcoin and Inflation:…

Sam Bankman-Fried Used Mackerel to Pay For a Haircut in Brooklyn Detention Center: WSJ
Bankrupt crypto exchange FTX founder Sam Bankman-Fried is adjusting to life behind bars where mackerel has replaced cigarettes as currency, the Wall Street Journal (WSJ) reported on Thursday.With smoking now banned, the age-old practice of paying for certain goods and services with cigarettes in prisons has given way to trading preserved fish. Bankman-Fried traded some

Ex-CFTC Advisor: Facebook’s Libra Could Be Both Security and Commodity
news “Is it a security? Is it a commodity pool? Is it a payment token? Is it a utility token? It’s a particularly important question … not just domestically, but also internationally.” So said Jeff Bandman, a former fintech advisor at the U.S. Commodity Futures Trading Commission (CFTC), speaking to CoinDesk about Facebook’s Libra cryptocurrency…

Tencent to Build Virtual Bank After Hong Kong Regulator Approves License
news Chinese internet giant Tencent is set to open a blockchain-based virtual bank after the Hong Kong Securities and Futures Commission (SFC) approved a new license. Speaking at the World Blockchain Summit in Wuzhen, China on Friday, Tencent blockchain chief Yige Cai said the company’s virtual bank received the SFC’s green-light. Moving forward, the company will…

Tether Plans to Develop UAE Dirham-Pegged Stablecoin Alongside Phoenix Group
The largest stablecoins are all pegged to the U.S. dollar, while those linked to other currencies are comparatively small. The central bank's licensing framework for dirham stablecoins could give them a boost, especially given the reputations of Dubai and Abu Dhabi as crypto hubs. Tether, the developer of the world's largest stablecoin, said it plans

Protocol Village: Matter Labs, iCandy Plan New ‘Hyperchain’
Jan. 18: Matter Labs and iCandy, a game developer in Southeast Asia, announced a strategic collaboration that will see the joint commitment and allocation of resources to the development of a dedicated zkSync gaming and AI-focused hyperchain, to be called zkCandy. According to the team: "The hyperchain will have gaming and AI-specific tools, decentralized gaming

BIS: CBDC Research Gaining Steam but Widespread Issuance Years Away
Central banks remained adamant private stablecoins do not factor into their CBDC calculus.BIS headquarters in Basel(Shutterstock)Jan 27, 2021 at 8:01 p.m. UTCUpdated Jan 27, 2021 at 8:31 p.m. UTCBIS: CBDC Research Gaining Steam but Widespread Issuance Years AwayThe monetary revolution will be digitized … but for the vast majority of earthlings likely not anytime soon,…

The Right Way to Do Blockchain Consortiums
Randy Wilson is a partner in Digital Risk at Deloitte. —————— 2019 will be the year the rubber meets the road for blockchain consortia. If 2017 was a buzzy time that saw a number of successful proofs-of-concept launch, 2018 was a more sedate period when the lawyers got together to develop the framework under which…