There’s a Huge Opportunity for Everyone in Crypto, It’s Called KYC/AML

news The University of Michigan, which has an endowment valued at about $12 billion, is considering further investing in Andreessen Horowitz’s crypto fund, a16z. According to a board of regents meeting agenda published on Tuesday, the university previously committed $3 million to Horowitz’s $300 million crypto fund in June 2018 and is now looking at…

news Nearly $1 million worth of ether (ETH) left QuadrigaCX and went to other cryptocurrency exchanges in December, the same month its CEO died, a CoinDesk review of public blockchain data shows. In a series of transactions sent from QuadrigaCX’s hot wallet (meaning one connected to the internet), more than 9,000 ETH moved from the…

opinion Michael J. Casey is the chairman of CoinDesk’s advisory board and a senior advisor for blockchain research at MIT’s Digital Currency Initiative. The following article originally appeared in Consensus Magazine, a custom-curated magazine delivered exclusively to Consensus 2019 attendees. Whatever transpires at this year’s Consensus conference, it’s safe to say it will be nothing like…

news The head of the U.S. House of Representatives Financial Services Committee wants Facebook to stop developing its new Libra cryptocurrency network – at least temporarily. Congresswoman Maxine Waters asked Facebook to halt development of the Libra Network until hearings can be held. The move follows a letter written to her by her Republican counterpart, Representative…

Apr 27, 2020 at 17:21 UTCUpdated Apr 27, 2020 at 17:30 UTCTron founder Justin Sun said access to the store would give users unfamiliar with blockchain exposure to the space. (Credit: CoinDesk archives)Samsung has added support for Tron-based dapps to its proprietary Galaxy Store, granting smartphone and tablet users in both Europe and the U.S.…

Jan 8, 2020 at 09:00 UTCUpdated Jan 8, 2020 at 09:04 UTCBaking image via ShutterstockA recent academic study says Tezos is threatened by "selfish mining," providing a valid threat model for other live and up-and-coming proof-of-stake (PoS) cryptocurrencies.That’s the finding from Selfish Behavior in the Tezos Proof-of-Stake Protocol, published last November by then-Harvard researcher and…

BLUE will be unveiled in July and will include user incentives such as airdrops and trading rewards. The DEX also received an undisclosed amount of investment from Flow Traders ahead of the token roll-out. 04:56 Binance Confirms BNB Chain Burns Over $575M in BNB Tokens 06:56 Get Started with DESK: How to Set Up Your

Hardware wallet maker Ledger has partnered with payments giant PayPal to allow users to buy crypto in its Ledger Live app through their PayPal accounts, the companies announced Wednesday.Ledger Live allows users to buy crypto with fiat currency and deposit tokens directly to the hardware wallet. With the integration of PayPal, users will now be…

news The price of bitcoin fell more than 10 percent during Thursday’s trading session as the cryptocurrency erased a large portion of its recent gains. At 6:00 UTC, bitcoin opened the trading hour at a price of $4,018, but fell to $3,748 before the hour was complete. After trading sideways until 16:00 UTC, the sell-off…