Tron’s BitTorrent Acquisition Triggers String of Employee Exits
At least five BitTorrent employees have left BitTorrent due to disagreements related to its acquisition by Tron founder Justin Sun.
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Voyager Lawyers ‘Surprised’ Binance.US Canceled $1B Deal
“The debtors have been in constant contact and communication with Binance.US and as lately as this past Friday, Binance.US had expressed the desire to close the transaction as soon as possible,” Christine Okike of law firm Kirkland & Ellis, representing Voyager, told a bankruptcy court in the Southern District Court of New York, adding that…

US Homeland Security Taps Canadian Blockchain Firm to Track Oil Imports
news The U.S. Department of Homeland Security (DHS) is contracting Canadian enterprise blockchain firm Mavennet to build a cross-border oil tracking platform. Coming through DHS’s Science and Technology Directorate, and with initial funding from its Silicon Valley Innovation Program (SVIP), the $182,700 contract will see Mavennet retrofit its existing oil tracking platforms for use by…

Why Decentralized AI Is Gaining Steam
Almost exactly one year ago, I wrote a piece for CoinDesk called 10 Ways Crypto and AI Can Make Each Other Better (or Maybe Worse). At the time, the idea of “Crypto + AI” was still a novel concept. Even fringe. To many, AI development felt adjacent — at best — to the world of

Crypto Exchange Kraken is Considering Going Nuclear
Kraken is considering using nuclear energy as a power source for its data centers. The crypto exchange is looking to partner with energy providers that can supply small modular reactors. The company is exploring nuclear power options in North America and Europe. Kraken is considering using nuclear energy to power its data centers, amidst an

Former CFTC Chair Giancarlo: A Privacy-Protecting U.S. CBDC Could ‘Take Over the World’
Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Fran is CoinDesk's TV writer and reporter. Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.A U.S. central bank digital currency (CBDC) that protects privacy and is free of surveillance tools could set…

Project Libra: Everything We Know About Facebook’s Cryptocurrency
news The world’s biggest social media company appears dead-set on launching its own cryptocurrency. Facebook has yet to announce plans publicly but media reports on its crypto ambitions have emerged over the past six months, painting a partial picture of how the social network wants to capitalize on blockchain technology. In short, a team led by…

Bitcoin News Roundup for June 2, 2020
With the price of bitcoin briefly breaking above $10,000, CoinDesk’s Markets Daily is back! For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS. This episode is sponsored by Bitstamp and Ciphertrace A big short squeeze has taken bitcoin passed a major psychological hurdle – some think its the start of a breakout. Bitcoin…

Russia to Test Digital Ruble With Banks, Clients
Russia is set to broaden its digital ruble pilot by starting real-world tests with 13 banks next week, the country's central bank announced Wednesday.President Vladimir Putin signed the digital ruble law in July, while the central bank's pilot for the CBDC has been a while in the making. Russia – heavily sanctioned by the U.S.…