WATCH: The Joy of Blockchain

Zap founder Jack Mallers speaks at Bitcoin 2019 in San Francisco. (Jack Mallers)Bitcoin Startup Zap Is Working With VisaLightning developer and Zap, Inc. founder Jack Mallers announced Thursday his startup’s Strike product, which allows people to receive bitcoin as dollars via direct bank deposits, is finally entering public beta. A Visa card is also in…

In this episode, Anna Baydakova, Tanzeel Akhtar and Danny Nelson discuss what the GameStop stock market chaos can teach crypto, why the Bank of International Settlements is pitching central bank digital currencies (CBDC) instead of crypto, and the privacy concerns around China’s digital yuan.The big story for the week involves the Reddit-based trading community called…

Dec 2, 2020 at 12:00 p.m. UTCUpdated Dec 2, 2020 at 12:44 p.m. UTCXRP Led November’s Crypto Bull Run With 169% GainAs bitcoin dominated headlines in November with its rally toward an all-time high, one of the most prominent alternative cryptocurrencies, XRP, quietly jumped 169% during the month to top the performance rankings among digital…

news CoinDesk will be visiting Buenos Aires tomorrow and we’d love to meet some of our readers for an informal gathering on Friday, August 16 at 6pm. We will meet at AvantGarten, Av. Del Libertador 3883.We’re happy to pick up a few beers and a little food for the group but it sadly won’t be…

news Korea Prepaid Card has made an investment in Singapore-based Bezant, becoming the blockchain developer’s second largest shareholder. First revealed in an announcement on Bezant’s website, the terms of the deal were not disclosed. Since April 2019, Bezant has been offering Blockchain-as-a-Service (BaaS) using Hyperledger Fabric technology. It also has a cryptocurrency of its own, BZNT,…

Crypto exchange OKX burned over $258 million worth of its okb (OKB) tokens from March to May in a planned move, sending the token higher as the broader crypto market remained little changed.“In this round, the total number of OKB bought back and burned from the secondary market was 5,497,312.77 OKB” OKX said in its…

news LedgerX executives claim the U.S. Commodity Futures Trading Commission (CFTC) is treating them unfairly – because of a blog post. According to two letters obtained by CoinDesk via a Freedom of Information Act (FOIA) request, LedgerX believes former CFTC Chairman J. Christopher Giancarlo was personally biased against the company, and improperly used his position…

TrueUSD (TUSD) stablecoin had a small amount of funds at a U.S. depository institution that was ordered to halt withdrawals, according to the token’s reserve report.Attestation provider The Network Firm’s examination revealed on June 23 that $26,434 worth of TUSD backing assets “were held at a U.S. depository institution which has communicated to customers that…

Jan 7, 2021 at 11:27 a.m. UTCUpdated Jan 7, 2021 at 11:29 a.m. UTCCME Becomes Biggest Bitcoin Futures Exchange as Institutional Interest RisesChicago Mercantile Exchange (CME) has taken the prime spot on the list of the biggest bitcoin futures trading platforms, indicating a continued rise in institutional participation.With an open interest of $2.1 billion, the…