WeChat Eyes Blockchain for Faster Refunds of Company Expenses

Three weeks after being assured that everything was running smoothly, some customers of cryptocurrency exchange Bitfinex are wondering why they still can't withdraw their money. On Oct. 15, the cryptocurrency exchange published an announcement saying, "all cryptocurrency and fiat withdrawals are, and have been, processing as usual without the slightest interference." It continued, for emphasis, "all…

May 18, 2020 at 16:48 UTCUpdated May 18, 2020 at 17:36 UTCCredit: Stephane YAICH on UnsplashBlockchain Bites: a16z’s Cyclic Crypto Thinking and Grin’s Grim OutlookFalconX raised an inflation-adjusted equivalent to Facebook's 2005 Series A, Bakkt has unveiled $600 million in total insurance cover and Andressen Horowitz anticipates another age of growth. Crypto trading platform FalconX…

feature Blockchain analytics firm Elliptic partnered with the Massachusetts Institute of Technology (MIT) to publish a public dataset of bitcoin transactions associated with illicit activity. The group’s study detailed how researchers at the MIT-IBM Watson AI Lab used machine learning software to categorize 203,769 bitcoin node transactions worth roughly $6 billion in total. The research explored…

Jul 14, 2020 at 05:40 UTCUpdated Jul 14, 2020 at 06:00 UTCIRS form 1040, modified by CoinDesk using PhotoMoshKirk Phillips is an entrepreneur, certified public accountant (CPA) and author of “The Ultimate Bitcoin Business Guide: For Entrepreneurs & Business Advisors.” You need to be nimble to be a crypto tax professional. As the industry has…

Featured SpeakerChristy Goldsmith RomeroCommissionerU.S. Commodity Futures Trading CommissionExplore the policy fallout from the 2022 market crash, the advance of CBDCs and more.Cheyenne Ligon is a CoinDesk news reporter with a focus on crypto regulation and policy. She has no significant crypto holdings. Featured SpeakerChristy Goldsmith RomeroCommissionerU.S. Commodity Futures Trading CommissionExplore the policy fallout from the…

Dec 10, 2019 at 16:58 UTCUpdated Dec 10, 2019 at 16:58 UTCMARKETS DAILY: How Bitcoin Diversification Is Helping Traditional PortfoliosWith the market set for another down day, we're talking new data on Bitcoin diversification for traditional portfolios, taking a look at shifting tactics in the mining hardware industry, traditional bonds issued, then redeemed on the…

news Cryptocurrency donations to political parties received a thumbs up from Japan’s internal affairs and communications minister Sanae Takaichi at a press conference Tuesday. According to a report by local media Kyodo News and syndicated by Reuters, Takaichi said political donations in cryptocurrency do not have to be disclosed under the Political Funds Control Law,…

Apr 11, 2020 at 14:00 UTCPodcastsBitcoin Halving: How Miners are Preparing for Lower Block RewardsAs the latest Bitcoin halving approaches, miners are upgrading equipment, optimizing arrangements, conserving power and more in the race to dominate.Listen/subscribe to the CoinDesk Podcast feed for unique perspectives and fresh daily insight with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, IHeartRadio or RSS.How are bitcoin (BTC) miners strategizing…

Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Daniel Kuhn is a features reporter and assistant opinion editor for CoinDesk's Layer 2. He owns BTC and ETH.Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Franklin, a project developed internally at Web3…