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Blockchain

Grayscale Moves to List Bitcoin Cash and Litecoin Trusts for OTC Traders

Grayscale Investments has announced that its digital asset funds Bitcoin Cash Trust and Litecoin Trust have cleared a regulatory hurdle in their march to begin being quoted on over-the-counter markets. Nikhilesh De contributed reporting Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by […]

Conflux Blockchain Announces Ecosystem Grants Program

Blockchain startup Conflux has announced its Conflux Ecosystem Grants Program, paid in the blockchain’s native CRX token, for building out the Conflux ecosystem, according to a release from the firm.  Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of […]

Why the Twitter Hack Was Good for Bitcoin (and It’s Not the Media Attention)

Every year has a handful of days that you’ll never forget. Sometimes for great reasons, sometimes for awful ones, and sometimes because a level of noise and action coalesces into an awareness that something big has shifted. Wednesday was one of those days, with the staccato of compromised Twitter accounts (including ours) escalating to reach […]

Social Media Is Democracy’s Faultline: The Breakdown Weekly Recap

From PayPal crypto confirmed to action in central bank digital currencies, these were six themes shaping the week. On this edition of the Weekly Recap, NLW explores: Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk […]

Third Centra Tech Founder Pleads Guilty to ICO Fraud

U.S. prosecutors have secured a guilty plea from Sohrab Sharma, a co-founder of the Centra Tech initial coin offering (ICO) fraud. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of […]

What Does the Twitter Hack Mean for Bitcoin? Crypto Reacts

For five hours, all of Twitter became Crypto Twitter. Yesterday, one of the biggest digital hacks in recent memory went down. A hacker, likely a Bitcoiner, gained access to Twitter’s administrative functions and began a crypto-scam campaign. Some of the world’s most notable accounts on the site started offering to double their investments if they […]

Twitter Breach Reactions: Security Professionals Offer an Early Assessment

All of Twitter went ablaze Wednesday afternoon as major crypto accounts started tweeting they had partnered with a phony site called “Crypto For Health” on a giveaway of 5,000 BTC. It was a scam, but one that was able to reach the biggest accounts on Twitter, including that of former President Barack Obama, the most […]

This New Coding Language Could Help Unlock Bitcoin’s Smart Contract Potential

Bitcoin Core contributor Jeremy Rubin has revealed his work on a new smart-contract language for Bitcoin, which he hopes will increase the “financial self-sovereignty” of users. Rubin demoed the new language, Sapio, on Saturday at a RecklessVR meetup presentation in virtual reality, with many audience members joining the talk in VR headsets. He plans to […]

Market Wrap: Stocks Make Gains While Bitcoin Sticks to $9,200

A bullish stock market left bitcoin behind Monday with the world’s oldest cryptocurrency trading flat. The absence of action in bitcoin is in contrast to the performance of global equities on Monday. Stocks across the world today:  “In recent trading sessions, bitcoin traded in a narrow range of $9,100-$9,200,” said Constantin Kogan, partner at cryptocurrency […]

Dogecoin, Market Manipulation and the Downside of a Coinbase IPO

This week saw a 125% rise in the price of dogecoin, a cryptocurrency based on a popular 2013 internet meme, created in the same year as both a parody and a “let’s see if this sticks” experiment. Much to even the founder’s surprise, it has not only survived, it has accumulated a loyal following. Clearly. […]

The Mixed Signals Economy: The Breakdown Weekly Recap

Jobless claims are down, coronavirus cases are up and the markets simply don’t know what to do. On The Breakdown’s Weekly Recap, NLW explores: The final tally on the TikTok Doge viral campaign  The growing geopolitical tension between China and the U.S. and where it’s manifesting  Positive economic indicators in reduced jobless claims Negative economic […]

Telegram’s Defeat Isn’t ‘Binding’ in Kik Case, Judge Tells SEC

Kik’s proverbial day in court may last a lot longer than Telegram’s. That’s the takeaway from a federal judge’s response to the U.S. Securities and Exchange Commission during a hearing in its case against messaging platform Kik over the company’s 2017 initial coin offering, which raised $100 million.  Judge Alvin K. Hellerstein, senior judge of […]