Helping you make wiser investment decisions


Legacy Trust’s Crypto Spin-Off Receives $3M to Roll Out Asian Settlement Platform

An Asian digital assets custodian, which is building a crypto settlement layer to offer a local alternative to Silvergate Bank, has announced a new lead investor ahead of its coming launch. Hong Kong-based First Digital Trust (FDT) announced Monday it had received a $3 million investment from Taiwanese venture studio firm Nogle. The funding will […]

How Blockchain Can Be Used to Promote Gender Equality

Denelle Dixon is the CEO and Executive Director of the Stellar Development Foundation, a non-profit organization that supports the development and growth of Stellar, an open-source blockchain network that connects the world’s financial infrastructure. Previously, she was the COO of Mozilla, and served as general counsel and legal advisor in private equity and technology. Blockchain […]

Leader to Watch: Elena Giralt Talks Zcash and Feminism

CoinDesk reporter Leigh Cuen is joined by Elena Giralt, the Electric Coin Company’s product marketing associate known for her research on cryptocurrency usage in Latin America, to talk about how digital assets can subvert power dynamics. According to the Brookings Institute, roughly 4.6 million Venezuelans have fled the country so far, which the United Nations High Commissioner […]

Crypto Exchange OKCoin Appoints New CEO to Drive US Expansion

OKCoin has named its chairman, Hong Fang, as the cryptocurrency exchange’s new chief executive.  Announced Friday, Fang, who also serves as the San Francisco-based company’s chief operating officer, will replace current Chief Executive Tim Byun as of March 31. She will lead an effort to further develop the firm’s crypto trading products for customers in […]

How the Bitcoin Market Changed Since 2017’s Bull Run

Although the bitcoin market’s recent volatility may feel familiar to industry veterans, the circumstances are very different in 2020 than they were when bitcoin (BTC) surged to nearly $20,000 in late 2017. Namely, there’s now Wall Street infrastructure for sophisticated bitcoin trading and holding, from Fidelity Investments to Bakkt. For another example, the brokerage startup […]

CoinDesk’s Statement on Coronavirus and Blockchain Week NYC

As we all look ahead to Consensus 2020 and Blockchain Week NYC, we wanted to share the following updates with you regarding the recent spread of the COVID-19 virus.  As of today, CoinDesk is moving forward as planned with Consensus 2020 and Blockchain Week NYC, but we will be monitoring the situation on a daily […]

NBA Player Spencer Dinwiddie Taps Broker-Dealer in Push to Tokenize Sports Contracts

An initiative by National Basketball Association (NBA) player Spencer Dinwiddie to tokenize the value of professional athletes’ contracts has engaged a specialist investment bank to manage an upcoming offering. DREAM Fan Shares (DFS) announced Tuesday it has brought in New York-based Tritaurian Capital, a FINRA-registered investment bank and broker-dealer providing specialized private placement expertise, to […]

Lloyd’s Backs New Crypto Hot Wallet Insurance Scheme From Coincover

Insurance giant Lloyd’s of London is backing a new policy protecting cryptocurrency held in online wallets against theft from hacks. Provided by Coincover, a crypto “lifestyle” service provider, the insurance is underwritten by Lloyd’s insurance syndicate Atrium, Coincover announced on Sunday. The liability policy is said to be a new type of insurance with a […]

Coronavirus Impacts on Bitcoin (And the IRS’s Dumb Singularity)

The best Sundays are for long reads and deep conversations. Earlier this week the Let’s Talk Bitcoin! Show gathered to discuss Coronavirus and its potential impacts or disruptions to the decentralized world of bitcoin. Later, we hear from correspondent George Ettinger about the indications of a “Dumb Currency Singularity” taking place at the IRS right now (also […]

New Twitter Investor May Remove Bitcoin Advocate Jack Dorsey as CEO

Elliott Management Corp. – an activist investor owned by billionaire Paul Singer – has plans to shake up the management at Twitter. As reported by Bloomberg on Saturday, Elliott has taken a large stake in the social media messaging platform and, according to “people familiar with the matter,” has plans to remove Jack Dorsey as […]

Ethereum’s DAOs Continue to Gain Momentum

Decentralized autonomous organizations (DAOs) are back – at least for dogfooding purposes. Ethereum’s largest hackathon in North America, ETHDenver, showcased DAOs for event management and more. From coordinating the hackathon’s winners to purchasing meals at Capitol Hill food trucks in Denver’s historic Capitol Hill neighborhood, DAOs ran ETHDenver.  Even the winning hackathon team was a […]

Startup Tokenizes $2.2B in Commercial Real Estate Through Polymath

Commercial real estate marketplace Red Swan has tokenized $2.2 billion in real estate through security token platform Polymath.  According to Red Swan CEO Ed Nwokedi, $780 million of that is available to investors in pre-sale, while the company has another $4 billion in real estate in its tokenization pipeline. The $2.2 billion represents 16 different […]