1 Gigawatt Bitcoin Mine Under Construction in Texas Would Dwarf Bitmain’s

Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Brandy covers crypto-related venture capital deals for CoinDesk. Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Ledger has raised most of a €100 million ($109 million) funding round at a €1.3 billion ($1.4…

Hadley Stern, the executive who led Fidelity Investments' blockchain research and development for the last three years, is joining a well-known startup in the field. Announced today, Stern has been named the first-ever chief operating officer at blockchain software startup Bloq. Stern worked for 17 years at Fidelity, most recently as a senior vice president…

This article originally appeared in First Mover, CoinDesk’s daily newsletter putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day.Moons (MOON), the native token of Reddit's r/CryptoCurrency community of over 6.5 million users, has chalked up a triple-digit percentage price gain this week. One analyst cited Reddit's…

Oct 28, 2020 at 01:18 UTCUpdated Oct 28, 2020 at 01:19 UTC1908 photograph of a vault door (Cleveland Trust Company, modified by CoinDesk using PhotoMosh)Decentralized lending platform Cred says it has experienced “irregularities” in the handling of “specific” corporate funds by a “perpetrator of fraudulent activity” and is cooperating with law enforcement in relation to…

Payments service provider Square is looking to develop a bitcoin mining system, the company’s CEO Jack Dorsey tweeted on Friday.“Square is considering building a Bitcoin mining system based on custom silicon and open source for individuals and businesses worldwide,” Dorsey wrote.In his threaded tweets, Dorsey wrote that mining needs to be more distributed and energy-efficient,…

And yes, if we wanted, we could do it on a blockchain. If a real dollar were issued on a real, public blockchain like Ethereum (not a “permissioned chain” that only a few parties can access or administer), the financial infrastructure we could build and automate on top of that would be incredibly efficient and…

Trump pulled ahead with a 51% chance of regaining the U.S. presidency. Traders have placed $99 million in on-chain bets on Trump winning the election, with over $95 million put on Harris. Election punters on Polymarket are favoring Republican candidate Donald Trump once again as Democrat Kamala Harris’ odds slipped to 47% over the weekend

Aug 12, 2020 at 16:05 UTCUpdated Aug 12, 2020 at 16:17 UTCDeposits in ‘Monetary Experiment’ Meme Token YAM Break $460MYAM, decentralized finance’s (DeFi) latest farm-fresh product, has never had a code audit. Yet, that’s not holding back traders from pumping the token’s price from zero to $138 in the 20 or so hours since it…

Aragon’s key backers doubled down on their controversial banning of Discord members, arguing in a Friday blog post that the decentralized crypto governance project can be a DAO even if its town square is on lockdown.“Discord servers and other trusted coordination platforms are tools used by DAOs, but they themselves are not DAOs,” wrote the…