25,000 Blockchain Firms in China Tried to Issue Cryptos, Senior Official Claims

news HDAC Technology, a blockchain company backed by automaker Hyundai, announced a partnership with blockchain startup CasperLabs to build and integrate a customized Proof-of-Stake (PoS) consensus protocol. The companies signed a memorandum of understanding (MOU) on June 28, a small initial step toward further cooperation. HDAC, issuer of the Hyundai-DAC token, is reportedly looking to switch from…

Jan 31, 2020 at 20:01 UTCChart of ETH locked in DeFi lending platforms vs timeHow Fund Managers View Lending and Staking: 3 Takeaways From a CoinDesk Research WebinarNot everyone is totally excited about DeFi.Volatile crypto is nurturing its fixed-income side. Crypto lending activity is growing on decentralized finance (DeFi) networks. Staking, where investors reap payments…

In response to rising interest from students, CoinDesk has compiled a list of the United States’ top blockchain universities. In recent years, universities around the world have invested heavily in developing curriculums and resources around blockchain technology. While it is impossible to evaluate all the intangibles that make a university the perfect place to learn…

Mining machines image via ShutterstockPotentially the world's biggest bitcoin mine is said to have signed up two top corporate customers in the form of SBI Holdings and GMO.The Japanese corporate giants will be renting mining capacity at the facility in Rockdale, Texas, recently put into construction by Whinstone Inc., according to Bloomberg sources. The firms…

ARK Invest continued to offload shares of ProShares Bitcoin Trust ETF (BITO) in the last week while accumulating its own spot bitcoin exchange-traded fund.Cathie Wood's investment firm sold a total of 2,226,191 shares of the bitcoin futures ETF since Jan. 19, worth around $42.8 million at Thursday's closing price of $19.22, from its Next Generation

Jul 10, 2020 at 18:50 UTCUpdated Jul 10, 2020 at 18:59 UTC(Benjamin Voros/Unsplash)The social payments app Bottlepay (née Bottle Pay) aims to relaunch in the next few weeks, after shuttering due to regulations in December 2019.  After restructuring the bitcoin wallet product to fit Europe’s anti-money laundering directive (AMLD5), the British startup is offering an…

Jack Schickler is a CoinDesk reporter focused on crypto regulations, based in Brussels, Belgium. He doesn’t own any crypto.Texas and other U.S. state financial regulators have ordered a crypto "investment scam" purporting to use artificial intelligence (AI) to cease all activity in an order from Wednesday.The scheme operated by Horatiu Caragaceanu, The Shark of Wall…

South Africa's Intergovernmental Fintech Working Group will look into the use cases of stablecoins as well as their regulatory implications.The group is also exploring the effect of tokenization on markets and will publish a discussion paper by December on tokenization policy.South Africa's Intergovernmental Fintech Working Group will conduct analytical work on use cases for stablecoins

Christy Goldsmith RomeroCommissionerU.S. Commodity Futures Trading CommissionExplore the policy fallout from the 2022 market crash, the advance of CBDCs and more.Christy Goldsmith RomeroCommissionerU.S. Commodity Futures Trading CommissionExplore the policy fallout from the 2022 market crash, the advance of CBDCs and more.Jack Schickler is a CoinDesk reporter focused on crypto regulations, based in Brussels, Belgium. He…