A New Crypto Bear Market Begins: CoinDesk Quarterly Review 2021 Q2

Digital asset investment products saw outflows of $88 million last week, the eighth straight week of money exiting crypto funds, according to data from Coinshares.Outflows over the eight-week run now total $417 million and coincide with sizable declines in prices across cryptocurrencies following a hot start to the year. Bitcoin (BTC) for instance, closed last…

Chinese yuan notes (Toni Schmidt/Shutterstock)A former vice president of a top Chinese bank has argued that digital currency should replace fiat in the nation’s financial systems. Yongli Wang, previously of the Bank of China, said in a WeChat post that wide use of digital currencies would encourage monetary reform, as reported by media outlet The…

Prosecutors said Singh “approached his cooperation with earnest remorse and eagerness to assist.” He will be sentenced later this month. 01:48 Bitcoin Nears 'Golden Cross' Amid Rising U.S. Treasury Yields Concerns 02:02 Nigeria Frees Binance's Gambaryan; Peter Todd Goes Into Hiding After HBO Doc Names Him Satoshi 13:23 Navigating the Crypto Waters With Nick van

Should regulators get to determine the rules they enforce? To the extent that federal watchdogs — like the Securities and Exchange Commission (SEC) and Commodities Futures Trading Commission (CFTC) — enforce the law acting with executive authority, mostly adhere to legislation written by congressional lawmakers, and are kept in check by the court system, it’s

U.S. President-elect Donald Trump is close to naming hedge fund manager Scott Bessent, a cryptocurrency enthusiast, as his pick for Treasury Secretary, according to Bloomberg and other media outlets. If the Senate confirms him, the next person whose signature adorns U.S. paper currency will be a fan of the digital currency ecosystem set up to

Oct 26, 2020 at 14:03 UTCUpdated Oct 26, 2020 at 14:18 UTCVincent van Gogh (1853 - 1890), "Wheatfield with a Reaper," Saint-Rémy-de-Provence, Sept. 1889. Oil on canvas, 73.2 cm x 92.7 cm. (Van Gogh Museum, Amsterdam)Automated market makers Curve and Uniswap traded volumes above $2 billion on Monday, benefiting from one of decentralized finance protocol…

Jun 15, 2020 at 10:15 UTCUpdated Jun 15, 2020 at 10:18 UTCView: Bitcoin's options market suggests Monday's price drop could be short-lived.However, the cryptocurrency remains vulnerable to a sell-off in stocks and increased miner hoarding is a sign the market lacks strength.Bitcoin is feeling the pull of gravity on Monday alongside losses in the traditional…

DAO governance needs a re-think, and shares should look like a multi-classed structure similar to Meta and other Silicon Valley giants. Such a change would help prevent governance attacks, like what recently happened against Compound. 03:27 Trump's Media Company in Talks to Buy Crypto Trading Platform Bakkt; Razzlekhan Gets 18 Months in Prison 11:59 Dormant

The 1993-released DOOM game is now available and stored on the Dogecoin network, thanks to a relatively new protocol that lets developers wholly store large amounts of data on a blockchain.“Ð is for Doginals! Ð is for DOOM on Dogecoin,” developer @minidogeart, who put the game on Dogecoin, posted at launch. “Now inscribed on Dogecoin