A New Way to Compare Bitcoin Cash to Bitcoin

Nov 11, 2020 at 4:20 p.m. UTCUpdated Nov 11, 2020 at 4:36 p.m. UTCBridgewater’s Dalio Sees Governments Banning Bitcoin Should It Become ‘Material’Ray Dalio, the founder and co-Chairman of Bridgewater Associates, the world’s largest hedge fund, said he sees three main problems with bitcoin and other cryptocurrencies that will limit their future, including that governments…

Portugal-based Ethena, a startup developing an internet savings bond as well as a new Ethereum-based stablecoin secured by derivatives, has raised $6 million in a seed funding round led by crypto-focused venture capital firm Dragonfly. The startup will use the capital toward the launch of its stablecoin and bond asset in the third quarter.Other backers…

The Securities and Exchanges Commission’s (SEC) suit against the biggest crypto exchange in the world, Binance, could be a huge misstep if other countries allow the crypto industry to develop and it eventually replaces the traditional banking sector, Jim Bianco, president and founder of Bianco Research said.“If crypto is the design of the next financial…

Tigran Gambaryan, Binance's head of financial crime compliance, will stay in Nigeria's Kuje prison until at least May 17.Gambaryan has been detained in Nigeria since Feb. 26 and has been charged with money laundering and tax evasion, which his family calls "bogus" charges.Detained Binance executive Tigran Gambaryan will remain in prison in Nigeria until at

Every Credit Card a Tribe, Every Crypto Coin a Scaling DebateA bunch of my friends from high school back in Kansas were getting together for a birthday at a hometown bar a little while back and I, now a New Yorker, couldn’t be there. So I told one of my buddies to buy everyone a…

Craig Wright ‘Abusing’ Privilege to Block 11,000 Documents, Kleiman Lawyers SayLawyers representing the brother of Craig Wright's deceased business partner have accused the Australian entrepreneur of "abusing" client-attorney privilege to withhold documents and "obfuscate" trial proceedings.In a memorandum filed Sunday at the Southern District Court of Florida (see below), the legal team representing Ira Kleiman…

news US Judge Beth Bloom has denied a request by Craig Wright to scuttle a lawsuit filed against him because of his past testimony and his credibility before the court, according to a court filing from August 15. On April 15, Wright filed a motion challenging the Southern District of Florida’s jurisdiction over an ongoing…

Jack Schickler is a CoinDesk reporter focused on crypto regulations, based in Brussels, Belgium. He doesn’t own any crypto.Crypto lender Celsius is seeking to mingle its U.K. and U.S. entities as court filings allege the distinction between the two was a “sham.”The bankrupt crypto firm is the latest to face allegations of poor record-keeping in…

Turns out the "no inflation" meme may not be here to stay.Jan 20, 2021 at 11:15 p.m. UTCUpdated Jan 20, 2021 at 11:16 p.m. UTC‘Let’s Not Be Bitcoin’: Yearn Finance Considers Minting $200M in New YFI TokensBitcoin may be the original cryptocurrency, but that doesn’t mean leading decentralized finance (DeFi) projects aren’t feeling self-confident enough…