Before the ‘Bomb’ Hits: Why the Race Is on to Alter Ethereum’s Economics

A college freshman is coming after your cryptocurrency – but not to steal your coins, just to prove that someone could do so pretty easily. According to a crypto enthusiast and security researcher going by the handle "geocold51," most small-scale cryptocurrencies are at risk from the industry's most feared vulnerability – the 51% attack. During…

Trading for the first bitcoin futures exchange-traded fund (ETF) approved by the Securities and Exchange Commission (SEC) began this week for U.S. investors, and the cryptocurrency market appears to be rallying around its launch. The ProShares Bitcoin Strategy ETF (BITO) was the first to list on the New York Stock Exchange, with trading starting on…

news Who runs the MakerDAO Foundation? Questions over an ongoing board shakeup flamed tensions Tuesday during a weekly community call, with participants asking pointed questions about who controls a $190 million pot of MakerDAO governance tokens. Stepping back, the MakerDAO Ecosystem Growth Foundation, or MakerDAO Foundation for short, is a non-profit entity that launched the dollar-pegged stablecoin DAI…

Bitcoin Ordinals project Taproot Wizards delayed the mint of its 'Quantum Cats' collection for a second time, after halting the process mid-sale on Monday amidst persistent technical issues.The sale is now set to resume Feb. 1. Initially the project had said it would resume the process on Tuesday.The planned sale of around 3,000 digital cats

BlockFi has settled with the estates of FTX and Alameda Research for nearly $1 billion dollars.The three companies had a long and complicated relationship, but this settlement brings BlockFi closer to full recovery for customers.Bankrupt crypto lender BlockFi, which was caught in the contagion of FTX and declared bankruptcy days after the exchange's collapse, has

Nov 20, 2020 at 5:45 p.m. UTCBlockchain Bites: BlockRock Exec Says Bitcoin Is ‘Here to Stay,’ Investors Load Into BTC PutsMajor bitcoin miners are signaling their support for the network’s Taproot upgrade. Institutional buyers are loading up on BTC puts, Deribit analysts say. Goldman Sachs thinks the  “digital yuan” could be in a billion hands…

While our attention was focused on exchange-traded funds earlier this month, federal regulators in the U.S. announced charges or sentences for various crypto parties.You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions.Quiet monthThe narrativeRemember when it felt like an initial

Sep 11, 2020 at 13:00 UTCUpdated Sep 11, 2020 at 13:24 UTC(Ramin Talaie/Getty Images)Blockchain services firm Diginex could be a publicly traded company by Sept. 23. The firm’s backdoor listing on Nasdaq is happening more quickly than a regular initial public offering (IPO), but the company – which is behind the EQUOS.io crypto exchange – is…

Dec 17, 2019 at 21:31 UTCUpdated Dec 17, 2019 at 21:44 UTCSean Neville image via CoinDesk archivesPayments startup Circle is pivoting its business to solely offering stablecoin services with the sale of its over-the-counter (OTC) trading desk. As part of the move, the firm confirmed the departure of additional executives, just weeks after co-CEO Sean…