Below $7K: Bitcoin Price Looks Indecisive After 19-Day Low
Bitcoin’s price dropped to 19-day lows below $7,000 and created a doji candle on Sunday, signaling indecision in the marketplace.
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Explaining Ethereum’s ‘Risk Free’ Rate of Return
One sliver of the crypto market seems to be rebounding: staking. Despite the doom and gloom cast over the entire blockchain industry after the cascading crisis that was 2022 and the fact that the global economy is in uncharted territory, as noted by Federal Reserve Chair Jerome Powell at Jackson Hole, proof-of-stake (PoS) revenue generation

SEC Chair Clayton: Bitcoin Needs ‘Better Regulation’ Before Major Exchange Listing
news Better regulation is needed around bitcoin markets before they can be traded on major exchanges, the head of the U.S. Securities and Exchange Commission said on Thursday. Speaking at CNBC’s Delivering Alpha conference, SEC Chairman Jay Clayton said investors are “sorely mistaken” if they think bitcoin and other cryptocurrencies undergo the same price discovery…

OpenZeppelin Discloses ‘High Severity Vulnerability’ in DeFi Wallet Argent
Jun 19, 2020 at 15:28 UTCOpenZeppelin Discloses ‘High Severity Vulnerability’ in DeFi Wallet ArgentA “high severity vulnerability” was found and patched in Ethereum wallet Argent, according to leading white-hat hackers OpenZeppelin. Disclosed Friday, OpenZeppelin security researcher Alice Henshaw discovered a vulnerability within Argent that would have allowed user funds to be drained from wallets that…

Nigeria’s SEC Says All Crypto Assets Are Securities by Default
Sep 15, 2020 at 10:49 UTCLagos, Nigeria (Jaxons/Getty Images)Nigeria’s SEC Says All Crypto Assets Are Securities by DefaultThe chief financial watchdog of Nigeria will treat cryptocurrencies and token offerings as forms of security until proven otherwise. In a statement signed Friday, the Securities and Exchange Commission (SEC) of Africa's most populous country said all crypto…

Russia’s Supreme Court Makes ‘Landmark’ Vote With Blockchain System from Kapersky Lab
Jun 12, 2020 at 15:04 UTCUpdated Jun 12, 2020 at 15:44 UTCRussia's Supreme Court (Credit: Shutterstock/E. O.)Russia’s Supreme Court Makes ‘Landmark’ Vote With Blockchain System From Kaspersky LabRussia’s Supreme Court for the first time used a blockchain-based system to record votes in a plenary session on Friday. According to a press release, judges used the…

Pelosi, Kudlow Signal Market-Moving US Stimulus May Wait Till After Election: Report
Oct 21, 2020 at 21:04 UTCUpdated Oct 21, 2020 at 21:06 UTCWhite House Economic Adviser Larry Kudlow (Alex Wong/Getty Images)U.S. administration officials and House Speaker Nancy Pelosi broached the possibility of passing the pandemic-relief package after the Nov. 3 election, indicating that a deal might not be able to be reached before then, the Wall…

GSR Partners With Canaan-Backed Startup to Offer Crypto Miners Derivatives
Dec 20, 2019 at 01:18 UTCBitcoin miners image via CoinDesk archivesLiquidity provider GSR is introducing derivative products to help crypto mining companies hedge their risks against price volatility after partnering with Interhash, a mining services startup backed by Canaan Creative. The companies announced on Friday that a new set of derivatives contracts, including swaps, would help…

MakerDAO’s Problems Are a Textbook Case of Governance Failure
Mar 17, 2020 at 06:00 UTCMakerDAO CEO Rune Christensen image via CoinDesk archivesMakerDAO’s Problems Are a Textbook Case of Governance FailureCathy Barrera, a CoinDesk columnist, is a Founding Economist at Prysm Group, an economic advisory group, and was Chief Economist at ZipRecruiter. She has a PhD in Business Economics from Harvard. The MakerDAO network is currently…