Binance Enters Indian Market With Acquisition of Crypto Exchange WazirX

Stablecoins do not live up to their name, economists and analysts at the Bank for International Settlements said in a report published on Wednesday."Not one of the stablecoins assessed in this paper has been able to maintain their closing prices in parity with their peg," the paper from the international organization said. Stablecoins are usually

NEWS Sep 24, 2018 at 20:20 UTC Walmart plans to sell leafy greens that are tracked using blockchain technology within the next year. In a press release published Monday, the world's largest retailer both by revenue and by employee count announced that it told its suppliers for leafy green produce to integrate a blockchain-based tracking system…

Jan 29, 2020 at 18:00 UTCUpdated Jan 29, 2020 at 18:30 UTCCoinbase Chief Product Officer Surojit Chatterjee (left) poses with CEO Brian Armstrong. (Courtesy photo)Coinbase has hired a former vice president of product at Google to be its chief product officer. Surojit Chatterjee spent 11 years at Google, where he worked on payments, adtech and commerce.…

Sep 24, 2020 at 21:21 UTCIsraeli bitcoiners take note: a handful of Knesset members are seeking to ease Israel’s hefty taxation of cryptocurrencies.Four Knesset members from the nationalist Yisrael Beiteinu party on Tuesday introduced a draft bill that would effectively end Israel’s 25% capital gains tax on bitcoin by redefining certain “distributed digital currencies” as…

opinion Michael J. Casey is the chairman of CoinDesk’s advisory board and a senior advisor for blockchain research at MIT’s Digital Currency Initiative. The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday exclusively to our subscribers. The mainstream reaction to Bitwise’s recent report showing that 95 percent of total reported…

Jan 21, 2020 at 15:20 UTCMichael Sonnenshein image from CoinDesk archivesGrayscale’s Bitcoin Trust Is Now Open to More Investors as SEC Reporting CompanyGrayscale Investments’ bid to register its Bitcoin Trust as an Securities and Exchange Commission (SEC) reporting company has succeeded.The trust became the first publicly-traded bitcoin investment vehicle on an over-the-counter market in May…

Sep 15, 2020 at 19:22 UTCUpdated Sep 15, 2020 at 19:23 UTCCentralized exchanges get DeFi FOMO, as decentralized exchanges challenge their dominance in crypto trading. (Pixabay, modified by CoinDesk)Binance, Huobi, OKEx Have FOMO for DeFiDecentralized finance (DeFi) has been grabbing the headlines and capturing the imagination of traders in recent weeks and some of the…

Indian cryptocurrency investment platform Mudrex has successfully registered to operate in Italy, CEO and co-founder Edul Patel told CoinDesk in an interview Friday.The international move by Bengaluru-based Mudrex is rare for Indian entities that have mostly struggled due to harsh taxes and a global crypto winter. Even rarer is its "bullish plan" for global expansion

Five U.S. states have reached a settlement agreement with GS Partners – the European operation behind several crypto investment schemes, including tokenized investments in a Dubai skyscraper – that will see investors get 100% of their money back, according to a Monday announcement from the Texas State Securities Board (TSSB). The exact size of the