Bitcoin Price Hits 7-Month High Against Turkish Lira

Danny is CoinDesk's Managing Editor for Data & Tokens. He owns BTC, ETH and SOL.Crypto’s “be your own bank” mantra has given rise to a new kind of company where investors are said to run the show. But can these so-called decentralized autonomous organizations (DAOs) beat out the centralized, professionalized, corporate status quo?That’s the question…

Christy Goldsmith RomeroCommissionerU.S. Commodity Futures Trading CommissionExplore the policy fallout from the 2022 market crash, the advance of CBDCs and more.Christy Goldsmith RomeroCommissionerU.S. Commodity Futures Trading CommissionExplore the policy fallout from the 2022 market crash, the advance of CBDCs and more.Greg Ahlstrand is CoinDesk's Asia News Editor. Greg has no significant crypto holdings.Christy Goldsmith RomeroCommissionerU.S.…

The European Union's election in June may see a new set of lawmakers taking over crypto issues.The architects behind the EU's landmark Markets in Crypto Assets legislation may return, but industry participants still hope for a more progressive assortment.The European Union’s more than 370 million eligible voters are set to elect 720 parliamentarians this June

news Blockchain interoperability project Tendermint has raised $9 million in a Series A funding round led by technology-focused venture capital firm Paradigm. Announcing the news on Thursday, Tendermint said that other participants in the round included Bain Capital and 1confirmation, among others. The investment will go toward supporting the firm’s continued development of the Cosmos Network,…

Apr 17, 2020 at 16:50 UTCPhoto by Birmingham Museums Trust on UnsplashBlockchain Bites: Binance vs. Ethereum, MicroBT vs. Bitmain, Libra vs. the WorldToday, Binance unveiled plans for a new smart contract blockchain competing with Ethereum, Bitcoin miner manufacturer MicroBT looks to beat Bitmain to market, and the road ahead for stablecoins looks bumpy."The industry needs…

Abracadabra is proposing measures to protect from a bad debt situation stemming from an $18 million loan to Curve Finance founder Michael Egarov.If passed, the protocol would automatically sell crv tokens to liquidate the position unless topped up with more collateral, putting selling pressure on an already stressed crv market.As decentralized finance (DeFi) protocols scramble…

Bitcoin slipped 1.2% to trade just over $27,000 during the Asian afternoon hours on Wednesday as worsening scenarios in the Hamas-Israel conflict shattered investor confidence in riskier assets.Earlier this week, traders told CoinDesk they expected prices to move lower as investors shy away from traditional equities and risk assets in favor of gold and oil

Stefan Berger, previously architect of the European Union's landmark crypto law MiCA, will now take the reins on digital euro plans.The EU's central bank digital currency has proved controversial, and draft laws include privacy controls.German lawmaker Stefan Berger will take the lead in new legislation to underpin a digital euro, the member of the European

Richard Malish is General Counsel at NICE Actimize where he counsels on global anti-money laundering, fraud, trading compliance and banking regulatory matters. The New York Attorney General ("NY AG") recently issued a report on its fact-finding enquiries to multiple virtual currency trading platforms believed to be operating in New York. One of its many interesting…