Bitcoin’s Second-Ever Developer Is Back (With a Big Vision for Crypto)
The first developer to code alongside Satoshi couldn’t stay away from crypto for long. He’s now helping to launch a new token.
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Uniswap’s UNI Gains 20% as Token Reward Proposal Inches Closer to Approval
Uniswap's UNI gained 20% as a governance proposal to distribute protocol revenues among token holders gets overwhelming support in a temperature check before voting.The initiative, if approved, could pay out between $62 million and $156 million to UNI owners in annual dividends, one observer estimated.Uniswap's reward scheme could inspire other Defi protocols, but may attract

Market Wrap: Bitcoin Slumps to $10.7K; Ethereum Fees Rise Again
Sep 17, 2020 at 20:30 UTCCoinDesk 20 Bitcoin Price IndexMarket Wrap: Bitcoin Slumps to $10.7K; Ethereum Fees Rise AgainBitcoin lost momentum Thursday while DeFi delirium pushes fees on Ethereum back up. Bitcoin (BTC) trading around $10,920 as of 20:00 UTC (4 p.m. ET). Slipping 0.73% over the previous 24 hours.Bitcoin’s 24-hour range: $10,735-$11,052BTC above its…

Fintech Startup Aims to Create New Asset Class With ‘Continuous’ ICO Model
Jan 16, 2020 at 13:55 UTCUpdated Jan 16, 2020 at 14:06 UTCHong Kong. Credit: ShutterstockFintech Startup Aims to Create New Asset Class With ‘Continuous’ ICO ModelA newly launched fintech firm hopes to leverage the token sale model to back investments in real-world assets. But it's taking a different approach than many previous projects.Hong Kong-based Two Prime…

Grayscale, BlackRock Are Volume Leaders as Bitcoin ETFs Debut
CORRECTION (Jan. 11, 2024, 16:11 UTC): An earlier version of this story had an incorrect ranking.Bitcoin ETFs have been eagerly anticipated for years. They finally got approved in the U.S. on Wednesday and began trading Thursday. As of 10:15 a.m. ET (15:15 UTC) on Thursday, here is a ranking of the 11 funds by first-day

Digital Assets Are More Recession-Proof Than You Might Think
Apr 6, 2020 at 15:50 UTCUpdated Apr 6, 2020 at 16:11 UTCDigital Assets Are More Recession-Proof Than You Might ThinkJeff Dorman, a CoinDesk columnist, is chief investment officer at Arca where he leads the investment committee and is responsible for portfolio sizing and risk management. He has more than 17 years of trading and asset…

TRX Trades at Premium on Poloniex as Arbitrage Lures Risk Takers
Tron's native token (TRX) traded at a premium of up to 17% over the weekend on the recently hacked exchange Poloniex, creating a potentially lucrative arbitrage trade.The premium has since shrunk to around 7%, with TRX trading at $0.10561 on Binance and $0.11005 on Poloniex, according to exchange data.An arbitrage trade involves buying an asset

The SEC’s Recent Rulings Are More About Exchanges Than ICOs
OPINION Noelle Acheson is a veteran of company analysis and member of CoinDesk’s product team. The following article originally appeared in Institutional Crypto by CoinDesk, a newsletter for the institutional market, with news and views on crypto infrastructure delivered every Tuesday. Sign up here. With the market reeling from the SEC’s settlement last week with two ICO issuers…

FBI Report on Laundering by Private Funds Cites OneCoin Fraud in All but Name
Jul 15, 2020 at 08:31 UTCUpdated Jul 15, 2020 at 08:32 UTCCredit: FBI/Wikimedia CommonsFBI Report on Laundering by Private Funds Cites OneCoin Fraud in All but NameOneCoin, an infamous cryptocurrency pyramid scheme, makes an uncredited cameo appearance in a recently leaked FBI intelligence bulletin on the money laundering risks of private investment funds. The main…