Blockchain Firm to Raise $24 Billion for Electric Bus Upgrades in China
A blockchain and AI technology firm has scored a major deal to help provide the financing as China upgrades its buses to run on electricity.
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Covering the 2024 Presidential Election
It gives me no pleasure to report that less than six months into this Congressional term, the 2024 election season has become fully underway. Florida Governor Ron DeSantis (R) officially declared his candidacy last week, though he appears to have been laying the groundwork (campaigning) for quite some time. Crypto hasn’t been an issue in…

Bitcoin News Roundup for March 12, 2020
Mar 12, 2020 at 16:00 UTCFor early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.Today's Stories:For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.Disclosure Read More The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by…

Sino Global Files $67M Claim Against FTX-Alameda
Matthew Graham’s Sino Global Capital has filed a $67.3 million claim against FTX Trading Ltd. on behalf of Sino’s Liquid Value fund, which it rolled out in conjunction with Sam Bankman-Fried in 2021.Note: Maclaurin Investments was a company affiliated with Alameda VenturesThe fund aimed to raise $200 million and primarily targeted high net worth individuals.…

AI Tokens ICP, FET Buck Crypto Market Drop as Apple Flags Artificial Intelligence Foray
AI tokens rallied even as macroeconomic and political developments weighed on the broader crypto market. On Monday, Apple announced "Apple Intelligence," foraying into the artificial intelligence sector. Native cryptocurrencies of blockchain endeavors supposedly involved with artificial intelligence (AI) outshone the broader market after iPhone maker Apple (AAPL) showcased its efforts to bring the technology to

Rhett Mankind: Casey Rodarmor ‘Wasn’t Just Another Elusive Figure’
As part of our special NFT series, we asked the artist Rhett Mankind to make an image of Casey Rodarmor, Ordinals protocol creator. Click here to view and bid on the NFT created by Rhett Mankind. The auction will begin on Monday, 12/4 at 12p.m. ET and ends 24 hours after the first bid is

Vibe Check: The Bullish Bounce Back: CoinDesk Indices’ Todd Groth
We’ve bounced back having found support last week (see previous Vibe Check), with the CoinDesk 20 Index outperforming bitcoin (BTC) narrowly and ether (ETH) significantly.CoinDesk 20 Index outperforming BTC and ETH. (CoinDesk Indices)So what’s providing the source for the dramatic bounce in the market? In addition to Bitcoin’s rebound, Solana's (SOL) 25% gain and Avalanche's (AVAX)

MakerDAO Should Use Solana’s Code to Build Its New Blockchain, Co-Founder Says
MakerDAO co-founder Rune Christensen said Friday that the platform’s future native blockchain should be built using the codebase that underpins Solana (SOL), a network designed to provide high-speed performance.In a governance forum post, he said the codebase’s “technical quality,” its “resilience by having gone through the FTX blowup” and already functioning examples make Solana “the

U.S. Bitcoin Corp to Host 150K Crypto Mining Rigs
Eliza Gkritsi is CoinDesk's crypto mining reporter based in Asia.U.S. Bitcoin Corp (USBTC) has signed multi-year agreements to host 150,000 bitcoin mining machines with major firms including Marathon Digital Holdings (MARA), the firm told CoinDesk.The deals showcase the apparent rebound in the mining industry, which is trying to rise after a rough 2022. Last year's…