Blockstack’s First Business App Wants to Help Employees Earn More Crypto

A wallet linked to Curve Finance founder Michael Egorov today sent $1.3 million worth of tether (USDT) in a move that apparently eases concerns around the large debt taken by that wallet from lending protocol Aave.Egorov previously deposited $24 million worth of CRV tokens to Aave on Monday. However, bearish sentiment in the broader crypto…

Two of the top 10 cryptocurrencies by market capitalization are now trading at their lowest level in a year. Ethereum, the world's second largest cryptocurrency by market capitalization, fell to its lowest price since 2017 on Wednesday, a development shared by Cardano, the world's ninth largest by market capitalization. At 16:00 UTC, during the middle…

Aug 27, 2020 at 15:46 UTCUpdated Aug 27, 2020 at 15:47 UTCSingapore (Lily Banse/Unsplash)Asian exchanges account for more than 95% of the futures volume in crypto, according to a new report by Switzerland-based Blockchain Valley Ventures (BVV). Key findings from the report include: Huobi, Binance and OKEx have surpassed BitMEX as the leading exchanges in…

Eliza Gkritsi is CoinDesk's crypto mining reporter based in Asia.Bitcoin (BTC) miners, battered by the brutal crypto winter of 2022, are racking up record revenue as transaction fees on the network have soared to their highest levels in two years.A miner's revenue is made up of two components: block rewards, currently set at 6.25 BTC…

NEWS Blockchain startup Harbor has officially launched its security token compliance platform and is moving to offer digitized shares in a high-rise building located in in South Carolina. Announced Tuesday at CoinDesk’s Consensus: Invest event, Harbor is now allowing investors to register to buy shares in apartment block called The Hub at Columbia, owned by the…

Mar 17, 2020 at 17:05 UTCUpdated Mar 17, 2020 at 17:06 UTCHODL can also stand for "hold on for dear life" (via Shutterstock).Bitcoin’s (BTC) price volatility has surged to record highs but the long-term investors popularly known as “HODLers” don't seem to be deterred. The cryptocurrency’s three-month implied volatility rose to a lifetime high of 6.8…

Mar 17, 2020 at 10:30 UTCUpdated Mar 17, 2020 at 10:40 UTCA London-based think tank has brought legal action against the Cardano Foundation for allegedly terminating a 2017 agreement.The Switzerland-based group supporting the blockchain and cryptocurrency project confirmed in a blog post Monday that Z/Yen had initiated legal proceedings against it. "It is our obligation…

The Securities and Exchanges Commission’s (SEC) suit against the biggest crypto exchange in the world, Binance, could be a huge misstep if other countries allow the crypto industry to develop and it eventually replaces the traditional banking sector, Jim Bianco, president and founder of Bianco Research said.“If crypto is the design of the next financial…

Sep 21, 2020 at 12:00 UTCUpdated Sep 21, 2020 at 12:04 UTCThe Shahid Salimi Power Plant outside of Neka, Iran (TruthPraiser / Wikimedia Commons)Three Iranian power plants with enough output to supply half of New York City will soon begin selling surplus electricity to cryptocurrency miners, in a bid to create a new source of…