California Is Open to Allowing Crypto Political Donations

Layer-1 network Avalanche has failed to produce a block for almost two hours, according to its status page.Ava Labs co-founder Kevin Sekniqi said the issue “seems to be related to a new inscription wave. Inscriptions are a way of recording arbitrary data on the blockchain without the use of smart contracts. They initially emerged on

The U.S. should examine how it can curtail the use of crypto for illicit financing, the former Fed Chair said.Jan 19, 2021 at 6:20 p.m. UTCUpdated Jan 19, 2021 at 6:40 p.m. UTCJanet Yellen Says Cryptocurrencies Are a ‘Concern’ in Terrorist FinancingCryptocurrencies are “a particular concern” when it comes to terrorist financing, potential Treasury Secretary…

In recent times, we've witnessed real-world scenarios where stablecoins like Tether's USDT and Circle's USDC have become crucial monetary tools. In Turkey, for instance, where high inflation has spurred citizens to embrace these digital assets as a hedge against an unstable national currency.Stablecoins promise liberation from the traditional financial systems' constraints, but how well they

Credit: Shutterstock/Mark FearonFirst Mover: Amid Economic Meltdown, Bitcoin Is Winning as ‘No Value’ Buffett Eats CrowBillionaire investor Warren Buffett says he's having a hard time finding attractive investments as the coronavirus ravages the global economy.Maybe he should take advice from professional crypto investors like Pantera Capital's Dan Morehead – and reconsider bitcoin.You're reading First Mover, CoinDesk's…

news U.K.-licensed Nickel Asset Management says it has raised $50 million for a fund aimed to make profits off the volatility of cryptocurrencies. The firm said Monday it has now “soft closed” its Nickel Arbitrage Fund to new investors, two months after launch. The raise was joined by funds of funds and family offices in the U.K., Europe,…

news Coinbase has launched a new feature allowing user to directly transfer cryptocurrency holdings on Coinbase.com to accounts in the firm’s Wallet app. The San Francisco-based cryptocurrency exchange announced the news in a blog post on Tuesday, saying that users will be able to link their accounts once the app gets updated in the “next…

Ether spot ETFs are expected to see less demand than bitcoin versions, the report said.The lack of a staking feature in ether ETFs means less spot conversion, the report said.Bernstein said that despite the recent pullback in crypto markets institutional adoption continues to grow.Ether (ETH) spot exchange-traded funds (ETFs), once approved for trading, will likely

Oct 15, 2020 at 11:53 UTC(Udo J. Keppler/Wikimedia Commons)The Inevitability of ‘Big Blockchain’The U.S. economy is less dynamic than it was two decades ago, and with this shift has come massive concentration in market power and control. Industrial concentration has risen. More workers than ever work for very large firms. A handful of major investors…

Mar 16, 2020 at 17:58 UTCUpdated Mar 16, 2020 at 18:30 UTCBakkt president Adam White image via CoinDesk archivesSome users of the Starbucks mobile app are now being presented with “Bakkt Cash” as a payment option.The move seemingly coincides with the bitcoin derivatives provider’s pivot toward consumer-facing services and the announcement earlier today of a…