Canaan CFO Resigns Citing ‘Personal Reasons’

Bitcoin (BTC) and the U.S. inflation-adjusted bond yield are again moving in opposite directions, exhibiting the strongest negative correlation in four months.The 30-day correlation coefficient between bitcoin and the 10-year U.S. inflation-indexed security turned negative this month, declining from +0.28 to -0.72, a level last seen in April, according to charting platform TradingView. A reading…

Jul 28, 2020 at 09:45 UTCSydney, the capital of New South Wales, Australia (EQRoy/Shutterstock)Australian State Treasury Proposes ‘Flexible’ Regulatory Reform for BlockchainThe Treasury Department of New South Wales (NSW), an Australian state, is exploring regulatory reform for blockchain and other emerging technologies. A new research paper released on Tuesday reveals the state government's concerns over…

Jan 16, 2020 at 22:00 UTCUpdated Jan 16, 2020 at 22:07 UTCYoung Sohn, Kavita Gupta and Cameron Winklevoss pose for a selfie at the CFC St. Moritz conference. (Photo courtesy of CFC St. Moritz)Currency ‘Cold War’ Takes Center Stage at Pre-Davos Crypto ConfabST. MORITZ — The United States may be entering a second Cold War,…

Dec 4, 2019 at 10:32 UTCUpdated Dec 4, 2019 at 10:50 UTCMUFG Plays Down Reports of Digital Currency LaunchUpdate (10:40 UTC, Dec. 4, 2019): MUFG has issued a statement saying that while it has indeed agreed to enter a joint venture with Recruit, it has not made public the details.Japan's MUFG Bank and Recruit Holdings…

From left to right: Shira Frank (Maiden), Bill Ottman (Minds), and Zooko Wilcox (ZCash). All speaking on a panel at ETHDenver on February 16, 2019 via Christine Kim/CoinDesk Zcash’s Funding Vote and the Problems With Decentralized GovernanceThe zcash community has agreed to continue funding the development of its privacy coin, ZEC, as spearheaded by the…

Dec 9, 2019 at 11:00 UTCUpdated Dec 9, 2019 at 10:56 UTCBitcoin’s weekly chart is reporting a bullish golden cross of the 50- and 100-period moving averages. The widely followed, but lagging, indicator may fail to attract buyers as broader market conditions are currently bearish. A UTC close above $7,870 is needed to confirm a short-term…

news Two U.S. lawmakers want the Federal Reserve to consider creating a digital dollar. In a letter sent to Federal Reserve Chairman Jerome Powell, Rep. French Hill (R-Ark.) and Rep. Bill Foster (D-Ill.) outline concerns they have about risks to the U.S. dollar if another country or private company creates a widely used cryptocurrency, and…

An early-stage app called Moonwalk lets users boost the stakes for their fitness goals.Customers contribute cryptocurrencies to join a challenge, and if they fail to meet their daily step goal, they surrender money to a prize pool shared by the other participants.SALT LAKE CITY — It was sometime around dinner as I was drinking a

news Coinbase has reinstated U.K. bank deposits and withdrawals following a months-long banking holdup. As announced by the company’s U.K. arm in a blog post Thursday, British pound (GBP) deposits and transfers are available once again for local Coinbase customers. GBP denominated transactions were paused following the exchange’s July breakup with Barclays. However, a new partnership with…