Coinbase Reports Delays in Processing Bitcoin Withdrawals Due to Network Congestion

Dec 16, 2019 at 21:13 UTCUpdated Dec 16, 2019 at 21:27 UTCAuthoritarian Airdop: Maduro ‘Gifts’ Petros to Venezuelans for ChristmasIf 2019 saw bitcoin come together around the digital gold/digital SoV narrative, is 2020 poised for a resurgence of the idea of payments utility, thanks to Lightning powered applications? One beta test of a LN point-of-sale…

Japan-headquartered crypto exchange bitFlyer is implementing tough anti-money laundering measures in line with global financial crime watchdog FATF's "Travel Rule" for information sharing on transfers, the company announced on Tuesday.The measures that went into effect Tuesday afternoon local time include restrictions on transfers from the exchange to platforms that don't comply with Travel Rule Universal…

After three weeks of listening, recording and talking bitcoin (BTC) in Africa, podcaster Anita Posch is back in part 3 of her six-part documentary podcast series. Presented in audio and full written transcript below. Listen/subscribe to the CoinDesk Podcast feed for unique perspectives and fresh daily insight with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, IHeartRadio or RSS.In the first and second part…

Eliza Gkritsi is CoinDesk's crypto mining reporter based in Asia.The shares of crypto mining data center Soluna Holdings (SLNH) rose about 12% on Monday, after the firm said it will get $14 million in funding to finish the development of Project Dorothy 1B in Texas, under a new deal with Navitas Global.The deal includes a…

Abracadabra is proposing measures to protect from a bad debt situation stemming from an $18 million loan to Curve Finance founder Michael Egarov.If passed, the protocol would automatically sell crv tokens to liquidate the position unless topped up with more collateral, putting selling pressure on an already stressed crv market.As decentralized finance (DeFi) protocols scramble…

Uniswap's governance token UNI gained 60% after a proposal by a key Uniswap Foundation leader to overhaul the protocol's decision-making.The proposal would distribute protocol fees among UNI holders who stake and delegate tokens to rejuvenate the protocol's decision-making.Decentralized exchange Uniswap's governance token (UNI) jumped Friday as much as 60% after a proposal to overhaul the

Revolut has joined forces with self-custodial wallet MetaMask to offer Revolut Ramp, a feature that will let users top up their MetaMask wallets with their Revolut account.The digital bank will enable users to make crypto purchases directly into MetaMask wallets in the U.K. and European Economic Area (EEA), an attempt to make adding crypto to

Record liquidity, measured by 1% market depth, suggests ease in executing orders and stable prices.Nevertheless, bid-ask spreads remain elevated, a sign the tokens are still considered relatively risky.Executing trades in prominent meme coins is easier than ever now that liquidity, as measured by 1% market depth, has surged to record highs, according to data tracked

Dec 16, 2019 at 17:00 UTCUpdated Dec 16, 2019 at 16:40 UTCBlockchain Projects Work Better When Everyone CollaboratesThis post is part of CoinDesk's 2019 Year in Review, a collection of 100 op-eds, interviews and takes on the state of blockchain and the world. Sheila Warren is head of blockchain at the World Economic Forum. Another…