Coinbase Taps Regulation Veteran for Crypto Compliance Chief

"It exists everywhere." That's how Athens-based crypto enthusiast named "Sporos" describes faircoin – a tiny, $0.22 asset that in terms of daily trading volume, is barely a glitch on global cryptocurrency exchanges. Although it's listed at number 1,134 on CoinMarketCap, faircoin users aren't phased by the market's disinterest. Instead, they pride themselves on faircoin's utility…

MicroStrategy (MSTR) reported a net operating loss of $53.1 million, or $3.09 per share, in the first quarter after taking a digital asset impairment charge of $191.6 million, according to a Monday afternoon press release.While some had expected the company might adopt the new fair value accounting standard, and thus report a sizable profit thanks

news Meet “Norman” – a new variant of monero-mining malware that employs crafty tricks to avoid being spotted. The malicious code was identified by researchers at data security firm Varonis when investigating a crypto-miner infestation at a “mid-size company.” “Almost every server and workstation was infected with malware. Most were generic variants of cryptominers. Some were…

A rebound in the price of bitcoin has sharply narrowed losses for MicroStrategy's holdings of the crypto.All indications are that Saylor's company will continue adding to its bitcoin stash.When Michael Saylor stepped down almost exactly a year ago as CEO of MicroStrategy (MSTR), the software maker he founded in 1989, to become its executive chairman…

opinion Michael J. Casey is the chairman of CoinDesk’s advisory board and a senior advisor for blockchain research at MIT’s Digital Currency Initiative. The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday exclusively to our subscribers. ___________ With last week’s Constantinople delay offering a reminder that ethereum faces challenges in its…

news Bithumb, one of the largest cryptocurrency exchanges by trading volume, is looking to go public in the U.S. through a reverse merger. Blockchain Industries, an investment firm focusing on the crypto and blockchain industry and traded on the U.S over-the-counter markets, announced Tuesday that it had signed a binding letter of intent agreement with Singapore-based BTHMB…

opinion Terence Zimwara is a cryptocurrency enthusiast and economic analyst from Zimbabwe, with firsthand experience of his country’s record hyperinflation. Terence also likes to share his views via his blog. The following is an exclusive contribution to CoinDesk’s 2018 Year in Review. As digital currencies gradually gain traction, a counter narrative emerged as the year progressed:…

Mar 11, 2020 at 21:00 UTCBinance USD, a U.S. dollar-backed stablecoin, has surpassed $100 million in market capitalization, chipping away at a market still dominated by Tether's TUSD. Also known as BUSD, the token is traded almost exclusively on the Binance exchange and its market cap - which roughly corresponds to the total value of dollars…

This article originally appeared in First Mover, CoinDesk’s daily newsletter putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day.The U.S. Securities and Exchange Commission (SEC) should approve all spot bitcoin exchange-traded fund (ETF) applications simultaneously to grant equal treatment to all applicants, Grayscale Investments said in…