CoinDesk Quarterly Review 2021 Q1

news Messaging app firm Telegram has made a new plea to a U.S. court to drop an action brought by the Securities and Exchange Commission (SEC) alleging its yet-to-be launched token is a security. In a filing to the district court of the Southern District of New York on Tuesday, Telegram broke down and refuted…

Cryptocurrency exchange ShapeShift has launched a new membership program that will eventually become mandatory for its users. Positioned as a loyalty program, the initiative will see the startup offer a range of benefits while also moving to start collecting some personal information from its users, essentially forming a pivot away from its "exchange without accounts"…

Mar 26, 2020 at 15:26 UTCUpdated Mar 26, 2020 at 15:34 UTCChristoper Giancarlo image via CoinDesk archivesChris Giancarlo’s Digital Dollar Project Names Ex-Treasury, CFTC Officials to New BoardThe Digital Dollar Foundation – an effort by former CFTC officials Christopher Giancarlo and Daniel Gorfine in partnership with Accenture – has tapped a number of former government…

Apr 3, 2020 at 19:33 UTCUpdated Apr 3, 2020 at 19:45 UTCThe SEC alleges that TeshuaCoin was not actually backed by water. (Image via pkproject / Shutterstock)The U.S. Securities and Exchange Commission charged a former Texas pastor and his wife for allegedly defrauding hundreds of investors through an alkaline water-backed cryptocurrency, TeshuaCoin.Larry Donnell and Shuwana…

VanEck is unveiling a fresh $30 million fund focused on investments in fintech, digital asset or AI firms in pre-seed or seed stages. About 25-30 different projects will be picked and can receive funding anywhere between $500,000 and $1 million. One of the areas VanEck is interested to invest in through the fund is tokenization.

Though ether (ETH) is up more than 3.5% this week, it is still on track to form a so-called death cross.Ether's 50-day simple moving average is on pace to move below its 200-day moving average, according to charting platform TradingView. The cryptocurrency's last death cross occurred in late January 2022.The death cross shows the short-term

Nov 3, 2020 at 13:51 UTCUpdated Nov 3, 2020 at 14:30 UTCIt's decision time for U.S. voters, but bitcoin might win either way. (Creative Commons, modified by CoinDesk)First Mover: 11 Election Talking Points on Bitcoin as TRUMP Futures Point to LossBitcoin (BTC) was lower for a third straight day around $13,500, having fallen back from…

Apr 13, 2020 at 11:00 UTCUpdated Apr 13, 2020 at 11:01 UTCFirst Mover: Bitcoin’s Market Cap Eclipses Citigroup’s as Yellen Calls for Big-Bank Dividend CutsBitcoin's price drop since Friday has pushed the oldest and largest cryptocurrency back into the red for 2020.But guess what bitcoin is still beating? Big U.S. bank stocks, which are suffering…

Dec 19, 2019 at 10:25 UTCA major code update for the cryptocurrency bitcoin SV (for Satoshi's vision) will render some features of BitGo's wallets useless, the crypto custodian says.In a blog update on Wednesday, "Murch," a software engineer at the firm, said the Genesis hard fork scheduled for Feb. 4, 2020, would usher in a…