CoinMarketCap Says Data Glitch Boosted Its Crypto Price Numbers

An Australian federal science agency is working with one of the "Big Four" commercial banks in the country to test a blockchain application that aims to make it easier for citizens with disabilities to settle insurance payments. The Commonwealth Bank of Australia (CommBank) and the Commonwealth Scientific and Industrial Research Organization (CSIRO) said in an announcement…

Axiom, a protocol that allows smart contract developers to access historical data from Ethereum and then perform intensive computations off-chain, has raised $20 million in a Series A funding round led by Standard Crypto and Paradigm Ventures.The funding will go towards growing the team as well as developing their platform, according to a draft blog

Binance's founder and former chief executive, Changpeng "CZ" Zhao, should spend three years in prison for his role in enabling the crypto exchange to violate federal sanctions and money laundering laws, the U.S. Department of Justice said Tuesday night.Attorneys with the DOJ filed a sentencing memo arguing he should spend 36 months in prison and

markets View Bitcoin suffered a significant drop in the last 24 hours, but the higher-lows pattern on the daily chart is still intact and the outlook remains bullish. A daily close below the July 2 low of $9,615 would invalidate the bullish higher-lows pattern and confirm a bearish reversal. The case for a drop to…

news Near Protocol, a San Francisco-based platform for developing decentralized applications, has raised $12.1 million in venture capital. Hedge Fund Metastable Capital and venture firm Accomplice led the oversubscribed round. Near is developing, but hasn’t yet launched, the NEAR Protocol, a “sharded,” proof-of-stake blockchain. The protocol differentiates itself from competitors like EOS or Tron by…

Jul 15, 2020 at 18:23 UTCStani Kulechov, founder and CEO of Aave, speaks at Consensus 2019. (CoinDesk archives)Three Arrows, Framework Invest in DeFi Site Aave With $3M LEND Token SaleFramework Ventures and Three Arrows Capital announced Wednesday a $3 million investment in Aave, the firm behind the third-largest lending platform in decentralized finance (DeFi). The…

news In crypto, where nothing is scarier than FOMO, there’s no better time for an extremely limited release of non-fungible tokens (NFTs) than Halloween. Take Decadent founder Olive Allen, for example. She’s using Oct. 31 to sell her first edition of 13 digital collectibles using a pop-up store on her website. “Thirteen is a great number,” she…

Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Brandy covers crypto-related venture capital deals for CoinDesk. Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Webb Protocol, creator of zero-knowledge infrastructure that allows for private cross-blockchain asset transfers, has raised $7 million…

news Avnet, one of the world’s largest distributors of electronic components and services, is now accepting cryptocurrency payments through a partnership with blockchain payments processor BitPay. Announcing the news on Tuesday, the Fortune 500 firm said its customers can now pay in bitcoin (BTC) and bitcoin cash (BCH) for products and services, with BitPay then verifying…