Crypto-Backed Loan Provider SALT Expands to 35 US States
Cryptocurrency-backed loan provider SALT Lending announced it will now serve customers in 20 new U.S. states on Wednesday.
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British Virgin Islands Court Orders 3AC Founders to Attend Examination on May 22
Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Jamie Crawley is a CoinDesk news reporter based in London.Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.CORRECTION (March 29, 10:35 UTC): An earlier version of this article incorrectly said the examination was…
Proof-of-Stake Could Lead to Crypto Banking. Let’s Avoid That
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…
U.S. Woman Charged Over Attempted Dark Web Murder-for-Hire Paid With Bitcoin
The woman allegedly presented a sum of over $5,000 in bitcoin to a dark web admin as proof she could afford the hit.(Mycteria/Shutterstock)Feb 9, 2021 at 9:58 a.m. UTCU.S. Woman Charged Over Attempted Dark Web Murder-for-Hire Paid With BitcoinA Wisconsin woman has been charged for trying to solicit a murder over the dark web paid for…
Bitcoin Could Rally 20% to Around $36K: Matrixport
Will Canny is CoinDesk's finance reporter.Bitcoin (BTC) could rally 20% to around $35,000 - $36,000, crypto-services provider Matrixport said in a research report on Thursday.Bitcoin has been trading in a narrowing wedge that is about to be broken to the upside, the report said, adding that technically this could project a move higher by an…
Arca Labs Launches Ethereum-Based SEC-Registered Fund
Arca CEO Rayne Steinberg (CoinDesk archives)A bitcoin exchange traded fund may never receive approval from the U.S. Securities and Exchange Commission (SEC), but an even stranger crypto investment vehicle finally has: a blockchain transferred fund. On Monday, Los Angeles-based money manager Arca began selling shares in the “Arca U.S. Treasury Fund,” an SEC-registered closed-end fund…
Bitcoin Becomes Most-Crowded Trade After Passing ‘Long Tech’: Bank of America Survey
Bank of America's January survey of fund managers indicated bitcoin is now seeing the most capital inflow.Jan 19, 2021 at 11:02 a.m. UTCUpdated Jan 19, 2021 at 11:07 a.m. UTCBitcoin Becomes Most-Crowded Trade After Passing ‘Long Tech’: Bank of America Survey“Long bitcoin” – a bullish bet on the top cryptocurrency – is now the most…
Enterprise Ethereum Alliance Launches Testing Ground for Blockchain Interoperability
Jan 15, 2020 at 14:00 UTCEthereum logo image via CoinDesk archivesThe Enterprise Ethereum Alliance (EEA), the standards group where finance and other industries explore private versions of ethereum technology, has launched a testing ground to bring about certified, branded and harmonized business uses by the end of 2020.The EEA TestNet will operate as a pre-certification…