Crypto Exchange Coinbase Suspends Algorand Staking Rewards

Centralized stablecoins dominate cryptocurrency trading, but recent turbulence has showcased that markets heavily rely on stablecoins that lack transparency of their reserves with TrueUSD posing the biggest risk, digital asset market research firm Kaiko said in a report.As of Thursday, 74% of all transactions on centralized crypto exchanges involved stablecoins, while only 23% incorporated fiat…

Jocelyn Yang is a markets reporter at CoinDesk. She is a recent graduate of Emerson College's journalism program. Bitcoin (BTC) kicked off the U.S. trading week with gains, moving above $27,000 from as low as $25,800 late on Friday.The largest cryptocurrency by market capitalization was recently trading at around $27,350, up roughly 1.6% in the…

Fiat currency derives its value from the laws of supply and demand, assigning economic value to goods and services. (Most) cryptocurrencies largely follow the same logic. What these models are not particularly good at doing is encompassing other types of value; social, environmental and ethical. Perhaps that’s why the unintended consequences of transactions are known…

Mazacoin Aims to be Sovereign Altcoin for Native AmericansIceland may be the first nation to get its own cryptocurrency, but if Payu Harris has his way, it won’t be the last. This week, he hopes to mine the genesis block for mazacoin, an altcoin for the native American nation in the US. Specifically designed for…

news Crypto startup Knabu is piloting bank regulatory reporting with Factom, one of the earliest enterprise blockchain companies. Revealed exclusively to CoinDesk, the London-based firm is launching the 30-day pilot today. Knabu is best known as a payments company with a smart-deposit product meant to help companies mitigate the risks of self-custodying assets on a…

California-based business and financial software company Intuit has been awarded a patent for processing bitcoin payments via text message.

Featured SpeakerBrett HarrisonFounder and CEOArchitectDon't miss "FTX: What Happened" with the former president of FTX's U.S. arm and Anthony Scaramucci.Tracy is a deputy managing editor at CoinDesk. She owns BTC, ETH, MINA, ENS and some NFTs. Featured SpeakerBrett HarrisonFounder and CEOArchitectDon't miss "FTX: What Happened" with the former president of FTX's U.S. arm and Anthony…

WallStreetBets traders coordinated buying of GameStop stock to squeeze short-selling hedge funds – but was that collusion?(bantersnaps/Unsplash, modified by CoinDesk)Jan 28, 2021 at 7:16 p.m. UTCGameStop and the Real Market ManipulatorsWhat does it mean for a market to be manipulated?I know there are legal answers to this question, but that’s not really what I’m interested…

AUSTIN, Texas – The early days of Marvel Studios, self-funded and independent from Hollywood’s main production houses, reminds David Maisel of these early days of Web3, the visionary behind the Marvel Cinematic Universe said on stage at the Consensus 2023 festival on Friday.Maisel recently launched Mythos Studios, which minted the Ekos Genesis Art Collection earlier…