Crypto Exchange Coinbase Suspends Algorand Staking Rewards

The lawmakers say Gambaryan is being held hostage and they fear for his life.The Binance exec has been detained in Nigeria for nearly three months and may be suffering from Malaria.A group of U.S. lawmakers asked President Joe Biden to bring back Tigran Gambaryan, the Binance executive who has been detained in Nigeria for almost

A rare winter storm in Texas has knocked out most of the bitcoin mining facilities in the Lone Star State. Bitcoin mining equipment(NiseriN/iStock/Getty Images Plus)Feb 16, 2021 at 6:28 p.m. UTCBitcoin Mining Farms in Texas Offline From Winter StormBitcoin mining farms in Texas have gone offline because of a massive winter storm that drained the…

news Due to mounting regulatory pressures in the United States, the crypto company Circle is moving the majority of its exchange operations offshore. Circle announced Monday it received a full Digital Assets Business Act license in Bermuda for its crypto exchange Poloniex. Circle CEO Jeremy Allaire told CoinDesk that 70 percent of Poloniex users hail…

Apr 28, 2020 at 16:35 UTCUpdated Apr 28, 2020 at 16:42 UTCBlockstack co-founder Muneeb Ali speaks at Consensus 2017. (Credit: CoinDesk archives)Blockstack Pledges to Enforce Patents for ‘Defensive Purposes’ OnlyBlockstack, the firm building a decentralized backbone for Web 3.0, is open-sourcing its patents – kinda.CEO Muneeb Ali told CoinDesk his firm plans to enforce its…

Crypto mining providers Celsius and Core Scientific (CORZ) have reached a tentative $45 million deal to resolve a long-standing legal dispute, according to Thursday court filings.The deal, which involves Celsius paying $14 million in cash and the remainder in adjusted claims, must be approved by judges in Texas and New York, jurisdictions where Core and

Proof-of-stake is a method of maintaining the integrity of a cryptocurrency, preventing users from printing extra coins they didn’t earn. While a different method, called proof-of-work, is currently used by Bitcoin and Ethereum – the two largest cryptocurrencies by market capitalization – Ethereum has plans to migrate to proof-of-stake to make the platform more scalable…

Aug 3, 2020 at 15:02 UTCUpdated Aug 3, 2020 at 15:26 UTCElectric Capital co-founders Curtis Spencer (left) and Avichal Garg (Electric Capital)Electric Capital’s New $110M VC Fund Is 90% InstitutionsCrypto venture capital firm Electric Capital has closed its second fund at $110 million. Of the money raised, 90% of it is institutional capital. “The early-adopter,…

Jenny JohnsonPresident and CEOFranklin TempletonJenny will discuss developing crypto-linked investment products in a bear market, the mood among her clients and her lon...Jenny JohnsonPresident and CEOFranklin TempletonJenny will discuss developing crypto-linked investment products in a bear market, the mood among her clients and her lon...Lyllah Ledesma is a CoinDesk Markets reporter currently based in Europe.…

Oct 5, 2020 at 08:41 UTCUpdated Oct 5, 2020 at 08:55 UTCItalian euro cents coins(Samuele Schirò/Pixabay )Nexi, Italy’s biggest payments provider, is to merge with rival SIA, creating a group with an estimated 70% share of the local market.According to Reuters, the firms announced the expected merger Monday, saying the new group is likely to…