Crypto ICO Metronome Raises $12 Million in Unconventional Auction

NEWS MV Index Solutions (MIVS), a subsidiary of New York-based investment management firm VanEck, has launched a new bitcoin index. Announced Tuesday, the MVIS Bitcoin US OTC Spot Index (MVBTCO) is said to be the first index that covers the performance of bitcoin on selected over-the-counter (OTC) platforms in the U.S. The index represents the…

Congressman Ritchie Torres has asked for two separate independent investigations of the U.S. Securities Exchange Commission (SEC) for its "haphazard and heavy-handed approach to digital assets," according to two letters he made public on Thursday.Rep. Torres (D-N.Y.) requested investigations into the SEC granting a special purpose broker-dealer (SPBD) licence to Prometheum, "a trading digital assets…

B2C2, a crypto liquidity provider and over-the-counter trader, said Wednesday it conducted its first transaction of a non-deliverable forward (NDF) – a type of financial contract that’s common in foreign-exchange markets – with trading firm QCP Capital.These types of trades could help traditional financial institutions to enter the burgeoning cryptocurrency market, according to the press…

Featured SpeakerChristy Goldsmith RomeroCommissionerU.S. Commodity Futures Trading CommissionExplore the policy fallout from the 2022 market crash, the advance of CBDCs and more.Nikhilesh De is CoinDesk's managing editor for global policy and regulation. He owns marginal amounts of bitcoin and ether.Featured SpeakerChristy Goldsmith RomeroCommissionerU.S. Commodity Futures Trading CommissionExplore the policy fallout from the 2022 market crash,…

news The formerly anonymous administrator of the cryptocurrency exchange WEX, which shut down last summer, has made some shocking claims about the fate of “hundreds of millions” of dollars of clients’ cryptocurrency in talks with Russian police. Russian citizen Alexei Bilyuchenko, who confessed to being the tech administrator of the infamous BTC-e exchange and later…

In April 2023, Warner Music Group chief digital officer and executive vice president of business development Oana Ruxandra told CoinDesk’s The Hash that she expects music tools driven by artificial intelligence (AI) to “open up the world like we haven’t before,” inspiring “new forms of creativity and sub-genres” across the music and entertainment industries.While Ruxandra’s…

Ethereum's biggest update in over a year, Dencun, finally arrived on Wednesday after years of planning. It's seen as a good thing. But maybe not universally so.Proto-danksharding, the main change coming with the Dencun update (a portmanteau of two simultaneous updates: "Deneb" and "Cancun"), marks Ethereum's first step down the road of "sharding," a method

The U.S. Senate joined the House of Representatives on Thursday in seeking to erase the controversial Securities and Exchange Commission (SEC) crypto policy known as Staff Accounting Bulletin No. 121, though President Joe Biden has vowed to veto the resolution. The Senate voted 60-38 on the effort to overturn the policy, commonly referred to as

Credit: Shutterstock/Vinicius BacarinBug in ‘Timelocked’ Bitcoin Contracts Could Spur Miners to Steal From Each OtherA widespread bug has compromised a special type of bitcoin transaction that is supposed to discourage miners from cheating, new research shows. In a report released in late April, pseudonymous engineer 0xb10c found more than a million of these “timelocked” transactions…