Crypto Mining Firm Receives Bomb Threat Over Noise Level

Caroline Ellison, flanked by her attorneys, was sentenced to two years in prison and three years of supervised release for her role in propping up FTX and Alameda Research last week. You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions.

Decentralized finance (DeFi) credit marketplace Credix Finance has opened a new private credit lending pool using the layer 1 blockchain Solana, the firm said Wednesday.Lenders can capture near 11% annual yield investing in insurance-protected private credit to Colombian farmers backed by receivables, said Credix, which believes the pool could swell to $150 million over the…

Lots of critics have a hard time seeing the value proposition of blockchains, and I can’t entirely blame them. As I often have to tell my clients, anything you can do on a blockchain you can do better, faster and cheaper with a centralized system. So why bother at all?Blockchains are absurdly complicated systems where…

Bitcoin's (BTC) drop to five-day lows on Monday has likely emboldened the bears, technical studies indicate. The leading cryptocurrency traded in a sideways manner over the weekend, neutralizing the immediate bullish outlook. However, the consolidation was expected to end with an upside break, as the short-term moving averages (MAs) turned bullish on Saturday, adding credence…

May 29, 2020 at 18:40 UTCCredit: Alina Grubnyak/UnsplashStephanie Hurder, a CoinDesk columnist, is a founding economist at Prysm Group, an economic advisory focused on the implementation of emerging technologies, and an academic contributor to the World Economic Forum. She has a PhD in Business Economics from Harvard. On May 15, Decrypt reported that six weeks after…

news Crypto startup TrustToken announced Wednesday that its smart contract has passed three independent security audits conducted by Certik, SlowMist and Zeppelin, with no vulnerabilities found. Moreover, its TrueUSD stablecoin has now exceeded $1.1 billion in monthly trading volume, with a $200 million market cap, according to the firm’s data. As part of its efforts…

news Max Boonen is founder and CEO of crypto trading firm B2C2. This post is the first in a series of three that looks at high-frequency trading in the context of the evolution of crypto markets. Opinions expressed within are his own and do not reflect those of CoinDesk.  The following article originally appeared in Institutional Crypto by CoinDesk,…

Bitcoin (BTC) held steady around $63,700 in the aftermath of the cryptocurrency's fourth halving, an event that upends the economics for the miners who power the Bitcoin ecosystem.BTC recently barely moved from its level right before the 840,000th Bitcoin block was mined just as Saturday began in UTC time. Bitcoin had slumped as low as

This week sees the kick-off of COP28, the annual conference to discuss a coordinated global approach to dealing with climate change issues. This year, it is held in the United Arab Emirates (UAE), one of the world’s largest oil producers.Already desperate rhetoric is emphasizing the catastrophic cost of inaction; 120 heads of state are brushing