Crypto News Roundup for Oct. 15, 2021
Markets Daily Crypto Roundup
With bitcoin breaking above $60K and a look at the growing scrutiny of stablecoins from U.S. regulators, CoinDesk’s Markets Daily is back with the latest news roundup.
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DeFi Insurer Nexus Mutual Raises $2.7M in NXM Token Sale
The firm aims to sell over $1 billion worth of cover in 2021 spread across at least 30 protocols.Feb 16, 2021 at 2:00 p.m. UTCDeFi Insurer Nexus Mutual Raises $2.7M in NXM Token SaleDecentralized insurance alternative Nexus Mutual received a $2.7 million boost to its foundation treasury, the not-for-profit umbrella organization charged with selling NXM…
Circle Issues Euro-Backed Stablecoin EURC Natively on the Solana Blockchain
Circle deployed its euro stablecoin on the Solana network to boost on-chain foreign exchange transactions and remittances.The company said it intends EURC to be a regulated e-money token under EU regulations.Stablecoin issuer Circle Internet Financial said its euro-backed stablecoin EURC is live on the Solana (SOL) blockchain, which is known for cheap, speedy transactions and
U.S. CPI Unexpectedly Rises to 3.2% Annual Pace in February; Core Rate Rises to 3.8%
The U.S. Consumer Price Index rose faster than expected last month, with the year-over-year pace up to 3.2% versus estimates for 3.1% and January's 3.1%, the government reported Tuesday morning. The core rate – which strips out food and energy costs – also disappointed to the upside, coming in at 3.8% against expectations of 3.7%.On
The Sandbox’s Largest Market for Creators Is Now India: Co-Founder Sebastien Borget
India has more than 66,000 content creators on the Metaverse platform The Sandbox, more than any other country. The increase follows the platform's decision to push for growth in India, and it's now targeting 1 million users in two years. 01:54 Kamala Harris Meme Coin Soars as Biden Drops Out; India’s Tax Policy Unlikely to
New York Crypto Companies Move to ‘Work From Home’ in Face of Rising COVID-19 Threat
Mar 11, 2020 at 17:46 UTCUpdated Mar 11, 2020 at 18:22 UTCDECENTRALIZED DESK: New York-based crypto companies are asking or mandating employees work from home to prevent the spread of COVID-19. (Photo by Danny Nelson for CoinDesk)New York Crypto Companies Move to ‘Work From Home’ in Face of Rising COVID-19 ThreatKadena CEO Will Martino had…
UK Government Pilots Blockchain in Bid to Secure Digital Evidence
The U.K. Ministry of Justice is investigating blockchain as a possible tool for securing digital forms of evidence, its deputy director said Thursday.
What Bitcoin Means for Athletes Like Me
Dec 17, 2019 at 12:00 UTCUpdated Dec 17, 2019 at 12:04 UTCThis post is part of CoinDesk's 2019 Year in Review, a collection of 100 op-eds, interviews and takes on the state of blockchain and the world. Russell Okung, "The Bitcoin Cleats Guy," is a philanthropist, entrepreneur, social activist and Super Bowl champion left tackle…
TikTok Let the Doge Out: Why TikTok Doge Is Everything About 2020 Finance in One Story
Jul 8, 2020 at 19:00 UTCUpdated Jul 8, 2020 at 19:14 UTC(Kon Karampelas/Unsplash)TikTok Let the Doge Out: Why TikTok Doge Is Everything About 2020 Finance in One StoryAfter a week of viral videos on TikTok, dogecoin is up 35% in price and 2000% in volume. What gives? For more episodes and free early access before our regular…