Dubai Free Zone Becomes First UAE Government Entity to Accept Bitcoin

Denis Pitcher, chief fintech advisor to the Premier of Bermuda, speaks with CoinDesk’s Michael Casey in Davos, Switzerland. (Image via CoinDesk video)In what must have been a drastic change for Denis Pitcher, chief fintech advisor to the Premier of Bermuda, he and CoinDesk’s Michael Casey took to the chilly streets of Davos to talk about…

news Metropolitan Commercial Bank maintained accounts for stablecoin issuer Tether and affiliated companies for less than half a year before shutting them down, a spokesperson told CoinDesk. The New York Attorney General (NYAG)’s office, which is embroiled in a legal battle with Tether and its sister company, crypto exchange Bitfinex, filed new documentation Monday showing that…

An infamous wallet that had borrowed over $150 million worth of stablecoins from lending and borrowing platform Venus Protocol was liquidated for over $30 million as bnb (BNB) prices fell to $209 this morning.Over 6.89 million venus bnb (vBNB) tokens, worth $30 million, were likely manually liquidated by the BNB Chain developer team, in line…

BTC's price surge doesn't compensate for the price volatility risks, a chart by Goldman Sachs shows. Gold's relatively higher risk-adjusted returns explains its safe haven appeal. Bitcoin (BTC) has surged over 40% this year, outshining major equity indices, fixed-income securities, gold and even oil, which recently rose on the back of geopolitical tensions. However, according

Jun 2, 2020 at 19:28 UTCUpdated Jun 2, 2020 at 19:37 UTCElena Rostunova/Shutterstock.comCellphones, Bitcoin and the Citizen Tools of Anti-Authoritarianism, Feat. Alex GladsteinAs protests mount in the U.S., we sit down with an outspoken pro-bitcoin, anti-surveillance human-rights advocate. Alex Gladstein is the chief strategy officer of the Human Rights Foundation. He is a powerful voice…

Each month, it seems, a new blockchain is announced. They come in various forms — L1s, L2s, L3s, Parallel EVMs, and so on. But, at their core, they are all about creating new infrastructure rails for developers to build the app that will finally drive real adoption. Each announcement is often accompanied by a fundraising

news Some of the world’s biggest banks are said to be investing around $50 million to build a blockchain-based digital cash settlement system. A Reuters report on Friday, citing “people familiar with the plans,” said possibly a dozen unspecified banks are involved in the project. The participating banks will reportedly be setting up a new…

opinion Noelle Acheson is a veteran of company analysis and member of CoinDesk’s product team. The following article originally appeared in Institutional Crypto by CoinDesk, a newsletter for the institutional market, with news and views on crypto infrastructure delivered every Tuesday. Sign up here. ————————– You would be forgiven for thinking that the crypto winter seems to have…

Morgan Stanley already has a nearly 11% stake in the bitcoin-laden business intelligence company MicroStrategy.Morgan Stanley (Image via TK Kurikawa / Shutterstock)Feb 13, 2021 at 4:00 p.m. UTCUpdated Feb 13, 2021 at 4:03 p.m. UTCMorgan Stanley Unit Considers Bitcoin Investment: BloombergMorgan Stanley’s $150 billion Counterpoint Global investment unit is considering placing a bet on bitcoin,…