Dubai Plans to ‘Disrupt’ Its Own Legal System with Blockchain

Pudgy Penguins, a non-fungible token (NFT) project made up of cute chubby birds, has experienced waves of success and mishap since its debut in July 2021, including a rapid downturn in price and sentiment as doubts surrounding the founders emerged later that year.The community of holders, known as Pengus or “the Huddle,” was upset that…

news Facebook has reportedly revealed the percentage breakdown of a basket of global currencies that will underpin its Libra cryptocurrency. While it’s already known that 50 percent of the basket will be on the U.S. dollar, the German newspaper Der Spiegel said in a report on Friday that the remaining portion will consist of the euro, the yen, the…

Featured SpeakerChristy Goldsmith RomeroCommissionerU.S. Commodity Futures Trading CommissionExplore the policy fallout from the 2022 market crash, the advance of CBDCs and more.Sandali Handagama is a CoinDesk reporter with a focus on crypto regulation and policy. She does not own any crypto.Featured SpeakerChristy Goldsmith RomeroCommissionerU.S. Commodity Futures Trading CommissionExplore the policy fallout from the 2022 market…

The general manager of Binance Japan described stablecoins as the "glue" between the real economy and the blockchain in an interview with CoinDesk Japan.Takeshi Chino, speaking ahead of Binance's re-entry into Japan via its acquisition of regulated crypto exchange Sakura Exchange BitCoin, described how volatility of crypto prices may lead to profit opportunities but will…

Featured SpeakerBowTiedBullPresidentBowTied JungleThe pseudonymous investor BowtiedBull explores the BowtiedJungle, where citizens swap advice on investing, job-seeking, ...Elizabeth Napolitano is a news reporter at CoinDesk. Featured SpeakerBowTiedBullPresidentBowTied JungleThe pseudonymous investor BowtiedBull explores the BowtiedJungle, where citizens swap advice on investing, job-seeking, ...DeFi protocol SushiSwap has recovered $186,000 worth of ether (ETH) that a hacker drained from…

Jul 13, 2020 at 16:35 UTCBlockchain Bites: It’s Never Been Harder to Mine BitcoinBitcoin’s mining difficulty is at a record high, Singapore’s central bank digital currency could find commercial use and Chinese firms are going in on Filecoin. Here’s the story: You’re reading Blockchain Bites, the daily roundup of the most pivotal stories in blockchain and…

news Switzerland’s “Crypto Valley” is centered on Zug, a tiny, semi-infamous tax haven hamlet known for harboring embargo-breaking oil trader Marc Rich in the 1980s, tax shells in the 1990s and tech companies in the age of bitcoin. Zug and its Silicon Valley-esque moniker are 30 minutes’ drive south of Zurich. But if a new…

May gray turned to June gloom on Thursday as crypto prices veered slightly into the red.Bitcoin, the largest cryptocurrency by market capitalization, was recently trading at about $26,950, down 0.5% over the past 24 hours and the second consecutive day BTC dropped below $27,000, according to CoinDesk Indexes. The inauspicious beginning to June carried over…

In this week's issue, we're covering crypto developers' renewed focus on the Ethereum blockchain's controversial overreliance on a single software "client" called Geth, and the grumbles of crypto users who were hoping for a bigger token airdrop from the Manta project.Top picks from this week's Protocol Village column of blockchain project updates:Highlights from the annual