Epic Games Alum Mike Seavers Will Join Web3 Giant Yuga Labs as CTO

Cam Thompson is a news reporter at CoinDesk.Non-fungible token (NFT) creative network Palm NFT Studio is rolling out the Palm Generative Art Maker, a tool to help creators mint generative art collections on the blockchain.The tool provides the infrastructure for artists to carefully craft their code, store it on-chain and produce a body of generative…

Aug 31, 2020 at 10:00 UTCHuobi and OKEx Battle for Supremacy in ChinaCryptocurrency exchange Huobi is taking aim at competitor OKEx in China, specifically the business of trading bitcoin futures and other derivatives contracts. The fight opens a new front in a longstanding rivalry.  OKEx, which is led by Chinese executives and based in Malta,…

Robinhood (HOOD) saw first quarter notional crypto trading volume of $36 billion, up 224% from year-ago levels.That led to a 232% increase in crypto-related a revenue to $126 million, a primary factor, said the company, in driving overall first quarter transaction-based revenue up 59% year-over-year to $329 million.20:00What Happens if ETH Is Deemed a Security?02:13Binance

The Ethereum layer-2 project Optimism has been all smiles since its launch in late 2021 – but with a missing tooth. Namely, it lacked the "fault proofs" critical to making the project an "optimistic" rollup; these are critical for challenging malicious transactions. As of this week, the gap has finally been filled in. Read on.Crypto-lending

Let’s make a deal… for NFTs. Non-fungible token (NFT) marketplace OpenSea announced Thursday it's rolling out “Deals,” a peer-to-peer NFT swap function to help traders bolster their collections and engage with other collectors directly.OpenSea said in a tweet that Deals will allow collectors to trade NFTs among each other – as well as to include…

In another day of crypto market drudgery, bitcoin (BTC) briefly feinted higher Friday before settling back into its increasingly familiar environs below $30,000. The largest digital asset by market capitalization was recently trading at $29,904, up 0.3%.Ether (ETH), the second largest cryptocurrency, remained largely unfazed during the day, lingering at around its weekly low below…

Aug 24, 2020 at 14:04 UTCUpdated Aug 24, 2020 at 14:39 UTCNasdaq-listed cryptocurrency mining company Marathon Patent Group received and deployed two shipments of new mining machines, which increased the company’s hashrate by 130 petahash per second to 186 petahash per second. According to an announcement Monday, the company received 700 WhatsMiner M31S+ Miners from…

Jun 22, 2020 at 16:00 UTCWith gold up and the price of bitcoin treading water, today we’re talking academic piracy and Cambodia’s blockchain plot to escape the dollar. For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS. This episode is sponsored by Bitstamp and Ciphertrace. Bitcoin is reporting moderate gains on Monday as…

Jul 29, 2020 at 20:59 UTCUpdated Jul 29, 2020 at 21:26 UTC(Shutterstock, modified using PhotoMosh)Scammers Are Forging CoinDesk Emails – Here’s How to Protect YourselfOne of the most unfortunate aspects of the crypto space is its tendency to attract scams. The world bore witness to this in early July when one of the boldest hacks…