Ethereum-Powered Insurer Nexus Is Winning Over Blockchain Skeptics

Digital Currency Group (DCG) in a letter to investors Monday morning reported results for the fourth quarter and fiscal 2023. Full text follows.We are pleased to share our Q4 2023 Investor Report, which includes details regarding DCG’s financial performance and notable business developments. With a rally in crypto asset prices that kicked off this year

Jul 20, 2020 at 16:25 UTCWu Jihan of Bitmain speaks at CoinDesk's Consensus. (CoinDesk archives)Power Struggle Inside Bitmain ‘Hard Forks’ Bitcoin Miner ProductionThe ongoing battle between the co-founders at Bitmain has now essentially hard forked the world’s largest bitcoin miner manufacturer into two different operations and supply chains for making its flagship AntMiner equipment. Wu…

Rootstock's new plan to bring programmability to Bitcoin could unfold over the next 12 months.The project could lead to the development of layer-2 networks atop Bitcoin without requiring any major changes to the blockchain's underlying code.Sergio Demian Lerner, an Argentine developer known for his early work on Satoshi Nakamoto's bitcoin stash, discussed the project Wednesday

NEWS Christine Lagarde, managing director and chairwoman of the International Monetary Fund (IMF), has encouraged the exploration of a central bank digital currency (CBDC) in the light of decreasing demand for cash and rising preference for digital money. In a prepared speech for the Singapore Fintech Festival on Wednesday, Lagarde said: “I believe we should…

This article originally appeared in First Mover, CoinDesk’s daily newsletter putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day.Latest Prices(CoinDesk)Top StoriesFollowing a surge to 20-month highs last week, bitcoin appears to have settled into a new range, trading between $42,000 and just over $43,000 for much

Nov 3, 2020 at 13:49 UTCUpdated Nov 3, 2020 at 14:43 UTCAnt Group and Alibaba founder Jack Ma(Frederic Legrand - COMEO/Shutterstock)Shanghai, Hong Kong Stock Exchanges Pause Ant Group IPO Over Regulatory Concerns[UPDATED] Ant Group’s IPO has been suspended on both the Shanghai and Hong Kong stock exchanges due to significant changes in China’s regulatory environment…

news A closely-watched proposal to list a bitcoin exchange-traded fund on the Cboe BZX Exchange was withdrawn Wednesday – and the ongoing partial shutdown of the U.S. government appears to be to blame. As CoinDesk reported, the filing was “temporarily withdrawn”, according to VanEck VanEck director of digital asset strategy Gabor Gurbacs. He also said that…

Jul 30, 2020 at 02:00 UTCNewly launched derivatives platform EQUOS.io is set to become the United States’ first publicly-traded crypto exchange later this year through a “backdoor listing” on the Nasdaq. Hong Kong-based Diginex announced Thursday it is combining EQUOS.io with Singapore’s 8i Enterprises Acquisition Corp – a special-purpose acquisition company (SPAC) listed on the…

news Ethereum transaction fees are back on the rise and gaining parity with bitcoin transaction fees. As seen in data charts provided by blockchain analytics firm CoinMetrics, ethereum surpassed bitcoin in daily transaction fees on Sept. 21. While ethereum has since been maintaining a close parity with bitcoin’s daily transaction fees, bitcoin currently beats out…