Facebook’s David Marcus Steps Down From Coinbase’s Board

Jan 5, 2021 at 11:48 a.m. UTCBitcoin price for the last two days.(CoinDesk 20)Bitcoin Bounces Back Above $31K After Monday’s DropBitcoin is trading higher on Tuesday, and the bull market is looking less overheated than it did a day ago.At press time, the top cryptocurrency by market value is changing hands near $31,590, representing a…

Hindenburg continued: "Our research indicates, however, that Block has wildly overstated its genuine user counts and has understated its customer acquisition costs. Former employees estimated that 40%-75% of accounts they reviewed were fake, involved in fraud, or were additional accounts tied to a single individual."

A federal judge is considering forbidding “parties and witnesses” in the FTX case from speaking to the media, days after the U.S. Department of Justice alleged that FTX founder Sam Bankman-Fried leaked private documents from one of his co-conspirators to the press, according to court filings.The proposed order, filed Monday, comes as the DOJ claims…

news Utah County is to pilot the mobile voting app from Voatz in its municipal primary election in August. According to a press release on Tuesday, the county will offer the blockchain-based voting service to active-duty military, their eligible dependents and overseas voters. The pilot is a collaboration between the Utah County Elections Division, Voatz, Tusk…

Oct 25, 2020 at 15:58 UTCMainstream criminal adoption would prove that decentralized finance (DeFi) is building tools with real utility, because if there’s any one group that is both underserved in its access to sophisticated financial products and willing to pay huge premiums to acquire them, it’s criminals. The Silk Road was launched in February of…

On Sept. 15 last year, Ethereum implemented a pivotal upgrade, the Merge, which switched the largest smart contract blockchain to a proof-of-stake (PoS) consensus mechanism from a proof-of-work (PoW) setting.Since then, Ethereum has minted 680,455.31 ether (ETH) and burned 980,377.87 ether, causing a net supply reduction of 299,922.50 ether, according to the ethereum analytics dashboard

Reserve Bank of Australia building. Credit: ShutterstockCoronavirus Rate Cuts: Australia’s Central Bank Did It FirstHours before the U.S. Federal Reserve, the Reserve Bank of Australia (RBA) also cut interest rates in hopes of curbing market reaction to the ongoing coronavirus outbreak.In a meeting held on March 3, the RBA announced it would be cutting the…

Do Kwon and the company he co-founded, Terraform Labs, have agreed to a "settlement in principle" with the SEC in a civil case alleging fraud.Terra’s LUNA token surged as much as 38% after news of the agreement became public.Terraform Labs and co-founder Do Kwon have reached a "settlement in principle" with the U.S. Securities and

Alex ThornHead of Firmwide ResearchGalaxyHear Alex Thorn share his take on "Bitcoin and Inflation: It’s Complicated” at Consensus 2023.Alex ThornHead of Firmwide ResearchGalaxyHear Alex Thorn share his take on "Bitcoin and Inflation: It’s Complicated” at Consensus 2023.Lyllah Ledesma is a CoinDesk Markets reporter currently based in Europe. She holds bitcoin, ether and small amounts of…