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

Euro area central banks will set out plans for a wholesale central bank digital currency (CBDC) in the coming weeks, as they seek to innovate how financial institutions settle securities and foreign exchange transactions, the governor of France’s central bank said Tuesday.The wholesale plans appear to be moving faster than a much more controversial plan

Another do-it-yourself build-a-blockchain tool is about to launch. Speaking at the Web3 Summit in Berlin Tuesday, ethereum co-founder and Parity Technologies founder Gavin Wood announced that his company's new tool, Substrate, is weeks from release. As the technical underpinning for his interoperability protocol Polkadot, Substrate provides a generalized platform for blockchain development. And according to Wood,…

news The National Basketball Association (NBA) and Dapper Labs are teaming up to announce the launch of a digital platform for blockchain-based collectables, NBA Top Shot. According to the companies, fans of the game can buy, sell, and trade digitally collectable in-season moves like “Kevin Durant’s 3-point shot or Joel Emiid’s dunk.” Digital collectables can…

The price of Bitcoin (BTC) hit $40,000 on Sunday for the first time in 18 months, while Ethereum (ETH) rose past $2,200 amid a broader – if subdued – rally in the crypto markets.Bitcoin's price had been toying with the $40,000 level in recent days, but finally breached it Sunday to trade at around $40,130

Nov 4, 2020 at 22:55 UTCUpdated Nov 4, 2020 at 23:19 UTCBlockstream Is Working on Simpler, More Private Multi-Sig Bitcoin TransactionsWith Bitcoin’s long-awaited Taproot upgrade on the horizon, the engineers at Blockstream are working on a new scheme to improve multi-signature transactions. These transactions, which require signatures from more than one private key to authorize spends,…

Institutions are heavily allocating their portfolios to ether and bitcoin, while retail users are more bullish on bitcoin, according to a Bybit report.Bybit's report highlights a shift in market sentiment since December, with institutions now favoring ether due to the anticipated Dencun upgrade and reducing their altcoin positions.Despite Solana's strong performance in Q3 2023, Bybit

Richard Malish is General Counsel at NICE Actimize where he counsels on global anti-money laundering, fraud, trading compliance and banking regulatory matters. The New York Attorney General ("NY AG") recently issued a report on its fact-finding enquiries to multiple virtual currency trading platforms believed to be operating in New York. One of its many interesting…

Sam is CoinDesk's deputy managing editor for tech and protocols. He reports on decentralized technology, infrastructure and governance. He owns ETH and BTC.In the age of large language models (LLMs) and ChatGPT, AI is poised to make a weird internet even weirder – turning the content-driven social media apps, news sites and media platforms of…

Cryptocurrency exchange Bitstamp is getting a new matching engine developed by Cinnober, a global provider of exchange and clearing technology whose clients are mostly traditional stock and commodity markets. Cinnober's TRADExpress Trading System will replace Bitstamp's in-house matching engine, the companies announced Monday. The new system will drastically increase the exchange's capacity to match orders, which is…