First Mover Americas: SEC Warns Coinbase
The SEC sued Justin Sun, founder of the Tron blockchain, on Wednesday on allegations that his projects sold and airdropped unregistered securities and committed fraud and market manipulation. The SEC said in a press release it was suing Sun, the Tron Foundation, the BitTorrent Foundation and BitTorrent over the sale of the tronix (TRX) and bitTorrent (BTT) tokens, which the regulator described as unregistered crypto-asset securities. The Tron network’s native TRX token dropped 13% to 5.8 cents after the announcement, according to CoinDesk data.
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Coinbase Expands Crypto-to-Crypto Trading to 11 More Countries
news Cryptocurrency exchange Coinbase is expanding crypto-to-crypto conversions and trading services to 11 more countries. The San Francisco-based firm announced the news in a blog post on Wednesday, saying that customers in Argentina, Mexico, Peru, Colombia, Chile, India, Hong Kong, South Korea, Indonesia, the Philippines and New Zealand can now access crypto-to-crypto exchanging services. The…

CPI Growth Is Set to Slow Even More
Inflation growth is rapidly closing in on the Federal Reserve’s 2% target. One of my favorite parts of every morning is drinking coffee. After my espresso maker warms up, I look forward to making two lattes, each with an extra shot of espresso. It has become such a part of my routine that often, I

The Protocol: How to Engineer Harder Money, or Just Make Your Own
Bitcoin's supply growth is set to automatically drop by 50% when next week's "halving" arrives, Ethereum is pondering a cut in ETH issuance, and meme coin issuers are just no-holds-barred spinning up new ones. What's clear is that blockchain tech enables all sorts of monetary strategies.The new meme coin generator called "Pump" is used to

Startup Tokenizes $2.2B in Commercial Real Estate Through Polymath
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Blockchain Bites: Bitcoin in Space; Prime Brokerage Race; Nodes You Can’t Trace
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Bitcoin News Roundup for April 22, 2020
Apr 22, 2020 at 16:00 UTCBitcoin reacts to stimulus packages and the U.K. bails out Big Tech. It's CoinDesk's Markets Daily podcast.Today's stories:For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.Disclosure Read More The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards…

Weekend Attack Drains Decentralized Protocol dForce of $25M in Crypto
Apr 19, 2020 at 04:30 UTCUpdated Apr 19, 2020 at 04:43 UTCdForce's Lendf holdings appear to be completely drained. (Credit: Shutterstock)Decentralized finance protocol dForce has lost over 99 percent of its assets in an attack Saturday night, according to DeFi Pulse.Lending protocol Lendf.me saw some $25 million in ether (ETH) and bitcoin (BTC) exit its…

A Crypto Fix for a Broken International Monetary System
opinion The international monetary system is broken. Helping to fix it poses a huge opportunity for the cryptographers behind cryptocurrency and blockchain technology. Now they have one of the stewards of that system in their corner: Mark Carney, the outgoing Bank of England Governor. A week ago in Jackson Hole, Mont., Carney told the Federal…