Genesis Mining to End Unprofitable Crypto Contracts

SuperDao, the platform that helps communities build their decentralized autonomous organization (DAO), has announced that it is shutting down and returning leftover money to investors.DAOs are blockchain-based organizations that are governed by code instead of leaders.The firm raised $10.5 million in its seed round in 2021 with investment from SignalFIre, Circle and One Block Capital.SuperDao

Feb 27, 2020 at 07:28 UTCCut the Consensus: You Can’t Run a Business Like a BlockchainWilliam Mougayar, a CoinDesk columnist, is the author of “The Business Blockchain,” producer of the Token Summit and a venture investor and adviser.It has become trendy to apply blockchain governance principles to almost anything. But if we want to make…

Tokens listed in the U.S. Securities and Exchange Commission (SEC) lawsuit against U.S crypto exchange Coinbase (COIN) are tanking.The SEC sued Coinbase on allegations of violating federal securities law, a day after filling a similar suit against Binance. The exchange’s shares tanked 20% in pre-market trading.The tokens listed in the lawsuit are Solana (SOL), Cardano…

An Ethereum transformation is on the horizon, and no one is sure how the market will respond. In time the “Shanghai” upgrade may be remembered as a uniquely bullish event for ether (ETH), the world’s second-largest cryptocurrency by market value.In the short term, however, a number of the world’s leading Ethereum quant traders who historically…

WASHINGTON, D.C. — Heather “Razzlekhan” Morgan, who helped launder the proceeds of the 2016 Bitfinex hack led by husband Ilya “Dutch” Lichtenstein, has been sentenced to 18 months in prison in the incident that drained almost 120,000 bitcoin from the exchange. Her husband, who'd conducted the 2016 hack, was sentenced to five years last week

news Bank of England governor Mark Carney said that distributed ledger tech (DLT) projects have the potential to “unlock billions of pounds in capital and liquidity” — and that they might one day see closer cooperation with the central bank itself. Carney spoke on June 20 during an appearance at the Lord Mayor’s Banquet for Bankers…

The Ethereum blockchains's biggest upgrade since early 2023 went live on the second of three test networks, bringing the much-anticipated "Dencun" project and its "proto-danksharding" feature a step closer to reality.Proto-danksharding is designed to reduce the cost of transactions for layer-2 blockchains as well as make data availability cheaper, through the introduction of a new

A federal judge has let the U.S. Securities and Exchange Commission (SEC) argue it can appeal against her ruling that Ripple didn’t violate securities laws in making XRP available to retail traders by putting it on exchanges.Judge Analisa Torres, of the U.S. District Court for the Southern District of New York, granted the request for…

NEWS Oct 5, 2018 at 21:00 UTC  |  Updated  Oct 5, 2018 at 22:05 UTC Famous rapper Soulja Boy might just be a bitcoin hodler. The 28-year-old musician, perhaps best-known for his debut single "Crank That," debuted a new song about bitcoin in his latest album "Young Draco." Simply titled "Bitcoin," the track describes how Soulja…