Genesis Mining to End Unprofitable Crypto Contracts

news Livepeer, a decentralized video encoding platform built on the Ethereum network, announced it has received an $8 million Series A venture capital round lead by Northzone. Noticing the prodigious increase in video streaming across the web and the prohibitive costs involved in transcoding, serial entrepreneurs Doug Petkanics and Eric Tang built a platform that…

Galaxis, a "post-hype NFT utility platform," has raised $10 million ahead of its token launch.Participants included Chainlink, Ethereum Name Services (ENS) and Rarestone Capital.As it gears up for its token launch, Galaxis, a Singapore-based Web3 platform, has raised $10 million from funders including Chainlink, Ethereum Name Services (ENS), Rarestone Capital, Taisu Ventures and ENS co-founder

Uh oh, it’s starting again: People are again debating whether bitcoin (BTC) is actually a hedge.The conversations began on Saturday, after the cryptocurrency tanked nearly 10% — from around $70,000 to below $62,000 — following Iran’s failed missile attack on Gaza. The move inspired a few columns on Monday, including insightful ones from Fortune’s Jeff

Jun 22, 2020 at 16:28 UTCAngkor Wat, Krong Siem Reap, Cambodia, (Vicky T/Unsplash)Blockchain Bites: Bitmain’s $4B Valuation, Cambodia’s CBDC and BTC-e’s BustBitcoin is one of the only sources of funding available for the “pirate” science site, Sci-Hub, which is quietly engaged in war against copyrights. Despite Bitcoin’s ability to disintermediate money from politics, a new…

Apr 28, 2020 at 16:00 UTCBitcoin could hit $8K soon while Indonesia has created a thornless durian. It's CoinDesk's Markets Daily Podcast.Todays 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…

Thanks to Ripple Labs’s landmark win against the U.S. Securities and Exchange Commission (SEC) in July 2023, the crypto industry’s general attitude has become noticeably rosier and newly optimistic. Even if the SEC has vowed to appeal the ruling.So to no one’s surprise, traditional financial (TradFi) institutions suddenly want a piece of the cryptocurrency pie

A cryptocurrency dealer is being prosecuted in the U.S. for allegedly committing 30 counts of money laundering involving bitcoin.

May 20, 2020 at 14:11 UTCUpdated May 20, 2020 at 14:31 UTCThe new U.S. Space Force is one branch of the military that could benefit from blockchain usage, a new think tank report says. (Credit: United Launch Alliance / U.S. Air Force)The U.S. Department of Defense can’t afford to lose the global military blockchain race…

With BTC trading in its recent range and a look at DeFi in a post-WallStreetBets world, CoinDesk’s Market Daily is back with the latest news roundup.Add Markets Daily to your Alexa Flash Briefing here.This episode is sponsored by Nexo.io.Today's stories:GameStop comedown shows appeal of social media-fueled trading. Dogecoin chatter in Reddit reveals cryptocurrency analogue.Bitwise Asset…