Handshake Revealed: VCs Back Plan to Give Away $100 Million in Crypto

feature During a tense Senate Banking Committee hearing on Tuesday, in which Facebook blockchain lead David Marcus was skewered over the social media company’s ambitious Libra project, Sen. Mike Rounds (R-S.D.) started his remarks with a brief announcement: “Mr. Marcus, thanks very much for appearing here before us today. Before I begin my questions, I just…

This week in prediction markets: Harris pulls ahead on Polymarket MAGA and crypto are likely on the agenda for Trump's interview with Musk as the former president returns to X Kalshi bettors see slim chance OpenAI's Sora is released to the public before 2025 U.S. Vice President Kamala Harris now has a seven-point lead over

Dec 13, 2019 at 02:00 UTCUpdated Dec 13, 2019 at 15:32 UTCCredit: Photo by Jeremy Bishop from PexelsCryptocurrencies Are Still the World’s Best Performing Asset Class This YearAs the year and decade come to an end, cryptocurrencies once again outperform other major asset classes.Despite trading significantly down from their record highs of late December 2017,…

news The Takeaway: EOS is the world’s seventh-largest blockchain by market cap, with a value topping $3 billion since February 2019. However, the project has long been plagued by fears that its structure was too centralized, and now the lion’s share of entities that govern the chain are in China, prompting fears of state intervention. EOS contributors…

Photo by sebastiaan stam on UnsplashHow Imposters Scam Entrepreneurs Out of Their CryptoOn Jan. 31, a Telegram user calling himself "Danny Nelson" contacted Karla Vilhelem, a public relations professional, with an unseemly proposal. Pretending to be the CoinDesk reporter of the same name, he said he would publish a post about her client but wanted…

Nov 2, 2020 at 16:22 UTCUpdated Nov 2, 2020 at 16:38 UTCJaime Leverton(Jaime Leverton/LinkedIn)Publicly traded mining company Hut 8 announced Jaime Leverton as its new CEO Monday, set to replace interim CEO Jimmy Vaiopoulos on Dec. 1. Former CEO Andrew Kiguel stepped down in late April and then-CFO Vaiopoulos was elevated on a temporary basis…

Sep 30, 2020 at 19:45 UTCUpdated Sep 30, 2020 at 20:39 UTCU.S. President Donald Trump participates in the first presidential debate against Democratic presidential nominee Joe Biden. (Win McNamee/Getty Images)Election 2020 Prediction Markets: Bettors Say Trump Lost Tuesday's DebateWith the first Trump–Biden debate now smoldering behind us, the betting markets have picked their winner. That…

Aug 13, 2020 at 12:45 UTC(Mr. Soraphan Menaphan/Shutterstock)What Bitcoin Can Learn From Gold About Staying ‘Clean’J.P. Koning, a CoinDesk columnist, worked as an equity researcher at a Canadian brokerage firm and is a financial writer at a large Canadian bank. He runs the popular Moneyness blog. Bitcoin is often described as digital gold. If bitcoin…

Jun 17, 2020 at 11:12 UTCUpdated Jun 17, 2020 at 11:25 UTCBinance’s New UK Exchange to Provide Institutions with Regulated Access to CryptoBinance wants its new U.K. trading platform to become a one-stop-shop for British and European institutions interested in investing in the digital asset class. Per a report by Reuters on Wednesday, Binance said…