In Wargaming Exercise, a Digital Yuan Neuters US Sanctions and North Korea Buys Nukes

Craig Wright, an Australian computer scientist who claims he is blockchain innovator Satoshi Nakamoto and owns the concepts underpinning Bitcoin, must pay 400,000 British pounds ($516,000) in security for legal costs to pursue claims against crypto exchanges Coinbase and Kraken.James Mellor, a judge at the England and Wales High Court, said he wasn’t convinced Wright…

UBS doesn't believe bitcoin constitutes money or a viable asset class yet, but it could in the future.

markets View With the hash rate or miner’s confidence hitting record highs, bitcoin’s three-day narrowing price range looks set to end with a bullish breakout. A range breakout would open the doors to $10,956 – the bearish lower high created on Aug. 20. A break below Friday’s low of $10,154 would confirm a range breakdown…

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news The Kadena blockchain went live on mainnet Monday. Formally called Chainweb, Kadena’s blockchain is a proof-of-work (PoW) network similar to bitcoin. But where bitcoin struggles with processing large transaction volumes, the Kadena network attempts to solve the problem of limited scalability by weaving multiple PoW blockchains together to run concurrently. In doing so, the…

news David Lu is a partner at 256 Ventures where he focuses on partnering with early stage blockchain companies and a venture partner at Virgil Capital, a quantitative cryptocurrency hedge fund. Find David on Twitter. The following is an exclusive contribution to CoinDesk’s 2018 Year in Review. Ethereum and EOS, the two major platforms on which decentralized applications (dapps)…

GameStop's 900% gain (and the wipeout of Wall Street shareholders) is the talk of financial markets from stocks to crypto.(GameStop, modified by CoinDesk)Jan 29, 2021 at 10:28 p.m. UTCAll Over the World, Small Investors Jump Into the GameStop FrenzyThe world is watching U.S. markets with great interest, and more than a little FOMO, as Reddit…

news Facebook’s Libra could potentially solve some of the problems in the international payments market, but it might create a number of others that will require creative thinking by the regulators, says an European central banker. In comments to the German federal parliament Bundestag on Wednesday, Benoit Coeure, a member of the Executive Board of the…

Terraform Labs and its co-founder, Do Kwon, are asking a federal judge to side with them in the U.S. Securities and Exchange Commission (SEC) fraud case, arguing that the regulator hasn't managed to prove the crypto company was offering securities."After two years of investigation, the completion of a discovery period that resulted in the taking