Introducing the New CoinDesk.com

"It appears to be a replacement for the entire ACH system of banking." Taariq Lewis, the founder of multiple blockchain startups and the SF Cryptocurrency Devs engineers meetup, sent that note with an attached white paper to CoinDesk in early August. "It's really strange," he said. "We received a copy of the white paper attached,…

Jan 22, 2020 at 01:35 UTCDAVOS — Switzerland’s banking industry has long been known to privately safeguard wealth, so some bankers see bitcoin as a natural fit for the nation’s financial sector.Although such bankers may still be a minority, Zurich-based SEBA Bank AG opened in November 2019 with a universal banking license and a suite of…

Nov 30, 2020 at 6:03 p.m. UTCUpdated Nov 30, 2020 at 6:04 p.m. UTCU.S. Department of Justice seal(Ramin Talaie/Getty Images)US Justice Department Extradites Alleged Co-Founder of Crypto Ponzi Scheme From PanamaThe U.S. Department of Justice (DOJ) has extradited the man accused of being one of the co-founders of the global cryptocurrency Ponzi scheme AirBit Club. The Acting…

Crypto and TradFi asset management are converging.From the record breaking launch of the U.S. spot bitcoin exchange-traded funds (ETFs) to BlackRock CEO Larry Fink’s latest claims that the next step is the “tokenization of every financial asset,” the direction of travel is becoming clearer. As assets migrate on-chain, more managers will be confronted with unique

Feb 17, 2020 at 12:14 UTCUpdated Feb 17, 2020 at 12:20 UTCCity of London image via ShutterstockCrypto custody provider Copper has raised $8 million in a Series A round – an investment it plans to use launching in new markets. Participants in the Series A included two U.K.-based venture capitals, LocalGlobe and MMC Ventures, as…

Nov 28, 2019 at 08:00 UTCUpdated Nov 28, 2019 at 07:37 UTCBitcoin has been sliding amid a lack of capital inflows, raising questions about the future for bitcoin in the long-term.Some analysts argue the nascent market has a long way to go before reaching maturity, as seen in traditional markets, where smoothed volatility and liquidity…

Coinbase CEO Brian Armstrong says the crypto exchange will indeed add support for the Lightning Network, one of the biggest endorsements yet for the blockchain that makes bitcoin (BTC) a more realistic option for payments by dramatically speeding up transactions.The company had said in early August that it was looking into Lightning support. On Wednesday

news Law firm Stewart McKelvey had a conflict of interest because it represented both QuadrigaCX and Jennifer Robertson, the widow of the failed cryptocurrency exchange’s founder Gerald Cotten. That’s according to a letter sent to creditors Wednesday from Miller Thomson, one of two law firms appointed as representative counsel for Quadriga customers by the Nova Scotia…

Nov 2, 2020 at 16:01 UTCUpdated Nov 2, 2020 at 16:02 UTCLightning Labs co-founder Olaoluwa Osuntokun at the 2019 Lightning Conference in Berlin. (Credit: Lightning Labs)(CoinDesk archives)Bitcoin’s Lightning Network Is Getting a Marketplace for Payment Channel LiquidityThe team behind the Bitcoin Lightning Network’s leading software implementation is launching a marketplace for Lightning users to lease…