Kik vs SEC – The Lawyers Speak

NEWS Aug 24, 2018 at 16:05 UTC  |  Updated  Aug 24, 2018 at 16:07 UTC The World Bank has exceeded its $73 million goal for its upcoming blockchain bond by $8 million, according to a new announcement. As previously reported by CoinDesk, Australia's Commonwealth Bank (CommBank) intends to settle the bond, dubbed bond-i (for blockchain operated…

The recent Dencun upgrade lowered fees by 4x, on average.This led to less ETH being burned, thus reversing its status as a deflationary asset.Ethereum's recent Dencun upgrade, which was designed to reduce fees and help scale the network, has caused ether (ETH) to revert back to an inflationary asset -- potentially reversing one of the

news Over 700,000 user accounts from a freelancing website are moving onto the EOS blockchain. Moonlighting, a marketplace for freelance professionals launched in 2014, has taken on a $5 million investment round led by the FinLab EOS VC fund, a joint venture of FinLab AG and Block.one. The investment will be used to grow Moonlighting’s user…

Danny is CoinDesk's Managing Editor for Data & Tokens. He owns BTC, ETH and SOL.Cryptocurrency investment fund Arca called on DAO builder Aragon to conduct buybacks of its ANT token in an open letter Tuesday, adding institutional weight to the activist investor row currently besieging the crypto governance startup.“We are planning to work with other…

The Middle East has been making strides in Web3. The United Arab Emirates (UAE) established digital assets regulators such as the Virtual Assets Regulatory Authority (VARA) in Dubai and the Abu Dhabi Global Market (ADGM) in Abu Dhabi. Last year, ADGM-based Hub71 launched a $2 billion initiative to support Web3 startups in the region. Thanks

“I think there is a new age of wealth coming … a massive transformation of wealth that’s occurring right now from baby boomers to their children.”Sean Ristau of FinTech infrastructure company Prime Trust joins “On Purpose” host Tyrone Ross for an in-depth discussion of the growing intersection between technology and finance. Ristau sees an incoming…

Trading with XRP ballooned in the past 24 hours, propelled by an euphoric price rally, and major crypto exchanges that embraced trading of the token, after a partially favorable court decision on Thursday.The trading volume of XRP pairs on centralized exchanges grew by a staggering 1351% on Thursday compared to the previous day, Josh de…

Crypto wallet Beam, which is backed by notable digital asset investors, such as venture capital giant Andreessen Horowitz (a16z) and the investment arm of Coinbase (COIN), went live on Thursday.Beam was developed by fintech firm Eco, the developer of a protocol of the same name. The wallet will support the protocol's native token ECO and…

Judge James Mellor said that Wright was not Satoshi Nakamoto the creator of Bitcoin.What happens next will depend on what Mellor states in his written judgment.The Crypto Open Patent Alliance (COPA) secured an initial victory on Thursday when the presiding judge in its U.K. trial against computer scientist Craig Wright declared that he is not