Korea’s Jeju Island Seeks to Become ICO Hub Despite Domestic Ban
Korea’s Jeju island is eyeing a plan to allow crypto projects to conduct initial coin offerings in the self-governing province despite a domestic ban.
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Miners Eye Middle East as Next Region for Growth
The Biden Administration's proposed 30% tax on electricity use for digital asset mining operations is raising concerns among crypto miners that they could be priced out of operating in the U.S. market communities.Crypto miners in the United States represent over 29% of the total nodes on the Bitcoin network. But that percentage may fall if
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Bitcoin’s Bearish September May Be Its Best Since 2013 Ahead of Bullish October
Bitcoin is set to record a gain of at least 9% this September, defying its historical trend of negative returns for the month, with only two prior instances of positive growth since 2013. October traditionally favors bitcoin with only two negative months since 2013, and current market conditions, including global monetary policies and U.S. political
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Coinbase Custody and Bison Trails Expand Integration to Enable Staking of Solana Tokens
Aug 27, 2020 at 15:31 UTCUpdated Aug 27, 2020 at 15:37 UTCCoinbase Custody CEO Sam McIngvale (CoinDesk archives)Coinbase Custody and Bison Trails announced on Wednesday that users would now be able to stake their Solana (SOL) tokens on Bison Trails platforms. In an announcement posted on its website, blockchain infrastructure firm Bison Trails said this…
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Binance Crypto Withdrawals Temporarily Unavailable Due to Technical Issues
Crypto withdrawals on Binance are temporarily unavailable due to a "technical issue," according to a post on the exchange's X account."We are experiencing a technical issue with crypto withdrawals," the post said. "As a result, they are temporarily unavailable whilst our team works on the fix. Fiat withdrawals are available and working. All funds are
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Bitcoin and Crypto Closing Out Lame Quarter and One Analyst Believes More Pain Could Be in Store
A powerful start to 2024 had the bulls predicting $100,000 bitcoin (BTC) at some point this year, but relentless selling pressure during April and June (interrupted by a May bounce) has the price struggling not to drop below $60,000 as the quarter draws to a close. Entering the second quarter, bitcoin was trading just shy
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Modular Blockchain Astria Raises $5.5M for Shared Sequencer Network
Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Jamie Crawley is a CoinDesk news reporter based in London.Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Modular blockchain Astria has raised $5.5 million in seed funding to develop its shared sequencer network.The…
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Farcaster, Blockchain-Based Social Media Startup, Raises $150M, Led by Paradigm
Farcaster, a blockchain-based social-media project, has secured $150 million in a fundraising round led by Paradigm, with participation from a16z, Haun, USV, Variant and Standard Crypto, according to a post by founder Dan Romero."This will support our work on Farcaster for many years to come," Romero wrote Tuesday in an update. He added that the
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Kenya Central Bank Takes Ambivalent Stance on Digital Currency
The Central Bank of Kenya said "pain points" in the country's payments systems can be addressed by innovations structured around the existing ecosystem and that a central bank digital currency (CBDC) "may not be a compelling priority."In a statement published on Twitter on Friday, the central bank said it received more than 100 comments on…