Losing the Lambos: It’s Time to Get Serious About Crypto’s Big Questions

Shaquille O'Neal will have to defend himself against some of the allegations in a class action lawsuit against him concerning the promotions he did for the Astrals NFT project. The court did dismiss the allegation that O'Neal was a "control person," meaning someone who exercised actual power. A U.S. court has granted one part and

CRV, the native token of stablecoin-focused decentralized exchange Curve Finance, which faced a security exploit late Sunday, is trading significantly higher on South Korea-based digital assets exchange Bithumb.Curve, widely regarded as the backbone of the decentralized finance (DeFi) ecosystem, fell victim to a reentrancy attack that risked $100 million worth of digital assets. In a…

Mangrove, a decentralized exchange (DEX), went live on Polygon's testnet with a programmable order book, the firm said on Monday.Paris-based Mangrove has raised about $10 million so far, and is backed by trading and market making powerhouses like Wintermute and Cumberland. A mainnet launch will follow around the start of next month, the company said.2020’s…

Michael J. Casey is the chairman of CoinDesk's advisory board and a senior advisor for blockchain research at MIT's Digital Currency Initiative. The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday exclusively to our subscribers. As anger has grown over the power wielded by internet gatekeepers such as Facebook and…

Jul 31, 2020 at 11:56 UTCUpdated Jul 31, 2020 at 11:57 UTCBank of Japan, Tokyo (Leonid Andronov/Shutterstock)The Bank of Japan (BoJ) has moved its most senior economist to lead the department responsible for research and development into central bank digital currencies (CBDCs). Kazushige Kamiyama, formerly director-general of the BoJ's Research and Statistics Department, has moved…

Stablecoins are only as stable as their issuer’s balance sheet, New Zealand’s central banker said during a hearing.Fiat currency is the best kind of money because it is backed by the government, he continued.Stablecoins are an oxymoron, New Zealand central bank governor Adrian Orr said during a parliamentary heading, according to a report by Bloomberg.“Stablecoins

New European Union rules that let tax authorities share data on individuals' crypto holdings were formally adopted by the bloc's finance ministers on Tuesday. The document will now be published in the EU's Official Journal and enter into force 20 days later.The rules were proposed last year in a bid to block assets from being

Jun 10, 2020 at 16:00 UTCUpdated Jun 10, 2020 at 17:31 UTCMicrosoft Releases Bitcoin-Based ID Tool as COVID-19 ‘Passports’ Draw CriticismMicrosoft’s Bitcoin-based decentralized identity tool, ION, went live with a beta version on mainnet Wednesday as one of many efforts by members of the Decentralized Identity Foundation (DIF) to fast-track tools anyone can use for…

Solana's SOL hit its highest price in a month Friday outperforming most crypto majors.The token is "still the best trade this cycle," and could reach $200 by the end of May, Syncracy Capital co-founder said.Solana's native token (SOL) has been leading the recent rebound in cryptocurrency prices, outperforming most digital asset majors, and could soon