Maker of Wasabi Bitcoin Wallet Valued at $7.5M in First Equity Round

news China’s Inner Mongolia autonomous region is carrying out an inspection to eliminate “illegal” bitcoin mining operations by October, a government spokesman told CoinDesk, confirming a local report. The official document detailing the inspection plan was leaked to Chinese media which published photos of the decree from the Inner Mongolian regional authority. “The inspection is…

Counsel representing Do Kwon, the former CEO of Terra, has asked a U.S. court to delay the Securities and Exchange (SEC) trial against him and his former company as he does not know when he will be extradited from Montenegro.In a filing first spotted by Inner City Press, his counsel said that extradition proceedings in

Oct 28, 2020 at 20:35 UTCUpdated Oct 28, 2020 at 20:40 UTCCoinDesk 20 Bitcoin Price IndexMarket Wrap: Bitcoin Slips to $12.8K; Ether Options Traders Prefer CallsMajor markets are in the red today, including bitcoin. Ether options traders have favored calls over the past month.Bitcoin trading around $13,184 as of 20:00 UTC (4 p.m. ET). Slipping…

feature The Takeaway High-frequency trading (HFT), a longtime and controversial practice in traditional markets, is becoming commonplace in crypto, too. Placing trading servers physically close to exchanges’ matching engines can win an edge on speed. This helps HFT firms make large profits in the legacy markets. Crypto exchanges such as ErisX, Huobi and Gemini are…

news Adam Back, CEO of bitcoin technology startup Blockstream, dove into the lesser-known uses for beaming bitcoin from space during a presentation at Consensus 2019 on Tuesday. The startup launched its cryptocurrency-focused satellite product nearly two years ago with the primary goal of giving people who don’t have an internet connection another way to download a…

Jan 29, 2020 at 18:00 UTCUpdated Jan 29, 2020 at 18:30 UTCCoinbase Chief Product Officer Surojit Chatterjee (left) poses with CEO Brian Armstrong. (Courtesy photo)Coinbase has hired a former vice president of product at Google to be its chief product officer. Surojit Chatterjee spent 11 years at Google, where he worked on payments, adtech and commerce.…

Jan 6, 2021 at 6:41 p.m. UTC(Jozsef Hocza/Unsplash, modified by CoinDesk)The Future of Cryptographic Security in the Age of QuantumModern cryptography is still a relatively young scientific discipline, but its history shows a significant pattern. Most developments are based on research that took place years or even decades before. There’s a good reason for this…

May 19, 2020 at 14:00 UTCKadena founder Stuart Popejoy (Credit: CoinDesk archives)Kadena is now integrated with data provider Chainlink for streamlined pricing feeds.Announced Tuesday, the project helmed by former JPMorgan blockchain leads has inked a deal to use Chainlink’s existing set of off- and on-chain oracles for pricing Kadena-based assets, beginning with kadena (KDA), co-founder…

Turkey is preparing a regulatory package for the crypto industry.The goal of the package is to protect consumers while fostering innovation in the sector, a member of the parliament told CoinDesk Turkey.Turkey’s planned rules for the crypto industry are primarily to ensure consumer protection – but in a way that also supports innovation, Ömer İleri