MARKETS DAILY HOLIDAYS: What’s a ‘Satoshi’?

Aug 24, 2020 at 16:11 UTCUpdated Aug 24, 2020 at 16:20 UTCBrazil’s Central Bank Tasks Group With Laying Out Road Map to Digital Currency IssuanceBrazil, home to South America’s largest economy and a bullish-on-fintech financial bureaucracy, is studying the benefits and challenges of issuing a central digital currency (CBDC). Banco Central do Brasil (BCB) established…

news Hong Kong-based venture capital group CMCC Global launched its Liberty Bitcoin Fund to provide crypto currency access to accredited investors in Asia who are very interested but have been slow to buy the coins directly. The Liberty Bitcoin Fund is a single-asset passive tracker of Bitcoin and offers services including buying and safekeeping coins. “We have…

The “version 2.5” tokenomics proposal would move CAKE toward a “deflationary model” by slashing the token rewards paid to traders and stakers by over 68%. The so-called CAKE “emissions” on Syrup Pool, PancakeSwap’s main liquidity pool on BNB Smart Chain, would drop by 94% under the proposal.

The U.S. Department of Justice (DOJ) said it seized $9 million worth of the tether (USDT) stablecoin linked to an organization that exploited victims through a "pig butchering" scam.The seizure comes after agents and analysts from the U.S. Secret Service traced victim deposits that were laundered through several cryptocurrencies, a technique the DOJ described as

Featured SpeakerJenny JohnsonPresident and CEOFranklin TempletonJenny will discuss developing crypto-linked investment products in a bear market, the mood among her clients and her lon...Jocelyn Yang is a markets reporter at CoinDesk. She is a recent graduate of Emerson College's journalism program. Featured SpeakerJenny JohnsonPresident and CEOFranklin TempletonJenny will discuss developing crypto-linked investment products in a…

Staking rates are to crypto what interest rates are to traditional finance. Ethereum’s transition a year ago to proof-of-stake with “The Merge” was an incredible accomplishment for its ecosystem that delivered obvious enhancements to network security and reduced its energy footprint by 99.95%.This shift, which made it so validators are rewarded with both protocol emissions

news Another top executive is leaving ConsenSys. Chief marketing officer Amanda Gutterman is the latest to depart the ethereum venture studio, according to two sources familiar with the matter. She becomes the third executive departure in recent months, with Andrew Keys announcing his new project on June 6 and former ConsenSys Ventures head Kavita Gupta…

High funding rates, relatively low liquidity and reports of crypto exchange Mt.Gox starting repayments to victims of its 2014 hack spurred a market-wide decline in the past 24 hours, bringing losses to leveraged bullish traders.In futures market, traders betting on higher prices lost over $190 million to liquidations as bitcoin (BTC) dropped as much as

Danny is CoinDesk's Managing Editor for Data & Tokens. He owns BTC, ETH and SOL.The future of Hector Network is in flux with leaders holding a vote on a plan to wrap the OlympusDAO fork in an offshore legal cocoon and – according to critics – dilute token holders' rights.Hector Improvement Proposal 40 (HIP 40)…