Messaging Giant LINE Launches $10 Million Token Venture Fund

New York Attorney General Letitia James has amplified its fraud case against Digital Currency Group (DCG), now saying the company is responsible for $3 billion in investor losses tied to the Gemini Earn product and to direct investments with Genesis, according to a new court filing.As stated in an initial $1 billion fraud lawsuit against

David Z. Morris is CoinDesk's Chief Insights Columnist. He holds Bitcoin, Ethereum, and small amounts of other crypto assets.Many bitcoiners have been up in arms about high fees amidst a surge in new activity on the original blockchain. Fees, which are set dynamically by a competitive bidding process, spiked to a staggering $30.19 for a…

news After issuing comments and reports heavily critical of cryptocurrencies over the last few years, Agustin Carstens, chief of the Bank for International Settlements (BIS), has acknowledged that central banks will likely soon need to issue their own digital currencies. Speaking to the Financial Times on Sunday, Carstens said that BIS – which acts like a central…

Jan 4, 2021 at 9:06 a.m. UTCEther prices over the last 24 hours(CoinDesk 20)Ether Price Passes $1,150 to Hit Highest Since January 2018Ether, the native cryptocurrency of the Ethereum network, chalked up fresh multi-year highs early on Monday after a double-digit rally last week.At around 06:35 UTC, ether, the second-largest cryptocurrency by market value, reached…

Mar 5, 2020 at 12:10 UTCUpdated Mar 5, 2020 at 12:34 UTCTron’s Takeover of Steemit Is Internet History Repeating ItselfValerian Bennett is Managing Director of the Pop Network Foundation, which is dedicated to helping creators and communities find their freedom by decentralizing the streaming economy. He is a graduate of the BoostVC accelerator (Tribe 8)…

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Fred Ehrsam, co-founder of large crypto investment firm Paradigm, has stepped down as managing partner at the company and will act as a general partner going forward, he announced in a Tuesday post on X (formerly Twitter)."This change allows me to carve out some time to explore areas of science that are of personal passion

Arthur Hayes and Akshat Vaidya are looking to beat bitcoin and ether’s returns, but they are going to take their time doing it.Hayes, the former CEO of crypto exchange BitMex, and Vaidya, BitMex’s former head of corporate development, founded Maelstrom Capital, where Vaidya serves as head of investments. In an interview with CoinDesk, Hayes and…

The price of XRP spiked as high as 75 percent above its opening price at one point during Friday's trading session amidst a broader market bull parade. At roughly 14:45 UTC, the price of XRP rose to a peak of $0.77 - representing a 75 percent increase from its opening price of $0.45, according to…