New FSA Chief Rules Out ‘Excessive’ Regulation of Japan’s Crypto Exchanges

opinion Transaction fees make the bitcoin blockchain go round. The miners are compensated for their efforts, not only through inflationary block rewards, but also through fees charged to users for adding their transaction to blocks. While fees on average make up about 4% of the total miner revenue per day, with the lion’s share coming…

David Marcus is stepping down from the board of directors at crypto exchange Coinbase, citing his new role at Facebook leading blockchain strategy.

Jan 2, 2020 at 19:29 UTCUpdated Jan 2, 2020 at 19:30 UTCGuangdong city image via ShutterstockGuangdong Blockchain Financing Platform Aims to Help Small BusinessThe Guangdong government launched a blockchain-based financing platform Thursday that will help small companies in the region receive loans faster from commercial banks. The government-led project is supported by Alibaba’s fintech arm Ant…

Aug 24, 2020 at 16:10 UTCUpdated Aug 24, 2020 at 16:22 UTCOttawa, Canada (Robbie Palmer/Unsplash)An Ottawa-based graphics software firm, Snappa, announced Monday its decision to move a significant amount of its cash reserves into bitcoin, citing concerns of inflation and global economic uncertainty. Co-founder Christopher Gimmer told CoinDesk in a private message, "The allocation itself…

This article originally appeared in First Mover, CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day.Latest PricesTop StoriesAlthough bitcoin began January by hitting a 21-month high above $45,000, the month has historically not seen positive returns. Only twice in the past five years

Thursday, Oct. 3 Polyhedra's ZK Prover, Expander, Tops Speed Rankings in First Results From 'Proof Arena' Polyhedra Network, a blockchain project specializing in zero-knowledge (ZK) proofs, released the first set of data from its new Proof Arena, a benchmarking platform designed to evaluate and compare different ZK provers. According to the team, "The data includes

Digital asset brokerage firm Nonco, a subsidiary of one of Latin America's largest over-the-counter (OTC) providers, has secured $10 million in seed capital to help serve a growing number of institutional clients in the United States.The investment included a combination of equity and convertible notes. The round was led by former U.S. Comptroller of Currency

news Cryptocurrency exchange Bitfinex has raised $1 billion through its native token in a private sale, according to its chief technology officer. Paolo Ardoino‏ tweeted Monday that Bitfinex has achieved the target in just 10 days, with participation from “giant” firms from both within the cryptocurrency industry and outside. Some of the investors, which were…

As expected, the Federal Open Market Committee of the U.S. Federal Reserve on Wednesday left its benchmark fed funds rate range unchanged at 5.25-5.50%.Also pretty much as expected, the FOMC acknowledged that progress on lower inflation has stalled this year and said it wouldn't be appropriate to trim rates until it has greater confidence inflation