Ohio Becomes Latest US State to Legally Recognize Blockchain Data
The U.S. state of Ohio has joined Arizona in legally recognizing data stored and transacted on blockchain.
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Binance CEO CZ Is Suing VC Giant Sequoia for Reputational Damages
feature Binance founder and CEO Changpeng Zhao is taking a unit of Sequoia Capital back to court after the VC investor’s case against him was dismissed. The crypto exchange mogul, nicknamed CZ, claims Sequoia Capital China hurt his reputation and prevented him from raising money at favorable valuations and wants the VC giant to compensate him.…
BlockFi Adds an Independent Pricing Partner to Guard Against Flash Crashes
Aug 27, 2020 at 13:00 UTCUpdated Aug 27, 2020 at 13:23 UTCBlockFi CEO Zac Prince (CoinDesk archives)Crypto lender BlockFi is partnering with an independent crypto pricing provider to value customer deposits and collateral. CF Benchmarks will price customers’ assets based on data it has sourced from five crypto exchanges that have passed the criteria in…
PBoC Looks to Tackle Airdrop Tokens Market in New Clampdown
The People's Bank of China (PBoC), the country's central bank, is looking to clamp down on airdrops – free distributions of crypto tokens. In its financial stability report for 2018, released on Friday, the PBoC said that "disguised" initial coin offerings (ICOs) including airdrops continue to grow in number, despite its previous efforts at cracking down…
First Mover Asia: Bitcoin Holding Pattern Continues as Lawmakers Make Progress in Debt Limit Negotiations
Good morning. Here’s what’s happening:Prices: Bitcoin hovered near $26.5K for much of Thursday as investors shrugged over unexpectedly strong jobs and productivity data.Insights: Nvidia GPUs were useful in AI because they can process large amounts of data. Now, they seem key to the company's growth because they are also well-suited for artificial intelligence (AI) technology.Bitcoin's…
Fork Watch: How to Follow Tomorrow’s High-Stakes Bitcoin Cash Update
NEWS The most contentious hard fork in bitcoin cash’s one-year history is happening Thursday. So contentious, in fact, that this one holds the potential to split the blockchain into two separate iterations of the bitcoin cash protocol – one led by developer group Bitcoin ABC and the other, Bitcoin SV, led by blockchain research company nChain.…
BlackRock Plans to Acquire Spot Bitcoin ETPs for Its Global Allocation Fund
BlackRock is purchasing spot bitcoin ETPs, including its own IBIT product, for its $18 billion AUM Global Allocation Fund.BlackRock filed to incorporate spot bitcoin ETPs into its $36.7 billion AUM Strategic Income Opportunities Fund earlier this week.00:52Existing Stablecoin Models Are Not 'Totally Fair,' Usual CEO Says01:09'Kimchi Premium' Reaches Two-Year High01:58AI-Linked Tokens Surge on Nvidia Hype;
Helium Wireless Network Approves New Hard Cap for HNT Token Emissions
Nov 19, 2020 at 6:31 p.m. UTCHelium team, left to right: Pierre Defebvre, Andrew Allen, Rahul Garg, Brian Bussiere.(Helium)Helium Wireless Network Approves New Hard Cap for HNT Token EmissionsHelium is hard-capping production of the tokenized fuel that powers its decentralized wireless network.Under a newly passed improvement proposal, Helium miners will stop adding to the circulating…
Robinhood Traders, Including Bitcoin Holders, Left in the Lurch Following Theft: Report
Oct 9, 2020 at 19:54 UTCUpdated Oct 9, 2020 at 20:04 UTCA handful of Robinhood users who said their accounts had been liquidated by thieves recounted less-than-helpful responses by the personal investing fintech in a Friday report by Bloomberg News.Five customers interviewed by Bloomberg claimed Robinhood acted slowly and responded inadequately to heists against their…