Orchid’s Decentralized VPN Network Set for Early-December Launch

Jan 11, 2021 at 3:26 p.m. UTCWeekly USDT supply growth since 2017Tether Mints Record 2B USDT in One WeekTether printed 2 billion dollar-backed tokens last week, a new record for the leading stablecoin project.Over 24.6 billion tethers now circulate across Ethereum, Tron and Bitcoin’s Omni Layer, per data from Coin Metrics, up from 4.8 billion…

news Treasury Secretary Steve Mnuchin said his executive agency was in line with other financial ministries of the Group of Seven (G7) regarding Facebook’s leap into cryptocurrencies. “There was a clear agreement from all G7 finance ministers and central bank governors that Libra in particular raises some very significant concerns, and cryptocurrencies more broadly,” adding,…

Venture capitalists and other Silicon Valley figures have embraced Donald Trump's attempt to retake the U.S. presidency. Their rationale? To billionaire Mark Cuban, it's being driven by cryptocurrencies. "It's a bitcoin play," Cuban posted Wednesday on X. Trump as president "makes it easier to operate a crypto business because of the inevitable, and required, changes

Yearn, YAM and the Rise of Crypto’s ‘Weird DeFi’ MomentThe Takeaway: Decentralized finance (DeFi) started out by imitating the regular financial world, but the way its pieces can be mixed and matched has become so easy that new entrants are starting to get strange. Yearn Finance (YFI), YAM, Spaghetti, Based, whatever today's variant is –…

The latest flavor of the month in some areas of the crypto market is to bet on microcaps that purport to be the second coming of popular meme coins for those who missed the boat earlier.Tokens like pepe 2.0, floki 2.0, and bobo 2.0 – which were mostly issued in the past week and are…

news U.S. investors have been able to purchase Bitfinex’s LEO exchange tokens, if only indirectly. Seattle-based Arrington XRP Capital and Los Angeles-based Arca both said they invested in LEO tokens, despite Bitfinex’s stated policy of refusing to sell them to U.S. residents or entities. Both investment management firms told CoinDesk that, rather than purchasing the…

Jun 18, 2020 at 11:29 UTCUpdated Jun 18, 2020 at 11:30 UTCBitcoin price: April 1 to present (CoinDesk BPI)Bitcoin remains a bargain despite having carved out solid gains in the second quarter, according to one price metric.  At press time, the cryptocurrency is trading near $9,450 – up nearly 47% so far this quarter and…

The U.S. Securities and Exchange Commission (SEC) will file an "interlocutory appeal" of a judge's ruling on Ripple's programmatic sales of XRP, the regulator said in a court filing on Wednesday.The SEC said it was seeking "leave to" appeal part of a recent decision while other parts of the SEC's case proceed to trial. Although…

May 27, 2020 at 11:00 UTCBitGo CEO Mike Belshe said interest from institutional traders has grown amid the economic impact of the COVID-19 crisis. (Credit: CoinDesk archives)Crypto Custodian BitGo Joins Race to Provide Prime Brokerage ServicesCrypto custodian BitGo is moving into the prime brokerage space, announcing a fully integrated suite of services Wednesday to serve…