Playboy Files Fraud Lawsuit Against Blockchain Startup
Playboy is suing Canadian blockchain company Global Blockchain Technologies (GBT) for fraud and breach of contract.
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73% of UK Consumers Say They Don’t Know What Cryptocurrency Is
news Seventy-three percent of U.K. consumers don’t know what a cryptocurrency is or are unable to define it, according to a new survey from the country’s financial watchdog, the Financial Conduct Authority (FCA). Announced Thursday, the research indicates that those who are most aware of cryptocurrencies are likely to be men aged between 20 and 44.…
MakerDAO Looks to Ignite Growth for $4.6B DAI Stablecoin with Up to 8% Reward
MakerDAO, one of the largest decentralized finance (DeFi) lending protocols, is taking steps to spur demand for its $4.6 billion DAI stablecoin by boosting yields for token holders.In a governance vote concluded on Thursday, the protocol’s community favored introducing the so-called Enhanced DAI Savings Rate (EDSR), which may temporarily increase the interest rate DAI holders…
Modular Blockchain Astria Raises $5.5M for Shared Sequencer Network
Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Jamie Crawley is a CoinDesk news reporter based in London.Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Modular blockchain Astria has raised $5.5 million in seed funding to develop its shared sequencer network.The…
US Government Takes Aim at NetWalker Ransomware Attacks
Prosecutors indicted an alleged NetWalker affiliate and coordinated the takedown of darkweb resources.(Chainalysis)Jan 28, 2021 at 7:54 p.m. UTCUpdated Jan 28, 2021 at 8:38 p.m. UTCUS Government Takes Aim at NetWalker Ransomware AttacksFederal prosecutors struck back at a favorite tool of the ransomware community Wednesday, indicting one alleged NetWalker user, a Canadian national named Sebastien…
Why Crypto Crosses ‘The Chasm’ in a Post-Coronavirus World
Dec 31, 2020 at 4:00 p.m. UTCCaesar by Adolphe Yvon (1875)(Creative Commons)Why Crypto Crosses ‘The Chasm’ in a Post-Coronavirus WorldIt is often said that Julius Caesar brought the Roman Republic to an end when he crossed the Rubicon River with the 13th Legion of the Roman Republican Army on Jan. 10, 49 BC, starting the…
Binance, Huobi, OKEx Have FOMO for DeFi
Sep 15, 2020 at 19:22 UTCUpdated Sep 15, 2020 at 19:23 UTCCentralized exchanges get DeFi FOMO, as decentralized exchanges challenge their dominance in crypto trading. (Pixabay, modified by CoinDesk)Binance, Huobi, OKEx Have FOMO for DeFiDecentralized finance (DeFi) has been grabbing the headlines and capturing the imagination of traders in recent weeks and some of the…
Uzbekistan Looks to Lure Crypto Exchanges With New Tax Benefits
The Uzbekistan government is welcoming cryptocurrency exchanges to set up shop within the country. An order issued by president Shavkat Mirziyoev on September 2 gives foreign exchanges a number of benefits to begin operating in the country. The document states that cryptocurrency-related income will not be taxed, licensed exchanges running operations with cryptocurrencies and foreign fiat…
Ether Rallies to 8-Month High, Gains Ground Against Bitcoin
Deep Dive: EthereumProtocol VillageAustin Convention CenterJoin an hour long exploration of the advancements defining the Ethereum community in 2023.Deep Dive: EthereumProtocol VillageAustin Convention CenterJoin an hour long exploration of the advancements defining the Ethereum community in 2023.Omkar Godbole was a senior reporter on CoinDesk's Markets team.Deep Dive: EthereumProtocol VillageAustin Convention CenterJoin an hour long exploration…