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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Binance Launches $50M ‘Blockchain for India’ Fund
Mar 17, 2020 at 04:00 UTCCredit: SNEHIT PHOTO / Shutterstock.com Binance Launches $50M ‘Blockchain for India’ FundBinance and its local subsidiary have set up a new fund to reinvigorate growth in blockchain startups in India following a Supreme Court decision to allow banks to service crypto firms. Binance and India-based bitcoin exchange WazirX – which…

First Mover: Bitcoin’s Failure to Break $20K Shows Big Investors Only Just Arriving
Dec 1, 2020 at 2:27 p.m. UTCUpdated Dec 1, 2020 at 2:53 p.m. UTCCryptocurrency analysts were assessing the fallout as bitcoin retreated from a new all-time high price. (NASA, modified by CoinDesk)First Mover: Bitcoin’s Failure to Break $20K Shows Big Investors Only Just ArrivingBitcoin was lower, retreating after rallying over the past 24 hours to…

Central Bank Digital Currencies Can Replace Cash, Offer Resilience: IMF Chief
Central bank digital currencies can replace cash in island economies and offer resilience in more advanced economies, according to IMF Managing Director Kristalina Georgieva.The public sector should, therefore, continue to prepare for CBDC deployment, she said.Central bank digital currencies (CBDC) can replace physical money, especially in economies where cash deployment is costly, Managing Director of

What Crypto Can Learn From AI About Getting Its Way in Washington
This past week, executives from leading artificial intelligence (AI) companies met with a bipartisan group of senior U.S. Senators. It was only the latest indication that Washington has turned its full attention to AI technology. The technology has been the subject of a presidential address and even a voluntary agreement between government and companies to

Three Ways DeFi Will Revolutionize Financial Services
It’s widely accepted that our current banking system has significant flaws. Beyond systemic and geopolitical risks — like restricted borders, time zone barriers, and central bank dependencies — there are challenges with bank wires, international settlements, and the inconsistent availability of credit. A fundamental issue lies in the mismatch between banks' balance sheets and their

Crypto Fundraising and a Nothing-Is-Safe Haven
Mar 10, 2020 at 19:00 UTCAn update on the safe haven narrative as bitcoin (BTC) continues to move with equities plus a crypto startup fundraising roundupFor more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, IHeartRadio or RSS.Whatever you…

Euroclear Finalizing DLT Bond Settlement Platform, Staffer Says
Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Jack Schickler is a CoinDesk reporter focused on crypto regulations, based in Brussels, Belgium. He doesn’t own any crypto.Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Euroclear, a major player in traditional finance…

Is Sam Bankman-Fried a Sociopath?
This week, as the criminal trial of Sam Bankman-Fried continues to unfold, there has been an emerging chorus of people willing to state, quite bluntly, that the founder of crypto exchange FTX and hedge fund Alameda Research is psychopathic. The former “golden boy” of crypto, aka SBF, is accused of multiple counts of fraud related