Reclaiming Purpose in Crypto: CoinDesk’s Projects to Watch 2023

Jul 3, 2020 at 17:11 UTCUpdated Jul 3, 2020 at 17:15 UTCFormer U.S. Treasury Secretary Lawrence SummersFormer US Treasury Secretary Larry Summers Expects ‘A Ton of Innovation’ Around StablecoinsFormer U.S. Treasury Secretary Lawrence Summers praised stablecoins, but said he would be surprised if a global digital currency became a reality in his lifetime. During a…

Bitcoin (BTC) fell 2.3% in the past 24 hours to $57,000 after briefly surpassing $59,000 on Thursday. XRP tokens were the only major gainers, rising 5% in the past 24 hours amid favorable developments. One trader said bulls were likely "on the sidelines" amid selling pressure from bitcoin wallets belonging to the German state of

The comments came after reports said the White House was considering reducing the size of its proposed stimulus package.Feb 5, 2021 at 6:13 p.m. UTCUpdated Feb 5, 2021 at 6:24 p.m. UTCUS President Biden: ‘I’m Not Cutting the Size of the Checks’ for Fiscal ReliefU.S. President Biden said Friday he’s not budging on the $1,400…

(Moreimages/Shutterstock)Digital asset management firm CoinShares said Tuesday it is adding a real-time audit feature to the crypto exchange traded products issued by subsidiary XBT Provider.  According to a press statement emailed to CoinDesk, investors will be able to access audit reports for XBT’s bitcoin, ether, litecoin and XRP products. CoinShares said it has partnered with…

The House Agriculture Committee advanced the Financial Innovation Technology for the 21st Century Act, a day after the House Financial Services Committee did.A few hours after beginning debate and voting on amendments to the bill, which would create a federal regulatory framework for crypto in the U.S., the House Agriculture Committee referred the bill to…

Decentralized finance (DeFi) lender bZx suffered a hack of reportedly $55 million, according to a tweet on Friday by the blockchain security firm SlowMist.“#bZx private key compromised, over $55 million dollars stolen so far. We’ll continue to update as more information is discovered,” SlowMist tweeted.bZx responded in a tweet that a private key controlling the…

A federal judge has granted Sam Bankman-Fried’s lawyers permission to meet with their client in prison after revoking the FTX founder’s bail just weeks before his trial, an order the judge issued Wednesday shows.According to the order, Bankman-Fried’s lawyers “can take unlimited advantage of the legal visitation hours” at the Metropolitan Detention Center (MDC) in…

Jenny JohnsonPresident and CEOFranklin TempletonJenny will discuss developing crypto-linked investment products in a bear market, the mood among her clients and her lon...Jenny JohnsonPresident and CEOFranklin TempletonJenny will discuss developing crypto-linked investment products in a bear market, the mood among her clients and her lon...Shaurya is the Co-Leader of the CoinDesk tokens and data team,…

news Denver-based startup Dapix Inc. has raised $5.7 million in a Series A funding round led by Binance Labs, the company announced Thursday. Launched in 2018, Dapix is building a delegated proof-of-stake (DPOS) blockchain to act as the connective tissue between cryptocurrency wallets, exchanges and other applications. The goal is to establish an industry standard across…