Researchers Build Blockchain Electricity Exchange They Say Cuts Waste
A team from one of the top universities in China has developed a decentralized exchange, not for crypto assets, but for unused electricity.
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Media Startup Civil to Issue Refunds as $8 Million Token Sale Fails
Civil, the New York-based startup aiming to put journalism on a blockchain, has announced it will issue refunds to users who participated in its token sale, as it failed to meet a pre-set minimal requirement. Matthew Iles, Civil's chief executive officer, wrote in a blog post on Tuesday that the startup closed the sales process…

Bitcoin ETP Trading at Levels Seen by Top European ETFs: FT
Only one major ETF was trading at volumes slightly higher than the BTCetc ETP in the first 11 days of January, says the FT.Jan 15, 2021 at 11:01 a.m. UTCBitcoin ETP Trading at Levels Seen by Top European ETFs: FTA bitcoin exchange-traded product (ETP) from ETC Group has recently been trading at volumes normally seen…

Better Broadband Will Pave the Way for a ‘Brand New World’
Sep 29, 2020 at 19:01 UTCRings of Zilfin screenshot (crpgbook/Flickr, modified by CoinDesk)Better Broadband Will Pave the Way for a 'Brand New World'Bandwidth will be the defining factor of modern life and social evolution going forward. With increased access to the internet as well as ever-advanced computing, it’s likely the tone and tenor of human…

Bank of America, Wells Fargo to Offer Spot Bitcoin ETFs to Clients: Bloomberg
Bank of America's Merrill Lynch and Wells Fargo are offering spot bitcoin exchange-traded funds (ETFs) to their clients.People familiar with the matter told Bloomberg that the two firms had been allowing clients who specifically asked for exposure to the funds.Two Wall Street wealth management giants, Bank of America’s Merrill Lynch and Wells Fargo, are adding

Craig Wright Offers New Details on Bitcoin Trust at Heart of Billion-Dollar Lawsuit
news New details have emerged in the ongoing lawsuit in the U.S. filed last year against Craig S. Wright, the technologist who claims to be the pseudonymous creator of bitcoin, Satoshi Nakamoto. A redacted declaration filing from Kleiman v. Wright surfaced today, which details Wright’s purported ownership and the trustee scheme of the Tulip Trust, which…

It’s Not Time to Write Libra’s Crypto Obituary Just Yet
opinion To paraphrase Mark Twain, rumors of the nation-state’s demise are greatly exaggerated. The exits of Mastercard, Visa, Paypal and four other firms from the Libra consortium came after France and Germany moved to block the global “stablecoin” cryptocurrency project and after U.S. lawmakers delivered stern warnings to Libra members. This was more than a…

XRP Is a Crypto Asset in Japan, Not a Security, Ripple Partner SBI Claims
Dec 28, 2020 at 2:53 p.m. UTCUpdated Dec 28, 2020 at 3:20 p.m. UTC(Nikkimeel/Shutterstock)Daniel CawreyXRP Is a Crypto Asset in Japan, Not a Security, Ripple Partner SBI ClaimsNot everyone is turning their backs on XRP, the embattled asset associated with San Francisco-based Ripple Labs. Japan-based financial services company SBI Holdings released a statement Monday saying…

First Mover Asia: Bitcoin at $28.6K Remains Unstirred by Binance Temporary Withdrawal Pause
Good morning. Here’s what’s happening:Prices: Bitcoin and ether fell slightly on Sunday, although there's potential for a market-wide rally and significant price movement, an analyst says. Meme coin mania has been fueling dramatic shifts in market sentiment.Insights: Challenges from network congestion due to the Ordinals surge are offset by increased mining incentives, network security and…