Say Hello to SmartDrops: The New Way to Give Away Free Crypto

Cryptocurrency safekeeping firm Qredo has combined Circle’s popular USDC stablecoin with its non-custodial wallet offering.The stablecoin integration also removes the headache of meeting gas fees by allowing USDC to be the ultimate gas fee token on any blockchain, Qredo said on Tuesday.Seamless connection to USDC, the second largest of the USD-pegged stablecoins, is lifeblood to

The shorts were liquidated after Elon Musk added "Bitcoin" to his Twitter bio and prices rose by over 15%.Jan 29, 2021 at 1:32 p.m. UTCElon Musk-Prompted Bitcoin Price Surge Causes Liquidation of $387M in ShortsBitcoin’s latest over 10% price rise – which came after Elon Musk added “Bitcoin” to his Twitter bio – has forced…

Amitoj Singh is CoinDesk's regulatory reporter covering India. He holds BTC and ETH below CoinDesk's disclosure threshold of $1,000. The Group of Seven (G-7) intergovernmental political forum has signaled its commitment to implementing the Financial Stability Board's (FSB) forthcoming norms for regulating crypto assets and the International Monetary Fund's (IMF) recommendations on central bank digital…

MicroStrategy could boost earnings by over $3 billion if it chooses to adopt new standards, the report said.Benchmark said if the company reports positive earnings it meets the final condition for S&P 500 inclusion.This would boost MicroStrategy’s valuation as index funds would be forced to buy the stock, the broker said.MicroStrategy (MSTR) could surprise Wall

Apr 14, 2020 at 14:50 UTCCredit: viewimage / Shutterstock.comHuawei, Tencent, JD.com Among Big Names on China’s New Blockchain CommitteeTech giant Huawei is among a number of major companies joining China's new national blockchain committee as the country looks to guide the emerging sector. China's Ministry of Industry and Information Technology (MIIT) published a list Sunday…

IOTA launched its layer 2 Ethereum Virtual Machine (EVM) network, focusing on real-world asset usage and introducing new functionalities to the IOTA ecosystem.The layer 2 network has a focus on bringing real-world assets on-chain, with a particular focus on the tokenization of physical assets, and features built-in protections against transaction ordering and MEV.Blockchain network IOTA

Jan 20, 2020 at 14:30 UTCUpdated Jan 20, 2020 at 15:15 UTCSignage for the 50th Annual Meeting of the World Economic Forum. (Photo by Aaron Stanely for CoinDesk)CoinDesk at WEF 2020: Crypto Themes to Watch as Davos Gets UnderwayCoinDesk will be on the ground in Davos from Jan. 20–24 chronicling all things crypto at the…

news More or less decentralized? For Jimmy Song, there’s no in between. An author and partner at venture firm Blockchain Capital, Song made that point repeatedly in a debate with IBM engineer and Hyperledger Fabric co-lead Chris Ferris at SXSW Thursday, where he told the crowd at the Hilton Austin in no uncertain terms: “You either…

The growth of stablecoins such as tether (USDT) and USD Coin (USDC) poses challenges to central banks because, despite their name, they often lack stability, Bank of Korea Governor Rhee Chang-yong said Friday, according to Yonhap News."This underscores the urgency for central banks to consider introducing central bank digital currencies (CBDC), whether retail or wholesale,"