Senior BitConnect Promotor Arrested by Indian Authorities
Former BitConnect India head Divyesh Darji was arrested at Indira Gandhi International Airport in New Delhi on Sunday.
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SEC Postpones Decision on Bitwise’s Bitcoin ETF Proposal
news The U.S. Securities and Exchange Commission (SEC) has delayed making a decision on a bitcoin exchange-traded fund (ETF) proposal filed by Bitwise Asset Management in mid-January. The ETF proposal, filed with NYSE Arca, was published in the Federal Register on Feb. 15, kicking off the first 45-day clock for an initial decision on the filing. Overall,…
Microsoft, EY and ConsenSys Tout New Way for Big Biz to Use Public Ethereum
Mar 4, 2020 at 15:00 UTCUpdated Mar 4, 2020 at 15:14 UTCMicrosoft, EY and ConsenSys Tout New Way for Big Biz to Use Public EthereumIt’s time for big business to embrace the public chain – as a coordination tool, rather than as a place to carry out large-scale financial transactions.That’s the view of a trio…
First Mover: Anything-Goes Token Market Repudiates Rich-Only Venture Capital Club
Aug 24, 2020 at 12:59 UTCUpdated Aug 24, 2020 at 13:04 UTCCryptocurrency markets could make the clubby world of venture-capital investing more democratic (Damonrand, Creative Commons modified by CoinDesk)First Mover: Anything-Goes Token Market Repudiates Rich-Only Venture Capital ClubPrice pointBitcoin was up slightly at about $11,776 early Monday, rising along with European equities, stock futures, gold,…
‘Fluffypony’ Weighs In on CBDCs at Davos 2020
Jan 23, 2020 at 19:52 UTCUpdated Jan 23, 2020 at 21:34 UTCRiccardo Spagni image via CoinDesk videoRiccardo Spagni, better known as “Fluffypony,” discusses privacy and whether or not central bank digital currencies (CBDCs) are just a fleeting thing. The Monero community leader speaks with CoinDesk’s Leigh Cuen in Davos, Switzerland."There's less hype, but more talk,"…
Judge Rules Kik’s Token Sale Violated US Securities Law
Sep 30, 2020 at 22:29 UTCUpdated Sep 30, 2020 at 22:40 UTCKik CEO Ted Livingston(CoinDesk)A U.S. judge ruled Wednesday that Kik violated securities law when it raised $100 million via a token sale in 2017. Judge Alvin Hellerstein, a U.S. district judge for the Southern District of New York, wrote that in his view, Kik’s…
Bitcoin Slumps Below $28K as Yields Spike; Ether Futures ETFs Fizzle on Lukewarm Investor Interest
Bitcoin (BTC) ended the first U.S. trading day of the week in the green, but it gave up some gains as the U.S. 10-year yield spiked to its highest level in more than 16 years. In the last 24 hours, the world's largest digital asset dipped into the red and is down by 1.57%. Meanwhile
NFT Creation Platform Zora Launches Creator-Focused Layer 2
Zora, the popular platform used by creators and brands to mint non-fungible tokens (NFTs), has launched its own layer 2 blockchain network to support creatives and minimize costs.The Zora Network is secured by Ethereum and built on Optimism’s tech stack. According to a press release, the new network will make minting on its platform "faster,…
The Global Challenge of Regulating Virtual Assets
Dec 24, 2020 at 4:00 p.m. UTCThe Global Challenge of Regulating Virtual AssetsThe convergence of traditional finance and cryptocurrencies was more profound than ever this year. From the maturation of crypto-first digital commerce to MicroStrategy’s big bitcoin buy, it was a year of rampant technological adoption. With the professionalization of the crypto industry came regulatory challenges.…