Statechains, and Trading the Panopticon for Magical Internet Money

news Before Libra, Juan Llanos still saw some outsiders who could have taken on the payments and remittance markets. Now, after Libra, he’s not so sure. “When Libra was announced mid-June … the first thing that came to mind after reading the White Paper, obviously, is that the payments use case is already theirs,” he…

Binance will stop accepting new U.K. users starting Monday in order to comply with the country's crypto marketing rules, the company said in a blog post.Under the new regime – which kicked in on Oct.8 – firms that are registered with the U.K.'s Financial Conduct Authority (FCA) can approve their own ads. Failing that, companies

It’s fair to say sentiment toward crypto among the general public has plummeted in the past year. This may have a secondary effect of pushing financial advisors to shy away from the category, and digital assets in general, at least until there is more certainty in the markets and the forces driving them.Looking at the…

This article originally appeared in First Mover, CoinDesk’s daily newsletter putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day.Latest PricesTop StoriesBitcoin is down slightly Wednesday after dropping more than 3% from its perch near $35,000 late Tuesday morning as the ticker for BlackRock's (BLK) spot bitcoin

Bitcoin fell to $25,530 on Wednesday, as investors shrugged off the U.S. central bank’s widely expected halt to a more than year-long diet of interest rate hikes. Major altcoins took a late afternoon dive to sink into negative territory.The largest cryptocurrency by market capitalization was recently trading down about 1.2% over the past 24 hours…

To understand why bitcoin miners have flocked to Texas, it’s useful to think about ducks.Or, more accurately, something called the “duck curve,” which is a way of graphing the balance of energy demand and supply throughout the day.Imagine a graph with 24 hours on the X-axis -- from midnight to midnight -- and society’s net…

Fresh in from the World Economic Forum, in Davos, Switzerland: Howard Lutnick, chairman and CEO of Cantor Fitzgerald, has reiterated claims that Tether has the money the stablecoin issuer claims to have. Cantor has been a Tether custodian since late 2021, and as such has been able to examine portions of the stablecoin issuer's balance

news A new blockchain-powered startup led by three physical scientists promises to paint the world in diamond dust. DUST Identity’s service, known as DUST Ledger, allows users to enroll all manner of physical objects onto a blockchain, the founders claim. The system uses a product called the Diamond Unclonable Security Tag (DUST), a coating that uniquely identifies…

news One of the world’s largest electrical companies is teaming up with ethereum app iExec on a new test. EDF, the fifth largest electrical utility company with a $33 billion market cap, has launched its visual simulator software GPUSPH on iExec, a decentralized application that operates on ethereum mainnet. With this, EDF can test how…