The Crypto Market Just Hit a New Low for 2018

Nov 3, 2020 at 16:18 UTCUpdated Nov 3, 2020 at 16:40 UTC(SunnyGraph/Shutterstock)Miners’ income from processing transactions on the Ethereum blockchain more than halved in October as the mania for decentralized finance (DeFi) cooled.Ethereum users paid $57.49 million in transaction fees in October – down 65% from September's record monthly tally of $166.39 million, according to…

feature Summa co-founder James Prestwich wants to bridge the great divide: bitcoin vs. ethereum. Now two blockchain startups, Summa and Keep, are launching the Cross-Chain Working Group to bridge that divide with a protocol for using bitcoin on ethereum-based systems. The group hosted its first meeting on Thursday with more than 40 participants, including curious…

Nov 30, 2020 at 5:01 a.m. UTC‘Basis Cash’ Launch Brings Defunct Stablecoin Into the DeFi EraA team of anonymous developers is making what might be called a fork of a project that never launched.Readers of this post will likely see a strong earnings opportunity here, but please be careful.Basis Cash is based on the stablecoin…

news The director of the Financial Crimes Enforcement Network (FinCEN) said the casino industry needs to up the ante on reporting suspicious activities related to digital currencies. Speaking at an Anti-Money Laundering Conference in Las Vegas on August 13, FinCEN director Kenneth Blanco said the agency has not received the amount of suspicious activity reports…

Archax, a U.K.-regulated cryptocurrency exchange and crypto custody service, plans to offer an exchange for tokenized assets such as funds and bonds before the end of the year, Chief Marketing Officer Simon Barnby told CoinDesk in an interview on Tuesday."We believe the future is the tokenization of all real-world-assets, and all traditional financial instruments are

The Intercontinental Exchange's upcoming cryptocurrency trading platform Bakkt will officially launch on December 12, pending regulatory approval. ICE announced Monday that Bakkt could begin offering physically settled bitcoin futures contracts in December, marking the first cryptocurrency-related offering provided through the new platform. Bakkt will hold the bitcoins backing the futures contract in the ICE Digital…

Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Adam Nash is the co-founder and CEO of Daffy.org.Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.This year feels like the first time the U.S. government got serious about crypto, and with recent…

TXM Group, the largest Canadian exchange, said Tuesday its derivatives trading platform will soon introduce bitcoin (BTC) futures contracts."Montréal Exchange (MX) is launching the Bitcoin Price Index Futures to meet rising market demand for digital cryptocurrency asset classes," an announcement on the firm's website said. "Despite growing interest, investors face limitations when evaluating vehicles to

Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.David Z. Morris is CoinDesk's Chief Insights Columnist. He holds Bitcoin, Ethereum, and small amounts of other crypto assets.Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Humans have always had a strange relationship…