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US Treasury to Monitor Libra Over Possible Financial Risks
news The U.S. Department of the Treasury has committed to monitoring the Facebook-led cryptocurrency project Libra. The news was announced by Emanuel Cleaver, II, congressman for Missouri’s fifth district, on Tuesday. Cleaver said he’d written to the Financial Stability Oversight Council (FSOC), and the Office of Financial Research (OFR) in August calling on the regulators to “proactively…

Nonprofit Energy Consortium Trials Blockchain Management for Wastewater Tracking
Jun 3, 2020 at 20:06 UTCUpdated Jun 3, 2020 at 20:27 UTCOil rig (Credit: Moritz Kindler / Unsplash)The Offshore Operators Committee, a nonprofit organization focused on offshore energy, has found a blockchain management system reduces costs and time for transporting wastewater. The (OOC)’s Oil and Gas Blockchain Consortium has completed its first pilot of a…

Coinbase Suffers ‘Connectivity Issues’ Again as Bitcoin Hits Another Record
Jan 7, 2021 at 4:55 p.m. UTCUpdated Jan 7, 2021 at 5:40 p.m. UTCCoinbase CEO Brian Armstrong(Steve Jennings/Flickr)Coinbase Suffers ‘Connectivity Issues’ Again as Bitcoin Hits Another RecordLeading U.S.-based cryptocurrency exchange Coinbase is suffering connectivity issues for the second consecutive day amid bitcoin‘s parabolic price rally. Coinbase's status page posted an issue with users connecting to…

tZero-Affiliated Firm Hopes SEC Will Pass Updated Proposal for Security Token Platform
Mar 9, 2020 at 09:40 UTCUpdated Mar 9, 2020 at 09:41 UTCBoston Options Exchange (BOX) is trying again to calm regulatory concerns about ethereum's role in storing ownership records as it seeks permission to launch a security token platform. To that end, the firm has filed an amended proposal with the U.S. Securities and Exchange…

Bitcoin Shorts Take on 87% of Futures Liquidations as BTC Crosses $30K
Featured SpeakerAlex ThornHead of Firmwide ResearchGalaxyHear Alex Thorn share his take on "Bitcoin and Inflation: It’s Complicated” at Consensus 2023.Shaurya is the Co-Leader of the CoinDesk tokens and data team, focusing on decentralized finance, markets, on-chain data, and governance across all major and minor blockchains.Featured SpeakerAlex ThornHead of Firmwide ResearchGalaxyHear Alex Thorn share his take…

Cuba Libra? Island Nation Slowly Explores Cryptocurrency Options
feature Cubans are quietly exploring cryptocurrency use-cases on the politically isolated island, even watching Facebook’s Libra project with cautious optimism. Cuban expat Claudia Rodriguez of the Brazilian startup Fusyona, the sole bitcoin exchange proactively serving Cubans, told CoinDesk the exchange has nearly 700 accounts since launching in 2018. She said up to 60 users purchase…

Irish Man Gets 3 Years in Prison for Stealing $2.5M in Crypto Through SIM Hacks
Nov 19, 2020 at 10:13 a.m. UTCIrish Man Gets 3 Years in Prison for Stealing $2.5M in Crypto Through SIM HacksA Dublin man involved in the theft of more than $2 million in cryptocurrency through SIM-swap attacks has been sentenced to almost three years in prison.Conor Freeman, 21, was handed down a two-year and 11-month…

Australian Man Who Spent $6.7M Erroneous Crypto.com Refund Faces Theft Charges, Guardian Reports
Lucky or unlucky? A man in Australia who mistakenly received nearly 10.5 million Australian dollars (AUSD) from Crypto.com will appear in court next month on theft charges, the Guardian reported.Jatinder Singh will attend a plea hearing on Oct. 23 at the County Court of Victoria in Australia for failing to report that he received AUSD