The Surprising Reason Why Blockstack Could Be America’s First Crypto IPO

Jul 22, 2020 at 19:10 UTC(studiostoks/Shutterstock)A Simple Explanation of DeFi and Yield Farming Using Actual Human WordsA primer on DeFi and yield farming. We’ll also cover liquidity mining, automated market making plus the other terms shaping this brave new world. For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple…

Additional charges levied against Sam Bankman-Fried in the U.S. face an extra delay, after a Tuesday Bahamas Supreme Court judgment allowed the FTX founder to judicially review the terms of his extradition from the Caribbean.Bankman-Fried has been under the legal spotlight after the collapse of his crypto exchange in November. After originally seeking his extradition…

Video game developer Epic Games is laying off around 16% of its employees following a metaverse-inspired transition of its popular online game Fortnite.The layoffs affect 830 of Epic Games' employees, CEO Tim Sweeney said in an email to employees on Thursday.Epic Games has been "growing Fortnite as a metaverse-inspired ecosystem for creators," according to Sweeney.

news SBI Holdings, the investment arm of Japanese financial giant SBI Group, will pay out dividends in the third largest cryptocurrency by market capitalization, XRP. According to a company statement released Wednesday, SBI shareholders will receive 30 XRP for ever 100 shares they own, as part of an intermediary shareholder benefit program. The dividends paid…

Digital Currency Group (DCG) in a letter to investors Monday morning reported results for the fourth quarter and fiscal 2023. Full text follows.We are pleased to share our Q4 2023 Investor Report, which includes details regarding DCG’s financial performance and notable business developments. With a rally in crypto asset prices that kicked off this year

NEW YORK -- Alameda Research had “special privileges” at FTX that allowed the crypto hedge fund to spend $8 billion of exchange customers’ money, Gary Wang, a former top lieutenant in Sam Bankman-Fried’s empire, testified at trial Friday.Taking the stand in an ill-fitting black suit, Wang, who co-founded both companies with Bankman-Fried, said that in

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 StoriesGrayscale’s Bitcoin Trust's (GBTC) discount to its net asset value (NAV) has narrowed to levels not seen since July 2021, data from YCharts shows. The discount

Firefly in a jar(Mindstyle/iStock/Getty Images Plus)FTX Looking to List ‘Beacon Chain’ Ether as Deposit Contract Goes LiveWill an active secondary market emerge for ether (ETH) locked into Ethereum 2.0’s deposit contract? That’s the question on the tip of most every trader’s tongue Wednesday after the release of the deposit contract by the Ethereum Foundation.  As of…

David Z. Morris is CoinDesk's Chief Insights Columnist. He holds Bitcoin, Ethereum, Solana, and small amounts of other crypto assets.Earlier this week, we considered the challenges of creating viable long-term regulations for decentralized finance (DeFi) protocols. These systems can ostensibly remove intermediaries from the trading of any asset represented on a blockchain, but those intermediaries…