The World Bank Is About to Settle a Blockchain Bond Worth $73 Million

feature The open-source developer group behind the dollar-pegged, ethereum-backed stablecoin DAI is considering whether higher fees could help stave off mounting liquidity issues. During the weekly developer call on Feb. 28, some token holders, including MakerDAO founder Rune Christensen, voiced concerns about whether the peg, the mechanism by which the cryptocurrency holds a stable value, can…

Consensys, one of the main supporters of the Ethereum network, is laying off 20% of its workforce, blaming broader macroeconomic conditions and ongoing regulatory uncertainty, including the Securities and Exchange Commission’s (SEC) “abuse of power” in the space. “Multiple cases with the SEC, including ours, represent meaningful jobs and productive investment lost due to the

Sep 14, 2020 at 19:00 UTC(Trifonenko/Getty Images)The Business of Geopolitical CompetitionAs Oracle wins a bid for TikTok U.S., a look at how tech competition, culture competition and currency competition shape the business of geopolitics. For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox,…

WazirX has faced industry and customer heat about a "withdrawal management poll" after suffering the $230 million hack earlier this month. The exchange has now said the poll was not "not legally binding," it was a "preliminary step to understand" customer opinions, and that they will soon launch a feedback form. Meanwhile, Indian news outlet

It is patently absurd that Sam Bankman-Fried asked to receive no more than 6.5 years for what could be appropriately described as the crime of the century. It is also laughable that, in arguing for a lighter sentence, his newly hired defense counsel made appeals to SBF’s autism and veganism, and made hay of the

Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Eliza Gkritsi is CoinDesk's crypto mining reporter based in Asia.Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Bitcoin mining firm TeraWulf (WULF) reported 2022 fourth-quarter revenue of $9.6 million, up from $3.9 million…

Featured SpeakerDeep Dive: EthereumProtocol VillageAustin Convention CenterJoin an hour long exploration of the advancements defining the Ethereum community in 2023.James Rubin is CoinDesk's U.S. news editor based on the West Coast.Featured SpeakerDeep Dive: EthereumProtocol VillageAustin Convention CenterJoin an hour long exploration of the advancements defining the Ethereum community in 2023.For a while Monday, even as…

news Enterprise Ethereum Alliance (EEA), the standards body seeking a common approach for businesses using ethereum’s code, has released a third version of its client specification, as well as updates on privacy and performance. Announced Monday at CoinDesk’s Consensus 2019 conference, EEA released its Enterprise Ethereum Client Specification V3, which simplifies permissioning systems, inherent to…

Sep 15, 2020 at 16:15 UTCUpdated Sep 15, 2020 at 16:44 UTCDapper Labs CEO Roham Gharegozlou (Collision Conf/Flickr Creative Commons)Gamemaker Dapper Labs is using Circle’s dollar-backed stablecoin, USDC, as a global settlement solution for its non-fungible tokens (NFTs). The firms announced Tuesday the move allowed Dapper Labs to add fiat payment options to its website…