This Tiny Crypto Startup Has Lessons for Libra’s ‘Unbanked’ Dreams

news A Finland-based firm offering cryptocurrency brokerage and exchange services has been granted a Payment Institution License (PIL) in the EU. In an announcement Friday, Prasos Ltd. said that, with the news, it has become only the third crypto firm in Europe to receive the license. Awarded by the Finnish Financial Supervisory Authority (FSA), the…

news Thailand’s financial markets regulator has banned several cryptocurrencies as a means to invest in ICOs and as a base in trading pairs. The country’s Securities and Exchange Commission (SEC) issued rules last July, mandating that any entity seeking to conduct a token sale must first file for an application for its approval. At the time, the…

Nov 12, 2020 at 5:46 p.m. UTCBitcoin’s Options Market Shows Strongest Bullish Mood on RecordBitcoin’s options market is in the midst of its strongest bullish sentiment on record as the cryptocurrency rallies to three-year highs. The six-month put-call skew, or the spread between prices claimed by put options and call options expiring in six months, fell…

Apr 23, 2020 at 11:11 UTCUpdated Apr 23, 2020 at 11:12 UTCOne of Zoom's view options. (Credit: Zoom)As the coronavirus pandemic makes it harder for businesses to rake in an income, a new app is offering users a way to earn cryptocurrency through the popular video conferencing software, Zoom.Called SmartSessions, the Ethereum-based crypto paywall developed…

The method employs Securosys' hardware security modules to keep participants' keys safe.Feb 2, 2021 at 2:26 p.m. UTCConsenSys, Securosys Combine Tech for ‘Secure’ Way to Stake on Ethereum 2.0Ethereum developer ConsenSys and cybersecurity encryption firm Securosys have partnered to provide improved security when long-term staking on Ethereum 2.0.Announced Tuesday, the firms said the "seamless and secure…

Digital-market traders found amusement in the GameStop saga. They also saw an opportunity for self-reflection. Here's what Niall Ferguson, Caitlin Long, Mati Greenspan and Jonathan Mohan said.GameStop's 900% gain (and the wipeout of Wall Street shareholders) is the talk of financial markets from stocks to crypto.(GameStop, modified by CoinDesk)Jan 28, 2021 at 2:24 p.m. UTCFirst…

A "cross-chain finality" bug has forced the network into "self-healing mode."(Alex Lange/Unsplash)Feb 11, 2021 at 3:35 p.m. UTCAvalanche Developers Rush Client Patch as ‘Bug’ Slows Avalanche TransactionsThe Avalanche network has come to a near halt after “a bug in the cross-chain functionality” code that enables the Avalanche protocol and the Ethereum Virtual Machine (EVM) to…

news A U.S. federal grand jury indicted a South Korean citizen for operating the largest child porn site by volume, where visitors spent millions of dollars worth of bitcoin to pay for the illegal content. Jong Woo Son, 23, the owner of the Welcome to Video (WTV) site has also been charged and convicted in…

Regulatory clarity and upcoming technical changes are spurring growth in XRP-tracked futures, with open interest zooming to record highs on Saturday as prices spiked more than 20% over 24 hours. XRP and U.S. dollar-denominated open interest are at record levels as of Sunday, with over 2 billion tokens (worth nearly $2 billion at current prices)