Tron’s BitTorrent Acquisition Triggers String of Employee Exits

NEWS A patent awarded to the Bank of America outlines how enterprise-level institutions may be able to store cryptocurrencies owned by their customers. The filing, awarded by the U.S. Patent and Trademark Office Tuesday, contends that large companies – specifically enterprise-level institutions – may want to store cryptocurrencies for customers should they see wider adoption. There…

Demand for bitcoin ETFs continues to grow as outflows from Grayscale decrease, while inflows for BlackRock’s IBIT increase.Some traders, who previously predicted a sell-off following the ETF introductions, now forecast a BTC price of $64,000, citing technical analysis.Inflows into popular spot bitcoin (BTC) exchange-traded fund (ETF) products show no signs of slowing, with nearly $630

markets View Bitcoin has again bounced up from $7,800 support, neutralizing the immediate bearish setup. A break above $8,820 is needed to invalidate the lower-highs setup and confirm a bull reversal. A bullish close, if confirmed, would open the doors for $9,320 (Aug. 29 low). Bitcoin’s price bounce has shed some of the recent bearish…

Bitcoin (BTC) is expected to correct to as low as $32,000 next month following the potential approval of a spot ETF, according to data provider CryptoQuant.In what is being described as a potential "sell the news" event, CryptoQuant said in a note to CoinDesk that trader's unrealized profits are currently lingering at a level that

How the Decentralized Web Transfers Wealth From Corporations to PeopleThe internet of today is broken. We can use the internet, but we don’t own anything we do. Companies control our domain names, the content we host on web servers and our access to the internet. Now that so much of our information is on social…

Bappebti, the Indonesian commodities regulator, formed a committee dedicated to monitoring the crypto industry.The committee will include regulator, government and industry representatitves.The Commodity Futures Trading Regulatory Agency, the Indonesian government agency known as Bappebti whose responsibilities include overseeing cryptocurrencies, formed a dedicated committee to monitor the industry.The Crypto Asset Committee was established under regulations enacted

Bitcoin mining is often criticized by environmentalists for its intensive energy usage. A new research paper shows that bitcoin mining bans can actually backfire because they push miners to seek new jurisdictions that rely on fossil fuels to power their grid. Bans in America and Europe would typically make things worse, while a ban in

After three weeks of listening, recording and talking bitcoin (BTC) in Africa, podcaster Anita Posch is back in part 2 of her six-part documentary podcast series. Presented in audio and full written transcript below. Listen/subscribe to the CoinDesk Podcast feed for unique perspectives and fresh daily insight with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, IHeartRadio or RSS.In this second part of the…

Institutions are interested in DeFi for off-chain assets, such as real estate. Here, from our columnist, are some issues they might consider.(Avi Waxman/Unsplash)Feb 17, 2021 at 5:55 p.m. UTCHow to Bring Off-Chain Assets to DeFiThe recent GameStop short squeeze has brought decentralized finance (DeFi) into mainstream public consciousness. Well-known crypto influencers such as Caitlin Long…