True Life: I’m a Bitcoin

Dec 15, 2020 at 11:24 a.m. UTCBitcoin prices over the last 12 hours(CoinDesk 20)Bitcoin May Have Hit Wall of Profit Takers Around $19,500: AnalystBitcoin’s ascent above $19,500 was cut short early on Tuesday, possibly due to profit taking by large Asia-based investors, according to one analyst.The top cryptocurrency fell from $19,555 to $19,035, with most…

news Cryptocurrency loans platform YouHodler left millions of records containing private financial data from thousands of users exposed online, researchers found. In a blog post, vpnMentor said its research team, led by Noam Rotem and Ran Locar, discovered a database leak as part of their web-mapping project and traced it back to YouHodler. The data, they found, exposed comes…

Oct 28, 2020 at 19:33 UTCUpdated Oct 28, 2020 at 19:39 UTCAvanti CEO Caitlin Long(Ali Powell/CoinDesk archives)Blockchain pioneer Caitlin Long is now the CEO of her own special purpose depository institution (SPDI) in Wyoming. Avanti Financial’s banking charter was approved unanimously by the Wyoming State Banking Board on Wednesday, becoming the second newly chartered bank in…

Nov 18, 2020 at 8:00 p.m. UTC(Eoneren/iStock via Getty Images Plus)Vijay Boyapati’s Four Mental Models for Valuing BitcoinFrom “Tulip Mania” to “the World’s Reserve Currency,” Vijay’s valuation models show the full range of bitcoin’s long-term possibilities.For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google…

What, legally speaking, is a cryptocurrency token sold to the public?Following Thursday’s bombshell split decision by judge Analisa Torres of the Southern District of New York (SDNY) in SEC v. Ripple Labs et al., the answer appears to be that XRP is both an unlawfully sold investment contract when sold to VCs or institutional buyers,…

Jan 22, 2020 at 10:52 UTCUpdated Jan 22, 2020 at 10:56 UTCSEC Charges Blockchain Marketplace Opporty Over ‘Fraudulent’ $600,000 ICOThe U.S. Securities and Exchange Commission (SEC) is taking action against yet another ICO issuer: blockchain-based B2B marketplace Opporty.In a complaint filed on Tuesday, the SEC alleges that, from September 2017 to October 2018, Opporty International,…

Nov 25, 2020 at 1:00 p.m. UTC(Danshutter/Shutterstock)In India, a Clash of Digital Innovation and Internet CensorshipEarlier this month, reacting to a decision by India’s highest court, prominent comedian Kunal Kamra tweeted that India’s Supreme Court is the “most Supreme joke of this country.” The following day, local media reported that Attorney General K. K. Venugopal greenlighted…

news Distributed ledger technology provider R3 has carried out an extensive internal reorganization, resulting in the departure of two members of its management committee, CoinDesk has learned. Brian McNulty, a managing director and head of global services, and Lauren Carroll, chief administrative officer, are leaving the company, R3 told employees at town hall meetings Friday, according…

Ethereum developers failed to get their new test network, Holesky, started on Friday, marring a technological milestone that was supposed to serve as a celebration of the first anniversary of last year’s historic “Merge” upgrade.While some validators were able to manually start the test network, there was a misconfiguration in one of the genesis files