UBS: Bitcoin Is Too ‘Unstable and Limited’ to Function as Money

news Social media giant Facebook is growing its blockchain efforts by hiring staffers from Chainspace, the startup behind a smart contracts platform. The news of the hires – first reported by Cheddar – demonstrates that the social media company is moving ahead with its blockchain ambitions, which were first revealed last May with the announcement of…

Shipping giant UPS has filed for a new patent that uses blockchain as part of a distributed system for sending packages worldwide.

Featured SpeakerJenny JohnsonPresident and CEOFranklin TempletonJenny will discuss developing crypto-linked investment products in a bear market, the mood among her clients and her lon...Krisztian Sandor is a reporter on the U.S. markets team focusing on stablecoins and institutional investment. He holds BTC and ETH.Featured SpeakerJenny JohnsonPresident and CEOFranklin TempletonJenny will discuss developing crypto-linked investment products…

Jun 22, 2020 at 19:00 UTCMacro Investors Sound Off! Featuring Ari Paul, Spencer Bogart and David NageSome of the smartest investors in the crypto space share how they think the larger macro context is shaping interest in bitcoin and digital assets. For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe…

May 28, 2020 at 16:00 UTCGoldman talks down cryptocurrencies while Minecraft boots up tokenized assets. It’s another episode of Markets Daily from CoinDesk! For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS. Chainlink, the blockchain oracle provider, apparently has not only a devoted group of backers known as “LINK Marines”…

New York City was all about NFTs this week as the third edition of NFT.NYC, New York’s non-fungible token conference, took place. It went off with a bang!The event has come far from its humble origins in 2019 and this year’s featured 600 speakers across three days and six venues throughout the city. Over the…

Crypto bridging protocol LayerZero is set to expand to the Solana blockchain on Wednesday, adding another route for crypto assets transferring between the Ethereum world and its largest singular competitor.Crypto holders on Solana will be able to move their assets to Arbitrum, Ethereum, Polygon and the 70 other chains it links to – and vice-versa

Aug. 27: Binance Labs wrote in a blog post that it has invested in Delphinus Lab, an infrastructure provider that is “leading the zkWASM space, where zero-knowledge (ZK) cryptography is deployed in WebAssembly (WASM) environments.” The funds will be used for development of Dephinus’s zkWASM-based application rollup platform, zkWASM Hub, according to the post. WASM…

news Craig Wright filed an intention to call witnesses at his upcoming deposition scheduled for June 28, the latest update in the ongoing Kleiman v. Wright lawsuit. Bitcoin’s alleged creator called upon two expert witnesses, a fact witness, and himself to testify at the federal evidentiary hearing, which will begin at 9 a.m. This can…