UK Charities Offered Guidance for Accepting Crypto Donations

WazirX's native token WRX slumped 15% in dollar terms. SHIB has lost 6% since the attacker drained $100 million worth of the token from the Indian exchange. Most coins, including market leader bitcoin and tether, are trading at a significant discount on WazirX. Cryptocurrencies stolen in a malicious attack at Indian exchange WazirX early Thursday

news Japan’s Financial Services Agency (FSA) has issued draft guidelines for funds investing in crypto. The Sept. 30 announcement, which mentions crypto assets in the introduction but only alludes to them in text of the proposed amendment itself, is latest move by the authorities in the country to prudently manage the development of the market…

news BitTorrent creator Bram Cohen has taken over as CEO of his current company, Chia Network, CoinDesk has learned. Co-founder Ryan Singer has stepped away from the company to focus on family priorities. Cohen is viewed as a pioneer of the decentralized internet for creating the BitTorrent filesharing protocol. In August 2017, he left BitTorrent to found…

Content moderation decisions from Amazon, Shopify and Twitter following the Capitol riots in Washington, D.C., on Jan. 6 have put efforts to “decentralize” the web into sharp relief.Alexandra Elbakyan, the woman behind SciHub, at a conference at Harvard in 2010.(Apneet Jolly/Wikimedia Commons, modified by CoinDesk)Jan 12, 2021 at 5:28 p.m. UTCBlockchain Bites: Bitcoin Rebounds, Addresses…

DeFi Risk Management Startup Cozy Finance Debuts With $2M Funding RoundA group of VC heavyweights and crypto entrepreneurs, including Blockfolio founder Ed Moncada, are backing a new risk management tool for the exploding decentralized finance (DeFi) space. Announced Thursday, Cozy Finance has raised a $2 million seed round, led by Electric Capital and including Variant…

Is Musk just teasing the crypto community again?Jan 29, 2021 at 9:31 a.m. UTCBitcoin Surges to $37K After Elon Musk Adds Crypto to Twitter BioBitcoin witnessed a sudden double-digit spike to 10-day highs on Friday. The top cryptocurrency picked up a bid near $32,000 at around 08:30 UTC and jumped to $37,050, the highest level…

Bitcoin mining farm image via CoinDesk archivesBixin, one of the earliest bitcoin miner operators and wallet startups, is dedicating 6600 bitcoin, worth $66 million, to a new fund of funds.The company announced the fund of funds with its proprietary capital on Friday and said it aims to invest in global quantitative trading funds whose strategies…

news Banking startup 2gether is launching a prepaid Visa debit card that allows users to spend cryptocurrencies. In an announcement, 2gether said customers will be able to use the card to pay with either euros or any of the following seven cryptocurrencies: bitcoin (BTC), ether (ETH), XRP, bitcoin cash (BCH), EOS, Stellar (XLM) and litecoin (LTC). The…

Bitcoin (BTC) continues to gain ground, taking bullish cues from traditional rate-sensitive assets like gold.The leading cryptocurrency by market value rose to $30,797 during Monday’s Asian trading hours, reaching the highest since July 15, according to CoinDesk data.Prices are up 14% for the month, with gold registering a much lesser 6.7% gain. Gold, however, picked