Unstoppable Scams? Ethereum’s Gambling Problem Is Only Getting Worse

The Commodity Futures Trading Commission (CFTC) is going to great lengths to better gauge what is happening at the Binance exchange, said Paul Grewal, chief legal officer at rival exchange Coinbase (COIN).“There's a lot to unpack,” Grewal told CoinDesk TV’s “All About Bitcoin” on Tuesday about the CFTC’s complaint against Binance, the largest crypto exchange…

Nov 19, 2020 at 11:23 p.m. UTCUpdated Nov 19, 2020 at 11:25 p.m. UTCThe yuan, China's national currency.(Shutterstock)Goldman Sachs Expects Digital Yuan to Reach 1B Users Within 10 YearsThe digital yuan, China’s planned national virtual currency, would account for 15% of total consumption payments in ten years, helping commercial banks gain more ground from fintech…

Coinbase posted $1.1 billion in transaction revenue in the third quarter, down from about $1.9 billion in the second quarter, the company said.Q3 trading volume was $327 billion, down from $462 billion in Q2.Coinbase had 7.4 million monthly transacting users (MTUs) in Q3, down from 8.8 million in Q2, but up from 2.1 million in…

The crypto economy never rests, seemingly jumping from one hype narrative to another in the form of inspired tokens that niche short-term traders can profit from.Nearly four hundred different GROK tokens have been released by anonymous developers over the weekend, running to a combined market capitalization of tens of millions of dollars, which has let

Featured SpeakerDeep Dive: EthereumProtocol VillageAustin Convention CenterJoin an hour long exploration of the advancements defining the Ethereum community in 2023.Shaurya is the Deputy Managing Editor for the Data & Tokens team, focusing on decentralized finance, markets, on-chain data, and governance across all major and minor blockchains.Featured SpeakerDeep Dive: EthereumProtocol VillageAustin Convention CenterJoin an hour long…

Gibraltar-based crypto friendly private bank Xapo is to expand across India and the rest of South Asia in a sign of considerable expansion for the provision of cryptocurrency services in the region.Xapo is to begin accepting members across South Asia, offering services such as its USD offshore savings account offering 4.1% interest and a bitcoin…

Joseph Bankman and Barbara Fried, the parents of Sam Bankman-Fried, have asked a court to dismiss a lawsuit by the bankrupt cryptocurrency exchange FTX seeking to recover funds it alleges were fraudulently transferred.FTX sought to “recover millions of dollars" from Bankman and Fried in Sept. 2023. Less than two months later, their son, Bankman-Fried, was

news The AP Stylebook, a venerable handbook for journalists, academics and other writers, has issued a guideline that should make the infosec community happy – if not cryptocurrency enthusiasts. In short, don’t call digital money “crypto.” The six-letter word was traditionally associated with cryptography, but in recent years has been used to refer to bitcoin and…

Oct 12, 2020 at 16:34 UTCMonero (XMR) 1-year chart, Oct. 12, 2020.Major privacy-focused cryptocurrencies jumped on Monday, with monero (XMR), the biggest of the lot, extending its impressive recent run to two-year highs. The move came after a group of countries jointly called for “back doors” into encryption software. That backdoor access potentially diminishes the…