US Senate to Examine Energy Efficiency of Blockchain

news Top adult entertainment site Pornhub may expand the range of cryptocurrencies it offers to pay performers for their work after PayPal abruptly cut off service. “We currently pay out in verge and are evaluating adding other cryptocurrency payout options,”  Corey Price, a vice president at Pornhub, told CoinDesk Thursday. More than 100,000 performers who…

Stablecoin issuer and decentralized finance protocol MakerDAO bought another $700 million U.S. Treasurys, taking the total in its DAI stablecoin reserve to $1.2 billion, the platform said in a press release.The purchase was the latest step in Maker’s strategy, encapsulated by founder Rune Christensen’s “Endgame Plan,” to diversify the assets backing the $4.5 billion dollar-pegged…

Feb 7, 2020 at 18:00 UTCUpdated Feb 7, 2020 at 18:23 UTCA U.S. judge has asked lawyers from the Commodity Futures Trading Commission (CFTC) to provide an opinion in the case brought by the Securities and Exchange Commission (SEC) against Telegram's $1.7 billion token sale.On Thursday, Judge Kevin P. Castel of the Southern District of…

“We’re seeing the XRP price jump by double digits and rally above its long-held resistance levels, as rumors filter through that Ripple and the SEC have possibly agreed to a settlement,” said Henry Liu, CEO of BTSE, in a Telegram message to CoinDesk.

news Benoit Coeure, outgoing member of the executive board of the European Central Bank (ECB), is to lead a new global effort by central banks to research the benefits of fintech such as digital currencies. The Bank for International Settlements (BIS) announced the news on Sunday, saying that Coeure will take on the role of head…

Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Jamie Crawley is a CoinDesk news reporter based in London.Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Daniel Shin, the co-founder of Terraform Labs, was indicted by South Korea on violations of capital…

Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Andrés Engler is a CoinDesk editor based in Argentina, where he covers the Latin American crypto ecosystem. He holds BTC and ETH. Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Mercado Libre, Latin…

Regulatory clarity and upcoming technical changes are spurring growth in XRP-tracked futures, with open interest zooming to record highs on Saturday as prices spiked more than 20% over 24 hours. XRP and U.S. dollar-denominated open interest are at record levels as of Sunday, with over 2 billion tokens (worth nearly $2 billion at current prices)

Sorare users no longer have to use ether to buy the the Web3 fantasy-sports platform's digital trading cards, eliminating "one of the main barriers to entry."However, the trading cards are still NFTs and are still transacted on the blockchain.Web3 fantasy-sports company Sorare now supports fiat payments for its digital trading cards, removing the requirement for…