Venezuela to Peg Pension, Salary Systems to Petro Cryptocurrency

Bitcoin and ether may be pulling back from their all-time highs but alternative cryptos are starting to see action. (CoinDesk archives)Jan 12, 2021 at 10:07 p.m. UTCUpdated Jan 12, 2021 at 10:16 p.m. UTCMultiple Tokens See Rally Amid Looming ‘Alt Season’As prices for bitcoin and ether retreat from their recent highs, the strong performance of…

After a user made an "enormous" gamble on bitcoin futures, and lost, OKEx said it is having to claw back millions from other traders.

A relatively new platform is trying to expand bitcoin (BTC) usage – beyond trading or investments – by building games on the Bitcoin blockchain that offer payouts on wins, among other uses.New Bitcoin City, which went live last week, currently offers casual games, board games, and strategy games on both web and mobile that run…

markets With the bitcoin (BTC) market showing signs of indecision, prices could soon retreat back below $4,000. The world’s largest cryptocurrency by market capitalization witnessed two-way business yesterday before ending largely unchanged on the day (as per UTC) at $3,995 on Bitstamp. Worryingly for the bulls, BTC created a doji candle on Tuesday – widely…

Crypto wallet maker Ledger dug itself into a deeper public relations hole on Wednesday when its support team said on Twitter that "it is and always has been possible" for the firm to extract its users' keys.While answering queries about the firm's new wallet recovery service, Ledger Support sent a couple of bizarre tweets which…

The U.S. is weighing crypto tax rules, and many in the digital asset industry worry the government going too far. (Jesse Hamilton/CoinDesk.)

WASHINGTON, D.C. – A U.S. judge declined to order Binance.US to make its executives more available for depositions, or for the U.S. Securities and Exchange Commission (SEC) to back down in its demands for more documents during a hearing Monday.Rather, Magistrate Judge Zia Faruqui urged the two parties to work on the various discovery requests

Total crypto market cap was about $2 trillion at the end of last month, the report said. JPMorgan said the crypto ecosystem lacks major catalysts in the near-term. Stablecoins were the outlier, as total market cap grew and volumes also increased from the prior month, the bank said. Total crypto market was $2.02 trillion at

Ethereum's upcoming hard fork, Constantinople, will activate in a testing environment next month, core developers agreed on Friday. As detailed by CoinDesk, Constantinople features various backward-incompatible changes designed to increase efficiency on the ethereum network, alter its economic policy and delay the so-called "difficulty bomb." Speaking in a biweekly video call, developers said the upgrade…