Venezuela to Peg Pension, Salary Systems to Petro Cryptocurrency
Venezuela is set to begin using its “petro” cryptocurrency as an official accounting unit, according to the country’s president.
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Ethereum ETFs Scored $49M Inflows as ETH Plunged
Despite a sharp 20% drop in price, U.S.-listed spot ether exchange-traded funds (ETFs) saw net inflows of nearly $49 million on Monday, indicating strong demand. Meanwhile, some pointed to the resilience of the Ethereum network in the face of the price drop, indicative of strong fundamentals. U.S.-listed spot ether (ETH) exchange-traded funds (ETFs) recorded net
First Mover Americas: Bitcoin Hovers Around $59K to End Week
This article originally appeared in First Mover, CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day.Latest Prices(CoinDesk)Top StoriesBitcoin tested a return to $60,000 during the Asian morning on Friday before retreating to trade around $59,000. BTC has gained about 2% in the last

Ex-PBoC Governor Urges China to Join Global Conversation on Libra
Jan 28, 2020 at 21:00 UTCA former senior official with the People’s Bank of China (PBoC) believes the nation should join a global conversation about regulating stablecoins, with a particular focus on the Libra stablecoin.Min Zhu, former deputy governor at the PBoC, said China should join other nations in regulating the Facebook-led Libra stablecoin, according…

Just-Launched Sei Blockchain’s New Token Plunges 24% After Airdrop
An airdrop of tokens to early adopters of the new Sei blockchain turned into a crypto-market disappointment on Thursday, as recipients appeared to dump their holdings while complaints flooded X (formerly Twitter) about the scantiness of the allocations.The SEI token tumbled 24% over the past 24 hours, according to CoinGecko, pushing the market capitalization to…

Free Money? Polymarket Bet Pays 8% if China Doesn’t Invade Taiwan
Which pays more: a two-year Taiwanese government bond, or a prediction market contract about the potential invasion of Taiwan by China?Taiwan government bond yields (Investing.com)Turns out it's the prediction market contract."No" shares on crypto-based platform Polymarket are trading at 92 cents, which means that should China not invade Taiwan by the end of the year

Dutch Derivatives Exchange Deribit to Move to Crypto-Friendly Panama
Jan 9, 2020 at 20:02 UTCUpdated Jan 9, 2020 at 20:19 UTCPanama City image via ShutterstockDeribit is moving to warmer waters, citing regulatory concerns.Announced Thursday, the Amsterdam-based crypto derivatives exchange will operate out of Panama as DRB Panama Inc., a wholly owned subsidiary of current platform Deribit B.V., beginning Feb. 10. The company claimed the Netherlands’…

Twitter Suspends Official Arbitrum Account
Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Sam is CoinDesk's deputy managing editor for tech and protocols. He reports on decentralized technology, infrastructure and governance. He owns ETH and BTC.Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.The Twitter account…

Making Bitcoin a Strategic Reserve Asset Contradicts ‘Freedom From Government’ Narrative, Says WSJ
Former president Donald Trump's alleged plan to make bitcoin a strategic reserve asset doesn't align with crypto's values, the editorial board of the Wall Street Journal wrote. Trump said at the Bitcoin Conference in Nashville last week that bitcoin stands for freedom and independence from the government, among other things, but that view doesn't align