What Intel’s Foreshadow Flaw Means for the Future of Cryptocurrency

You Think Crypto Isn’t Ready to Be Money? Consider the Coin ShortageJ.P. Koning, a CoinDesk columnist, worked as an equity researcher at a Canadian brokerage firm and was a financial writer at a large Canadian bank. He runs the popular Moneyness blog. Cryptocurrency is still a new endeavor. People who use it aren’t too surprised…

Aug 12, 2020 at 13:10 UTCUpdated Aug 12, 2020 at 13:21 UTCNew York Stock Exchange (f11photo/Shutterstock)A former New York Stock Exchange broker has pleaded not guilty to charges alleging involvement in a crypto trading scheme that defrauded over a hundred investors. Michael Ackerman was the chief trading officer at Q3 – an investment club that…

news Ernst and Young (EY), the court-appointed monitor for collapsed Canadian crypto exchange QuadrigaCX, has proposed transitioning the company from a restructuring process to bankruptcy proceedings. In a new report posted Tuesday, EY said that the exchange’s creditors “will benefit” from converting its current restructuring process under the Companies’ Creditors Arrangement Act (CCAA) to a…

Since Canadian Prime Minister Justin Trudeau said political rival Pierre Poilievre's call for Canadians to buy bitcoin was irresponsible, the digital asset is up 15%, beating inflation and the S&P 500.Despite Trudeau's hostility towards crypto, several Liberal Members of Parliament own digital assets.One year ago, Canadian Prime Minister Justin Trudeau warned that opposition leader Pierre

Nov 22, 2020 at 2:00 p.m. UTC(Win McNamee/Getty Images News)Bitcoin ETF Time? What SEC Chairman Jay Clayton Stepping Down Means for MarketsJay Clayton is stepping down as chairman of the Securities Exchange Commission. Here’s what that means for crypto and traditional markets. For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe…

Ian Allison is an award-winning senior reporter at CoinDesk. He holds ETH.EY, the professional services giant, has started an Ethereum-based platform for enterprises to track their carbon emissions and carbon credit traceability.The EY OpsChain ESG made the announcement at the firm’s Global Blockchain Summit in London. The platform is now available in beta version on…

news Payments giant Mastercard is to develop a blockchain-powered cross-border payments platform in partnership with enterprise-focused blockchain firm R3. In an announcement on Wednesday, Mastercard said the two firms have inked a deal to “develop and pilot” the payments solution. It will initially be aimed at connecting faster payments schemes and banks backed by Mastercard’s clearing…

Dec 10, 2020 at 2:42 p.m. UTCUpdated Dec 10, 2020 at 3:02 p.m. UTCJPMorgan Completes Live Blockchain Repo Trade Ahead of New Product LaunchInvestment bank JPMorgan says it has completed a live intraday repo transaction using a blockchain solution that will soon see a commercial launch.The repo trade was carried out between JPMorgan’s broker-dealer and…

New crypto-focused venture capital firm Dispersion Capital has launched a $40 million fund focused on pre-seed and seed investments in Web3 infrastructure projects. Limited partners backing the fund included the venture capital arm of USDC issuer Circle, enterprise-focused crypto firm Ripple and Web3 infrastructure giant Alchemy’s investment arm.The fund is opening for business during an…