Where Roads Can’t Reach, Blockchain Drones Just Might Travel

CoinDesk 20 Bitcoin Price IndexMarket Wrap: Bitcoin Hangs Around $10K; Locked DeFi Value DropsBitcoin is stuck around $10,000 with little price action while some ether holders have pulled out of the DeFi ecosystem. Bitcoin (BTC) trading around $10,014 as of 20:00 UTC (4 p.m. ET). Slipping 1.1% over the previous 24 hours.Bitcoin’s 24-hour range: $9,920-$10,439BTC…

news Blockchain startup PeerNova has received $31 million in a Series B round, bringing the company’s total fundraising to $74 million. Mosaik Partners led the latest investment, joined by Intuitive Venture Partners and Medici Ventures, the investing arm of retail giant Overstock, the company said. PeerNova declined to disclose any further financial details of the…

New customers will have to complete level 1 know-your-customer (KYC) verification starting Sept. 1.Regulators often criticized crypto exchanges for a perceived laxity in KYC checks, saying they lead to fraud, money laundering and terrorist financing.Singapore-based cryptocurrency exchange Bitget is to tighten its know-your-customer (KYC) requirements for users wishing to deposit or trade on its platform…

Aug 14, 2020 at 18:13 UTCUpdated Aug 14, 2020 at 18:19 UTCA WeChat Ban Should Be the Moment for Decentralized Tech. But It’s Not.People from the world’s two largest economies could soon have a much harder time communicating with each other. Literally.  The U.S. may soon ban WeChat, the multi-purpose messaging app for more than…

All of FTX founder’s Sam Bankman-Fried’s proposed witnesses should be disqualified from testifying because their disclosure filings are insufficient, their experience may be misleading or their planned testimony may not be relevant, prosecutors said in a late Monday filing.Bankman-Fried’s team, for their part, wants to exclude a financial analysis expert proposed by the Department of…

Let's address the topic the crypto industry is obsessed with: I believe there is a 98% chance that a spot bitcoin ETF will be approved in the U.S. by Jan. 10.Recent developments support that. The Securities and Exchange Commission has been meeting with potential issuers of these ETFs, even during the busy holiday season, to

Customers are so comfortable using today's money that there's no justification for central bank digital currencies (CBDCs), Mastercard's lead for blockchain and digital assets for Asia-Pacific has told CNBC."The difficult part is adoption," Ashok Venkateshwaran said on the sidelines of the Singapore FinTech festival on Wednesday. "So if you have CBDCs in your wallet, you

Featured SpeakerAlex ThornHead of Firmwide ResearchGalaxyHear Alex Thorn share his take on "Bitcoin and Inflation: It’s Complicated” at Consensus 2023.Omkar Godbole is a Co-Managing Editor on CoinDesk's Markets team.Featured SpeakerAlex ThornHead of Firmwide ResearchGalaxyHear Alex Thorn share his take on "Bitcoin and Inflation: It’s Complicated” at Consensus 2023.Bitcoin (BTC) has come under pressure of late…

markets View Bitcoin is on track to test $9,000, having dived out of a narrowing price range earlier this week. The cryptocurrency is likely to end August on a negative note, having suffered losses in July and January. BTC may suffer a deeper price drop over the next few months, possibly to the 200-day moving…