Why Comparing Bitcoin to Visa Doesn’t Make Any Sense

With BTC shooting back up above $37K and a look into the aftermath of the GameStop moment, CoinDesk’s Market Daily is back with the latest news roundup. Add Markets Daily to your Alexa Flash Briefing here.This episode is sponsored by Nexo.io.Today's stories: The GameStop-galvanized “bear raid” by retail stock traders appears to have terrified Wall…

Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Eliza Gkritsi is CoinDesk's crypto mining reporter based in Asia.Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.North Korean hacker group APT43 probably uses cloud mining services to launder stolen crypto, according to…

DAI stablecoin issuer MakerDAO’s community has decided to halt lending to a tokenized credit pool on the Centrifuge protocol after accruing $2.1 million of loan defaults.In a governance vote that concluded Thursday at 12 p.m. (ET), voters unanimously favored stopping additional lending to the embattled credit pool, managed by fintech firm Harbor Trade. Maker is…

The U.S. Department of Justice’s (DOJ) indictment against the Tornado Cash developers, filed Wednesday, is commensurate with the government’s seeming disdain for privacy.Across the government, there seems to be an entrenched assumption that an individual’s desire to keep the details of their life private means they’re engaging in wrongdoing. This overly simplistic assumption is not…

In an era where digital natives reign supreme, Gen-Z women are navigating a landscape vastly different from any preceding generation. Born into a world where social networks are as essential as the air they breathe, these individuals wield technology with finesse, utilizing it not only to communicate their identities, engage with others but also to

Jan 4, 2021 at 5:50 p.m. UTCBlockchain Bites: $10B in Bitcoin Futures, Price Wobbles and LiquidationsBitcoin topped $34,000 for the first time this weekend and has since seen a double-digital correction in price. The cryptocurrency’s most recent rally came as the Bitcoin network celebrated its 12th Genesis Block day, on Jan. 3 – the anniversary…

JPMorgan maintained its cautious view on crypto markets.The bank said retail investors have been taking profits in recent weeks.The market is still faced with headwinds such as elevated positioning, the report said.Wall Street giant JPMorgan (JPM) said it's keeping its cautious stance on cryptocurrency markets in the near term due to a lack of positive

news Crypto-focused venture firm Pantera Capital has secured the bulk of its new $175 million fund ahead of an expected March closing, CoinDesk has learned. According to a slide deck obtained by CoinDesk, $125 million is currently committed to the fund, which will be the firm’s third. However, only $25 million has been secured since last August,…

Oct 7, 2020 at 16:20 UTCUpdated Oct 7, 2020 at 16:21 UTCU.S. Treasury Department seal (Bill Perry/Shutterstock, modified by CoinDesk using PhotoMosh)‘It’s Something We’re Studying’: Deputy Treasury Secretary Discusses US CBDC PlansThe U.S. Treasury Department is evaluating the merits of a government-sponsored digital currency, said one of its top officials Wednesday.Deputy Treasury Secretary Justin Muzinich,…