Zambia, Overstock’s Medici Ink Deal on Blockchain Land Registry Pilot

NEWS Cryptocurrency mining giant Bitmain is facing a class action lawsuit for over $5 million that alleges unauthorized crypto mining by the firm. On Nov. 19, lead plaintiff Los Angeles County resident Gor Gevorkyan filed the case against both Bitmain’s China- and U.S.-based entities in the federal court of the Northern District of California, alleging…

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Bitcoin-friendly Miami Mayor Francis Suarez will be accepting donations in bitcoin (BTC) for his presidential campaign, he announced on CoinDesk TV on Friday."Officially, my campaign is accepting bitcoin," Suarez said. "This is a process of developing technologies that are going to create democratizing opportunities for wealth creation and are not manipulated by a human being's…

news The London Metal Exchange (LME), which boasts the world’s largest market for metal derivatives, is said to be supporting an initiative to track physical metals using blockchain. A Financial Times report on Tuesday citing “people familiar with the effort” said that the LME has backed a consortium initiative led by commodity trading firm Mercuria,…

From left to right: Shira Frank (Maiden), Bill Ottman (Minds), and Zooko Wilcox (ZCash). All speaking on a panel at ETHDenver on February 16, 2019 via Christine Kim/CoinDesk Zcash’s Funding Vote and the Problems With Decentralized GovernanceThe zcash community has agreed to continue funding the development of its privacy coin, ZEC, as spearheaded by the…

The U.S. Commodity Futures Trading Commission didn't have the authority to "conduct a public interest review" that led it to block Kalshiex from listing political prediction markets in the U.S., a federal judge said in a formal opinion Thursday.. Judge Jia Cobb, of the District of Columbia, published her long-anticipated opinion nearly a week after

news A project aiming to empower people to build nodes that can send and route payments on bitcoin’s in-development lightning network has officially released version 1.0 of its code. Announced this week, RaspiBlitz has published finalized instructions for building a lightning node on a tiny hobbyist computer called a raspberry pi. Often used for custom…

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news South Korean cryptocurrency exchange Coinbin has declared bankruptcy after suffering millions of dollars in losses, in part due to claimed embezzlement. Coinbin published a notice on its website on Wednesday, stating that “increased debt” and “government regulation” led to the firm having to halt its business operations. Specifically, it said regulators’ suspension of its…