If you're nearing retirement age, you might be looking to get out of the United States. People have many reasons for leaving the U.S, whether it's personal affordability, politics, economic fears or...
Zimbabwe’s gold-backed digital token is not going to stabilize the country’s local currency as the central bank hopes, two economists told CoinDesk.On May 8, the Reserve Bank of Zimbabwe issued gold-backed digital tokens, which are a form of electronic money backed by
When a highly-anticipated non-fungible token (NFT) project seems off, skeptical users will often head to Twitter to voice concerns and attempt to investigate further. The accusations often become more intense and spread quickly when they involve a prominent Web3 influencer.On the
In pretrial proceedings on July 15 in its case against Binance, lawyers for the U.S. Securities and Exchange Commission (SEC) struggled to justify their request for a near-total financial freeze order against American arm Binance.US. Judge Amy Berman Jackson, who is expected to o
Los estafadores crearon en mayo, al menos, 7905 billeteras de blockchain para guardar las criptomonedas que roban a usuarios, según la empresa de seguridad de blockchain Forta Network.Read this article in English.
With the vast majority of central banks exploring Central Bank Digital Currencies (CBDCs), the coupling of Decentralized Finance (DeFi) and the banking sector has already begun.
Lobby groups and crypto companies in the U.K. are generally welcoming of the government's plans for a digital pound, but some of them believe the currency should be interoperable with crypto in order to be suitable for the future.The U.K. opened its plans for a digital pound for
Last week, CoinDesk received documents in response to a New York state Freedom of Information Law request about the details of Tether’s reserves. These documents were released two years after our original filing in 2021 and only after a full-blown legal fight with Tether, w
With the U.S. Securities and Exchange Commission (SEC) seemingly committed to burning the earth and salting the fields of the cryptocurrency industry, the stablecoin tether (USDT) could face serious pressure. Whether out of worry of a direct regulatory attack by U.S. authorities,
We’ve seen this before. A radical technological breakthrough spins off applications that promoters insist will revolutionize whatever industry they happen to be targeting. Breathless conferences promise that nothing will ever be the same again. Funding floods in at back-of-
To say OG blockchain Bitcoin has proven impervious to assassination attempts would be a stretch, but it’s certainly shown itself to be robust and resilient since Satoshi Nakamoto bequeathed it to the world nearly 15 years ago.
The European Central Bank (ECB) and European Commission are beavering away at the technical details for a digital euro – but among political decision-makers it appears hard to muster much enthusiasm for the putative central bank digital currency (CBDC).New laws to underpin
At last count, the U.S. Securities and Exchange Commission’s (SEC) enforcement division has singled out at least 68 blockchain tokens as being securities. This is the running tally of cryptocurrencies named in the SEC’s various lawsuits filed against crypto companies,
There are major disruptions and so much noise happening in the crypto/blockchain industry, but now the real serious players are starting to rise to the top.
BitGo, a crypto asset trust and security company, has reached a tentative deal with fellow custody specialist Prime Trust to acquire this firm at an undisclosed price.
Alibaba (NYSE: BABA) said on Tuesday that Joseph Tsai, one of its founders, will step into the role of Chairman come September.This leadership shuffle, which also saw the company name Eddie Yongming Wu as its new CEO, comes as it reorganizes itself into multiple units, separating
If you're nearing retirement age, you might be looking to get out of the United States. People have many reasons for leaving the U.S, whether it's personal affordability, politics, economic fears or...
This morning in a sun-dappled conference room high above the streets of Manhattan, a crowd of lawyers and journalists got a preview of crypto’s coming legal Ragnarok. It was the U.S. Securities and Exchange Commission (SEC) vs. Coinbase, months early – albeit slightly
Amid the angst over crypto U.S. regulation and a revived bear market, an email from the digital assets team of a major international investment bank presented me with a contrarian indicator and a reminder not to solely view this industry with a U.S. lens.Its subject read: “
In the last two weeks, Washington D.C. policymakers presented the American people with two different futures on digital assets. One leads to American innovation and job growth. The other is a dead-end street in a one-road town.Last week, with twin actions against Coinbase and Bin