Author: Daniel Palmer

Ripple-Backed Rental Firm Omni Shutting Down With Coinbase Snapping Up Dev Team: Report – CoinDesk

CoinDesk

Omni, a digital rentals marketplace that has been struggling to make its business model work despite shifts in direction, is shutting up shop. According to a report from Tech Crunch, a company spokesperson said: “We’ll be winding down operations at Read More

Another Class Lawsuit Claims Bitfinex, Tether Manipulated Bitcoin Market

CoinDesk

Crypto exchange Bitfinex and its sister firm, stablecoin issuer Tether, have again been accused of working to manipulate the bitcoin markets. Bitfinex has called the suit “mercenary and baseless,.” Go to Source Author: Daniel Palmer Recommended Crypto Services, Products and Read More

Kik Suffers Setbacks With ‘Void for Vagueness’ Defense in SEC Case – CoinDesk

CoinDesk

Kik is struggling to mount a strong defense in a case brought by the U.S. Securities and Exchange Commission (SEC) over its $100 million initial coin offering. As reported last month, Toronto-based Kik’s legal team attempted to persuade the district court Read More

FTX Launches Futures on Index of 8 China Cryptos Amid Xi Blockchain Pump – CoinDesk

CoinDesk

Derivatives exchange FTX has launched an index of eight popular China-based cryptocurrencies. Announced in a tweet by the firm’s CEO Sam Bankman-Fried Tuesday, the Dragon Perpetual Futures Index (DRGN-PERP) tracks a basket of coins including BTM, IOST, NEO, NULS, ONT, Read More

How to Watch Mark Zuckerberg’s Grilling in Congress Today – CoinDesk

CoinDesk

Facebook CEO and founder Mark Zuckerberg will be facing a grilling from lawmakers in Congress at 14:00 UTC (10 a.m. local time) today. In his testimony before the House of Representatives Financial Services Committee, Zuckerberg has already revealed he will addressing Read More

Ripple Boosts Blockchain Advocacy Efforts With New Washington DC Office – CoinDesk

CoinDesk

Ripple has opened a new office in Washington, D.C., in a bid to strengthen its advocacy efforts for blockchain and cryptocurrency. Announced on Tuesday, the blockchain payments technology provider said the new premises near the heart of U.S. government comes alongside Read More

Binance CEO: Russian Ruble to Be First Fiat-Crypto Trading Option – CoinDesk

CoinDesk

Cryptocurrency exchange Binance is soon to launch its first fiat-to-cryptocurrency trading pairs. Speaking at the Open Innovations 2019 conference in Moscow on Monday, CEO Changpeng “CZ” Zhao confirmed that fiat options are on the way, kicking off with the Russian ruble: “We’re adding support Read More

Fake Tor Browser Has Been Spying, Stealing Bitcoin ‘For Years’ – CoinDesk

CoinDesk

Hackers have been distributing a compromised version of the official Tor Browser that’s packed with malicious tools used to both spy on users and steal their bitcoin. Discovered by researchers at IT security firm ESET, the trojanized Tor has apparently resulted in a Read More

EY Launches Blockchain Tool to Help Bring Accountability to Public Finances – CoinDesk

CoinDesk

Professional services giant EY (Ernst & Young) is using blockchain tech to assist governments in improving transparency and accountability in the management of public funds. The firm, one of the Big Four accounting firms, announced the news Wednesday, saying its Read More

Forex Broker FXCM Launches Basket of 5 Cryptos for Retail Investors – CoinDesk

CoinDesk

Foreign exchange trading platform FXCM Group has launched a basket of five cryptocurrencies aimed at retail investors. Dubbed CryptoMajor, the basket product includes bitcoin (BTC), XRP, litecoin (LTC), bitcoin cash (BCH) and ethereum (ETH), which are equally weighted to protect Read More

ING’s Chief Economist Predicts Central Bank Digital Currencies in 2-3 Years – CoinDesk

CoinDesk

Dutch bank ING’s chief economist has said “fully fledged” digital currencies will developed by central banks in just two to three years. Mark Cliffemight, speaking in an ING video published Friday, argued that the Facebook-led Libra cryptocurrency project is putting pressure on Read More