Category: CoinDesk

CoinDesk News Feed

First Mover: Tron’s Play for WBTC Shows Competition to Relieve Ethereum Congestion – CoinDesk

CoinDesk

Compared with the traditional financial system, the cryptocurrency industry is evolving fast. Technologists are experimenting with the vast-reaching potential of blockchain. And regulation is typically immature, inconsistent and unevenly applied across international borders, allowing entrepreneurs to move fast and break things, Read More

Israeli Draft Bill Would Nix Hefty Capital Gains Taxes on Bitcoin – CoinDesk

CoinDesk

Israeli bitcoiners take note: a handful of Knesset members are seeking to ease Israel’s hefty taxation of cryptocurrencies. Four Knesset members from the nationalist Yisrael Beiteinu party on Tuesday introduced a draft bill that would effectively end Israel’s 25% capital Read More

New Bipartisan Bill Would Classify Digital Tokens as Commodities, Not Securities, in US

CoinDesk

A bill introduced by Rep. Tom Emmer could clarify the status of digital tokens issued as part of a securities offering under securities law. Go to Source Author: Sandali Handagama Recommended Crypto Services, Products and Strategies: The first thing any Read More

Liquality Releases In-Browser Atomic Swap Wallet for DeFi – CoinDesk

CoinDesk

On Thursday, ConsenSys-incubated startup Liquality released a new wallet that lets you atomically swap digital assets directly from your browser. The Liquality Atomic Swap Wallet can act as a trustless alternative to current methods of porting cryptocurrencies into the decentralized Read More

Russian Ministry Wants Citizens to Report Their Crypto Wallet Details: Report

CoinDesk

The Ministry of Finance is seeking amendments to the law that would force cryptocurrency users to report wallet balances and large transactions to the tax authorities. Go to Source Author: Anna Baydakova Recommended Crypto Services, Products and Strategies: The first Read More

Iran Is Ripe for Bitcoin Adoption, Even as Government Clamps Down on Mining – CoinDesk

CoinDesk

Iran-based bitcoiner Zahra Amini was used to answering questions on cryptocurrencies, but usually about their relationship with crime. So when a 70-year-old man recently asked her to explain crypto because he no longer wanted to rely on the national rial, Read More

Gemini Adds British Pound to Accepted Fiats in UK After Registration With Watchdog – CoinDesk

CoinDesk

Cryptocurrency exchange and custodian Gemini announced on Thursday that it was now expanding “fully” into the United Kingdom as users, both individual and institutional, will now be able to trade and store crypto using the British Pound (GBP).  Disclosure Go Read More

MakerDAO Users Hosed by March Flash Crash Won’t Get MKR Payouts, Say MKR Whales – CoinDesk

CoinDesk

MakerDAO will not compensate victims of March 12’s “Black Thursday” flash crash that left some of the decentralized finance (DeFi) platform’s investors out $8.33 million, according to a vote that closed Tuesday. The Maker community had initially voted in early Read More

Valentus Capital Plans $50M Token Raise for Credit Fund: Report – CoinDesk

CoinDesk

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies Read More

Blockchain Bites: BTC on Ethereum, DeFi’s Latest Stablecoin, the Currency Cold Wars – CoinDesk

CoinDesk

DeFi Pulse fixed a bug that led to a substantial misreporting of total value in decentralized finance protocols, former acting White House chief of staff Mick Mulvaney joined the Chamber of Digital Commerce and there’s a new stablecoin that functions like Read More

This Ethereum Startup Is Building a ‘DeFi Firewall’ for Institutional Investors – CoinDesk

CoinDesk

As decentralized finance (DeFi) balloons to a roughly $10 billion market, infrastructure builders are coming up with ways to reduce the associated risks. Announced Wednesday, wallet and custodial technology provider Trustology has added a “DeFi Firewall” to its suite of Read More

Origin Debuts OUSD, a Stablecoin That Works Like a Savings Account – CoinDesk

CoinDesk

Peer-to-peer commerce company Origin is announcing Origin Dollars, or OUSD, a stablecoin whose reserves leverage decentralized finance (DeFi) so that balances grow wherever it resides, no staking or account required. “One thing we’ve all seen in DeFi is a much Read More

Market Wrap: Bitcoin Clings to $10.4K; Ether in Smart Contracts Highest Since 2016 – CoinDesk

CoinDesk

Bitcoin stuck around $10,400 for most of Tuesday. Meanwhile, ether holders are increasingly choosing smart contracts to park the cryptocurrency. Bitcoin (BTC) trading around $10,494 as of 20:00 UTC (4 p.m. EDT). Gaining 0.10% over the previous 24 hours. Bitcoin’s Read More

Blockchain Bites: OCC’s Stablecoin Guidance, EU’s Digital Euro Plans, Chamath’s Bitcoin – CoinDesk

CoinDesk

The OCC published guidance clarifying that federally-regulated banks can work with stablecoin issuers, the ECB thinks stablecoin is a “misleading” term and a group of banking veterans has spun up a new crypto fund.  Top shelf Bitcoin fundsBanking veterans who Read More

BRD Is Breaking Into the Crypto Compliance Game – CoinDesk

CoinDesk

BRD team is spearheading a new initiative: Blockset, a business-to-business blockchain technology stack with a bent towards compliance, surveillance and security for cryptocurrency companies and government agencies. After its 2014 launch, Bread was the first Bitcoin wallet to land on Read More

JD.com to Build Apps for China’s Digital Yuan Project: Report – CoinDesk

CoinDesk

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies Read More