Analysis

Noelle Acheson is a veteran of company analysis and a member of CoinDesk’s product team. The following article originally appeared in Institutional Crypto by CoinDesk, a free newsletter for the institutional market with news and views on crypto infrastructure delivered every Tuesday. Sign up at the link below.  Ever since Emperor Vespasian held up a
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One of the most popular cryptocurrencies for privacy protection, monero, celebrated five years of existence this week. Launched in April 2014, monero has, since its inception, been entirely crowdfunded. And in tune with this decentralized, grassroots structure, monero is almost entirely developed by volunteers. “Monero is very committed to its decentralized, grassroots structure meaning we took
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Cryptocurrency exchange giant Binance will launch its new fiat-to-crypto platform in Singapore next week, its chief financial officer said. CEO Changpeng “CZ” Zhao announced in early April that the Singapore fiat “on-ramp” would be coming sometime this month. But speaking to CoinDesk Wednesday from Paris, Binance CFO Wei Zhou gave a more precise timeframe.   “Next week we
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Mitsubishi UFJ Financial Group (MUFG), Japan’s largest bank, has backed an additional $6 million Series B round for cryptocurrency sleuthing startup Chainalysis. The investment came via the bank’s venture capital unit, MUFG Innovation Partners, Chainalysis said Tuesday. The round also saw participation from Tokyo-based investment firm Sozo Ventures. The additional funding means Chainalysis’ total for
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Another major crypto exchange is delisting bitcoin SV (BSV) amid an ongoing feud between that cryptocurrency’s creator Craig Wright and outspoken members of the bitcoin community. San Francisco-based Kraken announced Tuesday that it will no longer support BSV, citing both community sentiment and ongoing litigation filed against the exchange by the coin’s advocates. Kraken will
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