Analysis

Binance will issue a number of tokens pegged to leading cryptocurrencies on Binance Chain to boost the number of trading options on its platform. The tokens are also likely to be extended to Binance DEX, the firm’s recently launched decentralized exchange, as they create the potential to in effect move cryptos from different blockchains onto its

Two of the world’s largest top-10 enterprise software companies by revenue have joined the Hyperledger blockchain consortium. Microsoft and Salesforce are among the eight new members announced by Hyperledger Tuesday. The recruits also include Norilsk Nickel (Nornickel), a Russian metal company; Gloscad, a Polish tech company developing solutions for the agriculture industry; and Milligan Partners,

With the long-awaited Libra white paper, Facebook is showing off its blockchain smarts, and making a bid for crypto credibility. Released Tuesday morning, the 29-page paper describes a protocol designed to evolve as it powers a new global currency. More than a year in the making, the document opens by trumpeting the new blockchain’s ambitious goal:

A historic change in strategy is taking place at R3 and Digital Asset (DA), who are now collaborating to maximize their respective blockchain ecosystems. Announced Tuesday, DA will be bringing its smart contract language DAML (Digital Asset Modelling Language) to R3’s Corda platform, as well as Hyperledger Fabric, following on from its Hyperledger Sawtooth tie-up

Grayscale Investments, the cryptocurrency asset manager backed by Digital Currency Group, which acquired CoinDesk in 2016 – has released a report showing what it argues is bitcoin’s potential as a hedge against global liquidity crises. Overall, the authors suggest bitcoin ought to be considered a strategic position within long-term investment portfolios considering its transparent, immutable

Four of Brazil’s major financial authorities have come together to regulate emerging technologies, including blockchain. The Ministry of Finance, the Central Bank of Brazil, the Securities Commission, and theSuperintendent of Private Insurance recently announced their intention to adapt new regulations to manage fintech and cryptocurrency advances. The regulations will affect Brazil’s securities, financial, and capital

Blockchain payments startup Ripple has struck a deal to buy a stake in money transfer giant MoneyGram, the companies announced Monday. Under the deal, according to the Wall Street Journal and Fortune, Ripple will spend $30 million to buy shares at a price of $4.10 apiece. And in the next two years, MoneyGram has the option

The developers behind the Cosmos network released today a full disclosure of last month’s “critical security vulnerability” which reportedly enabled hackers to bypass certain penalties for misbehavior on the network. Zaki Manian, director at Tendermint Inc – the for-profit entity behind the core technology of the Cosmos network – detailed to Coindesk in an interview:

Algorand, a permission-less, proof-of-stake blockchain and technology company, announced that their node repository is now open source. Part of Algorand’s ongoing mission to develop and promote a decentralized blockchain, the company has made several of its projects open source over the past year, including a Verifiable Random Function and their Developer SDKs. The blockchain’s nodes

Noted economist and cryptocurrency skeptic Nouriel Roubini has said Facebook’s soon-to-be unveiled cryptocurrency, reportedly called GlobalCoin, is not really crypto. In a conversation with CoinDesk, Roubini – also nicknamed “Dr. Doom” for his prediction of the financial crash in 2007–2008 – said: “It has nothing to do with blockchain. Fully private, controlled, centralized, verified and authorized by a

The head of Russia’s central bank has said the institution could one day launch its own digital currency. Chairwoman Elvira Nabiullina told a student conference that, while such a project “cannot be realized immediately,” various central banks, including Bank of Russia, are investigating the possibility, TASS reported Saturday. Key to the utility of a central

THE TAKEAWAY: FINRA has sat for months on roughly 40 broker-dealer applications from companies dealing in crypto assets, denying them a broker-dealer license that would let these firms offer securities in the U.S. Some think FINRA, a self-regulatory organization, is holding off on these approvals at the SEC’s request, as the agency has yet to offer clear

Breez, a non-custodial wallet and payment platform, is launching its services for the iPhone. This is the first payment project built on Neutrino, a bitcoin lightning network client, according to the company announcement. Additionally, Breez has resolved the issue of how to dispute purchases and receive refunds, “so it’s suitable for every kind of purchase

BitTorrent creator Bram Cohen has taken over as CEO of his current company, Chia Network, CoinDesk has learned. Co-founder Ryan Singer has stepped away from the company to focus on family priorities. Cohen is viewed as a pioneer of the decentralized internet for creating the BitTorrent filesharing protocol. In August 2017, he left BitTorrent to found Chia,

A number of South Korean cryptocurrency exchanges have been forced to update their terms and conditions to accept liability for potential hacks and service issues. According to a report by the Yonhap News Agency, South Korea’s antitrust watchdog, the Fair Trade Commission, said Monday that five exchanges in total had made the change after it

The Takeaway Bitmain is suing three former employees who started Poolin, a rival to the chip manufacturer’s BTC.com mining pool. The company is seeking $4 million in damages, alleging the Poolin co-founders violated their non-compete agreements; The former employees say Bitmain voided the non-compete by failing to pay them on time as agreed. The case offers

Noelle Acheson is a veteran of company analysis and a member of CoinDesk’s product team. The opinions expressed in this article are the author’s own. The following article originally appeared in Institutional Crypto by CoinDesk, a free newsletter for institutional investors interested in cryptoassets, with news and views on crypto infrastructure delivered every Tuesday. Sign up

The price of bitcoin (BTC) hit a 13-month high above $9,300 on Sunday. The leading cryptocurrency by market capitalization rose to $9,325 at  05:45 UTC – the highest price since May 10, 2018, according to CoinDesk’s Bitcoin Price Index. BTC was last seen trading at $9,295, representing 6 percent gains on the day. On a

Bitcoin just passed an interesting milestone today, one we haven’t seen since November 27, 2017. According to CoinMetrics.io, there are now over a million daily active addresses, a number that is defined as the number of unique “from” or “to” addresses used per day. Image via CoinMetrics Kevin Rooke noticed the move and Tweeted: When

By CCN Markets: When it comes to what’s gone wrong with Big Tech, the only surprise you would expect is if Facebook was missing from the list. From data privacy violations to aiding genocide to enhancing the spread of fake news, the social media giant has become a global ignominy. But for Facebook, those are

Serhii Mokhniev, CAMS, is a regulatory affairs counsel at CEX.IO, a London-based bitcoin exchange. In a few weeks, the Financial Action Task Force (FATF) is expected to adopt a proposal to impose the standards of wire transfers on blockchain transactions. Despite concerns raised at a private sector consultative forum in Vienna, Austria, last month, the

By CCN Markets: A former investment banker has been slapped with a fine and a suspension by self-regulatory body Financial Industry Regulatory Authority (FINRA) for mining Bitcoin. According to the regulator, Kyung Soo Kim pursued outside business activity in December 2017 without giving his former employer a written notice. Kim is an ex-employee of Bank

By CCN Markets: On May 21, a pseudonymous cryptocurrency technical analyst named “Rampage” posted on Twitter that ETH/BTC is about ready to catch up to ETH/USD. In a tweet, the attached an image in which the price action of two markets is overlaid in a single chart. The analyst predicts that Ethereum will move higher

Recent news broke about the publishing of ADN’s official press releases on cryptocurrency news outlets like CoinTelegraph, CCN, and BitcoinMagazine. This was soon followed by announcements revealing the successful listing of ADN Coin on premier cryptocurrency exchanges like BitForex and Coinbene. Final preparations are underway, and many in the ICO community are anticipating the launching

By CCN Markets: Elon Musk is bringing the FOMO, or Fear of Missing Out. The Tesla CEO tweeted out a reminder that federal tax credits for buying a Tesla will drop by half on July 1. He pointed out in another tweet that EV buyers in California will still have the Golden State’s $2,500 tax

By CCN Markets: In a somewhat bizarre video tweet around lunch on Friday, cryptocurrency aficionado and repetitive presidential candidate John McAfee said he’s launching a website dedicated to exposing corruption in the U.S. government. This will perhaps be McAfee’s second-most important launch of recent times, having recently unveiled a cryptocurrency exchange. Corruption within the American

By CCN Markets: Hollywood movie star Brad Pitt has reportedly invested in a “cold fusion” startup dubbed Industrial Heat, The Financial Times reports. Joining him for the capital venture into futuristic clean energy are Laurene Powell Jobs and English fund manager Neil Woodford. Incidentally, Pitt plays a Hollywood stunt double in Quentin Tarantino’s upcoming film,

JP Morgan might not believe Bitcoin is the future of finance, but the banking giant could be hedging its bets. The bank is quietly seeking to hire a Bitcoin scaling expert. JP Morgan denies it will engage with public cryptocurrencies in any manner. By CCN Markets: According to reporting by Frank Chaparro for The Block,

Crypterium – a financial technology startup based in Estonia — launched the Crypterium Card, the first crypto card available globally. Prior to this launch, crypto cards, such as the Coinbase Card, were only accessible in specific countries or by region, according to the company. Coinbase recently announced it would roll out services to six additional

By CCN Markets: The Indian government continues to project a deep level of hypocrisy as it turns its attention to sponsoring a blockchain and cryptocurrency course. As CCN recently reported, the government is simultaneously proposing an insane anti-crypto bill with hard jail-time for bitcoin users. The undergraduate course, which is entitled Blockchain Architecture Design and