Technology

An increasing amount of bitcoin is being held by active individual users, rather than companies and long-term investors, according to new data from Chainalysis. Announced Monday, the analytics firm found 4.8 million bitcoin, or roughly 32 percent of the protocol’s cryptocurrency supply (minus lost coins), was held in personal wallets with some level of transactional
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Michael J. Casey is the chairman of CoinDesk’s advisory board and a senior advisor for blockchain research at MIT’s Digital Currency Initiative. The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday exclusively to our subscribers. There are shifts at ShapeShift and not everyone’s happy with them. When the token exchange
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Things haven’t been easy of late for Bitmain. After CoinDesk revealed the China-based crypto mining giant was planning an initial public offering (IPO) for September, the company has faced a wave of perhaps unprecedented scrutiny. On social media, allegations emerged Bitmain was everything from insolvent to presenting a rosy outlook for its financials, all the while
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There are early adopters, then there are early early adopters. Revealed exclusively to CoinDesk, the first coder to work alongside bitcoin’s pseudonymous creator Satoshi Nakamoto, Martti ‘Sirius’ Malmi, is joining a team of developers launching a new cryptocurrency called AXE. The project, which is combining Malmi’s Identifi online reputation system with decentralized database system GUN, is
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Crypto security startup BitGo’s latest technology – “predictive UTXO management” – sounds technical, but it’s got an end goal that everyone will understand: cutting crypto fees. Revealed exclusively to CoinDesk, BitGo is the first mainstream crypto company adopting a spin on “coin selection,” a scaling technology that’s been one of many touted as a way to
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“From here on out, people can’t say bitcoin is not private anymore.” That’s how veteran developer Adam Ficsor, now CTO and co-founder of the privacy tech startup zkSNACKs, described the importance of the Wasabi Wallet, set to debut on August 1. This desktop-friendly bitcoin wallet, which can only be used with the anonymizing Tor browser,
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