Blockchain startup Marlin has released its relay network framework OpenWeaver in an effort to speed up block propagation on the Ethereum network. Based in San Francisco, U.S. and Bangalore, India, Marlin’s open-source “Layer 0” OpenWeaver enables users to find and build blocks quicker on Ethereum than those only leaning...
Brazil may be getting its first token boom in 2020, three years after the trend swept Silicon Valley, powered by a growing interest in stablecoins.  According to Binance’s representative in Brazil, Mayra Siqueira, the number of “Brazilian stablecoins traders” quadrupled since January 2020. The exchange’s two most popular stablecoins...
Randall Joseph Smail faces up to 30 years in prison for lying to a bank about having $640,000 in bitcoin to get a loan.
When Gyam Queen heard Nigeria would enter a 14-day lockdown, her first thought was about her studies. Queen, who is 26, is pursuing a Hospitality Management course at Wavecrest College in Lagos and aspires to open a restaurant offering Nigerian cuisine. Thanks to a donation from the WONDER...
The Chinese equivalent of Uber will pilot the nation’s digital yuan, a major Ethereum alliance is moving to support DeFi as Nexo gets ready to enter the prime brokerage space with help from Chainlink. Here’s the story: FOMOTikTok videos and a fomenting sense of FOMO have driven trading volumes...
A Colorado company is betting it can make the decentralized web more accessible with a no-frills server you can install in your own home. Start9 Labs’ Embassy server, housed in a Raspberry Pi, sets up its own private internet network and comes with its own operating system as well...
Leah Callon-Butler, a CoinDesk columnist, is the director of Emfarsis, a consulting firm focused on the role of technology in advancing economic development in Asia. There are 1.7 billion unbanked people around the world, and if you had the chance to ask each and every one of them what...
U.S. sanctions in response to Hong Kong’s national security law – and Beijing’s tighter grip over the city’s financial system – could pose challenges for local crypto brokerage firms.  The U.S. Senate passed the Hong Kong Autonomy Act on Thursday to penalize China for eroding Hong Kong’s autonomy. The...
Bitcoin is looking to leap key resistance alongside a strong rally in gold.  The top cryptocurrency by market value is trading around $9,300 at press time, according to CoinDesk’s Bitcoin Price Index. That’s close to the resistance of a trendline connecting June 1 and 22 highs. A sustained move past...
Crypto lender Nexo is preparing to enter the prime brokerage space with Chainlink-powered audits that bring more transparency to its operations. The Swiss lender announced an integration with the oracle provider on Wednesday. Chainlink will provide audit trails for Nexo’s lending and borrowing operations, revealing how the firm handles...