Two committees of the U.S. Commodity Futures Trading Commission will hold meetings this month on digital currency matters, including the self-certification process used to approve new cryptocurrency derivatives products. In a statement issued Thursday, CFTC chairman J. Christopher Giancarlo said the commission's technology advisory committee would discuss how virtual...
Coinbase announced Thursday afternoon that it would not be adding any new cryptocurrencies to either its flagship platform or its other digital asset exchange, GDAX. In a blog post, the company, which currently allows customers to buy, sell, deposit or withdraw bitcoin, litecoin, ethereum, and most recently, bitcoin cash,...
Ripple's native cryptocurrency, XRP, is on a bull run. According to CoinDesk data, the price of XRP is up over 1,000 percent in just the last month alone, eclipsing $3.50 per coin Thursday after spending much of 2017 under $0.30. With a market capitalization above $120 billion, the token...
So-called alternative cryptocurrencies are making their presence felt in the first week of 2018, recording impressive gains that are drawing investors to options once considered risky. Bitcoin, the world's largest cryptocurrency by market capitalization, rallied 1,900 percent last year. But, as prices neared the $20,000 mark in December, the...
Another penny stock just joined the crowd of public market options that has seen a significant price surge after announcing it would shift its corporate focus to cryptocurrency related business. TimefireVR Inc, an Arizona-based company that was founded in 2014 to develop a virtual reality application platform, announced Thursday in...
The People's Bank of China has put to rest a rumor that it would order a domestic shutdown of bitcoin mining activities, according to a local media outlet. The report, published on Jan. 4 by the Chinese business publication Caixin, said that China's central bank did not host...
John Whelan is blockchain lab director at Banco Santander, where he specializes in the application of blockchains, distributed ledgers and smart contracts within the financial industry. The following article is an exclusive contribution to CoinDesk's 2017 in Review. For the past couple of years, there has been an extraordinary amount of hype...
Exchange and wallet service provider Coinbase appears to be taking early steps to remind customers about their upcoming tax obligations. With the U.S. tax year having ended on Dec. 31, the company's users are now faced with a banner placed at the top of their dashboard, stating "Please remember...
Days after hitting $900, ethereum's native ether token, ether, has topped $1,000 for the first time in its history. After spending two days mostly below its previous high of $900, ether went on a rally Wednesday, and hit its latest milestone of $1,000 early Thursday morning, according to data...
Websites and publishers need to be prepared for cryptocurrency miners slipping into ads on their sites, according to Israeli adtech firm Spotad. The company, which operates an AI-powered advertising platform for purchasing media space, recently discovered cryptocurrency mining activity on its network, a development the company claims is becoming...