Russian courts are making conflicting rulings on whether bitcoin and other cryptocurrencies count as property. In one new case, Saint Petersburg’s district court has refused to force bogus law enforcement officers to return cryptocurrencies extorted from a victim on the basis that digital assets are not legitimate assets. According to...
Tensions between the Bitcoin and Ethereum tribes have been stirred by a trend that outsiders might see as a sign of harmony.  Throughout June, the amount of tokenized bitcoin on Ethereum, the bulk of it in WBTC, a special ERC2 token known as “wrapped bitcoin,” soared from 5,200 BTC...
Germany’s accounting watchdog reportedly had only one person checking Wirecard’s books in the months before the company admitted to the massive accounting irregularities that led to its insolvency. DisclosureThe leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by...
Ever since its inception, bitcoin has been dubbed “digital gold,” given it is durable, fungible, divisible and scarce like the precious metal.  However, while gold has a strong track record of rallying in times of stress in the global equity markets, bitcoin is yet to build a similar reputation...
B21, a recently launched mobile app aimed at first-time cryptocurrency investors, has expanded its service to the India market. DisclosureThe leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent...
Cardano developer house IOHK has set up a $20 million “cFund” alongside Canada-based Wave Financial. DisclosureThe leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital...
A 52-year-old Singapore man has been found guilty of promoting OneCoin, the multi-level marketing, or Ponzi, scheme based around its own cryptocurrency. DisclosureThe leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk...
Switzerland’s InCore Bank AG has become the first financial institution in the country to offer banking services to Kraken clients. DisclosureThe leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an...
We might be entering into the era of genetically modified yield farming. Or maybe decentralized finance (DeFi) just doesn’t make sense anymore. There are currently far more DAI in supply on Compound than there are DAI in the world, at least according to the numbers reported by Compound’s website....
Bitcoin broke below $9,000 Thursday afternoon as the leading cryptocurrency has continued to trade in a tight range just above $9,000 for several weeks. Despite the brief 3% afternoon drop, however, the cryptocurrency markets continue to stay eerily calm as volatility drops and traders continue to expect a...