Lightning developer and Zap, Inc. founder Jack Mallers announced Thursday his startup’s Strike product, which allows people to receive bitcoin as dollars via direct bank deposits, is finally entering public beta. A Visa card is also in the works. “Zap, Inc. has joined Visa’s Fast Track program,” Mallers said in...
As Chinese police step up efforts to crack down on illegal economic activities, crypto over-the-counter (OTC) traders are being detained to assist investigations.  In another sign Chinese law enforcement are targeting cryptocurrency trading, Zhao Dong – a prominent Chinese crypto OTC trader and the co-founder of crypto lending platform...
A vulnerability in a blockchain-based system used in Russia’s recent poll meant users votes could be decrypted, journalists found. On Wednesday, the final day of a vote on constitutional amendments, Russian media outlet Meduza published research showing that the keys for decrypting votes could be retrieved using the HTML...
J.P. Koning, a CoinDesk columnist, worked as an equity researcher at a Canadian brokerage firm and is a financial writer at a large Canadian bank. He runs the popular Moneyness blog. Understanding bitcoin is difficult. And so we cast around for the perfect metaphor. Bitcoin is email. Digital gold....
Crypto payments processor BitPay now supports segregated witness (SegWit), according to a company blog post shared in advance with CoinDesk. “Support for SegWit is currently an optional feature for Bitcoin wallets in the BitPay App. Later this year, as part of a phased rollout plan, support for SegWit will...
Credit-card lender Crypto.com has boosted its total users by at least 50% in the past two months to 3 million, according to CEO Kris Marszalek. The company’s chief disclosed the increase in response to questions from First Mover about this year’s market-dominating gains in Crypto.com’s CRO tokens. According to the company’s website, the...
The latest venture from CNET founder Halsey Minor looks a lot like an attempt to recreate the legacy monetary system on a blockchain. 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...
The Monetary Board of the Central Bank of Sri Lanka is close to starting development of a blockchain platform expected to speed up the processing of bank users’ ID information. DisclosureThe leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides...
BlockFi says its monthly revenue has doubled as it sees a surge in new users for its crypto lending service and interest accounts. 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....
When India’s Supreme Court overturned the banking restrictions for crypto exchanges back in March, everything changed.  Since then, Binance joined the Internet and Mobile Association of India (IAMAI), which played a key role in overturning the ban, and noted explosive growth via WazirX, the Indian exchange Binance acquired in...