With bitcoin and many traditional markets down on the day, CoinDesk’s Markets Daily is back! Bitcoin’s bulls are taking a breather as the traditional markets get the jitters over rising tensions between the U.S. and China. The Twitter account of BSV-based social media platform Twetch was suspended Thursday without warning,...
To “B” or not to “B”?  CoinDesk editors are currently reviewing our style guide’s capitalization policy.  Should every blockchain project be written in lowercase, uppercase or a mix? Should we differentiate between “bitcoin” the currency and “Bitcoin” the protocol? Should the standard differ by project, depending on how decentralized, permissionless...
The case for decentralized platforms has never been clearer, as President Donald Trump goes on the offensive against big tech platforms like Twitter and Facebook, said lawyers and technologists surveyed by CoinDesk. Meanwhile, decentralized identity service Magic has raised $4 million from heavy-weight investors including Naval Ravikant, SV...
The COVID-19 pandemic has ravaged the economies of countries all around the world and is showing no signs of stopping. The overwhelming response from global governments has been to place their countries under full or partial lockdowns. This has arguably saved many lives, but the economic fallout has...
On May 28, the Digital Dollar Project released its white paper, a 30-page document detailing the potential applications of a CBDC. The white paper continues the nascent think tank’s work to push forward development of a digital dollar.The project and the tenets of the new white paperThe paper...
The blockchain industry desperately needs password solutions that aren’t such a royal pain in the neck. That’s why the San Francisco-based startup Magic just raised a $4 million seed round from investors like Naval Ravikant, SV Angel, Placeholder, Lightspeed Venture Partners and Volt Capital, just to name a few....
Leading crypto data aggregator CoinMarketCap (CMC) has introduced new metrics ranking exchanges and market pairings based on a number of factors that are intended to reduce the impact of fake volume on the platform’s data.The changes build on others that were introduced recently that have proven controversial for...
Bitcoin broke through $9,500 Thursday and those short sellers betting on lower prices got liquidated by some crypto derivatives exchanges. That also helped push the world’s oldest cryptocurrency higher.     As of 20:50 UTC (4:50 p.m. ET), bitcoin (BTC) was trading at $9,447, up 2.9% over the previous 24 hours....
The Thirteenth National People’s Congress and Chinese People’s Political Consultative Conference has come to an end on May 28. According to Xinhua news, the same day the parliament passed a new civil code; a legislation package that includes protecting the civil rights of inheritance, marriage, property, personality, contract...
BitClave, a California startup whose Ethereum-based search engine raised $25.5 million in a 2017 token sale, will pay back its 9,500 investors in a settlement with the U.S. Securities and Exchange Commission (SEC). The settlement ended BitClave’s court saga almost as soon as it began. Prosecutors with the SEC...