Crypto sleuthing firm Elliptic has expanded its scope to cover some 97% of digital assets by trading volume – the broadest range of any crime-fighting blockchain analytics service, the company said.Announced Wednesday, Elliptic Navigator adds 87 new crypto assets to the firm’s existing purview.That said, touting just the...
Today, BlockFi disclosed a SIM-swapping attack that revealed personal information related to a large swath of the firm's clients. While customer funds are secure, BlockFi said, their names and addresses were compromised along with their activity histories. This security breach comes on the heels of a cryptojacking exploit...
A cryptocurrency investment fund has launched a class-action lawsuit against Block.one and EOS' high command, arguing the "fraudulent scheme" failed to deliver on its primary promise of decentralization. The Crypto Assets Opportunity Fund (CAOF), along with individual investor Johnny Hong, has accused Block.one, its CEO Brendan Blumer, CTO...
"Amulets" might be a better word than "tokens" for some of the crypto assets emerging on blockchains today.Version 2.0 of Uniswap is now live and it is, among other things, an amulet-minting machine, though probably everyone's still going to call them "tokens." Tokens are little more than keys...
Less than a month after launching a new $515 million crypto fund, Andreessen Horowitz (a16z) is predicting that "high-quality projects" may drive a new growth cycle in the industry.The famous venture capital fund, which has a substantial crypto portfolio, said in a post Friday it anticipated some of...
Top ShelfThe sun rises on the last day of Consensus: Distributed, our first foray into the world of virtual events. We've heard from former Treasury Secretary Lawrence Summers describe the current monetary system as too private, Governor Harvesh Seegolam of the Bank of Mauritius inch closer to a central bank digital currency...
Heavy losses are rocking alternative crypto-asset funds at Pantera Capital, one of the oldest cryptocurrency investment managers, and providing stark contrast to its bitcoin fund’s gains.Pantera Capital’s flagship bitcoin fund – a fund holding bitcoin (BTC) since 2013 and bitcoin cash (BCH) since 2017 – lost 75.6% in...
Two weeks ago, this column focused on Telegram’s litigation with the Securities and Exchange Commission (SEC). In that column, I argued Telegram’s TON and Kik’s kin strike me as not serving any functionality other than being a money substitute and an investment vehicle. Whether this is legally the...
CoinDesk Confessionals is a new series exploring the innermost workings of crypto’s leading figures. Loosely based on the “Proust Questionnaire” – which the French author answered, but did not devise – we sent out a survey asking questions about life, money and death. Once a popular parlor game in the...
For nearly two years I traveled around the world and wrote about the subcultures of blockchain – from Bali to Budapest, from Serbia to Switzerland. I planned to continue the journey. I imagined I’d be traveling to far-flung places this summer, reporting on global blockchain projects for CoinDesk.Then...