Anonymous bitcoiners are taking the search for a coronavirus vaccine into their own hands, bypassing academia, pharmaceutical companies and the U.S. Food and Drug Administration (FDA). The “biohacking” effort by a group known as CoroHope is being funded with crowdsourced bitcoin (BTC) donations. The group claims it has a...
Cryptocurrency scams in 2019 were more risky for U.S. residents than fraud involving romance or payments.That's the conclusion of a report released last week by the Better Business Bureau (BBB), a nonprofit organization focused on marketplace trust. The report found an average dollar loss in crypto-focused fraud of...
The traditional markets' recent sell-off drove cryptocurrency prices down, but the way it did so was more complicated than even many of the most sophisticated players in crypto were able to grasp. That’s because crypto’s drop was staged in the derivatives markets.   Financial instruments like futures and options make up...
Trading volume records in bitcoin’s options market were smashed on Monday as investors scrambled to hedge their positions amid the sell-off.Major exchanges – Deribit, LedgerX, Bakkt, OKEx, CME – registered total trading volume of $198 million, surpassing the previous record high of $171.3 million reached on Feb. 11,...
Monday’s historic financial tumult reached beyond stocks, sinking commodities and even bitcoin markets.“I don’t think any asset is safe right now – except cash, U.S. dollars,” said Ali Khedery, formerly Exxon’s senior Middle East advisor and now CEO of U.S.-based strategy firm Dragoman Ventures.While bitcoin prices dropped nearly...
The price of bitcoin (BTC) dropped sharply over the past 24 hours, down 5 percent as of 16:00 UTC. Although the leading cryptocurrency crossed above a bullish $9,000 threshold as recently as last week, a confluence of events has led traders to hit the sell button. Coronavirus fears continue...
Bitcoin has plunged to two-month lows since Sunday, possibly due to an over-$100 million liquidation by PlusToken scammers, analysts say. The top cryptocurrency fell by nearly 10 percent from $8,900 to $8,000 on Sunday to register its single-biggest daily decline since September 2019, according to Bitstamp data. Then on Monday,...
Yorke Rhodes III, a CoinDesk columnist, co-founded Blockchain at Microsoft and is Principal Program Manager, Azure Blockchain Engineering and Board Member of Blockchain for Social Impact Coalition and Enterprise Ethereum Alliance, and founding team member of baseline protocol.Congratulations, we’ve arrived in 1984.Books, television, and movies have foreshadowed our...
Ajit Tripathi, a CoinDesk columnist, is an entrepreneur and crypto co-host at the Breaking Banks Europe Podcast. Previously, he served as a Fintech Partner at ConsenSys and a co-founder of PwC’s UK Blockchain Practice. On Wednesday, the Supreme Court of India overturned the Central Bank’s ban on trading in...
UPDATE (27th March 22:40 GMT): More information, and coins. This year has seen a new, if predictable, trend in altcoin development: nation-based digital currencies. There are at least eight coins currently circulating or in development, with more surely to follow. Here is the CoinDesk guide to the main players...