Maybe it’s just that winter is dragging on, but I find myself getting increasingly irritated with mainstream reports about Bitcoin that say it was a result of the financial crisis. It wasn’t, and that matters.First, let’s look at why it wasn’t, and then I’ll explain why this misunderstanding bothers...
Welcome to this week’s Money Reimagined, coming to you two days into a new U.S. presidency. Already, with various executive orders and a host of cabinet and agency nominee names emerging, President Joe Biden has fostered the palpable sense of a slate being cleaned. As for what it means for...
Sber, Russia’s largest retail bank, has applied for a license with the country’s central bank to issue its own digital token for corporate clients. The digital asset will be available for the companies banking with Sber, which have been expressing interest for blockchain-based deals for some time, a...
“I’m not selling,” Makoto, a Japanese entrepreneur and XRP investor, told CoinDesk.Makoto first bought the digital token XRP in 2017, a year after its issuer, San Francisco-based Ripple Labs, launched a joint venture with one of Japan’s most respected financial services institutions, SBI Holdings Inc. Soon after, the popularity...
Bitcoin shed a couple thousand dollars in overnight trading, while larger wallet addresses appear to be consolidating their holdings. Meanwhile, Treasury Secretary nominee Janet Yellen said crypto is a “particular concern” and Web 3.0 advanced with Brave’s IPFS integration.At around Bitcoin block height 666920, President-elect Joe Biden will...
The European Commission and the European Central Bank (ECB) are teaming up to consider potential issues that could arise from the digital euro before a decision is made to kick off the digital currency’s development this summer.The two EU institutions now plan to cooperate on “exploring the possibility...
In this episode, Anna Baydakova, Danny Nelson and Tanzeel Akhtar discuss why one of Justin Sun’s companies is linked to extremism, the insurrection of the Capitol on a blockchain, Iran taking the mining industry under control and also if Europe can regulate bitcoin.Rioters storming the U.S. Capitol on...
Hello and welcome to State of Crypto, a CoinDesk newsletter examining the intersection of cryptocurrency and government. I’m your host, Nikhilesh De. You’re receiving this newsletter because you either signed up for it, or were previously a recipient of one of CoinDesk’s pop-up newsletters. Don’t want to see...
Another week, another lifetime lived:  The U.S. President impeached, again. Worldwide COVID-19 deaths close in on 2 million. Bitcoin surges to a record high above $42,000, promptly plunges to almost below $30,000 and then begins a late-week rally above $36,000.Meanwhile, the crypto community has been grappling with some contentious...
Numerous exchanges, like Bittrex, have delisted coins that have features to protect user privacy.Explanations of why they’ve done so have been vague or non-existent.It has set up clashes between the exchanges and Zcash, Monero and Dash over whether there is actually regulatory pressure to do so. There is a...