Bitcoin Hits 15-Month High Despite Sell-Off in Global Stocks
The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial […]
Kraken CEO Jesse Powell Issues Tough Critique of ‘Reckless’ DeFi Launches
Jesse Powell, chief executive of the U.S.-based cryptocurrency exchange Kraken, has lashed out at the decentralized finance (DeFi) sector in the aftermath of Monday’s $24 […]
Ocean V3 Brings Wave of Data Monetization Tools to Ethereum
A third and all-encompassing version of Ocean Protocol has been released, fleshing out its vision for “datatokens” and decentralized data marketplaces. Announced Tuesday, Ocean v3 […]
Why Wyoming’s Governor Supports the State’s Crypto Banking Law
It took two years of infrastructure building but on Sept. 16 the Wyoming Division of Banking finally landed a prominent pioneer. That’s when Kraken Financial […]
Market Wrap: Bitcoin Falls to $12.7K as Global Equities Falter; Ethereum Fees Continue to Drop
Bitcoin’s price fell Monday on larger macroeconomic concerns while lower Ethereum fees benefit hardcore DeFi users. Bitcoin (BTC) trading around $13,011 as of 20:00 UTC […]
Hedge Funds Failures, Bankruptcies and Pandemic Fatigue
As cases rise and the U.S. settles in for a fresh wave of COVID-19, the economic fallout from round one is still being felt, from […]
From DeFi to DeOps: How Public Blockchains Could Replace ERP Systems
Enterprise Resource Planning (ERP) is simultaneously one of the most transformational technologies for modern business and also one of the most boring. Quite simply, ERP […]
PayPal’s Crypto Offering May Be ‘a Huge Headache’ for Taxpayers
PayPal’s decision last week to embrace crypto may help with mainstream adoption, but it could also mean additional tax work for users unfamiliar with the […]
US Bail Funds Are Seeing an Uptick in Cryptocurrency Donations
For many people arrested, especially low-income citizens, bail funds are their best hope for freedom while they await trial. Now, some of those funds are […]
Harvest Finance: $24M Attack Triggers $570M ‘Bank Run’ in Latest DeFi Exploit
An arbitrage trade exploiting weak points in decentralized finance (DeFi) protocol Harvest Finance led to some $24 million in stablecoins being siphoned away from the […]