Yeah, but again it comes back to whether it has some kind of legitimate use. The point is if you’re making it easy to do bad things with this technology. There is no privacy on the blockchain, right? Everything is totally transparent. You have Chainalysis monitoring everything. Mixers thwart that. The best example of all
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Solana-based meme token GME, which was inspired by the company but has no affiliation with it, almost doubled in price in less than a day before sharply paring gains on Friday. At press time it was down 50% over the preceding few hours, though still higher by more than three-fold this week.
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a
Those eye-watering totals vaulted MOTHER into the upper echelons of Solana’s fast-growing meme coin sector. These days anyone can, in minutes, create a token lampooning anything. Here, the someone is Australian rapper Iggy Azalea, and the something is, well, a photo of her backside.
Ethereum is disrupting the finance, banking, payments, marketing, advertising, social, gaming, infrastructure and artificial intelligence sectors, VanEck wrote. The prediction is also based on the expectation ether ETFs will get approved and the company’s ”read of on-chain data.”
Other things being equal, tighter monetary policy is often a headwind for risk assets – bitcoin among them – as higher rates boost competition for investor capital. With a cycle of lower interest rates across Western economies seemingly at hand, bitcoin bulls might soon have their sights set on the crypto’s all-time high from March
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a
ASIC subsequently published a press release entitled “Court finds Block Earner crypto product needs financial services licence.” While the release acknowledged that ASIC had been unsuccessful in arguing that Access needed a license, Jackman upheld Block Earner’s allegation that it was “unfair and misleading.”
“Wisconsin’s investment board has always been innovative,” he said. “This is a fully funded pension fund so in a way, they have the luxury of being able to invest for the long term. They don’t need to worry as much about liquidity as, say, the pension fund for the state of Illinois, which is only
Earlier Friday, Sen. Ron Wyden (D-Ore.), a member of Biden’s party who voted for the resolution, said the guidance creates a different standard for crypto than other assets in the financial sector while at CoinDesk’s Consensus 2024 conference in Austin, Texas.
Last year, the Association for Women in Crypto ran an inclusion survey of 500 people across 200 crypto firms that found around 80% of women in the industry felt either sexually, mentally or physically unsafe at work. Nearly 50% of men responded the same way. “Crypto scored lower than tech, generally,” AWC founder and CEO
“SAB 121 effectively precludes regulated banking organizations from offering digital asset custody at scale since it treats the assets as if they are owned rather than simply custodied by a banking organization,” according to a letter to Biden on Friday, signed by several groups including the American Bankers Association and Financial Services Forum. “Institutions that
“Over the last week, a stakeholder raised a new issue relating to this work that requires additional diligence on our end to fully vet,” said the Foundation. “Due to the immutable nature and sensitivity of our proposed upgrade, we have made the difficult decision to postpone posting this vote.”
AUSTIN, Texas – Sen. Ron Wyden (D-Ore.), one of the U.S. Senate Democrats who’ve shown some support for crypto issues, cast doubt Friday that a legislative solution for the industry would move quickly, but he suggested to an audience at CoinDesk’s Consensus 2024 that the momentum will continue next year in Washington.
Nigerian record producer Davido’s DAVIDO token netted early buyers a profit of nearly $470,000 worth of Solana’s SOl tokens in just 11 hours, on-chain firm Lookonchain flagged, from just over $1,000 in initial capital. This analysis was done by tracking the deployer of the original token, counting how many tokens they acquired after issuance and
A listing for the District Court for the Southern District of New York refers to a May 29 telephone conference, “without transcription or recording.” Counsels for all the parties were present. The scheduled oral arguments were “cancelled because the parties have informed the Court that they reached a settlement in principle.” The parties must file
McHenry, who has been wrangling the crypto legislation in the House, argued that the outcome is assured by the massive level of bipartisan backing last week for his Financial Innovation and Technology for the 21st Century Act (FIT21) – with more than a third of House Democrats showing up to vote yes, despite pushback from
“The lack of security and guardrails in place for retail investors has stifled Web3 adoption,” Josh Schwartz, CEO of Fordefi, said in a statement. “With Fordefi, retailers can leverage the same security infrastructure used by the most sophisticated institutions in the market.”
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a
Almost everybody – all but 2% – had at least heard of bitcoin (BTC). A wide segment of voters claimed they’re also familiar with Ethereum’s ether (ETH), with less than half (46%) saying they’d never heard of it. About 17% of voters say they’ve invested in bitcoin, putting that asset nearly as high as those
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