CoinDesk News


Tetras Capital Shuts Down Crypto Hedge Fund After 75% Loss

Tetras Capital, once a $33 million crypto hedge fund, is shutting down due to negative returns....

CoinDesk

07/27/2020

Digital Bank Revolut Adds Stellar to List of Supported Cryptocurrencies

Users will now be able to buy and sell XLM on Revoluts platform, the fintech firm announced Tuesday....

CoinDesk

07/27/2020

Gold Reaches All-Time High as Bitcoin Breaks Above $11k

The precious metal has gained roughly 28% this year. Bitcoin is up 13% in 24 hours....

CoinDesk

07/27/2020

Polkadot Raises $43M in 72-Hour Private Sale: Source

A second private sale of the Polkadot token (DOT) has netted some 3,982.07 BTC worth an estimated $43.3 million as of press time, according to sources....

CoinDesk

07/27/2020

Whale Alert: $27M From 2016 Bitfinex Hack Is on the Move

The monumental 2016 hack resulted in one of the single-largest losses in bitcoin of all time....

CoinDesk

07/27/2020

Market Wrap: Bitcoin Blasts Past $10,000; Ethereum Fees Up 550% in 2020

Bitcoin is experiencing high volumes, pushing the price close to $11,000. Meanwhile, Ethereum fees are up 550% this year....

CoinDesk

07/27/2020

SPACs 101: A Bubble, the Future or Both?

A primer on, and critical look at, one of Wall Streets hottest trends: special purpose acquisition companies....

CoinDesk

07/27/2020

How Millennials Are Shaping the Future of Money

The desire for autonomy, self-sufficiency and personalization is driving innovation in personal finance, including the shift to crypto....

CoinDesk

07/27/2020

Bitmain Spin-Off Launches Crypto Exchange to Go After Booming Options Market

Matrixport has set up its own derivatives exchange and now wants to take on Deribit, the market leader for crypto options....

CoinDesk

07/27/2020

Blockchain Bites: Ethereums Lifestyle Brand, Twitchs Crypto Discounts and MakerDAOs $1B Milestone

A Ripple executive built an XRP payments platform, a Washington. D.C.. court ruled bitcoin is money and Ethereum miners' profits are soaring....

CoinDesk

07/27/2020

Why Debt Financing May Be a Double-Edged Sword for Bitcoin Miner Bitfarms

BitFarms used high-interest-rate debt with large balloon payments to expand operations. Now it may struggle to pay off its debt, according to CoinDesk Research....

CoinDesk

07/27/2020

Crypto News Roundup for July 27, 2020

With BTC breaking out, ETH exploding and gold at all-time highs, CoinDesk's Markets Daily is back with another crypto news roundup....

CoinDesk

07/27/2020

Private Sector Could Bring Value to Future CBDC Launches, Says IMF Official

A director at the IMF has spoken of the value the private sector could bring to central bank digital currencies, should they be adopted by nations....

CoinDesk

07/27/2020

Leading Austrian Telecom Provider Adds Cryptocurrencies to Its Cashless Payment Network

A1 Telekom Austria said cryptocurrencies will now be available to use in its cashless payment app, allowing over 2,500 merchants to accept bitcoin, ether and dash....

CoinDesk

07/27/2020

Silvergates Bitcoin-Backed Lending Product Grew 80% in the Last Quarter

Silvergate Bank continued to add a steady drip of crypto customers in Q2 2020 but its issuance of bitcoin-collateralized loans is what stood out....

CoinDesk

07/27/2020

US Government Files Fresh Charges Against PlexCoin ICO Organizers

Having only settled with the SEC last year, the PlexCoin founders now face a fresh round of charges from the U.S. Department of Justice....

CoinDesk

07/27/2020

Odds of Bitcoin Hitting Record High in 2020 Are (Slightly) Up, Options Data Suggests

The likelihood of bitcoin challenging 2017's record high by the end of this year may have just nudged up but don't raise your hopes too high just yet....

CoinDesk

07/27/2020

You Can Now Buy Hedera Hashgraphs HBAR Token via Simplex

Users can buy and sell cryptocurrency with a debit or credit card through global payment processor Simplexs fiat gateway solution....

CoinDesk

07/27/2020

Bitstamp Backs BCBs SWIFT Alternative for Instant Cash-Crypto Settlements

BCB Group is launching an instant settlement network for cash and crypto....

CoinDesk

07/27/2020

First Mover: Bitcoin at Last Passes $10K, but Why Has It Struggled While Gold Shone?

It's a tricky thing to explain why bitcoin has been underperforming as central bank money printing helps drive gold to a new record....

CoinDesk

07/27/2020

FTX to Launch Scalable Decentralized Exchange in Weeks

Building on the Solana blockchain means the new platform's operations are less restricted than those on Ethereum, the firm says....

CoinDesk

07/27/2020

MakerDAO Passes $1B Milestone in DeFi First

The total value of ether locked in DeFi's oldest project has surpassed $1 billion for the first time....

CoinDesk

07/27/2020

Ripple Exec Unveils P2P Payments Platform Using XRP

Craig DeWitt has unveiled the beta release of a personal peer-to-peer payments project that will work in popular web browsers....

CoinDesk

07/27/2020

What Sex Workers Want to Do With Bitcoin

Sex workers are starting their own businesses and working online, thanks to social media, according to this adult content creator....

CoinDesk

07/25/2020

As Economic Indicators Get Worse, the US Revs Up the Next Multi-Trillion Stimulus

The Breakdown Weekly Recap covers growing U.S.-China tensions, worsening job numbers and the next casual $1-$3 trillion in stimulus....

CoinDesk

07/25/2020

From Enron to Wirecard: How Blockchain Tech Could Have Helped

If blockchain technology is used within a regulated financial system, Wirecard-esque scandals can be a thing of the past, writes BRD CEO Adam Traidman....

CoinDesk

07/25/2020

CoinDesks Twitter Hack Proved the Media Cant Rely on Web 2.0

Last week's Twitter hack, which downed a key CoinDesk channel for seven days, showed how news groups are overly dependent on social media....

CoinDesk

07/24/2020

Market Wrap: Bitcoin Near $9,600 as Gold Hits High, Uniswap Liquidity Over $100m

Bitcoin is up for the week, gold gets a new high and DeFi keeps growing....

CoinDesk

07/24/2020

Could the European Recovery Plan Actually Break Europe Apart?

The EUs Recovery Plan agreement has been widely hailed, but some argue that it is taking Europe down a dangerous path....

CoinDesk

07/24/2020

Bitcoin Is a Form of Money, D.C. Federal Court Rules: Bloomberg

Bitcoin is a form of "money", a Washington, D.C. federal court said on Friday....

CoinDesk

07/24/2020

Bitcoin Is a Form of Money, DC Federal Court Rules

Bitcoin is a form of "money", a Washington, D.C. federal court said on Friday....

CoinDesk

07/24/2020

Bitcoin Is a Form of Money in DC, Federal Court Rules

Bitcoin is a form of "money" covered under the Washington, D.C., Money Transmitters Act, a federal court said Friday....

CoinDesk

07/24/2020