The head of the Bank of International Settlements has predicted a bad ending for cryptocurrencies, calling for an end to their production in a recent interview. In an interview with a Basel-based media outlet on June 30, Agustín Carstens took…
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EU Regulator: DLT In Trade Finance Still Faces Legal Uncertainty
An European Union financial regulator has published a report to raise public awareness of the benefits and risks associated with the use of distributed ledger technology (DLT) in finance. In a report published on Tuesday that discusses the rising trend of…
Why Companies Need to Get on the Tokenization Train
Paul Brody is a principal and the global blockchain leader at EY. The following article is the second in a series. Read part one here. One of the most compelling uses of blockchain technology is the ability to reliably record…
It’s Too Soon for On-Chain Governance
Michael J. Casey is the chairman of CoinDesk’s advisory board and a senior advisor for blockchain research at MIT’s Digital Currency Initiative. The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday exclusively to our subscribers. Blockchain…
Bitcoin’s Unknown ‘Kings’: The Magazine Mystery That’s Got Crypto Guessing
Bitcoin may be global, but it’s still a small community This is why a recent Fast Company South Africa story attracted international commentary – and not in a good way. After all, it isn’t every day that relative unknowns get…
Payments Giant Qiwi Unveils Crypto Investment Bank
Qiwi, one of the largest e-payment providers in Russia, is launching a crypto investment bank, called HASH, to advise investors and help Russian companies tokenize their assets once the appropriate regulation in Russia is in place. The company announced it…
How I Made $10,000 In A Day Trying My Luck Playing The Top Bitcoin Casino Games
The crypto market is in the shitter, there’s no two ways about it. Until there is additional regulatory clarity and as investors await official guidance and direction from regulators and while ICO’s continue to be in the SEC’s crosshairs, short…
Keeping Crypto’s Promise: CryptoKitties Is Smartly Embracing Open Source
Call it an explosion of cute names for a cause. Announced this week, CryptoKitties debuted a number of new initiatives that will further decentralize its popular ethereum app, which while largely passing under the radar, show the startup is making…
Bithumb Claims to Have Retrieved $14 Million in Hacked Cryptos
South Korean cryptocurrency exchange Bithumb says it has almost halved the losses arising from a recent hack. As previously reported by CoinDesk, Bithumb, one of the largest crypto exchanges in South Korea and the world by trading volume, was hacked…
Bitcoin Price Risks Another Fall Below $6K, Charts Say
After a drop yesterday, bitcoin (BTC) risks another move below $6,000 in the next 24 hours, but it will still likely fare better than other cryptocurrencies. On Tuesday, bitcoin closed (as per UTC) below the immediate support of $6,108 (June…