Top crypto exchanges, token issuers named in Friday barrage of U.S. class-action lawsuits

Top crypto exchanges, token issuers named in Friday barrage of U.S. class-action lawsuits

Well-known crypto market players and companies were hit by a barrage of new lawsuits filed Friday in New York federal court.  Eleven new putative class actions were filed on April 3 by the Roche Freedman law firm in the Southern District of New York. They separately name Binance, Civic, BProtocol, Status, Block.one, KayDex, Quantstamp, BiBox, …

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Bitcoin Halving 2020: Miners in China Brace For Impact

Bitcoin Halving 2020: Miners in China Brace For Impact

Hosted by CoinDesk Research Analyst Christine Kim, the first episode of the Bitcoin Halving 2020 podcast series is about the impact of bitcoin’s third halving on the concentration of miners in China. In about 40 days, the world’s first and largest cryptocurrency by market capitalization, bitcoin (BTC), will undergo a pre-programmed block reward reduction known …

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Blockchain Experts Weigh in on Russia’s Controversial Coronavirus Tracking App

Blockchain Experts Weigh in on Russia’s Controversial Coronavirus Tracking App

Experts suggest that blockchain technology could have been a better solution for handling coronavirus-related data in Russia. Moscow’s COVID-19 App is pulled from Google Play On March 25, an app called “Social monitoring” appeared in Google Play store. According to the app’s description, it was designed for social monitoring as well as for providing access …

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Coinbase Custody is the biggest Tezos staking service, despite charging higher fees

Coinbase Custody is the biggest Tezos staking service, despite charging higher fees

Coinbase Custody is the largest operator of a Tezos staking validator, despite charging higher fees. The firm is staking over 65 million XTZ as of March 30, according to research conducted by The Block’s John Dantoni. Coinbase Custody launched its staking service in April 2019. That equates to more than $110 million at today’s XTZ …

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Corporate America Knows the Bailout Is Baked In

Corporate America Knows the Bailout Is Baked In

CoinDesk columnist Nic Carter is partner at Castle Island Ventures, a public blockchain-focused venture fund based in Cambridge, Mass. He is also the cofounder of Coin Metrics, a blockchain analytics startup. In the year 1730, the Irish-French economist Richard Cantillon described the uneven effect of newly issued money as it enters society. He made two common-sense observations: that …

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Bitcoin in the Aftermath of COVID-19: Two Possible Scenarios

Bitcoin in the Aftermath of COVID-19: Two Possible Scenarios

Futurist and author, Daniel Jeffries, shared with Cointelegraph his view on the future scenarios awaiting Bitcoin in the aftermath of COVID-19.  Two possible outcomes  In one particularly dark scenario,  the global economy will plunge into a severe recession and countries will turn to authoritarianism in order to survive.  In such a scenario, world governments will …

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