The head of trading at Coinbase, Hunter Merghart, has resigned from the U.S. crypto exchange and wallet provider after just six months on the job, CoinDesk has learned. Merghart made the decision to leave the company last week and is now exploring other opportunities, according...
Month: October 2018
Indian Official Suggests Ban on ‘Private Crypto’ Prior to Supreme Court Decision
India’s secretary of Economic Affairs has recommended that the country’s Ministry of Finance to impose a ban on “private cryptocurrencies,” according to a report published by the Indian government press center Oct. 31. The Financial Stability and Development Council (FSDC), headed by India’s finance minister...
Justin Sun on the Future of Tron, BitTorrent, and Project Atlas
Justin Sun sits at the helm of Tron, a decentralized entertainment content sharing platform governed by users that populate the marketplaces instead of centralized third-party intermediaries. Tron is currently hovering around a $1.5B market cap. Although significantly less than it’s all-time high market cap of...
Former Fed Chair Janet Yellen Is Now a Bitcoin Owner – CoinDesk
She may not be “fan” of bitcoin,” but former Federal Reserve chair Janet Yellen now has a small amount of BTC in her possession. On Monday, Yellen explained why she believes bitcoin is not a useful form of currency during an appearance at the Canada Fintech...
Binance Freezes Funds With Suspected Money Laundering Links From Controversial Exchange WEX
Troubled cryptocurrency exchange WEX.nz has seen its funds frozen by fellow exchange Binance after users claimed the exchange was involved in money laundering, CEO Changpeng Zhao confirmed on social media Oct. 29. In response to an alert by an online trader known as John James...
Planting Bitcoin Part Four: Gardening – CoinDesk
Dan Held is the founder of crypto portfolio service Picks & Shovels. He previously founded data service ZeroBlock, which sold to Blockchain, and served as VP of product at ChangeTip. This exclusive opinion piece is part of CoinDesk’s “Bitcoin at 10: The Satoshi White Paper”...
ERC-20 Co-Author Proposes New ICO Model to Protect Investors from Fraudulent Token Sales
The Ethereum (ETH) developer that co-authored the ERC-20 token standard has introduced a new model for Initial Coin Offerings (ICO), Czech business news outlet Kurzy reports Oct. 31. Speaking at Ethereum’s annual Devcon conference in Prague Oct. 30, Fabian Vogelsteller, also the main developer of...
Move Over Smallville: Drama and Myths of Crypto Come to Life in New Comic Book Series
Move over DC and Marvel: a fledgling company wants to create a comic book universe where crypto and blockchain are at its center – building an immersive experience for readers with a whole new suite of coveted collectibles. Tokenville says comics offer an exciting format...
Indian Officials Met to Discuss Possible Ban on ‘Private Cryptocurrencies’ – CoinDesk
The Indian government is considering imposing a ban on what it calls “private cryptocurrencies” in the country. At the 19th meeting of the Financial Stability and Development Council (FSDC) on Tuesday, the country’s finance minister Arun Jaitley discussed “the issues and challenges” of crypto assets...
Promise: A Startup Based on an Anonymous Paper Plans to Replace ACH – CoinDesk
“It appears to be a replacement for the entire ACH system of banking.” Taariq Lewis, the founder of multiple blockchain startups and the SF Cryptocurrency Devs engineers meetup, sent that note with an attached white paper to CoinDesk in early August. “It’s really strange,” he...