Russia’s crypto industry is pushing back against a set of bills that would make it more difficult to operate in the Eurasian country. Russian lawmakers introduced a set of draft bills regulating digital assets earlier this month, which would effectively ban any transactions using crypto...
Month: May 2020
Bitcoin News Roundup for May 29, 2020 – CoinDesk
With bitcoin and many traditional markets down on the day, CoinDesk’s Markets Daily is back! Bitcoin’s bulls are taking a breather as the traditional markets get the jitters over rising tensions between the U.S. and China. The Twitter account of BSV-based social media platform Twetch...
In Trump Versus Twitter, Decentralized Tech May Win – CoinDesk
U.S. President Donald Trump signed an executive order Thursday, seeking to amend Section 230 of the Communications Decency Act. Section 230 prevents social media companies from civil liability for the content posted on them. The order targets Twitter and Facebook after Twitter fact-checked two of...
Discovery Science to Premier Crypto-Funded TV Series About… Dragonchain? – CoinDesk
A new series about blockchain project Dragonchain is premiering on Discovery, and it’s been fully financed with $1 million in crypto. Production house Vision Tree Media said Friday its new “Open Source Money” documentary series, which will track crypto project Dragonchain, would debut on Discovery...
‘Passwordless Login’ Startup Magic Raises $4M From Naval Ravikant, Placeholder – CoinDesk
The blockchain industry desperately needs password solutions that aren’t such a royal pain in the neck. That’s why the San Francisco-based startup Magic just raised a $4 million seed round from investors like Naval Ravikant, SV Angel, Placeholder, Lightspeed Venture Partners and Volt Capital, just...
Digital Dollar Project Calls for 2-Tiered Distribution System in First White Paper for US CBDC – CoinDesk
The Digital Dollar Project is proposing a framework for the creation of a U.S. central bank digital currency (CBDC). The group published its first white paper Friday, detailing the need for a tokenized version of the U.S. dollar and some potential avenues for building this...
First Mover: Bitcoin Rally Shows Traders Don’t Care That Goldman Hates Their Asset Class
Cryptocurrency traders don’t seem to care that Goldman Sachs is such a bitcoin hater. At least, that’s the signal markets are sending. Bitcoin prices have surged since the Wall Street heavyweight’s money-management division declared in a presentation this week that the cryptocurrency is “not a suitable investment...
Bitcoin Rally Falters as Stocks Drop Ahead of Trump’s China Speech – CoinDesk
Bitcoin’s bulls are taking a breather amid jitters in the traditional markets over rising tensions between the U.S. and China. The world’s biggest cryptocurrency is trading near $9,400 at press time, having posted an eight-day high of $9,620 on Thursday. Prices have gained 8% so...
GSX Group’s New Digital Securities Venue Tokenizes First Client Shares – CoinDesk
Gibraltar Stock Exchange (GSX) Group’s digital securities platform has tokenized the shares of a client for the first time. The recently launched blockchain-based venue, GRID, allows for the tokenization of securities using GSX Group’s native STACS network. In this inaugural issuance, shares for adtech firm...
Blockchain ID Solution Aims to Tackle Spike in Delivery Fraud Amid Coronavirus Measures – CoinDesk
Nuggets, a digital identity and payments platform, has developed a way to accept deliveries without needing a physical signature to combat a spike in fraud and chargebacks during the COVID-19 pandemic. Using biometrically verified contactless delivery technology secured with blockchain technology, the London-based firm wants...