How a Left-for-Dead, $0.22 Crypto Asset Became a Lifeline for Activists

“It exists everywhere.” That’s how Athens-based crypto enthusiast named “Sporos” describes faircoin – a tiny, $0.22 asset that in terms of daily trading volume, is barely a glitch on global cryptocurrency exchanges. Although it’s listed at number 1,134 on CoinMarketCap, faircoin users aren’t phased by the market’s disinterest. Instead, they pride themselves on faircoin’s utility […]

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Why and How Banks Should Embrace Blockchain Tech

William Mougayar is a Toronto-based angel investor and four-time entrepreneur who advises startups on strategy and marketing. In the first of this three-part series, he discussed how banks dealt with the emergence of the Internet and how blockchain technology is causing these institutions a whole new headache. Here, in part two, he looks at why and how banks should […]

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How Decentralized Finance Became Ethereum’s Top Dog

Projects like MakerDAO, Compound, dYdX and Dharma realized in 2018 they were a distinct group with shared interests within the cryptocurrency industry. Finance has been part of Ethereum from the beginning, but the first attempt to do finance on the “world computer” ended in disaster in 2016: The DAO. A unit of account was key […]

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Nic Carter: Bitcoin’s Patronage System Is a Big Strength

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. A quietly important phenomenon has gained steam in the last few months. And I’m not referring to Grayscale gobbling up all the new coins […]

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How True Anonymity Made Darkcoin King of the Altcoins

If you’re looking to conduct truly anonymous transactions, bitcoin isn’t the perfect digital currency to use. While personal identities are not shared via the bitcoin network, it is still possible to identify wallet addresses and follow transactions through the block chain. For a real anonymous coin, you’ll need to turn to darkcoin, a digital currency […]

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Polkadot Releases Rococo, Its Test Environment for Interoperable ‘Parachains’

Parity Technologies’ Polkadot has launched a testnet, Rococo, of the protocol’s first parachain specification, according to a blog Thursday. Parachains underlie Parity Tech’s vision of a “protocol for protocols.” Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial […]

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‘Rat Poison Squared on Steroids’: What’s New in Bitcoin’s Latest Lightning Release

All eyes are on bitcoin‘s bullish price at the moment. Behind the scenes, however, developers are tinkering to build the infrastructure that many hope could make the Bitcoin system more accessible to more people. Last week, Bitcoin tech startup Blockstream released its latest major version of c-lightning, its implementation of the Lightning Network. The release […]

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Why Japan Fell in Love with Monacoin, the Cat Meme Cryptocurrency

Never mind the cute Shiba Inu of dogecoin, people in Japan are falling for a new Internet meme-based cryptocurrency – the locally invented and cat-logoed ‘monacoin’. While it has only about a third the market cap of dogecoin, the scrypt-based monacoin held a 12th place ranking for the past week on Coinmarketcap and was in the top 10 on Cryptocoinrank with a […]

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CoinDesk Live Recap: Ethereum’s DeFi Luminaries Discuss What’s Next

For decentralized finance (DeFi) to make its mark, it must reach beyond the crypto bubble, said MakerDAO founder Rune Christensen. “Compared to where we’re going next, we’ve still just scratched the surface of what this technology will do,” Christensen, whose lending platform recently topped $1 billion in committed assets, said. He was joined by fellow […]

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