ConsenSys Is Seeking $200 Million in New Funding: Report

ConsenSys is seeking a funding boost. Ethereum co-founder Joe Lubin’s Brooklyn-based venture studio is looking to raise $200 million from external investors, The Information reported Monday, at a valuation of $1 billion. The Information reports that ConsenSys is pitching Chinese investors with materials claiming the company aims to earn $50 million in revenue this year, […]

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You Can Now Donate to the Tor Project in 9 Different Cryptocurrencies

The Tor Project, a digital anonymity-focused nonprofit, is now accepting cryptocurrency donations directly, with donors able to take advantage of nearly 10 different options to send funds. A donations page on Tor’s website with a list of crypto addresses has been available since March 18. Tor fundraising director Sarah Stevenson told CoinDesk that the company […]

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JP Morgan’s Stablecoin: A Feat of Engineering or Marketing?

Ben Jessel is head of enterprise blockchain at Kadena, a next-generation blockchain company offering both public and private blockchain solutions.  –––––––––– The world of blockchain and banking was set alight last month by the announcement that JP Morgan has created its own stablecoin. It was a rare move that has simultaneously excited the banking and enterprise […]

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Will Fiat-Backed Stablecoins Pass Legal Muster With the SEC and CFTC?

Benjamin Sauter and Jake Chervinsky of Kobre & Kim LLP are litigators and government enforcement defense attorneys who specialize in disputes and investigations related to digital assets. This article is not intended to provide legal advice. –––––––––– As we enter the second year of this so-called “crypto winter,” the stablecoin market is hotter than ever. […]

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Why Google Data Scientists Are Interested in Ethereum Classic

Google’s big-data analytics platform, BigQuery, just quietly added support for Ethereum Classic blockchain searches along with a range of other cryptocurrency networks. This effort will make it easier for technologists to search the blockchain for specific pieces of data. This move is just one out of many the ETC community is pushing forward this winter […]

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2018: A Record-Breaking Year for Crypto Exchange Hacks

Eric Larcheveque is the CEO of Ledger, a leader in security and infrastructure solutions for cryptocurrencies and blockchain applications since 2014. The following is an exclusive contribution to CoinDesk’s 2018 Year in Review.  2018 was a record-breaking year. From the number of cryptocurrency exchange hacks, to the amount of assets that were stolen, to the largest […]

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Amazon Plays Its Own Game With Enterprise Blockchain

Amazon Web Services, the e-commerce giant’s cloud computing arm, is having its proverbial blockchain cake and eating it, too. In late November, AWS unveiled a new service during its re:Invest event that lets clients build their own cloud-based blockchains, using Hyperledger Fabric or ethereum as templates for such projects. That announcement was the next step in […]

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US Lawmaker Suggests ‘WallCoin’ Crypto to Fund Trump’s Mexico Border Wall

Ohio Congressman Warren Davidson thinks crowdfunding may provide a solution to the controversial proposal of building a wall on the Mexican border. And, perhaps more notably, he suggested using a cryptocurrency to do so. During an interview with NPR’s Steve Inskeep, the U.S. lawmaker explained that he has already proposed letting the American public pay […]

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Report: Venezuela Is Forcibly Converting Pension Balances to the Petro

Venezuela has reportedly begun converting pensioners’ monthly payments into its controversial cryptocurrency, the petro. According to the Caracas Chronicles, an English-language politics and economics blog based in the country, the government has recently been taking the bolivares (the country’s current fiat currency) paid to its elderly residents and automatically swapping them for petros. Normally, a […]

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UNICEF Funds 6 Blockchain Startups to ‘Solve Global Challenges’

The United Nations’ charity arm for children, UNICEF, is funding research into blockchain tech. Announced Monday, UNICEF is investing $100,000 in six blockchain startups to “solve global challenges using blockchain technology,” ranging from healthcare delivery transparency to managing finances and resources. The investments are part of a broader program which already funds 20 technology startups, […]

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