“I think the right lesson to draw from all of this is that a global order needs to be based on a distributed operating system, not on a centralized architecture…” – Niall Ferguson In this wide ranging conversation CoinDesk’s Michael…
Is a cash-based society sustainable in the age of coronavirus? Hoarders say yes, health experts say maybe and the visionaries say no: COVID-19 is the catalyst for systemic payments change. This wrecking ball of a virus stands to change the…
It’s been a week since the community that drove the Steem blockchain largely broke off to form Hive, and the market action so far has been on the side of the dissidents. Hive tokens are trading at $0.321 versus steem…
In a role reversal befitting these topsy-turvy times, Wall Street has recently seen more turbulence than the top cryptocurrency. The S&P 500’s 30-day volatility of daily returns, or historical volatility, jumped to 200 percent Wednesday, nearly 10 times the average…
The “digital dollar” took just eight days to get into Congress. Advocates for digitizing coronavirus relief payments began working with Congressional staffers earlier this month to outline how the Federal Reserve could potentially distribute funds to unbanked individuals quickly as…
A nominee for a CME director role believes the exchange, one of the few regulated providers for crypto derivatives, should issue its own tokens and mine bitcoin with renewable energy. CME B-shares were distributed to CME members – the exchange’s…
While bitcoin (BTC) looks set to prolong its recent bullish moves, those responsible for making new bitcoin have increased their selling. The world’s largest cryptocurrency by market value rose from $3,867 to $7,000 in the 13 days to March 25,…
Gold-backed crypto tokens continue to rise in price as sourcing gold itself during the coronavirus-induced downturn is reportedly getting more difficult. Demand for Paxos Gold (PAXG) and Tether Gold (XAUT), two of the most liquid gold-backed token projects, has surged…
Byrne Hobart, a CoinDesk columnist, is an investor, consultant and writer in New York. His newsletter, The Diff (diff.substack.com) covers inflection points in finance and technology. Bitcoin (BTC) was designed for many reasons, but one of the most important was…
The Telegram messaging platform has appealed a U.S. court ruling prohibiting it from distributing its gram cryptocurrency. U.S. District Judge P. Kevin Castel of the Southern District of New York said Tuesday that Telegram’s 2018, $1.7 billion token sale appeared…