Bitcoin Price Hits 8-Month High Close to $7K

View Bitcoin printed an eight-month high of $6,964 earlier today. Further strengthening the long-term bullish bias is a bull cross of the 100- and 200-day moving averages (MAs) – the first since July 2015. A sustained move toward the next…

Moving Beyond ‘The Blockchain Is the App’

Mic Bowman is a principal engineer at Intel and a member of CoinDesk’s advisory board.  The following article originally appeared in Consensus Magazine, distributed exclusively to attendees of CoinDesk’s Consensus 2019 event. Four autonomous vehicles arrive at an intersection. Who…

FinCEN Says Some Dapps Are Subject to US Money Transmitter Rules

Decentralized applications (dapps) may qualify as money transmitters under U.S. law in certain circumstances, the nation’s anti-money-laundering (AML) regulator said. The Financial Crimes Enforcement Network (FinCEN) published a new guidance sheet Thursday, outlining when and how different companies, individuals and…