Salvatore Palella is often credited as the man who brought electric scooters to Italy. Less known is his attempt to bring ride-sharing to the blockchain. In June 2019, Italian Minister of Transportation Danilo Toninelli granted a decree to allow micro-mobility…
Decentralized exchanges (DEXs) are seeing more action than ever thanks to a surge in decentralized finance (DeFi) activity. The chief benefit of DEXs compared to the Coinbases of the world? They allow users to hold their crypto until they make…
As Zimbabwe embarks on its fifth bout of hyperinflation in modern history, CoinDesk’s Markets Daily is back with another bitcoin news roundup. Today’s stories: Bitcoin is still outperforming the top traditional financial assets so far in 2020 – even after…
The Takeaway: Demand to transact on the Ethereum blockchain has pushed fees to uncomfortable levels. A new technical proposal helps address high fees by implementing a dynamic pricing system. Called EIP 1559, Ethereum users would now pay a set “base…
A hacker has attempted to disrupt a blockchain voting system currently being used to help decide constitutional changes in the Russian Federation. According to Russian news agency TASS, head of the Moscow government’s IT technologies department Artem Kostyrko said an…
Balancer fell victim to a “flash loan” exploit, a mining conglomerate sees potential in blockchain and a shareholders association said EY should have caught Wirecard’s multi-billion-dollar blackhole earlier. Flash loans are one of many novel financial products made possible through decentralized…
Malcolm Campbell-Verduyn is assistant professor of International Political Economy at the University of Groningen in the Netherlands. He is editor of the book Bitcoin and Beyond. Moritz Hütten is researcher on blockchains and the future of work at Darmstadt Business…
As states shutter economic activity because of preventable COVID-19 outbreaks, it’s deja vu all over again. This is a movie we’ve seen before: Rise in what could have been preventable COVID-19 cases A call for shutdowns (plus voluntary closures) Rampant…
Mutual fund giant Vanguard has completed another blockchain pilot that aims to change the risk profile of foreign exchange (FX) transactions. The Valley Forge, Pa.-based investment firm ran the pilot on Symbiont’s Assembly blockchain with participation from State Street, BNY…
The future of the U.S. federal securities regulator, and perhaps the direction of cryptocurrency policy, is up in the air. Last week, President Donald Trump announced his intention to nominate Securities and Exchange Commission Chairman Jay Clayton to the post…