Technology

With the COVID-19 pandemic worsening throughout the world, CoinDesk is taking immediate action on Consensus 2020. As the organizers of Consensus and Blockchain Week NYC, our goal has always been to bring the community together to educate, grow, and create meaningful connections in a safe location. It is no longer possible to do that in
0 Comments
U.S. prosecutors indicated a Dutch national Thursday for allegedly spearheading a rape and child pornography website that’s made over $1.6 million worth of bitcoin selling videos since 2012. Known as “Michael R.M.,” and “Mr. Dark,” the man allegedly ran a site called “DarkScandals” that operated on the darknet, which requires special software to access, and
0 Comments
Kadena CEO Will Martino had already been considering abandoning his blockchain development company’s Brooklyn HQ before coronavirus came to New York City. The fast-spreading virus, however, recently convinced him the office had to go. On Feb. 21, he told his team to begin working from home. The New York Metropolitan area’s surging coronavirus count is
0 Comments
Washington state resident Kenneth Warren Rhule has been charged with laundering over $140,000 in bitcoin after agents with Homeland Security Investigations (HSI) made a series of undercover cash-for-crypto deals with the 26-year-old. Rhule faces multiple counts of operating an unlicensed bitcoin money transmitter business and laundering monetary instruments after allegedly meeting with government agents “posing
0 Comments
The Silicon Valley crypto startup cLabs, focused on mobile payments and the Celo blockchain project, is following another precedent from Facebook’s Libra playbook by launching an industry association through a separate Celo Foundation. Dozens of blockchain companies and investors – including Libra Association members Coinbase, Andreessen Horowitz, Bison Trails and Anchorage – are committing to
0 Comments
With assets from oil barrels to bitcoin being pulverized by the coronavirus slowdown, people worldwide are reevaluating their plans for crypto gatherings, especially in geographies where anti-COVID-19 measures are increasingly serious.  In Milan, Italy, which was officially placed in lockdown by the Italian government on Sunday, bitcoin entrepreneur and meetup organizer Mir Liponi is facing
0 Comments
Monday’s historic financial tumult reached beyond stocks, sinking commodities and even bitcoin markets. “I don’t think any asset is safe right now – except cash, U.S. dollars,” said Ali Khedery, formerly Exxon’s senior Middle East advisor and now CEO of U.S.-based strategy firm Dragoman Ventures. While bitcoin prices dropped nearly 10 percent over the weekend,
0 Comments
Crypto software firm Zabo, which claims it can connect bank accounts directly to cryptocurrency wallets, raised $2.5 million to build out its engineering team and add new customers. The Dallas-based firm announced Thursday it had successfully completed a funding round, with participation from Castle Island Ventures, the Tezos Foundation, CoinShares and Digital Currency Group. The
0 Comments
Unstoppable Domains, a censorship-resistant web developer, has released a Google Chrome extension in its bid to open up web 3.0. The extension will give users access to .crypto domain names directly from the Chrome browser, currently the most-used web browser. Developed by Unstoppable Domains, .crypto domains are smart contracts on the Ethereum network, meaning to
0 Comments
BitGo, one of the largest and oldest custodians for digital assets, is joining the fast-growing business of lending out bitcoin and other cryptocurrencies to big investors. The Palo Alto-based company announced Thursday it is now offering institutional digital asset lending services.  Founded in 2013 by CEO Mike Belshe, BitGo started testing the new service a
0 Comments