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Coin News

Coin News

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The New Last-Ditch Effort to Unfreeze a $260 Million Ethereum Fortune

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"The least evil." That's how one  ethereum user described the latest effort to recover $264 million in cryptocurrency lost due to a code fault in a popular ethereum wallet. But...
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Crypto Startup Files Petition Against India's Central Bank Ban

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An Indian startup planning to launch a crypto exchange has filed a complaint against the Reserve Bank of India's (RBI) decision to bar banks from engaging with crypto services. Kali...
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Coinbase Has a New Chief Financial Officer

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Cryptocurrency exchange Coinbase hired a new chief financial officer. Alesia Haas, the former CFO at Oz Management and OneWest Bank, will take on the role at Coinbase effective immediately, the...
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What Crypto Exchanges Are Saying About New York's New Inquiry

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Some of the startups named today in the New York Attorney General's cryptocurrency exchange "inquiry" say they welcome the move. As CoinDesk  reported  on Tuesday, the office of New York...
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Amazon Sees Bitcoin Use Case in Data Marketplaces

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Amazon has won a patent for a streaming data marketplace that could allow subscribers to receive real-time cryptocurrency transaction data. The patent  describes a system in which individuals and organizations...
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Telegram's CEO Is Using Bitcoin to Bypass Russia's App Ban

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Telegram founder Pavel Durov said Tuesday that he has been paying network administrators in bitcoin to bypass a government ban on his popular messaging platform. The messaging app's creator announced...
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Binance, Bitfinex and More: NY Launches Inquiry Into Crypto Exchanges

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New York's Attorney General is taking a closer look at some of the world's most popular cryptocurrency exchanges. Attorney General Eric Schneiderman announced the "Virtual Markets Integrity Initiative" on Tuesday, saying...
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Prosecutors: Options Seller Duped Investors With 'Worthless' Crypto

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Federal prosecutors say a New York resident misled investors about a cryptocurrency as part of a wider investment fraud scheme. The U.S. Attorney's Office for the Eastern District of New...
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Sell the News? Verge Token Drops After Porn Partner Reveal

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Verge's XVG token is witnessing a classic "sell the news" trade. The privacy-focused token ran into offers after the news hit the wires at 10:00 EST that Pornhub , the...
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Blockchain Taps Former Goldman Exec for Institutional Investor Push

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Blockchain, a cryptocurrency wallet and data provider based in London, has hired a former Goldman Sachs executive as head of institutional sales and strategy. Signaling that the firm is ramping...
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Pornhub Adds Crypto Payment Option With Verge Token

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Adult entertainment website Pornhub has announced that it will begin accepting the cryptocurrency verge as payment. The company detailed its move in a blog post  and accompanying video , saying...
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Card Operator Discover Joins Blockchain Trade Group

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Global payments giant Discover Financial Services has joined the Chamber of Digital Commerce to assist the group's mission of blockchain education and advocacy. Joining the Chamber's executive committee as a...
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Cognizant Teams with 14 Insurers on Blockchain Data-Sharing Platform

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Cognizant has teamed up with 14 Indian insurance firms on the development of a blockchain solution for cross-company data sharing. The IT multinational said in a statement  on Monday that...
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The Seven Pillars of ICO Investing

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Tim Enneking is managing director at Crypto Asset Management. Robert Brauer and Andrew Kang are members of the Crypto Asset Management ICO Analysis team. The number of initial coin offerings (ICOs) is...
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Crypto Hedge Funds Face Tough Choices on Tax Day

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Jon P. Brose  is a partner and  Brett R. Cotler  is an associate in the blockchain and cryptocurrency practice at the law firm of Seward & Kissel. The following article is an exclusive contribution...
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Cryptocurrency Exchange Kraken to Shutter Services in Japan

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San Fransisco-based cryptocurrency exchange Kraken has announced it is shutting its doors for investors in Japan. According to a statement  released on Tuesday, the company said it will cease to...
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Resistance Ahead: Bitcoin Bulls Must Break $8,500

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A move above resistance at $8,500 would provide confirmation bitcoin's bear market has ended, the technical charts indicate. Over the weekend, the cryptocurrency clocked a three-week high of $8,458 on Bitfinex,...
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Many ICOs May Be Frauds, Says Hong Kong Securities Watchdog

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Hong Kong's securities regulator has taken a skeptical tone on investments related to initial coin offerings (ICOs). In a speech at an investment industry function on Friday, Julia Leung, deputy...
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Shot Taiwanese Bitcoin Miner Blames Trading Crackdown in China

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The regulatory crackdown on bitcoin trading in mainland China has reportedly led to a bitcoin miner in Taiwan being shot by local gangsters. According to a report from Taiwanese news...
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Crypto Tax Dodgers Are Tempting Fate

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Mark Gladden is the sole proprietor of a digital asset mining and trading business in New Mexico. The following article is an exclusive contribution to CoinDesk's  Crypto and Taxes 2018...
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