Author: Coindesk
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence.…
“So if we take that satoshi that is produced in an event that happens every two weeks, to a sat that’s produced just once every four years, I don’t know what that’s going to be worth, but it could be millions,” Adam Swick, chief growth officer of mining firm Marathon Digital Holdings (MARA), said in an interview. Read the full article here
Investment contracts are securities regulated by the SEC, so if a crypto transaction qualifies, it belongs in the agency’s jurisdiction and should be properly registered under the law. The regulator has argued before lawmakers and courts that the vast majority of digital assets are securities, but Coinbase and others from the industry contend that once the asset hits secondary markets and is no longer connected to the business that issued it, the token is beyond the SEC’s legal reach. Answering this dispute would be fundamental for the U.S. crypto sector. Read the full article here
Cantor Fitzgerald is a custodian for Tether Holdings, the issuer of the world’s largest stablecoin, tether (USDT). As of writing, USDT boasted a market cap of $107 billion, while second-ranked Circle’s USDC had a market value of $32.25 billion, according to CoinGecko. Read the full article here
CoinDesk 20 tracks top digital assets and is investible on multiple platforms. The broader CMI comprises approximately 180 tokens and seven crypto sectors: currency, smart contract platforms, DeFi, culture & entertainment, computing, and digitization. Read the full article here
The Bitcoin halving is scheduled to occur every 210,000 blocks, or roughly every four years. This particular event will be executed automatically by the network at exactly blockheight 840,000. Based on the way Bitcoin’s creator Satoshi Nakamoto designed the system, bitcoin miners “find” the next block to hash to the blockchain every 10 minutes, meaning it should be easy to figure out precisely when the next halving should happen down to the minute. Read the full article here
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence.…
The Australian Securities and Investment Commission (ASIC) said on Friday that it had commenced civil proceedings against NGS Crypto, NGS Digital and NGS Group and the sole directors of the companies: Brett Mendham, Ryan Brown and Mark Ten Caten, respectively. Mendham is also restrained from traveling outside of Australia. Read the full article here
“No matter how novel or sophisticated the hack, this Office and our law enforcement partners are committed to following the money and bringing hackers to justice. And as today’s sentence shows, time in prison – and forfeiture of all the stolen crypto – is the inevitable consequence of such destructive hacks,” he said. Read the full article here
To unlock the possibilities that the best talent in Web3 has to offer, developers need to be given the tools to build easily, efficiently and interoperably on top of Bitcoin. However, to achieve this, changes will need to be addressed at a Layer 1 level. Fortunately, there are some paths forward being explored right now that aren’t built on Layer 2’s. For example, there has been a proposal to reintroduce the “OP_CAT” opcode that would allow for multiple script variables to be concatenated into one, which would significantly improve the ability for developers to build on top of the network…