Author: Coindesk

According to the report published Monday, investment fraud was the most pervasive – and expensive – type of crypto-related fraud in 2023. Of the more than 69,000 reports of crypto-related crime the agency received last year, nearly half were reports of investment fraud, and investment fraudsters made off with a whopping $4 billion. And while crypto crimes only made up about 10% of the complaints the FBI received, the $5.6 billion figure was roughly half the overall loss by complainants. Read the full article here

The fourth quarter remains a few weeks off, and between now and then, said Cipolaro, bitcoin bulls might only be able to look to factors outside of crypto for positive catalysts. Among them would be macro news like employment, inflation and Federal Reserve policies. There’s also the November presidential election, and while candidate Donald Trump has made very friendly overtures to crypto, far less is known about Kamala Harris’ position. Read the full article here

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Our electoral process is a nightmare, where elections are called before voters even make it to the polls, with the 2014 and 2018 elections standing as grim reminders. But then we had Sierra Leone, quietly trialing a voting system using Kiva Protocol in 2018, and Thailand, where over 120,000 voters in the Democrat Party’s 2018 primary elections used the Zcoin blockchain . Every vote, recorded on an immutable ledger. No more tricks; no more deceit. If Bangladesh embraces such a system, it’s wonderful to fathom the trust we could restore in elections. Read the full article here

This week, traders will be eyeing the U.S. release of August’s Consumer Price Index (CPI) on Wednesday and Producer Price Index (PPI) on Thursday. Before then, on Tuesday, Donald Trump goes head to head with Kamala Harris in the first debate between the presidential candidates ahead of November’s election. Read the full article here

A group of Coinbase shareholders sued the exchange in 2022, alleging the exchange “made materially false and misleading statements” about its operations and risk of regulatory action. United States District Judge Brian Martinotti, of the District of New Jersey, ruled Thursday that while the plaintiffs had a plausible case that Coinbase acted “negligently” when it came to regulatory action (the SEC did, in fact, sue Coinbase), they did not bring a plausible case for most of the allegations. Read the full article here

Saylor appeared unbothered by bitcoin’s recent brutal run, which saw the price tumbling to about a seven-month low below $53,000 last week. He reiterated his belief that bitcoin, which now accounts for 0.1% of global capital, will eventually rise to 7% of global capital, or a price of $13 million over the next two decades. Read the full article here

The reality is that it’s neither feasible nor likely for venture capital to be present everywhere at once. Even as the industry matures and more venture capital flows into Web3 companies, it’s unrealistic to expect that funding can be equally distributed across the globe. We’re already seeing certain hubs emerge as go-to destinations for innovators, drawn by factors such as regulatory ease, visa access, cost of living, climate, and time zones. Cities like New York, Lisbon, Dubai, Singapore, and Buenos Aires are among those places slowly becoming hubs. But as this maturity will take time, the question remains: what can…

The card won’t be available in the United States, at least for the time being – likely as a result of the decentralized finance industry’s shaky regulatory standing in the country. The “tentative” list of countries that will receive Ether.fi’s new credit card include, the UK, Hong Kong, UEA, Thailand, Brazil, Turkey, France, Germany, Italy, Portugal, Spain, Denmark, Estonia, Netherlands, Poland and Czech Republic, Silagadze told CoinDesk. Read the full article here

A Trump victory in November could see bitcoin surge to an all-time high of $90,000, broker Bernstein said in a research report. A Harris victory, on the other hand, could see it test the $30,000-$40,000 range. Bernstein noted Trump’s vocal support for BTC, wishing to make the U.S. the “bitcoin and crypto capital of the world,” and having mentioned cryptocurrency in every policy speech he has made. “After the last three years of regulatory purge, a positive crypto regulatory policy can spur innovation again and bring the users back to financial products on the blockchain,” analysts led by Gautam Chhugani…