Month: March 2020

The trouble with bitcoin payments these days may be a lack of spenders, not spending opportunities.  On Monday, the Silicon Valley bitcoin startup Lightning Labs announced a new standards proposal that makes it easier for companies to automate small bitcoin (BTC) payments, like ongoing subscriptions.  “We are using this product for our Loop service, it’s
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Castle Island Ventures and Coin Metrics co-founder Nic Carter joins @NLW to discuss cascading crises, crypto dollarization and the state of the bitcoin narrative. In this wide-ranging discussion, Castle Island Ventures founding partner and Coin Metrics co-founder Nic Carter joins @NLW to discuss: Disclosure Read More The leader in blockchain news, CoinDesk is a media
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As economists scramble to assess the devastating impact of the coronavirus, they’re homing in on an unexpected hero that’s mitigating the damage in the U.S.: remote working.  With offices across the country closed and people stuck in their homes, many professional workers have accomplished a not-seamless but ultimately successful transition to online workplaces — allowing
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Another blockchain project is heading to the Polkadot Network. Launched in 2017, Internet-of-Things (IoT) platform Nodle announced it is switching from the Stellar blockchain to Parity Technologies’ Substrate network, according to a blog post shared in advance with CoinDesk. Substrate lets teams customize their own blockchains; Nodle’s is called Arcadia. Nodle provides “last mile” support
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Leah Callon-Butler, a CoinDesk columnist, is the director of Emfarsis, a consulting firm focused on the role of technology in advancing economic development in Asia. About a week ago, my boyfriend and I stood in the kitchen and had a discussion about where we would hide a wad of cash if we were to drain
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A new cryptocurrency wallet insurance product from Coincover offers better protection than many existing custodial solutions, the firm says. The Cardiff, U.K.-based risk management provider announced Tuesday that its insurance policy, underwritten by Lloyd’s of London, would now provide Civic wallet users up to $1 million in cover. The insurance is assigned automatically when a
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Crypto-literate public accountants are concerned their clients might face Internal Revenue Service (IRS) audits and penalties for underpaying taxes on their crypto holdings, a new survey finds. Cryptocurrency accounting service provider Blox and tax software developer Sovos conducted a survey of roughly 45 Certified Public Accountants (CPAs) familiar with crypto, finding that the majority believe
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CoinSpot, one of Australia’s top cryptocurrency exchanges by trading volume, says its security systems have been given the International Organization for Standardization (ISO) stamp of approval. The news marks the platform as the first cryptocurrency exchange in Australia to receive an ISO information security accreditation. CoinSpot now has a user base topping 1 million, according to
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Noelle Acheson is a veteran of company analysis and CoinDesk’s director of research. The opinions expressed in this article are the author’s own and are not investment advice. The following article originally appeared in Institutional Crypto by CoinDesk, a weekly newsletter focused on institutional investment in crypto assets. Sign up for free here. Shuttered shops. Empty streets.
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Bug bounty platform HackerOne severed ties with Medici Ventures-backed Voatz, the blockchain-based mobile voting app for breach of partnership standards.  The removal cuts off Voatz’ access to HackerOne’s network of “ethical hackers” who trade their expertise in finding code faults for cash. HackerOne partners with corporations interested in shoring up potential security vulnerabilities. Across 1,800
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After the weekend slump, many cryptocurrencies made strong gains Monday, as did major stock indexes, while the coronavirus continues to wreak havoc on the global economy. Traders weren’t confident the green flashing across all markets would last, however.   Bitcoin (BTC) climbed 8 percent and ether (ETH) gained 6 percent. Other notable performers include bitcoin SV
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