Crypto exchange Coinbase will now let its retail customers buy or trade the DAI stablecoin, so long as they don’t live in New York. The exchange announced Thursday that it was adding DAI on its website, as well as its Android and iOS apps, letting customers buy, sell, convert, trade or store the stablecoin. Customers
People really do seem to be buying things with cryptocurrency. Announced today, Coinbase Commerce – the exchange unicorn’s app for online retailers – has exceeded $50 million in transactions since launching in February 2018. “Volumes really started picking up in Q2 ,” Justin O’Brien, the product lead for Coinbase Commerce, told CoinDesk in a phone call.
The U.S. Securities and Exchange Commission (SEC) is suing a California resident on charges of selling unregistered securities and conducting a Ponzi scheme disguised as a cryptocurrency. The SEC announced Thursday that it had filed for an injunction against Daniel Pacheco, claiming that he sold unregistered securities through IPro Solutions LLC and IPro Network LLC,
“We need a first step toward more privacy,” Vitalik Buterin, founder of the ethereum blockchain network, said Wendesday. In a new HackMD post, Buterin detailed a design to help obscure ethereum user activity on the blockchain. More specifically, Buterin proposed a “minimal mixer design” aimed at obfuscating user addresses when sending fixed quantities of ether (ETH).
Russia’s central bank will consider the use of a gold-backed cryptocurrency to facilitate international settlements, according to a Tass report. Elvira Nabiullina, governor of the Bank of Russia, said Thursday that her institution is to review a proposal for the development of the cryptocurrency. Nabiullina said at the nation’s lower house, or Duma: “As for mutual
Japan’s Financial Services Agency (FSA) is said to be scrutinizing cryptocurrency exchanges in the country to ensure anti-money laundering (AML) processes are in place. A report from the Nikkei Asian Review on Wednesday, citing an unnamed FSA official, said that inspections are being carried out ahead of the G20 summit next month. The G20 – the
A blockchain startup is bringing the fight for free speech to the domain level. Unstoppable Domains announced Thursday a $4 million Series A led by venture capital firm Draper Associates. Boost VC, which led the startup’s seed round, was the only other participant in the Series A. “For global free speech to work, you need
While cryptocurrency has only recently become a popular term in finance, it has been around for a long time. Before names like Bitcoin, Ethereum, and Litecoin even existed, there were attempts to create a decentralized currency. David Chaum, a respected cryptographer, launched ECash, an anonymous system in the 1990s but it failed. Chaum built the system on currently existing
What Is SALT Lending? SALT lending is a platform that provides Blockchain-Backed Loans. SALT (Secured Automated Lending Platform) enables you to put up your crypto as collateral in exchange for a cash loan. This strategy is ideal if you need to pay-off an unexpected expense or want to make a big purchase without having to sell-off
What Is Power Ledger (POWR)? | The Complete Guide By JOHNNY SESSA What Is Power Ledger? Power Ledger, a blockchain-based platform, plans to completely revolutionize the worldwide energy industry by enabling local areas to sell and distribute solar power to their neighbors without the need for a middleman. Imagine a world without reliance on big