Crypto news

Fidelity’s charity arm, Fidelity Charitable, said late last month that it has received more than $100 million in cryptocurrency donations since 2015. In total, more than $106 million worth of cryptocurrencies has been granted to Fidelity Charitable since it first began accepting this form of donation, according to the firm’s annual report published late last
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Summa co-founder James Prestwich wants to bridge the great divide: bitcoin vs. ethereum. Bitcoiners notoriously hate the ethereum-centric world of decentralized finance (DeFi), fueled by automated loan software. But two blockchain startups, Summa and Keep, are launching the Cross-Chain Working Group to bridge that divide with a protocol for using bitcoin on ethereum-based systems. The
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Crypto exchange Coinbase disclosed a potential vulnerability Friday, announcing that a tiny fraction of its customers’ passwords were stored in plain text on an internal server log. However, the information was not improperly accessed by outside parties, the exchange said. In a post-mortem shared with CoinDesk, Coinbase outlined “a password storage issue,” impacting less than
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The Takeaway: QuadrigaCX’s former users are running out of patience with Miller Thomson and EY, the court-appointed companies tasked with recovering their missing funds. The users want more transparency into EY’s investigation of Quadriga’s missing funds, as well as a better understanding of how the audit firm accidentally lost 103 bitcoin earlier this year. Some
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Maryland Attorney General Brian Frosh said Wednesday that the state’s securities market watchdog will become part of an international effort to crack down on cryptocurrency related fraud. The state is the latest to join “Operation Cryptosweep,” an initiative led by the North American Securities Administrators Association (NASAA). As part of the second wave of the
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Walmart has reasserted its interest in blockchain-backed drones with a recent patent application. Commerce giant Walmart filed for an application entitled “Cloning Drones Using Blockchain” in January 2019 with the United States Patent and Trademark Office publishing the patent on August 1. The patent for an unmanned aerial vehicle (UAV) blockchain-based coordination system was published the same
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The most prestigious banking relationship in crypto has ended. Barclays, the London-based global bank, is no longer working with cryptocurrency exchange Coinbase, industry sources told CoinDesk. And while Coinbase found a replacement in U.K. upstart Clearbank, according to people familiar with the situation, the change has indirectly inconvenienced the exchange’s users. That’s because, aside from
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Bitcoin derivatives provider Seed CX has begun testing its margin swaps products with users, the company said Tuesday. Investors can now onboard to try out Seed CX’s swaps product matching platform during the testing period through its subsidiary Seed SEF, a regulated swap execution facility (SEF), the company announced Seed CX’s CEO Edward Woodford told CoinDesk that the testing
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The U.S. Securities and Exchange Commission (SEC) delayed making a decision on three bitcoin exchange-traded fund (ETF) proposals Monday. The ETFs, proposed earlier this year by asset managers Bitwise Asset Management, VanEck/SolidX and Wilshire Phoenix, and filed with exchanges NYSE Arca and Cboe BZX, are all seeking to become the first such investment vehicle based on bitcoin. The filings
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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. The following article originally appeared in Institutional Crypto by CoinDesk, a free weekly newsletter for institutional investors interested in crypto assets. Sign up here. Last week’s kerfuffle over the launch-that-wasn’t of LedgerX’s physically delivered futures
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A new patent application from IBM describes a blockchain-based web browser. Filed on August 6 by the United States Patent and Trademark Office, IBM’s patent is for a web browser backed by a peer-to-peer network. The browser collects pre-specified information from web browsing sessions, according to the patent. The information is then transferred to a
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A new report on the nascent ecosystem of blockchain-based games indicates that one of the model’s most-trumpeted characteristics — the ability to mix and swap data between games – isn’t panning out. The idea of cross-overs between games isn’t exactly new. Series like Nintendo’s Super Smash Brothers perhaps best exemplify this approach, with familiar characters
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May’s Binance hacker has been hard at work washing his stolen bitcoins through a mixing service. Clain.io, a Luxembourg-cryptocurrency capital flows research team, says the 7,074 stolen coins are being laundered through mixing service Chipmixer. Clain says at least 4,836 bitcoins were laundered since June 12th. A bitcoin tumbling service mixes a bitcoin’s unspent transaction
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