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Big traders on Binance panic tanking Matic's price by almost 75%
The digital token of Ethereum-based payments company Matic lost almost 75 percent of its value in a matter of minutes after two weeks of massive appreciation.
Did major exit scams drive down the price of Bitcoin in 2019?
Two of the largest Ponzi schemes in the history of the cryptocurrency industry could be behind the bearish momentum that Bitcoin has seen in the last few months, according to a renowned fund manager.
2019: The Year Washington, Silicon Valley and Beijing Faced Off Over Crypto
This post is part of CoinDesk's 2019 Year in Review, a collection of 100 op-eds, interviews and takes on the state of blockchain and the world.
BNY Mellon and Credit Suisse Involved in Telegram's $1.7B Sale: Report
Two global financial giants, BNY Mellon and Credit Suisse, were reportedly involved in Telegram's $1.7 billion Gram token sale in 2018.Telegram allegedly informed its investors that it was using BNY Mellon and Credit Suisse to move and store fiat currency raised in the GRAM sale, industry publication Coindesk reports, citing court filings released on Dec. 10.A Telegram employee reveals the details in a series of messages attached to the filingsShyam Parekh, a Telegram employee who is expected to give a deposition before the New York Southern District Court today, Dec. 10, reportedly provided details on how Telegram will process the raised funds in a series of messages attached to the court documents.
JPMorgan Blockchain Payments Network Eyes January Japan Launch
JPMorgan Chase's blockchain payments platform looks to be expanding to Japan, and soon.
New Data: Bitcoin Diversification Helping Traditional Portfolios
With the market set for another down day, we're talking new data on Bitcoin diversification for traditional portfolios, taking a look at shifting tactics in the mining hardware industry, traditional bonds issued, then redeemed on the Ethereum blockchain, and more.
StormX launches crypto rewards for up to 30% back on brands like Microsoft
StormX has ventured into the eCommerce space with the launch of its second product, StormShop, a rewards platform allowing users to shop online and claim up to 30 percent back in crypto from brands including Microsoft, Macy's, and Groupon.
Tencent's WeBank to Provide Infrastructure for China's National Blockchain Consortium
WeBank, a digital bank that makes loans to small businesses and individuals, has become the first technical infrastructure provider for the nation's blockchain network.
Soccer Teams Like Juventus Look to Score With Blockchain Push
On Dec. 2, Italian soccer giant Juventus revealed that the long wait for its much-hyped fan token had finally come to an end.
Nic Carter on Quadriga, Libra and Other Suspect Projects
Carter does believe crypto - especially bitcoin - will change the world for the better.
Report: Denmark's Tax Agency Is Sending Tax Compliance Letters to Crypto Users
Denmark-based cryptocurrency users have begun receiving letters from the Danish tax agency, Skattestyrelsen, requesting that traders provide a full background of all their cryptocurrency transactions, sources informed Cointelegraph on Dec. 10.In its letters, Skat specifically asked crypto users to provide information about profits and losses for fiscal years 2016 to 2018, according to FIFO principles.
ICC and Blockchain Firms Agree on $40B Funding for Climate Projects
The International Chamber of Commerce has partnered with a Singapore government-backed blockchain startup to reduce carbon emissions in commercial aviation.
Ledger Live Adds Support For XTZ And Tezos Staking, Incorporating Software Features Into Hardware Wallets
Hardware wallet manufacturer Ledger has announced the latest version of its Ledger Live application, adding support for Tezos and Tezos staking.
Danish Tax Agency Sends Warning Letters to Suspected Crypto Tax Evaders
Denmark's tax authority, the Skattestyrelsen, has been sending letters to cryptocurrency users it suspects of tax avoidance, demanding a range of information about their trading activities.
Accounting Advisor and Crypto Startup to Jointly Launch Crypto Tax Tool
Accounting advisor CPA.com and cryptocurrency accounting automation startup Lukka partnered to jointly launch a crypto asset tax preparation tool.
Ugandan Police Hold Director of Alleged $2.7M Crypto Ponzi Scheme
Ugandan police have seized Samson Lwanga, one of the directors of the alleged cryptocurrency pyramid scheme Dunamiscoins Resources Limited.
Santander Exec Claims Blockchain Success as Bank Redeems Ethereum-Issued Bond
Spanish banking multinational Santander has redeemed a bond worth $20 million that it issued on the public ethereum blockchain in September.
State-Owned Chinese Bank to Finance Small Businesses With Blockchain Tech
China Construction Bank, one of the nation's "Big Four" state-owned commercial banks, launched a blockchain-based platform to support the financing of small businesses on Friday.
After Hard Fork, Ethereum Takes Second in China's Blockchain Rankings
China's state-backed tech workgroup has released its fifteenth blockchain technology assessment, in which it promoted Ethereum to second place after its recent hard fork.
Bitcoin Looks South After Strong Rejection Above $7,600
Bitcoin risks falling to key support near $7,087 with charts indicating bearish sentiment is still quite strong.
JPMorgan's Blockchain Network to Launch in Japan in Early 2020: Report
JPMorgan's blockchain-based payment network will launch in Japan in early 2020, Cointelegraph Japan reports on Dec. 10.
IDEG, Coinbase Custody Launch Bitcoin Trusts in Apparent First for Asia
Digital asset manager IDEG is launching what it claims are Asia's first Bitcoin trusts.
Saga Stablecoin Goes Live Backed By Basket of Fiat Currencies
Saga Monetary Technologies has finally launched its SGA stablecoin, and it's already planning to break away from its pegged basket of currencies.
Binance Defends Matic After Altcoin Dives 60% Due to 'Panic' by Whales
Ethereum based cryptocurrency payment network Matic has described as "Baseless" claims it manipulated the price of its token after it crashed 60% in minutes.
Ticketmaster Wants to Use Smart Contracts to Support Millions of Ticket Sales
Speaking at Elev8CON in Las Vegas on Dec. 9, Ticketmaster's vice president of blockchain products Sandy Khaund discussed the value smart contracts can bring to the ticketing industry, a market expected to reach over $6.23 billion by 2025.Khaund emphasized the notion that ticket providers should consider treating tickets like smart contracts in order to create scalability, seamless integration with other service providers and extensibility for new revenue opportunities.
Bitcoin Halving Could Leave Price at $20K-$50K, Hedge Fund Manager Says
Bitcoin's scheduled mining-reward halving in May 2020 could leave prices for the cryptocurrency in a range between $20,000 and $50,000, according to a new estimate.
Crypto Exchange BTSE Eyes $50M for Exchange Token Sale on Liquid Network
Multi-currency and spot/futures exchange BTSE plans to host the first-ever native exchange token sale based on a Bitcoin sidechain.
Crypto Gains New EU Stronghold as Sweden Approves Swiss ETP Startup
Swiss cryptocurrency financial firm Amun AG has gained permission to offer its products to retail clients in the European Union.
Swiss Startup Amun Wins Regulatory Approval to Sell Crypto-ETPs to EU Retailers
Swiss financial startup Amun has won an approval from the Swedish Financial Supervisory Authority to widen its offering of crypto-based financial products to retail investors in the European Union.
Bitmain Shifts Miner Sales Tactics, Betting Big on Bitcoin Halving Pump
Bitcoin mining colossus Bitmain has rejiggered its sales strategy to reverse a decline in market share following the return of co-founder Jihan Wu to the company's helm.
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