Monthly Archives: October 2018

Hong Kong’s Securities Watchdog to Regulate Crypto Funds

Hong Kong’s Securities and Futures Commission (SFC) says it will bring crypto funds under its securities regulations to improve investor protection. In a circular issued Thursday, the financial regulator said that investment funds based in Hong Kong and that intend to invest more than 10 percent of their gross portfolios into “virtual assets,” either directly… Read More »

Ethereum Studio ConsenSys Just Bought an Asteroid Mining Company

ConsenSys, the ethereum-focused venture studio, has just acquired Planetary Resources, a space venture hoping to mine asteroids. Planetary Resources announced Wednesday that ConsenSys conducted an asset-purchase transaction, taking over the firm, with president and CEO Chris Lewicki and general counsel Brian Israel joining the ethereum-focused startup as a result. The terms of the deal were… Read More »

Bitcoin’s White Paper Is Not a Bible – Stop Worshipping It

Samson Mow is chief strategy officer at Blockstream. This exclusive opinion piece is part of CoinDesk’s “Bitcoin at 10: The Satoshi White Paper” series. It’s been 10 years since Bitcoin’s white paper was released, and the world has had 10 years to understand the profound impact of Bitcoin. We’ve also had 10 years of development… Read More »

Morgan Stanley Report Says Crypto Now An Institutional Asset Class

Institutional investors are increasingly getting involved in bitcoin and other cryptocurrencies – while the number of retail investors in the space is staying stagnant – according to a new report by Morgan Stanley. In an update to “Bitcoin Decrypted: A Brief Teach-In and Implications,” the global banking giant’s research division delved into the last six… Read More »

Vitalik Ends Devcon Talk With Sing-Along About Failed Ethereum Ideas

“Consensus by bet – that didn’t work. Hub and spoke chains – that didn’t work. Proof-of-proof-of-work – that didn’t work. Hyper cube chains – that also didn’t work!” Singing on stage alongside songwriter Jonathan Mann, ethereum founder Vitalik Buterin ended his keynote at Devcon4 in Prague on Wednesday, with a song that listed “the graveyard… Read More »

Vitalik Ends Devcon Talk With Sing-a-Long About Failed Ethereum Ideas

“Consensus by bet – that didn’t work. Hub and spoke chains – that didn’t work. Proof-of-proof-of-work – that didn’t work. Hyper cube chains – that also didn’t work!” Singing on stage alongside songwriter Jonathan Mann, ethereum founder Vitalik Buterin ended his keynote at Devcon4 in Prague on Wednesday, with a song that listed “the graveyard… Read More »

Coinbase’s Head of Trading Resigns After Six Months on Job

The head of trading at Coinbase, Hunter Merghart, has resigned from the U.S. crypto exchange and wallet provider after just six months on the job, CoinDesk has learned. Merghart made the decision to leave the company last week and is now exploring other opportunities, according to people familiar with the situation. Coinbase declined to comment… Read More »

Former Fed Chair Janet Yellen Is Now a Bitcoin Owner

She may not be “fan” of bitcoin,” but former Federal Reserve chair Janet Yellen now has a small amount of BTC in her possession. On Monday, Yellen explained why she believes bitcoin is not a useful form of currency during an appearance at the Canada Fintech Forum. The former chairperson of the U.S. central bank… Read More »

Planting Bitcoin Part Four: Gardening

Dan Held is the founder of crypto portfolio service Picks & Shovels. He previously founded data service ZeroBlock, which sold to Blockchain, and served as VP of product at ChangeTip. This exclusive opinion piece is part of CoinDesk’s “Bitcoin at 10: The Satoshi White Paper” series. Introduction In my last article, “Soil,” I covered the… Read More »