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Divisions in Sam Bankman-Fried’s Crypto Empire Blur on His Trading Titan Alameda’s Balance Sheet Alameda had $14.6 billion of assets as of June 30, according to a private document CoinDesk reviewed. Much of it is the FTT token issued by FTX, another Bankman-Fried company.
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The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.
Bitcoin in the Browser: Google, Apple and More Adopting Crypto-Ready API With the help of Google, Facebook, Microsoft and Apple, the W3C is deploying a browser API that could extend cryptocurrency's payments potential.
Swift Reveals Future Global Payment Tech – Blockchain Not Included While Swift is bullish on its explorations of blockchain, it has sidestepped the tech in its new cross-border payments service, unveiled today.
Two of China’s most widely used bitcoin exchanges have announced that they will suspend bitcoin and litecoin effective immediately.
Filament Nets $5 Million for Blockchain-Based Internet of Things Hardware Filament, a blockchain-based tech provider for the Internet of Things, has raised $5m from Samsung Ventures and Verizon Ventures, among others.
Stealth bitcoin startup 21 Inc, formerly 21e6, has announced new information about its funding history, staff members and investors, revealing it has raised $116m in fundraising over multiple rounds. In a new interview with the Wall Street Journal, 21 CEO Matthew Pauker indicated that Andreessen Horowitz, Data Collective, Khosla Ventures, RRE Ventures and Yuan Capital are among the firms that have
IBM Reveals Proof of Concept for Blockchain-Powered Internet of Things IBM has debuted ADEPT, the distributed, blockchain-powered Internet of Things proof of concept designed in partnership with Samsung.
Microsoft Adds Bitcoin Payments for Xbox Games and Mobile Content Microsoft now lets users add bitcoin to their online accounts, enabling payments for apps, games and other digital content through its Xbox platform.
One reason bitcoin can be confusing for beginners is that the technology behind it redefines the concept of ownership. To own something in the traditional sense, be it a house or a sum of money, means either having personal custody of the thing or granting custody to a trusted entity such as a bank. With bitcoin the case is different. Bitcoins themselves are not stored either centrally or locally
Why Japan Fell in Love with Monacoin, the Cat Meme Cryptocurrency Japan's quest for the novel and locally-made has extended to altcoins, as fans create a cultural ecosystem around monacoin.
These days, everyone wants to add new features to the bitcoin block chain, but now one team thinks that it's found a way to do it responsibly - by creating "side chains" that can interact with bitcoin. The process, known as 'two-way pegging', has some hefty backing. It is supported by Adam Back, the developer of the HashCash, the algorithm bitcoin uses to generate and verify currency. On the busin
Denmark's Tax Board ruled today that gains from bitcoin trading are exempt from taxation, and losses are not tax-deductible.
The price of Bitcoin (BTC) is $62,213.30 today, as of Oct 09 03:25 a.m., with a 24-hour trading volume of $28.15B. Over the last 24 hours, the price has decreased by -0.72%. Bitcoin currently has a circulating supply of 19.77M and a market cap of $1.23T. Bitcoin (BTC) is the world’s first decentralized cryptocurrency – a type of digital asset that uses public-key cryptography to record, sign and s
Why Mt. Gox, the World’s First Bitcoin Exchange, is Dying From collectible card exchange to the world's biggest bitcoin player, it seems Gox may be headed for the grave.
While the New York Department of Financial Services (NYDFS) successfully monopolized media attention last week by assembling a cast of bitcoin A-listers at its regulatory hearing, it wasn't the only government agency to explore virtual currencies in a way that could impact the global community. On 29th January, the US Postal Service (USPS) Office of Inspector Generalhttp://www.uspsoig.gov/ (OIG) h
Officially titled Ethereum, creators are calling it "Cryptocurrency 2.0". It's a decentralized mining network and software development platform rolled into one, and it will allow people to create their own altcoins, among other things. The project, which will be unveiled at the North American Bitcoin Conference, is the brainchild of Vitalik Buterin, co-founder of Bitcoin Magazine, who has also bee
Blockchain is the buzzword that seems to dominate any conversation about the future of technology, from the power of cryptocurrencies to new forms of cybersecurity. While the applications for blockchain technology seem endless, not many people are entirely sure what it is. In the old days, transactions were tracked in written ledgers and stored in financial institutions. Traditional ledgers could
CoinDesk: Bitcoin, Ethereum, Crypto News and Price DataLeader in cryptocurrency, Bitcoin, Ethereum, XRP, blockchain, DeFi, digital finance and Web 3.0 news with analysis, video and live price updates.
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