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Nigeria Protests Show Bitcoin Adoption Is Not Coming: It’s Here

Sandali HandagamaOct 21, 2020

Blockchain is gaining traction fast in Nigeria partly because its young and tech-savvy population is showing an eagerness to learn more about Web3.0, a decentralized internet powered by blockchain technology.

PayPal

Bitcoin Rallies Above $13K Less Than 24 Hours After Breaking 2020 Highs

Muyao ShenOct 21, 2020

Bitcoin (BTC) has risen above $13,000 in less than 24 hours after it broke the $12,000 level on the news that PayPal will support cryptocurrencies on its platform.

PayPal

Baby Steps or Handcuffs? Crypto Pros Assess PayPal’s Bitcoin Play

Ian AllisonOct 21, 2020

Fintech giant PayPal confirmed its move into crypto Wednesday. Is its no-withdrawals bitcoin service too restrictive or mainstream-friendly?

PayPal

PayPal Embraces Crypto, Igniting Market as Mainstream Adoption Inches Closer

Ian Allison Danny NelsonOct 21, 2020

PayPal officially confirmed Wednesday it is entering the cryptocurrency market. The payments giant, with 346 million active accounts around the world, pledged to make crypto “a funding source for purchases at its 26 million merchants worldwide.”

Bitcoin

UK-Listed Firm Mode Putting Up to 10% of Cash Reserves Into Bitcoin

Daniel PalmerOct 21, 2020

Mode said it's the first U.K.-listed firm to invest in bitcoin as part of its treasury management strategy.

Market Wrap

Market Wrap: PayPal Powers Bitcoin Past $12.8K as Ether Dominance Drops

Daniel CawreyOct 21, 2020

Bitcoin’s price hit a 2020 record as ether’s share of the market dips.

Deribit

Crypto Options Exchange Deribit to Require ID Verification for All Users by Year End: Report

Jaspreet KalraOct 21, 2020

Popular cryptocurrency options exchange Deribit will require all of its users to be ID verified before the end of this year under its revamped know-your-customer (KYC) policy.

Digital Yuan

Hong Kong ‘Exploring’ Collaboration With China on Digital Yuan: Finance Chief

Danny NelsonOct 21, 2020

A cross-boundary digital yuan could bring Hong Kong closer to China, Hui said.

Internet 2030

What the History of Headphones Says About the Internet’s Future

John WolpertOct 21, 2020

What does the historical development of headphones tell us about the future of the internet?

Podcasts

PayPal Adds Bitcoin: Most Bullish News of the Year?

Nathaniel WhittemoreOct 21, 2020

PayPal will offer its U.S. customers buying and selling of crypto, with support for payments to its merchant network next year.

Podcasts

How Registered Investment Advisor ‘Downtown’ Josh Brown Talks Bitcoin With Clients

Tyrone RossOct 21, 2020

In this kickoff episode of the On Purpose podcast, host Tyrone Ross catches up with his good friend and registered investment advisor Josh Brown.

Most Influential

Who Was Crypto’s Most Influential in 2020? Vote Now

CoinDeskOct 20, 2020

CoinDesk's Most Influential list highlights those who helped advance the crypto and blockchain industries, in spite of this year's tragedies.

CBDCs

Central Bank of Bahamas Launches Landmark ‘Sand Dollar’ Digital Currency

Sebastian SinclairOct 21, 2020

The Bahamas has officially launched the world's first national digital currency, the sand dollar.

CoinDesk

Read CoinDesk’s New, Expanded Ethics Policy

Marc HochsteinSep 24, 2020

As part of our ongoing efforts to be maximally transparent and accountable to readers, CoinDesk has substantially updated and expanded its ethics policy.

Scams

Scammers Are Forging CoinDesk Emails – Here’s How to Protect Yourself

Pete PachalJul 29, 2020

Scammers are forging CoinDesk newsletters in phishing emails. Here’s how to spot them and protect yourself.

Recent

CFTC

CFTC Issues Guidance on Digital Currencies for Futures Commission Merchants

Sebastian SinclairOct 22, 2020

The CFTC wants futures commission merchants to take care when dealing with customer's funds.

Stimulus

Pelosi, Kudlow Signal Market-Moving US Stimulus May Wait Till After Election: Report

Kevin ReynoldsOct 21, 2020

With a strong correlation between stocks and the bitcoin price in recent months, analysts say a stimulus package could boost BTC as well.

Blockchain Applications

Villanova University to Send Private Ethereum Blockchain Into Space to Test Inter-Satellite Communication

Jaspreet KalraOct 21, 2020

Villanova’s project is slated for liftoff on Nov. 20 from the Vandenberg Air Force Base in California.

DeFi

Harvest Finance Doubles Total Value Locked to $704M in One Week

Muyao ShenOct 21, 2020

Harvest Finance’s dramatic growth took place during a time when enthusiasm around the DeFi space has slowly hit a wall.

Newsletters

Blockchain Bites: PayPal’s Play, Mode’s Bitcoin Buy, CoinDesk’s Most Influential Needs Your Vote

Daniel KuhnOct 21, 2020

PayPal has entered the cryptocurrency market, another publicly traded firm will buy bitcoin and Bahama unveiled its dollar-pegged CBDC.

Zcash

Privacy Coin Zcash Makes Its Ethereum ‘Wrapped’ Debut With Tokensoft and Anchorage

Ian AllisonOct 21, 2020

WZEC is the first asset to be launched by “Wrapped,” a partnership between Ethereum tokenizers Tokensoft and qualified custodian Anchorage.

CasperLabs

CasperLabs Raises $14M From Launch-Day Node Runners

Danny NelsonOct 21, 2020

Blockchain startup CasperLabs has banked $14 million from investors who pledged to secure its proof-of-stake Casper network at launch.

PayPal

Litecoin Surges After PayPal Includes It Among the Cryptos Customers Can Buy, Sell, Hold

Omkar GodboleOct 21, 2020

The ninth-largest cryptocurrency by market value initially jumped more than 10%.

USDC

USDC Is Coming to Solana Blockchain in Potential Boost for Non-Ethereum DeFi

Zack VoellOct 21, 2020

USDC moves to Solana – its fourth blockchain – one week after also landing on Stellar.

Recent

Security

Ethereum Classic’s MESS Solution Won’t Provide ‘Robust’ Security Against 51% Attacks: Report

Sebastian SinclairOct 21, 2020

A solution being implemented to safeguard against so-called 51% attacks on the Ethereum Classic (ETC) network may not be as secure as suggested, according to a new analysis.