First Mover: Ethereum’s Transition to Staking Could Push More Traders to Use Derivatives

As Ethereum starts its multiyear transition to a "staking" network, analysts say a reduction in token liquidity may push traders to derivatives markets. 

BnkToTheFuture Steps Away From Banks Citing Mounting Risk to Clients’ Assets

The online investment platform is moving clients' crypto and fiat assets to a Hong Kong-based trust company.

Dark-Web Vendor and Pharmacist Charged With Trafficking Drugs Worth $270M in Bitcoin

The two men allegedly shipped opioids into the U.S. and sold them on the dark web for millions in bitcoin.

Square Crypto, Human Rights Foundation Ramp Up Bitcoin Development Grants

Square Crypto and the Human Rights Foundation are continuing their support for an open source Bitcoin developer community with new contributor grants.

Missouri Man Pleads Guilty to Trying to Buy Chemical Weapons With Bitcoin

The chemicals, though never delivered, would have been potent enough to kill 300 people, prosecutors say.

Market Wrap: Bitcoin Flat at $11.2K; DeFi Has Highest Volume Month Ever

A weak bitcoin market is not stopping Ethereum-powered DeFi growth.

Can Social Media Be Redeemed? Feat. Bobby Goodlatte

An early Facebook product designer-turned angel investor discusses how social media has changed and whether it can be changed again for the better.

SEC Seeking ‘Smart Contract’ Tracing Tool That Can Spot Security Vulnerabilities

The federal securities watchdog has taken an interest in DeFi's most basic building block.

Decentralized Exchange dYdX Debuts Ether Perpetual Swaps

Perpetual swaps that track the price of ether are coming to dYdX, the company announced Tuesday.

There’s Now an Accelerator Exclusively for DeFi Startups

The Chicago DeFi Alliance (CDA) just launched one of the first accelerator programs devoted entirely to DeFi crypto startups.

Blockchain Bites: XRP Sales, INX IPO and Bitcoin Mining Woes

China's bitcoin miners are in a rut during a period of intense flooding, Ripple shows signs of sales growth and INX scaled down its IPO vision.

Bitcoin News Roundup for August 4, 2020

With investment opportunities in traditional markets drying up, bitcoin futures are drawing record interest. CoinDesk's Markets Daily is back for your bitcoin news roundup!

What People Who Aren’t Bullish on Bitcoin Still Like About It

Working with open-source software changes the development process, according to this researcher who interviewed hundreds of technologists across projects.

First Mover: As Fed Nears Inflation Rubicon, Analysts See $50K Bitcoin in Play

The Federal Reserve appears ready to pursue yet another untested strategy that could ultimately boost inflation – and possibly prices for bitcoin.

INX Scales Down US IPO Target to $117M – Still Set to Be Crypto’s Largest

The cryptocurrency and security token exchange has filed an updated IPO prospectus with the SEC, lowering the maximum expected raise and proposing a new launch date.

Bitcoin Futures Interest Soars as Bond Yields Fall to Record Lows: Industry Exec

Surging open interest in crypto derivatives suggests investors are seeking alpha in other investments, like bitcoin, said the co-founder of an index fund provider.

Bison Trails Hires Ex-Goldman Sachs VP as Legal Head

Blockchain infrastructure provider Bison Trails has hired BlockTower Capital’s former compliance director to be its first general counsel.

Chinese Ex-Banker Says Digital Currency Should Replace Fiat Money

A former vice president of the Bank of China has argued digital currency should replace fiat in the nation's financial systems.