CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

May 24

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Mike Novogratz’s Galaxy Digital Said to Be in Talks to Buy Crypto Custodian BitGo

Ian AllisonApr 20, 2021

A deal between the asset manager and the crypto custodian is close to being finalized, sources tell CoinDesk.

Market Wrap

Market Wrap: Bitcoin Flat at $56.7K, Ether Rises and It Wasn’t Dogeday’s Afternoon

Daniel CawreyApr 20, 2021

Bitcoin price takes a pit stop with ether and dogecoin stealing the spotlight.

Bloomberg

DOGE Army Retreats, Tail Between Legs, as Dogeday Ends With 21% Drop

Damanick Dantes Omkar GodboleApr 20, 2021

The DOGE frenzy appears to have spread to decentralized finance, where several imitator tokens have chalked up staggering single-day gains.

Learn

Buying Dogecoin on 4/20? 3 Fundamental Risks to Consider

Ollie LeechApr 20, 2021

Cut through the memes, celebrity endorsements and today's weed-themed marketing campaign and you'll find a coin with unlimited supply and sparse technical development.

WeWork

WeWork Accepting Crypto as Form of Payment

Tanzeel AkhtarApr 20, 2021

The office-sharing provider will hold the cryptocurrency on its balance sheet and pay landlords and third-party partners in crypto.

Solana

Solana Bucked Bitcoin Sell-Off; Upstart Blockchain Challenges Ethereum on Speed, Fees

Muyao ShenApr 20, 2021

Solana's SOL tokens have jumped 17-fold in price this year, for a market capitalization over $8 billion.

Tether

During Bitcoin’s Latest Price Crash, ‘Tether Premium’ Shows Where Money Went

Muyao ShenApr 20, 2021

The stablecoin's price in dollars surged during the recent market correction to the highest since the "Black Thursday" sell-off in March 2020.

Brian Brooks

Binance.US Hires Former Bank Regulator Brian Brooks as CEO, Former Head Coley to Depart

Zack Seward Nate DiCamilloApr 20, 2021

The Trump administration's Acting Comptroller of the Currency has joined the U.S. affiliate of the world's largest crypto exchange.

Podcasts

Governments Banning Bitcoin? Not So Fast as Former Regulators Brooks and Giancarlo Join Crypto Companies

Nathaniel WhittemoreApr 20, 2021

Despite the FUD, the prospects for bitcoin and crypto in a broader regulatory context have never looked brighter.

Opinion

The Node: Dogecoin Is a Joke, Get Over It

Ben SchillerApr 20, 2021

Save the internet intellectualizing for another day.

Opinion

Bitcoin and Gold Are Complementary Investments

Russell StarrApr 20, 2021

Crypto and gold aren't in zero-sum competition for investors' attention, says Russell Starr, CEO of Trillium Gold Mines.

Luxury

Louis Vuitton, Cartier, Prada to Use Bespoke Blockchain to Tackle Counterfeit Goods

Tanzeel AkhtarApr 20, 2021

A private network developed in partnership with ConsenSys will undergird the Aura Blockchain Consortium.

News

Introducing CoinDesk Indexes

Galen MooreApr 20, 2021

CoinDesk is now the home for the industry standard in crypto benchmarks.

Consensus 2021

4 Ways to Stay Safe in Crypto

Ollie LeechApr 20, 2021

Online safety is paramount in this digital age, especially when investing and storing wealth in crypto assets.

Watch

watch

PayPal Expands Its Crypto Offerings to Its Venmo Payments App

Apr 20, 2021

PayPal’s Venmo is the latest payment app to embrace crypto, allowing its users to buy, hold and sell bitcoin and other currencies. “The Hash” panel digs into PayPal’s continued big bets in cryptocurrency and the future of mainstream payment options.

Recent

Bitcoin Markets Analysis, What Brian Brooks Will Bring to Binance.US

Another big crypto exchange is making big moves. Just one week after Coinbase made its Wall Street debut, Binance.US announces it has hired former acting Comptroller of the Currency Brian Brooks to be its new CEO. Brooks comments on his new role. Julian Sawyer, CEO of Bitstamp, one of the world's oldest exchanges, joins "All About Bitcoin" to weigh in on this and other industry news. Plus, Gerber Kawasaki's Brett Sifling with bitcoin markets analysis.

3 hours ago

Media

Time Now Accepts Crypto as Digital Subscription Payment

Cameron Hood4 hours ago

The 98-year-old magazine is the latest media brand to expand into the cryptocurrency space.

Hacks

DeFi Protocol EasyFi Reports Hack, Loss of Over $80M in Funds

Jamie CrawleyToday at 4:10 p.m. UTC

A company blog post reveals that private keys to the project’s admin account had been compromised.

DOGE: The Good, Bad and Ugly; High-Profile Moves in the D.C.-Crypto Revolving Door and More

"The Hash" panel tackles today's hot topics: what investors need to know before jumping on ""Dogeday"" bandwagon, what Brian Brooks and Chris Giancarlo are now doing with the revolving door between the crypto industry and D.C. in full swing, PayPal extends its crypto offerings for Venmo users and what's the status of the Facebook-backed Diem stablecoin?

Today at 4:00 p.m. UTC

India

Firms Like Ripple May Put ‘Competitive Pressure’ on Traditional Indian Banks: EY

Cameron HoodToday at 3:14 p.m. UTC

The EY paper suggests that because Ripple is faster, less expensive and more transparent it could put “competitive pressure” on India’s traditional banking system.

Coinbase

State of Crypto: Unpacking Hester Peirce’s Newest Safe Harbor Proposal

Nikhilesh DeToday at 3:13 p.m. UTC

The revised Token Safe Harbor proposal defines what a successful project would look like.

Privacy

A16z Leads $28M Funding Round for Data Privacy Platform Aleo

Benjamin PowersToday at 3:00 p.m. UTC

Aleo’s pitch is about building out a web platform that leverages zero-knowledge proofs (ZKPs).

Podcasts

Bitcoin News Roundup for April 20, 2021

Adam B. LevineLyllah LedesmaToday at 3:00 p.m. UTC

With BTC pushing past $55K, dogecoin reaching record highs and a look at the coming era of consolidation, CoinDesk’s Market Daily is back with the latest news roundup.

Decentralized Storage

Multicoin Leads $2M Round in Storage Startup

Tanzeel AkhtarToday at 2:00 p.m. UTC

Filebase wants to help developers tap into all those decentralized storage networks that keep popping up.

Recent

Ethereum

Swiss Exchange SDX Joins Enterprise Ethereum Alliance, Looks Beyond R3 Corda

Ian AllisonToday at 1:45 p.m. UTC

“You cannot ignore the Ethereum ecosystem as a driver of digital asset flow,” said SDX chief Tim Grant.

Christopher Giancarlo

Ex-CFTC Chair Chris Giancarlo Joins BlockFi Board of Directors

Danny NelsonToday at 1:03 p.m. UTC

The former top U.S. commodities regulator has joined BlockFi’s board of directors, the crypto lender announced Tuesday.

DeFi

Balancer Labs Offers $2M Bug Bounty to Spot Vulnerabilities

Sandali HandagamaToday at 1:00 p.m. UTC

Balancer Labs wants to know about any vulnerabilities in its V2 Vault architecture, available Tuesday.

DeFi

Conflux Launches Cross-Chain Bridge to Connect Asia’s Largest Crypto Exchanges

Sandali HandagamaToday at 1:00 p.m. UTC

Users on Ethereum, Binance Smart Chain, Huobi ECO Chain or OKEx Chain would be able to convert digital assets on one of these networks to an identical asset on a different chain.

Brian Brooks Discusses His New Job as Binance.US CEO, Hester Peirce on the Updated ‘Safe Harbor’ Proposal

The crypto world reacting to big breaking news today as it learns Binance.US has hired former acting Comptroller of the Currency Brian Brooks to be its new CEO. Brooks joins "First Mover" to discuss his new role. Also, SEC Commissioner Hester Peirce discusses the update she has made to her 'safe harbor' proposal. Charlie Morris of ByteTree with crypto markets analysis, and Riot Blockchain's Jason Les explains the significance of the drop in the Bitcoin network's hashrate.

Today at 1:00 p.m. UTC