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Bitcoin Halving May 12

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Twitter Hack 2020

Twitter Hacker Owns $3.4M in Bitcoin, Court Sets Bail at $725K

Paddy BakerAug 3, 2020

Twitter hack alleged ringleader Graham Clark, the subject of a previous criminal investigation, had bail set at $725,000 at his first court appearance Saturday.

Venture Capital

Electric Capital’s New $110M VC Fund Is 90% Institutions

Zack SewardAug 3, 2020

Crypto VC firm Electric Capital has closed its second fund at $110 million. Of the money raised, 90% of it is institutional capital.

Ponzi Schemes

Inside a Crypto ‘Ponzi’: How the $6.5M Banana.Fund Fraud Unravelled

Danny NelsonAug 3, 2020

U.S. authorities are trying to return $6.5 million in bitcoin and tether to the victims of an alleged Ponzi scheme.

Africa

Where FATF Crypto Compliance Gets Interesting: Africa

Ian AllisonAug 3, 2020

Crypto businesses seeing strong growth across the 54-country continent are working hard to meet the FATF's anti-money laundering standards.

Bitcoin

Bitcoin Investors Unshaken by Sunday’s Flash Crash, Data Suggests

Omkar GodboleAug 3, 2020

Bitcoin investors look to have shrugged off Sunday’s sudden $1,400 price crash.

DeFi

Huobi Hires Former Banking Giant Executive to Lead New DeFi Fund

Wolfie ZhaoAug 3, 2020

The crypto exchange group is forming a new fund to invest tens of millions of dollars in the DeFi space.

Antitrust

Zephyr Teachout: Take Back the Economy From Economists

Benjamin PowersAug 3, 2020

Law professor Zephyr Teachout discusses the recent antitrust hearings, how power impacts privacy and the "parallel governments" that Big Tech has created.

Markets

First Mover: July Was a Runaway Month for Crypto Returns

Bradley Keoun Omkar GodboleAug 3, 2020

Crypto traders didn't have to be choosy to make money in July, when every digital asset in the CoinDesk 20 rose (except, of course, for the stablecoins).

Gaming

Charlie Lee, Adam Back Lead $3.1M Private Token Raise for Blockchain Game Infinite Fleet

Sebastian SinclairAug 3, 2020

A game developed by Samson Mow's Pixelmatic has completed a $3.1 million private SAFT sale of tokens.

Opinion

Money Reimagined: Let’s Be Privacy Scolds

Marc Hochstein Galen Moore Pete PachalJul 31, 2020

Technical solutions to protect financial privacy may not suffice. Stronger cultural norms around minding one’s own business are needed as well.

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Hack

Crypto Firm Hacked for $1.4M Admits It Will Struggle to Reimburse Users

Paddy BakerAug 3, 2020

Madrid-based payment app and card issuer 2gether said it can only reimburse investors with its native tokens following Friday’s hack.

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Ransomware

Travel Management Firm CWT Pays Out $4.5M in Bitcoin After Ransomware Attack

Sebastian SinclairAug 3, 2020

The U.S. firm paid out a ransom of 414 bitcoin after its corporate files were locked up by the Ragnar Locker malware.

Opinion

Five Years In, DeFi Now Defines Ethereum

DeFi DadAug 1, 2020

Ethereum has always struggled with explaining itself to the world. With DeFi, it's found not only a new avenue of development but of self-definition.

Podcasts

Why This Sex Industry Executive Loves Bitcoin

Leigh CuenAug 1, 2020

“We accept 20 different cryptocurrencies for token purchases. The most popular ones are bitcoin, ethereum and litecoin,” Lara said.

DeFi

Crypto Long & Short: Does Decentralization Create Value or Destroy It?

Galen MooreAug 2, 2020

This week, bitcoin rallied past $11,000 and value in DeFi climbed toward $4 billion. But what's the point of crypto if regular markets are just as volatile?