PayPal Co-Founder, DCG-Backed BTC Mining Firm Layer1 Accused of Patent Infringement

Data center power management firm Lancium filed a lawsuit against Layer1 today, alleging that the BTC mining firm’s operations had infringed upon its patent.

Longtime Analyst Bove Says Cryptocurrency Is One Challenge to Dollar’s Dominance

The noted analyst says a possible end to the U.S. dollar-ruled financial system is "frightening, yet the probability is quite high."

Blockchain Bites: Ripple’s Rebuff, DeFi’s ‘Degens’ and China’s CBDC

Both the U.S. and China are advancing on their central bank digital currency (CBDC) designs while a Bitcoin developer created a new programming language.

Bitcoin News Roundup for Aug. 14, 2020

With traditional finance and crypto traders both enjoying market madness, CoinDesk's Markets Daily is back with your latest crypto news roundup!

Crypto Exchange INX Plans $117M US IPO With Small Israeli Underwriter

Crypto exchange INX has told the SEC its upcoming IPO will be underwritten by a relatively low-profile Israeli company called A-Labs.

First Mover: As Wall Street Goes Topsy-Turvy, Crypto Traders Are Bullish as Ever

Crypto traders are enjoying their own version of the market’s madness, from bitcoin’s bull run to the collapse of YAM to Dave Portnoy.

Marathon Signs New $23M Contract With Bitmain for 10,500 Bitcoin Mining Rigs

The $23 million purchase will see Marathon's bitcoin mining capacity increase drastically, turning it into one of the largest miners in North America.

Singapore’s Central Bank Backs New Code of Practice for Crypto Companies

The guidance is aimed at assisting regulatory compliance and enhance crypto industry conduct under the city-state's payment laws.

Ripple CEO Hits Out at Reports Claiming Firm Is Pivoting From Interbank Payments

The CEO of Ripple Labs, Brad Garlinghouse, has criticized the Financial Times for saying his company plans to move away from interbank payments.

Attorney Ordered to Pay Out $5.2M for Bitcoin Escrow Mishap

The New York attorney released the funds without authorization and lost investment firm Benthos Master Fund $4.6 million intended for a bitcoin purchase deal.

China to Launch Major Expansion of Digital Currency Trials

China is said to be planning additional testing of its digital yuan across a number of developed regions including Hong Kong.

Boontech, Founder Pavithran Settle SEC Charges Over Fraudulent ICO and Registration Violations

Marketed as a “decentralized job marketplace,” Boontech and founder Rajesh Pavithran have settled charges of fraud and registration violation brought by the SEC.

Congressman Tom Emmer to Lead First-Ever Crypto Town Hall

Minnesota congressman Tom Emmer will lead the first-ever cryptocurrency town hall celebrating digital asset innovators, to be held virtually on Aug. 20.

Doctor Who to Enter the Cryptoverse as BBC Plans Trading Card Game on Ethereum Blockchain

BBC Studios has licenced its iconic show Dr. Who to U.K.-based Reality Gaming Group to build a digital trading card game on the ethereum blockchain.

Epic Games Blasts Apple’s ‘Anti-Competitive’ Payments Practices in Lawsuit

The Fortnite developer says in-app bitcoin and crypto payments could flourish if not for Apple's payments monopoly.

Market Wrap: Stuck at $11.5K, Bitcoin Surpasses 25K Locked in DeFi

A dull bitcoin market contrasts with increasing use of the cryptocurrency in DeFi applications.

Writing Bitcoin Smart Contracts Is About to Get Easier With New Coding Language

Bitcoin smart contracts are tricky. Minsc, a new language created by Bitcoin developer Nadav Ivgi, is making them easier to write.

US Postal Service Envisions Blockchain-Backed Mail-In Voting

Whether the USPS intends to experiment with its mail-in voting system was unclear Thursday.