Marc Hochstein

Marc Hochstein joined CoinDesk as managing editor in September 2017 and is helping to lead the digital media startup's next phase of expansion. A veteran business journalist with more than 20 years experience covering financial services, Marc was most recently the editor-in-chief at American Banker, where he was responsible for some of the earliest mainstream news coverage of bitcoin and the innovations it later inspired. Marc has a small holding of bitcoin. (See: Editorial Policy)

Ethereum Co-Founder’s Polkadot Closes Token Sale, Claims $1.2 Billion Valuation

| Marc Hochstein

Polkadot has closed on a private token sale that it says values the blockchain interoperability project as a tech unicorn.

QuadrigaCX CEO Set Up Fake Crypto Exchange Accounts With Customer Funds

| Marc Hochstein and Nikhilesh De

QuadrigaCX CEO and founder Gerald Cotten reportedly created fake accounts at other crypto exchanges and funded them with his customers' money.

facebook, bitcoin

There’s a Second Token: A Breakdown of Facebook’s Crypto Economy

| Marc Hochstein

In addition to the Libra coin, Facebook's newly unveiled crypto project also involves a "Libra investment token."

Bitfinex Argues Why Judge Should Dismiss NYAG Case in Latest Court Filings

| Marc Hochstein

Bitfinex and Tether asked a judge to dismiss the New York Attorney General's case against the firms, claiming they have no customers in the state.

Bonds, Treasury Bond

NYSE Arca Seeks Rule Change to List ETF Backed by Bitcoin and T-Bills

| Marc Hochstein

NYSE Arca has formally applied to the SEC for a rule change that would let it list shares in a proposed bitcoin trust.

Beyond KYC: Regulators Set to Adopt Tough New Rules for Crypto Exchanges

| Marc Hochstein, Nikhilesh De and Anna Baydakova

Exchanges will likely have to collect information about their clients' crypto transactions under new global standards expected in June.

Facebook Hires Two of Coinbase’s Former Compliance Managers

| Marc Hochstein

Facebook has hired two Coinbase vets to work in compliance roles, and at least one is involved in the social network's blockchain effort.

RIF Launches ‘Layer 3’ Network to Scale Bitcoin-Based Smart Contracts, Tokens

| Marc Hochstein

RIF Labs, which built the RSK sidechain for tokens and smart contracts on top of bitcoin, has launched a "third layer" to help scale this technology.

SEC’s Crypto Czar Says Exchanges That List IEOs May Face Legal Risks

| Marc Hochstein and Anna Baydakova

Certain initial exchange offerings (IEOs) may be breaking U.S. securities laws, an SEC official said.

Bittrex: ‘North Korean’ Accounts Flagged by NYDFS Were South Korean

| Marc Hochstein

Crypto exchange Bittrex says New York regulators erred in identifying two of its users as North Korean.