Bitcoin mining giant Bitmain’s co-founder Micree Zhan, who was abruptly ousted from the company last week, said he’s going to take legal action to secure his return to the firm. In a letter posted on his WeChat...
Blockchain startup Nervos Network plans to launch its “Lina” blockchain next week, on the heels of securing $72 million through a token sale on Coinlist. The company announced Wednesday that developers and miners will be able to...
The U.S. Congress will soon vote on a bill providing new information about the Commodity Futures Trading Commission’s (CFTC) authority over the cryptocurrency derivatives markets. A provision in the 2019 CFTC Reauthorization Act clarifies how the regulator...
MEXICO CITY – The Stellar Development Foundation has burned 55 billion of its XLM tokens, over half the cryptocurrency’s supply, CEO Denelle Dixon announced from the stage of the Stellar Meridian conference Monday. Previously, there had been...
The UK’s tax agency has issued cryptocurrency tax guidance for businesses, following up a year-old promise. After clarifying the situation last year for individual taxpayers, Her Majesty’s Revenue & Customs (HMRC) issued guidance Friday for businesses and enterprises for...
Australian-born technologist Craig Wright has attested that he cannot finance his court settlement negotiated with the Kleiman estate. According to a court document filed in the Southern District of Florida Oct. 30, Wright pulled out of the...
Australian-born technologist Craig Wright has attested that he cannot finance his court settlement negotiated with the Kleiman estate. According to a court document filed in the Southern District of Florida Oct. 30, Wright pulled out of the...
Accounting and business consulting firm Armanino launched a new blockchain-based tool Wednesday promising firm-originated financial audits in seconds. Called TrustExplorer 2.0, the product is one of several promising to overturn how accounting is done within companies. Which is...
Noelle Acheson is a veteran of company analysis and CoinDesk’s Director of Research. The opinions expressed in this article are the author’s own. The following article originally appeared in Institutional Crypto by CoinDesk, a weekly newsletter focused...
The U.S. Securities and Exchange Commission (SEC) said it has reached a settlement with Reggie Middleton, organizer of the fraught $14.8 million Veritaseum (VERI) initial coin offering (ICO). In a filing with the New York Eastern District Court,...