You might have heard of bitcoin's "lightning network," but don't know what's going on with it right now. Who are the mysterious big players behind this magical technology that allegedly solves all of bitcoin's problems?  Lightning is one of the most promising technologies in the space right now, even...
Plaintiffs in three separate putative class action lawsuits against Bitfinex and Tether have moved to consolidate their cases, according to a Thursday court filing.Court filings by David Leibowitz et al, Eric Young et al, and Bryan Faubus et al, accuse the sister companies of manipulating the crypto markets....
This is part of a series of op-eds previewing the World Economic Forum in Davos, Switzerland. CoinDesk will be on the ground in Davos from Jan. 20–24 chronicling all things crypto at the annual gathering of the world’s economic and political elite. Follow along by subscribing to our pop-up newsletter, CoinDesk...
Amid increasing activity within the crypto derivatives market, software maker Trading Technologies (TT) announced Wednesday it would provide trading tools to users of leading crypto exchange, Deribit. Included in the suite are advanced order types, charting and analytics as well as access to a feature allowing users to...
New Hampshire legislators have scrapped a bill that would have allowed state agencies to accept cryptocurrencies for tax payments.On Jan. 8, the New Hampshire House of Representatives accepted a motion from the General Court's Executive Departments and Administration Committee stating that the tax bill was "inexpedient to legislate"...
Later this year, the U.S. Department of Defense (DoD) will give a report to Congress about ways in which blockchain technology might enhance the work of the U.S. military.The D.C.-based Value Technology Association (VTA) helped lead the charge in requiring DoD to put together such a hearing, VTA...
New Jersey Office of Homeland Security and Preparedness Director Jared Maples predicted Wednesday that domestic terrorists will increasingly turn to bitcoin.Speaking during a U.S. House Financial Services Committee monetary policy sub-committee hearing in Washington, Maples said domestic terrorists find value in bitcoin's and other cryptocurrencies’ security and masked...
First Bitcoin Capital Corp. wants to unite the providers of bitcoin ATMs around the world.His plan: link thousands of ATMs run by dozens of often small-time operators with a comprehensive know-your-customer, transaction monitoring and regulatory compliance solution that streamlines every aspect of the back-end business.“We want to create...
More than half of financial advisors in the U.S. are too spooked by regulatory uncertainty to initiate or expand their cryptocurrency investments, a new study by Bitwise Asset Management found.The annual survey, released Tuesday, asked 415 advisors a range of questions on their crypto sentiments, including where they...
The price of bitcoin (BTC) has risen once again after a successful launch of CME’s bitcoin options surpassed rival Bakkt on its BTC futures contracts in the first day of trade volume.On Jan. 14 at around 00:30 UTC, the price of the world’s largest cryptocurrency by market value...