Crypto collapse brings focus to digital assets' true value: Raghuram Rajan
'The idea that somehow cryptos are going to maintain value, while the fiat currencies collapse. That's nonsense'
Crypto news site CoinDesk hires banker to explore potential sale
The crypto industry is going through one of its worst phases, with prices of major tokens at two-year lows and a string of bankruptcy filings from top players.
ConsenSys slashes headcount 11% as chief economist reveals formula for adoption
Lex Sokolin, the chief economist at ConsenSys has rejected the idea that regulation and user experience will drive crypto adoption.
CoinDesk could be up for grabs as parent company DCG scrambles for funds
DCG has reportedly received offers for CoinDesk exceeding $200 million in recent weeks, which at a purchase price of $500 thousand would be a 39,900% return on its initial investment.
Bitzlato Crypto Exchange Seized as Founder Accused of Processing $700m in Illicit Funds
US and French law enforcement agencies have seized a Hong Kong-registered cryptocurrency exchange, Bitzlato, while also arresting its founder Anatoly Legkodymov, a Russian national who is accused of fuelling a "high-tech axis of crypto crime."
U.S. CFTC Commissioner Warns Of Risks If Crypto Firms Self-certify
A top official with the U.S. Commodity Futures Trading Commission (CFTC) on Wednesday plans to warn lawmakers against allowing cryptocurrency exchanges to self-certify with the agency to list products for trading.
DoJ Announces Action Against Bitzlato Crypto Exchange, Arrest of Founder
The U.S. Department of Justice has announced its enforcement action against the Hong Kong-based cryptocurrency Bitzlato.
Coinbase to Halt Operations in Japan
Coinbase Global has announced it is halting operations in Japan amid volatile market circumstances.
C-C-C-Combo breaker: Bitcoin ends 'ridiculous' 14-day winning streak
Bitcoin’s (BTC) 15-day positive price movement record from November 2013 wasn’t beaten, but a new second-place win streak has been posted for the cryptocurrency.
Bitcoin’s Correlation With Equities Drops to 1-Year Low
Following a strong rally in the cryptocurrency market over the past week, the correlation between BTC and U.S. equities has been declining.
Ripple CEO: XRP lawsuit resolved by June, SEC conduct 'embarrassing'
Ripple’s CEO Brad Garlinghouse believes its ongoing lawsuit with the U.S. Securities Exchange Commission (SEC) will reach an outcome soon, adding that a settlement with the “embarrassing” SEC is unlikely.
Aussie 'Big 4' bank mints stablecoin for carbon trading and remittances
The National Bank of Australia is the latest of Australia’s “Big 4” banks to roll out a privately-issued stablecoin, which will aim to more efficiently process cross-border remittances and tokenize carbon credits for trading purposes.
