Technology

New York governor Andrew Cuomo wants to give the Department of Financial Services (NYDFS) more powers in regulating certain licensed entities, including cryptocurrency startups. Cuomo presented his 2020 “state of the state” plan on Wednesday, publishing a 321-page list of proposals including a new look at exemptions that currently exist for certain consumer financial products
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The conversation about whether bitcoin is a safe haven asset continues in the wake of Iranian missile strikes, which saw the price of BTC both surge and retrace in parallel with crude and gold. To help explain what’s going on, we feature comments from Ikigai Asset Management’s Travis Kling.  Also in today’s episode, we look
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A recent academic study says Tezos is threatened by “selfish mining,” providing a valid threat model for other live and up-and-coming proof-of-stake (PoS) cryptocurrencies. That’s the finding from Selfish Behavior in the Tezos Proof-of-Stake Protocol, published last November by then-Harvard researcher and current Google engineering intern Michael Neuder. The paper from Neuder and other Harvard
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Enterprise software vendor R3 has won a patent for a blockchain-based record system designed to make corporate information-sharing more efficient. Awarded Tuesday by the U.S. Patent and Trademark Office, the patent describes a “system and method for managing transactions in dynamic digital documents” that would provide companies with a shared distributed ledger to supply relevant
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Last week, the US government took out a key Iranian military leader. As the world – and the markets – reacts to the news, some are asking what happens with bitcoin. With global instability on the rise, will more people turn to bitcoin as a safe haven asset? Will speculators drive the price up on
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Despite the ongoing hype surrounding the growth and popularity of decentralized finance (DeFi) applications last year, gaming and gambling remain the most popular use cases for blockchain apps.  According to blockchain analytics site Dapp.com, there are approximately four times as many users for both gaming and gambling decentralized applications (dapps) than DeFi across seven different
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The past few weeks have seen multiple instances of large, centralized tech giants censoring crypto-related content and activity. Noticed in the context of the Coinbase Wallet, Apple is pushing back against anything having to do with decentralized applications (dapps). YouTube caused even more of a stir when it took down hundreds of crypto-related videos from
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CoinDesk will be hitting the world’s biggest tech show in Las Vegas and we want to see you! Join us on January 8 for an evening of brews, bitcoin, and blockchain. The event will be held at G.O.A.T. Sports Bar in Las Vegas and starts at 6pm on January 8. We’ll close up at around
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On today’s holiday episode of Markets Daily, we celebrate the new year with a classic song from the early days of bitcoin, written and performed by my good friend John Barrett. “Ode to Satoshi” may be purchased from CD-Baby or streamed on YouTube. Disclosure Read More The leader in blockchain news, CoinDesk is a media outlet that strives
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An organization that combats corporate fraud will issue guidance for firms using blockchain technology. The Committee of Sponsoring Organizations of the Treadway Commission (COSO), commonly referred to as the Treadway Commission, will issue guidance to strengthen controls over uses of blockchain in supply chain management and financial services. The Wall Street Journal reported first on
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South Korea’s central bank is organizing a task force to research central bank digital currencies (CDBCs).  Announced in a Dec. 26 report titled “Monetary Policy for 2020,” the Bank of Korea will hire experts to study the effects of distributed ledgers, cryptocurrencies and CBDCs on financial settlements and security. The group will also “keep an
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Crypto firms in Germany are getting ready to exist under a new regime.  Under a law going into effect Jan. 1 requiring digital asset custodians to be licensed, each company that currently custodies crypto and targets German clients must announce to Germany’s Financial Supervisory Authority (BaFin) its intention to get a license before April 1
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This post is part of CoinDesk’s 2019 Year in Review, a collection of 100 op-eds, interviews and takes on the state of blockchain and the world. Ouriel Ohayon is CEO of KZen Networks, maker of the keyless ZenGo crypto wallet. This year Tel Aviv played host to its first Blockchain Week, a sign that the
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One of CoinDesk’s ten most influential people of 2019, Meltem Demirors is a crypto renaissance woman, known best for investing, operating as CSO of CoinShares, and for explaining ‘shitcoins’ to Congress. In this end of year Breakdown, Meltem argues explains why the entrance of governments to the digital asset game is the most significant story
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