By Peter Kacherginsky, Mark Nesbitt, Joel Kenny, Don Yu In this post we continue our coverage of solutions for the Capture the Coin competition that we ran during Defcon 2019. We will focus on the five challenges in the Blockchain category covering a variety of topics such as Bitcoin Scripting, cryptocurrency malware, Ethereum smart contracts, and wallet forensics. By Mark Nesbitt When someone says that they “own” a certain number of bitcoins, what that means is that they are capable of signing a valid transaction that sends that number of…
Day: December 6, 2019
Introducing DAI, the first stablecoin on Coinbase Card
By JD Millwood, Head of Growth Marketing Today, we launched full support for DAI — the first stablecoin available on Coinbase Card. Paying with a stablecoin brings something new to the Coinbase Card experience and using a cryptocurrency with stable purchasing power gives more opportunity and choice to customers. For customers wanting to spend crypto with less volatility, DAI could be the answer. DAI aims to always be worth one US Dollar, which offers more certainty to customers when picking up last-minute Christmas gifts, rounds of mulled wine for the…
SEC Reveals Telegram’s Communications With Investors, Seeks to Question Advisor
The U.S. Securities and Exchange Commission (SEC) wants Telegram’s former chief investment advisor to testify and hand over documents related to the company’s $1.7 billion 2018 token sale. Author: Anna Baydakova Source link
Surprise! Millennials Embrace Bitcoin While Boomers, Gen-Xers Hold Traditional Wealth
Charles Schwab has released its Q3 investment indicator report, a quarterly report that breaks down investment allocation across the firm’s brokerage accounts. It corroborates what most of us have known for a while now: Millennials are more attuned to the value of bitcoin than their Gen-X and Boomer counterparts. According to the report, the Grayscale Bitcoin Trust (GBTC) was the fifth most popular equity across Millennial accounts managed by the brokerage firm, representing 1.84 percent of all assets held under management for the age group. Millennials represent 12.9 percent of…
State Street: 38% of Clients Will Put More Money into Digital Assets in 2020
The firm will have a better idea of what it will do with digital asset custody in 2020, he said at an event sponsored by the bank Thursday in New York. After custody, State Street is interested in looking at fund administration, private placements, issuance and trading of digital assets, he said. Author: Nathan DiCamillo Source link
Bank of China Issues $2.8B in Bonds for Small Businesses Using Blockchain Tech
The bond issuance is part of the country’s effort to support entrepreneurs with more efficient access to capital. As of September, the bank has lent 404 billion yuan ($57.7 billion) to more than 410,000 small and micro sized enterprises, the bank said. Author: David Pan Source link
MARKETS DAILY: Planning a Run on ‘Bitcoin Banks’?
With markets mixed but mostly down, we’re looking at Deutche Bank’s 2030 crypto call, the movement encouraging an annual bitcoin exchange “bank run”, and Enjin’s Microsoft-fueled rally Author: Adam B. Levine Source link
Asset Manager Secures SEC Approval to Create Novel Bitcoin Futures Fund
“As a result of this engagement, we are at the point that a registered closed-end interval fund with a bitcoin futures strategy is preparing to launch,” she said. “To reach this point, the fund first responded to each of the issues identified in the staff letter.” Author: Nikhilesh De Source link
Key Bitcoin Price Indicator Turns Bearish, But It May Not Be Bad News
Disclaimer Read More The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. This article is intended as a news item to inform our readers of various events and developments that affect, or that might in the future affect, the value of the cryptocurrency described above. The information contained herein is not intended to provide, and it…
Microsoft Collaboration Fuels 50% Rally for Enjin’s Cryptocurrency
Enjin coin (ENJ) started to rise sharply from Wednesday afternoon (UTC) as news spread of a rewards scheme from the tech giant that uses Enjin technology and the ethereum blockchain. Known as Azure Heroes, the scheme rewards community members with crypto collectibles (or NFTs) for good deeds, such as mentoring, providing demos, creating content and more. Author: Sebastian Sinclair Source link