Tag Archives: CoinDesk

Bitcoin Meets Netflix? Laolu Is Building a Lightning-Powered App for That

Bitcoin Meets Netflix? Laolu Is Building a Lightning-Powered App for That

A principal developer of the Lightning Network, Olaoluwa “Laolu” Osunokun is understandably interested in tools that could be made possible by bitcoin. But while most developers have been focused on ironing out bitcoin’s much-discussed protocol-level problems, Osunokun is taking a notable step in that he is actually considering launching a production application on top of […]

New Banks Join UBS-Backed Blockchain Trade Finance Platform

New Banks Join UBS-Backed Blockchain Trade Finance Platform

Four major banks have joined a trade finance initiative launched late last year by Switzerland-based UBS and tech giant IBM. Bank of Montreal (BMO), CaixaBank, Commerzbank and Erste Group are now taking part in the project, which is being built on top of the open-source Hyperledger Fabric framework. The platform, dubbed Batavia, was first unveiled in […]

Two More Bitcoin Futures ETFs Are Up for SEC Approval

Two More Bitcoin Futures ETFs Are Up for SEC Approval

A Maryland-based exchange-traded fund (ETF) firm has filed to launch two new bitcoin futures-based products. According to a Form S-1 dated September 27, ProShares Capital Management wants to create two bitcoin-tied funds: the ProShares Bitcoin ETF and the ProShares Short Bitcoin ETF. Like other proposed ETFs that have emerged in recent months, ProShares isn’t planning […]

Accenture Awarded Patent for ‘Editable Blockchain’ Tech

Accenture Awarded Patent for ‘Editable Blockchain’ Tech

Accenture has been awarded a patent tied to its work on an “editable blockchain.” First unveiled last year, the professional services firm sought to create a permissioned blockchain that would allow parties to alter data in the event of errors or fraud. It was a move that stoked criticism from some observers, including some who questioned why a […]

Regulated ICOs Arrive: Overstock to Open Exchange for Legal Token Trading

Regulated ICOs Arrive: Overstock to Open Exchange for Legal Token Trading

Get ready for regulated token trading. Announced today, tØ, the capital markets arm of Overstock‘s blockchain-focused subsidiary Medici, is launching a first-of-its-kind alternative trading system (ATS) that will provide a platform for the exchange of cryptographic tokens categorized in the U.S. as securities. A joint venture with RenGen (a fintech firm that will serve as […]

Gold Dealer Sharps Pixley Begins Accepting Bitcoin

Gold Dealer Sharps Pixley Begins Accepting Bitcoin

A well-known gold dealer based in London is now accepting bitcoin payments for its precious metal products. The company, Sharps Pixley, announced on September 26 that it would begin accepting the cryptocurrency through a partnership with payments processor startup BitPay. In statements, representatives from the firm framed the move as a way to offer wealthier […]

Vivid History: ‘How Money Got Free’ Is the Untold Story of Bitcoin

Vivid History: ‘How Money Got Free’ Is the Untold Story of Bitcoin

I have long suspected, owing to its sheer brilliance and idiosyncratic beauty, that bitcoin was in fact brought here by aliens from another planet. Brian Patrick Eha’s vivid history of bitcoin, “How Money Got Free: Bitcoin and the Fight for the Future of Finance,” which captures in thrilling journalistic fashion what I experienced in my […]

Nebraska Lawyers to Begin Accepting Bitcoin Following State Panel Approval

Nebraska Lawyers to Begin Accepting Bitcoin Following State Panel Approval

The lawyer who asked a Nebraska state legal ethics board about accepting bitcoin as payment says his practice will soon begin taking the cryptocurrency. As CoinDesk previously reported, the Nebraska Lawyers’ Advisory Committee was asked if lawyers could accept bitcoin from either a client directly or through a third party. That request also queried whether […]

Y Combinator President Calls ICOs A ‘Bubble’ – But His Firm Might Use Blockchain

Y Combinator President Calls ICOs A ‘Bubble’ – But His Firm Might Use Blockchain

Y Combinator, the Silicon Valley-based startup accelerator, is looking at blockchain as a possible way to boost access for investors. Sam Altman, who serves as president of the accelerator, highlighted the plan during this week’s TechCrunch Disrupt event in San Francisco. While the strategy appears to be in the early stages, the initiative nonetheless reveals […]

Blockchain Truce? Putin’s Internet Adviser Calls for US-Russia Cooperation

Blockchain Truce? Putin’s Internet Adviser Calls for US-Russia Cooperation

An adviser to Russian President Vladimir Putin has a strong message for state governments: stop competing for blockchain dominance. As China, Russia, the U.S. and other countries around the globe seek to distinguish themselves in the way they regulate their approach to blockchain and cryptocurrencies, Herman Klimenko said that global superpowers should unite to create […]