Category Archives: CoinDesk

Apple Co-Founder Steve Wozniak Joins Crypto Startup Equi: Report

Apple co-founder Steve Wozniak said Tuesday that he’s now working with investment-focused crypto startup Equi, though his role is as yet unclear.

Big Investors Deny Involvement In Crypto Miner Bitmain’s Pre-IPO Funding

Following reports of Bitmain closing a $1 billion pre-IPO investment round, some notable investors have disputed their alleged participation.

eToro to Pay for Major UK Soccer Sponsorship Deal With Bitcoin

Online investment platform eToro has inked a deal that will see it use bitcoin to pay for sponsorship at seven Premier League soccer teams.

Rally Ahead? Bitcoin’s Price May Be Charting a Previous Bull Pattern

History often has a way of repeating itself. The current price pattern in the bitcoin market is eerily similar to the one observed in the run-up to a major rally that occurred on April 12. To start with, bitcoin charted a long-tailed candle on Aug. 14, similar to the one seen on Apr. 1, signaling the sell-off from the July… Read More »

Energy Firm Discloses Major Crypto Losses Amid Blockchain Rebrand

An energy firm that is publicly traded in Hong Kong and chaired by a Chinese billionaire is planning to rebrand itself as a blockchain company despite having lost millions investing in cryptocurrencies. Called Global Energy Resources International Group, the firm filed a proposal with the Hong Kong Stock Exchange on Monday indicating it seeks to change its Chinese… Read More »

Threats Fly As Fight Over $200 Million Siacoin’s Crypto Code Intensifies

An effort to keep the $200 million siacoin blockchain free from corporate interests is devolving into chaos amid accusations against the companies at the center of the effort. At issue is the conduct of the protocol’s coders, and the motivations behind their push to alter the rules of the blockchain they maintain. With a proposal, introduced last week,… Read More »

Tron’s BitTorrent Acquisition Triggers String of Employee Exits

At least five employees have left BitTorrent, the peer-to-peer networking pioneer, following its June acquisition by Justin Sun, the founder of the controversial blockchain protocol Tron, CoinDesk has learned. According to multiple sources with direct knowledge of the acquisition and company operations, the departures were related to concerns about the acquisition, as well as the direction proposed for… Read More »

US Government Grants $800K to Blockchain Researchers

The U.S. government will help fund a distributed ledger platform being developed by researchers at the University of California-San Diego. Subhashini Sivagnanam, a researcher and software architect with the Data Enabled Scientific Computing division at the San Diego Supercomputing Center, won $818,433 from the National Science Foundation (NSF) to develop the Open Science Chain (OSC), a proposed distributed… Read More »

Senior BitConnect Promotor Arrested by Indian Authorities

A promoter of the controversial cryptocurrency platform BitConnect was arrested on August 19, according to a local news outlet in India. Former BitConnect India head Divyesh Darji was arrested at Indira Gandhi International Airport in New Delhi on Sunday, the India Express reported. The Criminal Investigation Department of Gujurat police announced they arrested Darji after receiving an alert… Read More »