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Crypto news by Coindesk

75% of IoT Firms Want to Add Blockchain: Survey

A majority of those companies using Internet of Things technology has adopted, or is considering adopting, blockchain.

Stellar Tried to Give Away 2B XLM Tokens on Keybase. Then the Spammers Came

What was advertised to be a $120 million giveaway will now be much less. Here's why.

Accenture Picked to Build Sweden’s E-Krona Digital Currency Pilot

Sweden has picked Accenture to handle its e-krona digital currency pilot.

Highest in 2 Years: 65% of Bitcoin Hash Power Is in China, Report Finds

For all of bitcoin’s promise of being the world’s first decentralized, peer-to-peer cryptocurrency, 65 percent of the total hash power resides in China, according to a recent report by CoinShares Research.

Why the ECB Is Getting in on the Stablecoin Game

Discussing the ECB's recent stablecoin comments, the resurfacing of some prominent 2017 token projects and a debate: Is crypto for criminals?

VeChain Foundation Hacked for $6.5M in VET Token Theft

A VeChain buyback wallet containing 1.1 billion VET was compromised by an unknown hacker, the firm said Friday.

Bitcoin App Bottle Pay Shuts Down Over Impending EU Money-Laundering Laws

Bottle Pay is shutting down, citing the EU's new AML rules, which could compel crypto wallet providers to collect KYC info from users starting next month.

It’s Time to Walk-the-Talk on Decentralized Governance

Truly decentralized governance needs to take input from all stakeholders, which requires strong personalities to share the podium.

‘Request for Exhumation’: QuadrigaCX Creditors Ask for Proof That Cotten Is Dead

Creditors of QuadrigaCX have asked the Royal Canadian Mounted Police to exhume and conduct an autopsy of the failed exchange’s founder, Gerald Cotten.

MARKETS DAILY: Russian Drugs and The Most Illegal ICO Ever?

With bitcoin recovering after four straight days of decline we're talking about what may be the most illegal ICO ever, tokens for Mongolian taxi fares, Bitmain’s Texas hedge and one "suicidal" startups surprising success...

German Bank Launches Digital Assets Unit to Offer Custody Products

Berlin-based solarisBank has opened a subsidiary to offer a white-labeled custody product to nonbanks interested in offering crypto products.

Can ‘Dogfooding’ Altcoins Find Real Users in 2020?

Dogfooding - or using your own product - is normal among crypto startups. Is it indicative of a lack of real demand?

New York Attorney General Calls Bitfinex’s Legal Stance ‘Deeply Perverse’ in New Filing

In a sharply worded brief, the New York Attorney General's Office has criticized the exchange's tactics in its case involving the Tether stablecoin's backing.

What DeFi Needs Next Year: Three Priorities

DeFi took off this year but it remains a small deal in the scheme of things. Here's how that changes.

‘New Risks’: Swiss Government Skeptical on Central Bank Digital Currency

A digital Swiss franc would do more harm than good and bring financial risks, according to the nation's government.

Bitcoin’s Best Ally Is Just Time: Pompliano

Pomp talks Libra, why bank-issued coins are scary, and why this time is both different and not different.

Bitcoin Risks Deeper Drop After Shallow Price Bounce

Bitcoin is again looking weak, having charted a lackluster bounce from two-week lows in the last 24 hours.

This Token Project Offered to Shut Down. Its Market Cap Shot Up $10M

Should DigixDAO completely dissolve its treasury or keep making grants to enhance the ecosystem? That's the question for token holders to decide.

Stablecoin Startup Terra Expands to Mongolia With Taxi Payment Service

Terra is partnering with a Mongolian taxi company to let residents pay for rides using a stablecoin.

US Authorities Allege SIM-Swapping Thief Bought Music Royalties, Jewelry With Crypto

Court documents allege that Pennsylvania resident Anthony Faulk hijacked a crypto company executive's phone, stealing crypto and using the proceeds for an expensive watch, music royalties, jewelry and a house.