Privacy Crypto Monero Celebrates Its 5th Birthday

news One of the most popular cryptocurrencies for privacy protection, monero, celebrated five years of existence this week. Launched in April 2014, monero has, since its inception, been entirely crowdfunded. And in tune with this decentralized, grassroots structure, monero is almost entirely developed by volunteers. “Monero is very committed to its decentralized, grassroots structure meaning we…

Presidential Candidate Andrew Yang Calls for ‘Clear Guidelines’ on Crypto

news Andrew Yang, one of a number of candidates looking to take on U.S. president Donald Trump in the 2020 presidential election, has released a new policy statement for crypto-assets. In the statement, Yang — who is currently vying for the Democratic Party nomination among a crowded field of candidates — indicated his goal to…

Coinbase Expands Crypto-to-Crypto Trading to 11 More Countries

news Cryptocurrency exchange Coinbase is expanding crypto-to-crypto conversions and trading services to 11 more countries. The San Francisco-based firm announced the news in a blog post on Wednesday, saying that customers in Argentina, Mexico, Peru, Colombia, Chile, India, Hong Kong, South Korea, Indonesia, the Philippines and New Zealand can now access crypto-to-crypto exchanging services. The…

Auditor EY Unveils Nightfall, An Ambitious Bid to Bring Business to Ethereum

news Big Four professional services firm EY is rolling out free software designed to help corporate clients use the ethereum blockchain – and it’s taken an unusual step to encourage adoption. Announced Tuesday, EY’s protocol, internally code-named Nightfall, has been developed over the last year by the consulting firm’s team of over 200 blockchain developers…

The Upside of Bitcoin’s Upside (It’s Not What You Think)

news Noelle Acheson is a veteran of company analysis and member of CoinDesk’s product team. The following article originally appeared in Institutional Crypto by CoinDesk, a newsletter for the institutional market, with news and views on crypto infrastructure delivered every Tuesday. Sign up here. The rally last week in cryptocurrency prices sent tremors of excitement through the mainstream…

Ethereum Core Developers Debate Benefits of More Frequent Hard Forks

news How often is too often to alter consensus? A group of ethereum’s veteran open-source developers discussed the subject in a bi-weekly meeting Friday, wherein they aired the possibility that system-wide upgrades, also called hard forks, to the software could be enacted as often as every three months. Wanting to “check the temperature,” the developer asking the…

MakerDAO to Increase Fees Above 10% in Bid to Stabilize DAI Stablecoin

news Investors who hold tokens in the programmatic lending protocol MakerDAO appear likely to approve a fifth fee increase that would further raise the cost of platform’s US dollar-backed stablecoin DAI. Since Monday, five different options have been presented to MakerDAO token holders, all of which suggested different possible increases to the platform’s “stability fee,” the most…

Lawmakers Reintroduce Bill to Exempt Tokens from US Securities Laws

news Lawmakers are making a fresh attempt to give cryptocurrencies a clearer legal standing in the U.S. U.S. Representative Warren Davidson reintroduced the Token Taxonomy Act on Tuesday, saying in a statement that the bill, if approved by Congress and signed into law, would “send a powerful message” to innovators that “the U.S. is the…