Category Archives: coindesk.com

2019 Will Be a Big Year for Stablecoins

Philippe Bekhazi is the CEO of XBTO Group, a cryptocurrency trading firm. — The current wave of stablecoin issuances is a result of the current bear market in underlying crypto assets, leading to upwards of 50 stablecoins on offer today. Given an increasing media focus and heightened industry attention, it’s important to take both a step back and… Read More »

The Era of Central Bank Digital Currencies Is Within Reach

Kevin Rutter is the research lead at R3. _________ “CBDC, not bitcoin” is the new “blockchain, not bitcoin.” Since 2014, discussions of a publicly accessible digital payment vehicle issued by a central bank have matured significantly. Central bank digital currencies (CBDCs) have been the center of many high-level discussions, notably at the Bank for International Settlements (BIS) and… Read More »

Block 7,080,000: Ethereum Developers Propose Activation Point for Next Hard Fork

Members of ethereum’s open-source development team have reached agreement on an activation time for Constantinople, a proposed code change designed to give users the option to update the blockchain with additional features. Speaking at a bi-weekly core developer meeting Friday, the developers assembled agreed on block 7,080,000 on the ethereum blockchain as an activation point at which users… Read More »

Crypto Exchange Gemini to List Bitcoin Cash With NYDFS Approval

The Winklevoss-owned Gemini crypto exchange is adding support for bitcoin cash (BCH), the firm announced Friday. Specifically, the New York-based startup is only supporting the fork of bitcoin cash based on the Bitcoin ABC roadmap, and not the alternative version, “Satoshi’s Vision” (SV). The difference arises after a controversial hard fork last month when the bitcoin cash network… Read More »

Venezuela to Sell Oil for Petro Cryptocurrency in 2019, Says Maduro

Venezuela’s President Maduro has said the nation will sidestep the U.S. dollar and phase in use of its controversial petro token for oil sales starting next year. According to a report from state-run media network TeleSUR on Thursday, Venezuela’s President Maduro said that the move is aimed at minimizing the dollar’s dominance in the industry and diversifying the… Read More »

Coinbase Considers Adding 30 New Crypto Assets to Its Exchange

After adding support for several new tokens over the past months, Coinbase has revealed more than 30 crypto assets it is considering for listing. However, the San-Francisco-based exchange is not adding the 31 tokens to its platform just yet, but rather, is “continuing to explore the addition” of the assets, according to a blog post published Friday. The tokens… Read More »

Russia’s Sberbank Uses Smart Contract to Settle Three-Way Repo Deal

State-owned Russian bank Sberbank has completed a repurchase agreement, or repo, using blockchain technology. The bank announced Thursday that, with participation from Region Brokerage Company and the country’s National Settlement Depository (NSD), it settled the “world’s first” three-way over-the-counter (OTC) repo using a smart contract. In a repo, securities are sold to an entity, with the seller agreeing to… Read More »