business news


Markets

PwC Is Advising (Not Auditing) Another Stablecoin Project

PwC's Hong Kong division is exploring best practices for issuing stablecoins with non-profit Loopring Foundation. Auditing, though, is another matter.

PWC logo

Markets

No, Bitcoin Isn't Secretly Messing with the Mid-Term Elections

Take it from someone who's actually received crypto campaign donations.

Credit: Shutterstock

Markets

Coinbase Adds Browser Startup Brave's Token to Pro Trading Platform

Coinbase Pro announced Friday that it added support for browser startup Brave's Basic Attention Token.

coinbase, coins

Markets

Here's What 3 Lawyers Have to Say About That Cryptic Tether Letter

The wisp of a signature on Deltec Bank's letter to Tether is the least of it. More important is the language around liability.

pen_scribble_shutterstock

Markets

Another Stablecoin Just Launched With 'Real-Time' View of Dollar Backing

Crypto startup Stably has just launched its StableUSD, a dollar-backed competitor to the reigning tether (USDT) stablecoin.

M2 Money Supply Continues to Grow (Shutterstock)

Markets

Tether Produces Letter Vouching for Dollar Deposits, But Bank Hedges

Deltec Bank & Trust Limited said its letter confirming Tether's dollar balances as of Oct. 31 was provided "without liability" to the institution.

(Shutterstock)

Markets

New York Awards First-Ever BitLicense to Bitcoin ATM Company

Bitcoin ATM operator Coinsource has received a BitLicense from New York's financial watchdog, a full three years after first applying.

Bitcoin ATM

Markets

Cute Cats Power Serious $15 Million Funding for CryptoKitties Creators

CryptoKitties' latest funding round means it has raised $27 million this year. Fur real!

https://www.shutterstock.com/image-vector/funny-virtual-pet-cute-cat-character-774635008?src=tZrn6QGNH2S0pTy-c8SgiA-1-9

Markets

Ethereum Studio ConsenSys Just Bought an Asteroid Mining Company

ConsenSys has just acquired an asteroid mining startup called Planetary Resources.

asteroid

Markets

Coinbase's Head of Trading Resigns After Six Months on Job

The head of trading at Coinbase, Hunter Merghart, has resigned just six months after joining the crypto startup from Barclays, CoinDesk has learned.

coinbase