Category Archives: Cryptocurrencies News

As we all look ahead to Consensus 2020 and Blockchain Week NYC, we wanted to share the following updates with you regarding the recent spread of the COVID-19 virus.  As of today, CoinDesk is moving forward as planned with Consensus 2020 and Blockchain Week NYC, but we will be monitoring the situation on a daily […]

A cryptocurrency trading solutions provider spun off from Bitmain a year ago hopes to hit a $300 million valuation in its latest funding round. Singapore-based Matrixport, founded by Bitmain CEO Jihan Wu last February, is looking to raise $40 million in a new raise, sources familiar with the matter told Bloomberg. Should the round be […]

In an interview with Cointelegraph at the Stanford Blockchain Conference on Feb. 19, Stanford University cryptography Ph.D. student Ben Fisch described Supersonic as a trustless zero-knowledge proof system, also referred to as a zk-SNARK.  Fisch helped create a trustless zero-knowledge proof system designed specifically for decentralized finance.  Trustless versus trusted zk-SNARKs While zero-knowledge proof systems […]

South Korea’s largest cryptocurrency exchange, Bithumb, has announced it will take another step towards global expansion by strengthening integration with its international arm. On Feb. 26, Bithumb launched a new digital asset transfer service between the South Korean exchange and Bithumb Global, an new international digital asset exchange released by Bithumb in October 2019. Meanwhile, […]

Decentralized finance (DeFi) platform Compound is going ahead and decentralizing itself. “My personal belief is that nobody would use bitcoin if it was run by the ‘Bitcoin Corporation,’” Robert Leshner, Compound’s founder, told CoinDesk in a phone call. “Its power comes from the fact that nobody truly controls it.” In that spirit, Compound is launching […]