Proof-of-Stake Could Lead to Crypto Banking. Let’s Avoid That

Michael J. Casey is the chairman of CoinDesk’s advisory board and a senior advisor for blockchain research at MIT’s Digital Currency Initiative. The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday exclusively to our subscribers. ___________ With last week’s Constantinople delay offering a reminder that ethereum faces challenges in its long…

Continue Reading



CoinDesk’s Crypto-Economic Data Is Now Accessible on GitHub

Nolan Bauerle is research director at CoinDesk. For more data and insights, visit the CoinDesk Crypto-Economics Explorer.  Starting today, CoinDesk will use GitHub to help crowdsource potential methodology changes and data sources for our Crypto-Economics Explorer (CEX), our comprehensive data tool designed to measure and compare crypto assets.  After we launched the beta version of…

Continue Reading



How BlockEx Went from $24 Million ICO to Layoffs in Less Than a Year

BlockEx’s treasury couldn’t stop taking hits in 2018 – and for the London-based startup, it has meant significant delays, scaled-back ambitions and layoffs. CEO Adam Leonard confirmed to CoinDesk that “staff reductions” had taken place. “Some of it naturally as products finished and additionally to reduce burn,” Leonard said via email, declining to offer specifics on…

Continue Reading



Grayscale’s Newest Crypto Investment Trust Will Hold Stellar Lumens

Grayscale Investments, the digital asset management firm operating under the Digital Currency Group umbrella, is adding support for Stellar lumens with a new investment product. The company announced Thursday that it was launching the Stellar Lumens Trust, a “single-asset investment product” which exposes investors to lumens (XLM), the native asset of the Stellar network. Grayscale…

Continue Reading



Wyoming Blockchain Bill Proposes Issuance of Tokenized Stock Certificates

Lawmakers from the U.S. state of Wyoming have introduced legislation that would allow the issuance of tokenized stock certificates using blockchain tech. On Wednesday, representative Jared Olsen (Republican), along with senator Chris Rothfuss (Democratic) and six other Republican representatives jointly filed House Bill 0185, titled “Corporate stock-certificate tokens,” proposing an amendment that would permit the use…

Continue Reading



LedgerX Launches ‘Bitcoin Fear Index’ to Track Price Volatility

LedgerX thinks cryptocurrency traders should be able to assess bitcoin’s volatility. And, taking a leaf out of the stock market’s book, the derivatives trading platform has built an index to track this benchmark. The company announced Monday that it was launching the LedgerX Volatility Index (LXVX), which will track the expected volatility for bitcoin. The…

Continue Reading



Bitcoin Will Still Bite the Dust

Kevin Dowd is a Professor of Finance and Economics in the Business School at Durham University, and the co-author of the 2015 paper “Bitcoin Will Bite the Dust.”  For more on bitcoin’s 10th anniversary, check out our new interactive feature Bitcoin At 10.  ————————————————————— Back in August 2014, I discovered that the bitcoin mining industry had…

Continue Reading



Tokenized Securities: Curb Your Enthusiasm

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.  With so much buzz around tokenized securities, compounded by strong progress from…

Continue Reading