The Reserve Bank of India (RBI) is now consulting fintech firms and has asked four public sector banks to trial India's CBDC project before the end of the year.
According to a blog post from blockchain analysis firm Chainalysis that came out on Tuesday, cryptocurrency hacks caused losses of $1.9 billion in the first seven months of the year. This was caused by a rise in funds stolen from decentralized finance (DeFi) protocols.
Since July 2022, the Bitcoin ecosystem has improved across a wide range of indicators, including the monetary earnings of miners, the difficulty of the network, and hash rate.
CoinDesk is part of holding company Digital Currency Group, or DCG, run by Barry Silbert. DCG acquired the publication in 2016 for somewhere between $500,000 and $600,000 in a move that TechCrunch reported was a stunt for “boosting the visibility” of the associated Consensus conference.
This time we’re talking about 2022, the year that changed crypto forever. Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.
Consensus 2023 is a call to action for developers, investors, founders, policymakers, brands and others to come together and find solutions to crypto's thorniest challenges and finally deliver on the technology's transformative potential. Two days of content, networking, experiences and parties. What's Included? A third day of Consensus.
If DCG is forced to raise capital to cover Genesis’ debts, that may result in a down round and a hit to the SARs. So, depending on when they choose to sell, it’s possible CoinDesk ’s journalists may have hurt their own compensation packages when publishing their big scoop. I asked Casey what stories he wished CoinDesk had about DCG.
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