Blockchain Bites: The SEC's Chilling Effect on Crypto Development

Unikrn will continue to offer its services supported by major currencies, including fiat currencies, bitcoin, bitcoin cash, ether and USDC, among others.

Europe's Markets in Crypto-Assets will provide legal certainty around crypto assets, though may also stifle innovation, CoinDesk's Ian Allison reports.

The news comes amid a flurry of crypto activity and as the government explores potential use of blockchain technology to manage land records, pharmaceutical drugs supply chain or records of educational certificates.

Bitcoin CEOMicroStrategy CEO Michael Saylor spoke with CoinDesk reporter Danny Nelson about his decision to invest nearly half a billion dollars of his firm's treasury into bitcoin.

"I went down the rabbit hole" during COVID-19, Saylor said, admitting he "Was wrong" to have doubted bitcoin back in the $600 range.

As money blogger and CoinDesk columnist J.P. Koning ironically noted: "Big announcement today about 16,796 bitcoins being sold for $175 million! CoinDesk interviews the sellers to find out why they are betting big on fiat."

CoinDesk's Omkar Godbole reports there is a schism in how crypto markets could react, citing a tolerance of higher inflation as a bullish development for scarce assets like bitcoin and gold.

Playing with DSLDiscrete log contract, a form of "Invisible" smart contract that became feasible on Bitcoin just this year, has gone live.

Disguised as standard multi-signature transactions, DSL has been advanced by Bitcoin developer Lloyd Fournier and his work building "Scriptless-scripts." The principal use case will be betting, CoinDesk's Colin Harper reports.

How crypto can winBlockchain Association Executive Director Kristin Smith details how the cryptocurrency and blockchain industry can get its foot in the door of Congress.