The price of ethereum classic (ETC), the cryptocurrency that forked away from the ethereum blockchain in 2016, has depreciated more than 30 percent against the US dollar since its listing on Coinbase. Prior to the August 7th listing date, ETC’s price surged on two occasions, the first of which began on June 11th when Coinbase…

There are early adopters, then there are early early adopters. Revealed exclusively to CoinDesk, the first coder to work alongside bitcoin’s pseudonymous creator Satoshi Nakamoto, Martti ‘Sirius’ Malmi, is joining a team of developers launching a new cryptocurrency called AXE. The project, which is combining Malmi’s Identifi online reputation system with decentralized database system GUN, is…

It was news that was perhaps too strange for crypto’s typically divided reactions. First revealed Wednesday, the Litecoin Foundation, the non-profit that develops the software that powers the sixth-largest cryptocurrency, bought a stake in a very real, non-crypto bank. The move was met with applause and skepticism, but also a stunned sense of disbelief from nearly all…

Developer Jonathan Wheeler is at an impasse of sorts. The former bank employee turned developer doesn’t want to say too much about his newest project, an effort he believes could soon help people living under one of the world’s most oppressive monetary regimes. That’s because he needs others to help him with his mission – getting bitcoin…

The 10th most valuable cryptocurrency in the world is set to commence its token migration process on Thursday. Created by former Ripple representative Justin Sun, Tron aims to build infrastructure for a “truly decentralized internet” that is particularly conducive for hosting decentralized applications (dapps). The project, which started on the ethereum blockchain and launched its…

From the mists of ideation, a first wave of ethereum dapps is starting to emerge. Launched in 2015 with the promise that developers could use its technology as a “secure backbone” for a new kind of software application, ethereum has long held the promise of enabling such innovations, all “without any possibility of downtime, censorship…

Aion’s token may have grown up on the ethereum blockchain, but it’s moving out. The Aion network has been built to foster interoperability across blockchains. One of the key tools to this functionality is the network’s “token bridge,” which is designed to allow tokens to move between chains. The first token bridge will work between…

Imagine a way to expand bitcoin payments to millions per second. Now, imagine a clunky, command-line interface. That’s the extent of the divide between the vision enabled by bitcoin’s best-yet scaling solution, the lightning network, and the current state of its design. But while that’s daunting, developers are moving ahead on designs to make the…


Not yet out of beta, hundreds of developers around the world are already experimenting with bitcoin’s newest technology – the Lightning Network – donating time and resources to help lay the groundwork for a more scalable version of the oldest and largest cryptocurrency yet created. So great has been the effort that there are now…