BayPay Members Blogs

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Metaco Offering Crypto Custody Insurance via Giant Broker Aon

Aon, the world’s second-largest insurance broker by revenues, has lined up a panel of insurers to provide cryptocurrency coverage for clients of Metaco, a digital asset custody technology firm. Announced Tuesday,...
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Fraud-Fighting ‘Watchtowers’ to Arrive in Next Bitcoin Lightning Release

So-called lightning network “watchtowers” — a much-anticipated next step for securing the network — are coming soon. Watchtowers have long been considered a missing piece of bitcoin’s lightning layer, as they’re...
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Fidelity, Tenaya Capital Fund Crypto-Security Firm Fireblocks

Fireblocks, a platform for securing digital assets in transit, announced today $16 million in Series A funding from investment heavyweights including Cyberstarts, Tenaya Capital, and Eight Roads — the proprietary investment...
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G20 Reaffirms It Will Apply Expected Tough New FATF Rules on Crypto

The G20 group of nations has reaffirmed it will align with standards for anti-money laundering (AML) and countering the funding of terrorism (CTF) set to be finalized by the Financial Action...
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Samourai, Nodl to Launch Bitcoin Lightning Node With Mixing Features

The mobile bitcoin wallet project Samourai Wallet is partnering with the French hardware retailer Nodl to create a bitcoin node device that syncs with Samourai’s privacy-centric mobile wallet. Revealed exclusively to...
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Crypto Miners’ Electricity Shouldn’t Be Subsidized: Iranian Energy Minister

Cryptocurrency miners in Iran could face higher electricity bills if Iran’s Energy Minister gets his way. On Sunday The Financial Tribune quoted minister Homayoun Haeri as saying that energy used by...
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MPC Explained: The Bold New Vision for Securing Crypto Money

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 ,...
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Why Academics Love Bitcoin – and Crypto

Why Academics Love Bitcoin – and Crypto | CoinDesk - YouTube Watch Queue Queue __count__/__total__ Loading... Transcript The interactive transcript could not be loaded. Loading... Rating is available when the video...
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The Speed Dreams of Security Tokens

Noelle Acheson is a veteran of company analysis and a member of CoinDesk’s product team. The opinions expressed in this article are the author’s own. The following article originally appeared in...
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Polish Cryptocurrency Exchange Shuts Down Overnight, Taking Funds With It


A polish cryptocurrency exchanged called Coinroom shut down on April 2, 2019, taking multiple customer accounts worth up to $15,000. The site is currently down and there is no way to...
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I Started the Silk Road Wikipedia Page (Because Bitcoin)

I Started the Silk Road Wikipedia Page (Because Bitcoin) – Ryan Singer - YouTube Watch Queue Queue __count__/__total__ Loading... Transcript The interactive transcript could not be loaded. Loading... Rating is available...
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How Blockchain Voting Is Supposed to Work (But In Practice Rarely Does)

Blockchain-based voting has long been looked at as a use case for the technology – but as with any nascent application, there are bumps along the way. In more recent times,...
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Stolen Bitfinex BTC Is on the Move


Stolen bitcoins have been spotted moving on the blockchain after three years of lying dormant. In a series of transactions beginning at 06:00 UTC Friday, 172.54 BTC or about $1.37 million moved...
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Bitcoin Trade Volume on Coinbase Hit a 14-Month High in May


Bitcoin trading volume on the largest US-based cryptocurrency exchange, Coinbase , hit the highest amount seen in 14 months in May. During the month of May, Coinbase facilitated the trade of...
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Vancouver Saw the First-Ever Bitcoin ATM. Now Its Mayor Wants to Ban Them

Bitcoin ATMs have become “an ideal money-laundering vehicle,” according to the Vancouver Police Department, prompting a proposed city-wide ban by the mayor, and potential federal legislation, The Star reports . The...
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Reserve Bank of India Denies Involvement in Draft Bill to Ban Cryptocurrencies

The Reserve Bank of India is denying any knowledge of a proposed ban on cryptocurrencies — despite reports that a number of governmental agencies have backed the draft legislation — according...
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Ethereum Classic to Test Code for ‘Atlantis’ Upgrade This Month

Ethereum classic developers are speeding up plans to test a proposed upgrade for the blockchain network. The move to ramp up the timeline came during a developer call on Thursday, during...
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May Was Best Month for CME Bitcoin Futures Volume Since 2017



May was the best month for derivatives giant CME’s bitcoin futures volume since its 2017 launch, as nearly 300,000 contracts were traded in the 31-day period. Average daily volume (ADV) reached...
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Facebook’s ‘GlobalCoin’ Crypto Will Be Tied to Multiple Currencies: Exec

Yet more details have emerged about Facebook’s upcoming cryptocurrency, said to be called GlobalCoin, and this time they come directly from the company. Speaking to German business magazine  WirtschaftsWoche  earlier this...
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Budweiser Owner Invests in Blockchain Startup Working to Alleviate Poverty

Budweiser’s parent company, Anheuser-Busch InBev, is doubling down on its interest in using blockchain tech to assist unbanked workers. Through its ZX Ventures arm, the brewing giant – which also owns the...
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