BayPay Members Blogs

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Ethereum Co-Founder’s Polkadot Closes Token Sale, Claims $1.2 Billion Valuation

The Web3 Foundation has closed on a private sale of tokens to fund the development of Polkadot, the ambitious blockchain interoperability project started by ethereum co-founder Gavin Wood. The Swiss nonprofit...
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US Lawmakers Question Terrorist Use of Facebook Cryptocurrency

Members of the U.S. House of Representatives questioned Financial Crime Enforcement Network (FinCEN) director Kenneth Blanco about Facebook’s planned cryptocurrency Thursday. Representatives Emanuel Cleaver, II (D-MO), Trey Hollingsworth (R-IN), Bill Foster...
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Trump Administration in Talks With Crypto Startup on Israeli–Palestinian Peace Plans

The Trump administration has tapped Israeli crypto startup Orbs to develop blockchain solutions for the region’s longstanding political conflicts. The disclosure comes this week from a summit convened by the White...
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Grin Developers Agree to Alter Technical Development Roadmap

The privacy-oriented Grin token held a developers’ meeting  where they agreed to hold off on making changes to planned proof-of-work updates for the foreseeable future. In a move intended to give ASIC...
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ShapeShift Founder Says Crypto Exchange Service Will Support Libra

ShapeShift could be integrating Facebook’s Libra in the near future, Erik Voorhees said. The Shapeshift CEO commented on Facebook’s cryptocurrency project from a personal perspective at the Bitcoin2019 event, declaring that...
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Bitcoin Price Takes Another Tumble, Shedding Nearly $1K in 20 Minutes

Bitcoin’s price continued a downward trend Thursday, falling nearly $1,000 in a 20-minute period according to data from Coinbase Pro, which indicated the world’s largest cryptocurrency by market cap dropped from...
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Watch CoinDesk LIVE: Bitcoin in FLUX


Bitcoin is in motion today and no one knows if we are watching a bull market or a blip. Join CoinDesk editors for an all-day live session of in-depth market discussion....
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Facebook Seeks Wallet Engineers as Blockchain Job Openings Top 30


Facebook is looking to hire more than 30 professionals to ramp up its blockchain work, including the Libra cryptocurrency. The social media giant’s career website now lists 31 job openings requiring...
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Gemini Hires 5 Former Coinbase Engineers for New Chicago Crypto Office

Crypto exchange Gemini is opening a Chicago office as part of a fresh push into the nascent institutional market. The exchange announced Thursday that it was hiring five employees as part...
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Snowden: ‘The Most Important Thing Bitcoin Is Missing Right Now Is Privacy’

Bitcoin’s biggest flaw is its lack of privacy, said Edward Snowden at the Bitcoin 2019 conference. The cybersecurity expert noted the importance of privacy as a source of liberty. “The lack...
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tZero’s New Wallet Lets Users Trade Bitcoin and Ethereum

tZERO has launched a new app that combines a digital wallet with exchange services. The company, funded by Medici Ventures, launched a security token trading platform last January. The app, called...
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Galaxy Digital Leads $5.5 Million Round for Contract Management Startup

Digital contract management startup Clause has raised $5.5 million in a Series A round led by crypto merchant bank Galaxy Digital. The funding round also saw investment from electronic signature pioneer...
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Kakao’s Klaytn Blockchain Has Gone Live With Support From Major Firms

The Klaytn blockchain from the fold of South Korean messaging app giant Kakao has just gone live. Kakao’s blockchain arm Ground X announced the mainnet launch Thursday in an emailed press release, saying...
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Bitcoin Drops Below $12K After Biggest Daily Price Move Since January 2018



View Bitcoin’s price volatility, as represented by the daily trading range, jumped to a 17-month high on Wednesday.The cryptocurrency has dropped from $13,880 to $11,200 in the last 15 hours and...
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Singapore’s Central Bank Wants More Information on Facebook’s Libra Crypto

Singapore’s central bank, the Monetary Authority of Singapore (MAS), is seeking more information from Facebook about its recently unveiled cryptocurrency project, Libra. As reported by Bloomberg, MAS managing director Ravi Menon said at...
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Another Indian Crypto Exchange Shuts Down Blaming Banking Ban

Regulatory uncertainty ushered in by India’s central bank appears to have brought about the demise of another cryptocurrency exchange in the nation. In a Medium post published Thursday, the Koinex exchange...
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Mt Gox Founder Hit With Lawsuit Over Alleged Fraudulent Misrepresentation

Jed McCaleb, the founder of Mt. Gox, faces a lawsuit over his handling of the now-defunct bitcoin exchange. The two plaintiffs, former Mt. Gox traders Joseph Jones and Peter Steinmetz, filed...
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Amun Launches Exchange-Traded Product Using Bitwise Crypto Index

Swiss-based fintech firm Amun AG has released plans to launch a new exchange-traded product (ETP) that will use the Bitwise 10 Select Large Cap Crypto Index as a benchmark. This is...
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Bitcoin Price Hits 17-Month High Above $12.9K



Views: Bitcoin (BTC) rose above $12,900 for the first time in over 17 months backed by consistent levels of volume.Recent price action could set scope for $13,700 in the coming day...
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What Indonesia Reveals About Facebook’s Cryptocurrency Ambitions

Facebook published plans for the Libra cryptocurrency in seven languages, including Indonesia’s Bahasa – a move that offers perhaps the clearest glimpse of what Facebook’s fintech ascent might look like. “Indonesia...
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