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Uzbekistan Plans Massive Hike in Electricity Prices for Crypto Miners

A new bill from Uzbekistan's Ministry of Energy would triple the price of power for miners, raising fears it could stifle the local mining industry.

Electricity pylon

Markets

Overstock Class Action Claims SEC Blocked Firm's Digital Dividend Lockup

An investor has launched a class action against Overstock and two former execs, claiming securities violations involving the firm's digital dividend.

Patrick Byrne, former CEO of Overstock

Markets

New Interest in DAOs Prompts Old Question: Are They Legal?

New tools have made DAOs all the rage in the ethereum community. Now one startup is trying to make them work within U.S. legal frameworks.

Aaron Wright via CD

Markets

For Desperate Mt Gox Victims, Long-Shot Bitcoin Deal Beats Endless Wait

Some Mt. Gox creditors have signed on to a law firm’s unorthodox proposal to recover their bitcoin, but many are skeptical about its motives. 

Alexander Vinnik

Markets

Ripple Avoids Securities Question in Motion to Dismiss XRP Lawsuit

Ripple avoided arguments over whether XRP is a security in its new motion to dismiss a class action lawsuit.

brad1

Markets

SEC Chair, Commissioners to Talk Crypto at Congress Hearing Next Week

The House Financial Services Committee will question SEC commissioners about crypto regulations and Facebook's Libra next week.

maxine_waters_facebook_hearing

Markets

DOJ Brings Extortion Charges Against Early Advisor to Ethereum, tZero

U.S. law enforcement has charged an early supporter of the ethereum project and former advisor to Overstock’s tZero with extortion.

law, legal, justice

Markets

Craig Wright 'in Discussions' to Settle Multi-Billion-Dollar Court Case

Craig Wright, the entrepreneur who controversially claims he is Satoshi Nakamoto, is moving to settle the $10 billion Kleiman court case.

CoinDesk placeholder image

Markets

$2 Billion Lost in Mt. Gox Bitcoin Hack Can Be Recovered, Lawyer Claims

A Russian law firm says it can help Mt Gox creditors recover up to $2 billion worth of bitcoins stolen in the 2014 hack.

vvgf

Markets

Bitwise Taps BNY Mellon as Transfer Agent for Proposed Bitcoin ETF

Bitwise has tapped Bank of New York Mellon to act as the administrator and transfer agent for its proposed bitcoin ETF.

Bitwise CIO Matthew Hougan