PayPal Can Freeze Your Crypto Assets

Even though Paypal’s new USD stablecoin has been deployed on the Ethereum blockchain, it does not mean it’s decentralized. Several people online have dug into the code of the coin’s smart contract and found some alarming things such as PayPal holding the ability to reverse transactions, freeze user assets, coins Read more…

We broke the story that brought down Sam Bankman-Fried’s crypto empire. Soon, we’ll be covering his trial, gavel to gavel. Ask us anything.

Hey r/CryptoCurrency, Nikhilesh De and Ian Allison from CoinDesk here. Last November, Ian broke an explosive story raising questions about the financial underpinnings of Sam Bankman-Fried’s trading firm, Alameda Research – and, by extension, the safety of his better-known crypto exchange FTX. Nine days after Ian’s story, SBF’s companies were Read more…