A boom in decentralized finance (DeFi) has turbo-charged returns for Pantera Capital’s bitcoin and mixed cryptocurrency hedge funds this year. From Jan. 1 to Aug. 31, Pantera’s bitcoin (BTC) fund gained 61%, its digital asset fund 168%, its initial coin offering (ICO) fund 323% and its long-term ICO fund 270%, […]
Crypto
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An Asian cryptocurrency exchange’s funds have been compromised in a security breach. The Singapore-headquartered digital asset exchange KuCoin said in a statement that it detected large withdrawals of bitcoin and ethereum tokens to an unknown wallet beginning at 19:05 UTC time on Friday. In a live stream on 4:30 UTC […]
Fintech giant Plaid has quietly added support for two DeFi applications, the IRS wants to know about your crypto holdings and data shows the total value of stablecoins has surpassed the $20 billion milestone. Plaid <3 DeFiVisa-owned fintech company Plaid, which connects traditional bank accounts to thousands of digital platforms […]
Bitcoin’s price woes this month likely put investors off from purchasing crypto ETPs, pushing volumes into a nosedive. Source link
Several Chinese state-owned media have made unusual coordinated reports describing cryptocurrencies as the year’s top performing investment. Source link
A new bill could bring cryptocurrency exchanges under a single federal framework. The Digital Commodity Exchange Act of 2020, introduced Thursday by Rep. Michael Conaway (R-Texas), seeks to create a federal definition of “digital commodity exchanges,” putting them in their own legal category and charging the Commodity Futures Trading Commission […]
A new cryptocurrency trading platform is gearing up to offer zero-fee trades to users in six countries in the Gulf Region. Announced on Thursday, the platform Fasset Exchange (FEX) has started sign-ups for its private beta and is planning a public rollout later this year. Source link
A growing force in the crypto space, Visa says it’s getting more and more industry firms interested in payments partnerships. Source link
Uniswap’s week-old governance token is outperforming more established cryptocurrencies Wednesday. Source link
The Venezuelan agency responsible for regulating cryptos has legalized the mining industry, but in the process mandated it be centralized under government control. Source link
The upcoming U.S. presidential election has become one of the most contentious in history, fraught with searing divisions over everything from the economy to race to the continued health of democracy itself. So it’s not surprising that Wall Street options traders are now pricing in expectations of elevated market volatility around the […]
The new ETF product will track an index currently being designed by Nasdaq that will provide broad exposure to the digital asset market. Source link
In seeking to explain Monday’s sell-off across traditional markets and cryptocurrencies, the digital-asset firm QCP Capital rattled off a list of seven major market events that occurred in Septembers past, from the 1929 stock-market crash to the Lehman Brothers bankruptcy in 2008. There might be some deep human connection with the fall equinox — […]
CARACAS, Venezuela — At first blush, it looked like cryptocurrency adoption was poised to make a huge stride in Venezuela. Late last month, Venezuelan opposition leader Juan Guaidó announced he would use the digital currency exchange Airtm to redistribute some $19 million to Venezuelan health care workers. The money would […]
Some say that meaningful change happens gradually. Others insist it erupts unexpectedly. This week, we saw that both are true. Earlier this week, the Wyoming Banking Board voted to approve the application from San Francisco-based crypto exchange Kraken for a Special Purpose Depositary Institution (SPDI) banking charter. Yes, one of […]
This week Kraken Financial became the first crypto company to receive a banking charter under Wyoming’s Special Purpose Depository Institution statute. Join CEO David Kinitsky for a look at what it all means and how it’ll work with hosts Adam B. Levine, Andreas M. Antonopoulos and Stephanie Murphy. In the […]
Kraken became the first crypto exchange to win a U.S. banking license this week. Here’s why that matters. On this edition of The Breakdown weekly recap, NLW looks at: DEXetition – Uniswap’s battle with SushiSwap heats up as the former dropped the UNI governance token in what some likened to […]
Haunting red skies, a mounting death toll and a giant swath of smoldering devastation across 12 western U.S. states compels us to talk this week about climate change and what it means for the cryptocurrency industry. Because, whether you like it or not, both of those things are not going […]
The cryptocurrency and security token exchange’s blockchain IPO is the first of its kind and gives observers and issuers a ground-level view of what’s going on through the Etherscan block explorer. The public can see roughly the number of investors receiving INX tokens after putting money into the sale by […]
Investors accuse NVIDIA of bungling the chipmaker’s response to 2017’s mining hardware boom. Source link
You’re going to have to wait a little longer for the liquidity mining–powered savings account from Korean stablecoin maker Terra. The savings account’s returns will be based on various proof-of-stake currencies, plus additional yield over the first five years in the form of its growth token. The system is called […]
The Conference of State Bank Supervisors (CSBS), an organization of state financial regulators, will make it easier for financial technology payment firms and cryptocurrency exchanges to prove they’re in compliance with U.S. state laws. The CSBS announced a “One Company, One Exam” plan Tuesday whereby states will coordinate their supervisory […]
A former contractor for Australian science agency CSIRO was found to have mined around $7,000 in cryptocurrency. Source link