Kraken Valuation, Millions Of Crypto Robinhoods, 1inch Bridge + More News
26.2.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Exchanges news
Kraken is in talks to raise new funding that would see its valuation more than double, to more than USD 10bn, reported Bloomberg...
Fetch.ai spinoff launches decentralized commodities exchange
26.2.2021
Mettalex claims to be fully decentralized, meaning “no counterparty and no single point of control.”
From Gold to Greenbacks: A Look at the US Dollar’s Devaluation, Manipulation and Militant Backing
26.2.2021
228 years ago the U.S. dollar was created and ever since then, the national currency has been both powerful and controversial at the same time. Moreover since 1971, after being backed by precious metals for decades, American dollars have been backed by nothing and estimates say a quarter of...
Bitcoin price flies solo? Institutional crypto push may be overrated
26.2.2021
Bitcoin’s market cap broke the $1 trillion barrier without a final push from institutions — could their influence be overrated?
Bitcoin Taproot Upgrade Runs Into Activation Debate
26.2.2021
Taproot, a proposed protocol upgrade that should improve Bitcoin (BTC)'s privacy and flexibility, seems to be in the final stage of its path to activation, with one more major step to take and, apparently, argue over: the LockinOnTimeout (LOT) parameter that determines whether or not BTC nodes will...
Dubai Based Crypto Investment Fund to Convert $750 Million Worth of BTC Into ADA and DOT Tokens
26.2.2021
A Dubai based crypto-based investment fund, FD7 Ventures says it will offload bitcoins worth $750 million and will use the proceeds to increase positions in Cardano and Polkadot tokens. According to FD7 Ventures, this switch to the two altcoins will help the fund to better serve the interests...
Many pieces of the Diem puzzle still missing as launch gets delayed
26.2.2021
Besides securing approval from Swiss regulators, Diem seems likely to face opposition from government regulators in many countries
Grayscale Eyes Altcoins Amid Increasing Competition For Bitcoin Investments
26.2.2021
While Bitcoin (BTC) exchange-traded funds (ETFs) are gaining traction in Canada, new competitors for Grayscale emerge, the company is increasingly eyeing altcoins.
The major crypto asset management firm owned by Digital Currency Group (DCG) has confirmed that they're looking into at least...
DeFi mainstays headline Grayscale’s list of new products under consideration
26.2.2021
Ethereum protocols account for over a third of Grayscale's assets under consideration for listing as exchange-traded products
China’s CBDC is about domestic dominance, not beating the dollar
26.2.2021
The notion of China racing to launch a CBDC that will end U.S. monetary supremacy doesn't hold up if you look at the facts on the ground
MIT, Jack Dorsey & More Pour Resources into Bitcoin Development Efforts
26.2.2021
Source: A screenshot, Instagram/mitpics
Forward-thinking innovators are looking for new ways to power Bitcoin (BTC) development, with one of the world’s biggest tech universities, IT CEOs and entrepreneurial pop stars all turning their attention to the betterment of the Bitcoin network.
In...
FCA releases detailed 5-point plan to make UK a fintech powerhouse
26.2.2021
A 108-page report details how the United Kingdom can retain its status as one of the global centers for fintech innovation and business