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Bakkt Closes New $300M Funding Round to Unlock $1 Trillion in Digital Assets
16.3.2020
Bakkt has now totally raised over $480 million after closing a new $300 million financing round on March 13
With $1.5 Billion Under Management Grayscale Bitcoin Trust Slides 30%
14.3.2020
Prior to the market carnage on March 12, the Grayscale Bitcoin Trust (GBTC) had acquired over 300,000 BTC. Grayscale’s trust has been one of the longest-running FINRA approved investment vehicles with bitcoin assets under management. On Feb. 5, GBTC shares climbed more than 10% that week...
ETH Price Strains Defi Collateral Loans as ‘Black Swan’ Event Strikes Makerdao
13.3.2020
The price of ethereum dropping double digits on March 12 sent shockwaves through the decentralized finance (defi) community. Makerdao’s single collateral DAI has been struggling and the low price of ETH has left millions worth of DAI undercollateralized. The defi project’s...
Wilshire Phoenix CEO Explains $168B US Fed Injection and Crypto Correlation
13.3.2020
Wilshire Phoenix CEO Bill Herrmann sheds light on the recent $168 billion Fed injections and their relation to crypto
Germany’s Bitcoin Group Welcomes Licensing for Crypto Custodians, Expects Competition From Banks
13.3.2020
Bitcoin Group SE, a prominent member of the European crypto industry, has been preparing to apply for permission to conduct crypto custody activities in its home country, Germany. The providers of such services in the Federal Republic are now recognized as financial institutions. Bitcoin Group...
Bitcoin Under $1K is Possible Warns Veteran Trader Peter Brandt
13.3.2020
The commodities analyst believes the price of the cryptocurrency could drop below $1000 due to the coronavirus induced panic
Gold and Bitcoin Markets Tested, While Central Banks Try to Quell Stock Market Rout
13.3.2020
Central banks worldwide have been bracing for the worst, as the global economy has shuddered over the last seven days. On March 11, the Bank of England slashed rates by 50 bps bringing the base rate down to 0.25%. Meanwhile, Wall Street bankers and U.S. President Donald Trump want the Federal...
Coronarvirus Travel Bans Crippling Crypto
12.3.2020
The coronavirus pandemic has had devastating consequences for the crypto industry, from cancelling conferences to disrupting business
CME Group Suspends Trading in Response to Coronavirus
12.3.2020
The Chicago Mercantile Exchange Group cited the coronavirus epidemic as a reason to close trading from Friday. Other crypto-related firms are taking precautions too
What Mainstream Financial Advisors Are Saying About Bitcoin
11.3.2020
As mainstream markets tumble, some financial professionals have mentioned cryptocurrency as an option
DeFi Project Backed by Polychain and DragonFly Capital Shuts Down
11.3.2020
DeFi project Paradigm Labs says it has failed to keep step with an “incredibly fluid” decentralized exchange landscape
Synthetix Exchange May Soon Offer Derivatives Trading on Ethereum
11.3.2020
Derivatives trading may soon become a reality for Ethereum-based Synthetix according to its Q2 and Q3 plans
Libra Wanted a Currency, All We Need Are DeFi’s Open Payment Rails
10.3.2020
Rather than build an alternative currency like Libra, Facebook should concentrate on building new infrastructure, like the open systems in the ethereum-DeFi space, says ConsenSys's Lex Sokolin
Startup Vega Tests Blockchain Focused on Derivatives Trading Products
10.3.2020
Vega has fired up the testnet for its new protocol made for building decentralized derivatives trading products
Blockchain Expo Tokyo Series Set to Take Business Scene by Storm
10.3.2020
Taking place April 1 – 3, Japan’s premier blockchain exposition, Blockchain Expo Tokyo, will feature industry-leading speakers including CEOs, academics, and government officials. The exhibition floor will be packed with companies from various industries, with each focusing on harnessing the power...
Venture Studio Invests $3 Million in Crypto Firm First Digital Trust
10.3.2020
The investment from Taiwan-based Nogle is intended for First Digital Trust to develop its existing crypto asset platform
Covid19 Hampers Finance, Technology & Crypto Events
10.3.2020
Today the world is dealing with the outbreak of one of the deadliest epidemic attacks, the attack of Coronavirus. What showed its first glimpse in the Chinese district of Wuhan is now fast leaving its imprints across the global boundaries. The increasing death rate caused by COVID-19 (Coronavirus)...
China Injects $4.7M into Central Bank’s Blockchain Trade Finance Platform
9.3.2020
Thirty-eight banks have started using the platform since it entered the test phase in September 2018
Industry Execs Claim Freshly Minted ‘Virgin Bitcoins’ Fetch 20% Premium
8.3.2020
A few blockchain surveillance companies like Cyphertrace have recently published reports on criminal activities tied to bitcoin usage and the studies mentioned the topic of “virgin bitcoins.” According to industry executives, freshly minted bitcoins with no transaction history can sell...
Crypto Has Left Cypherpunk Roots to Mimic Traditional Finance, Says UK Regulator
6.3.2020
Crypto is no longer the radical project it once was, so regulators can manage it, says U.K. financial crime expert