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Ripple CEO Confirms Strategy, DeFi Locks USD 5.6bn + More News


Brad Garlinghouse. Source: a video screenshot, Youtube, Ripple Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Altcoins news Ripple CEO Brad Garlinghouse responded to The Financial Times report...

Coinbase Sees More Institutional Investors Buying Bitcoin in H1


Coinbase says more institutional investors are now using its platform to build direct positions in the cryptocurrency market. Crypto fund managers are now getting more backing from institutional investors that see the crypto market as an alternative investment strategy. In a report, the exchange...

Tradeoffs and Shifting Complexity


This is a masterclass from Dave: After you hit the wall of unremovable complexity, any “advances” are a shell game, making tradeoffs that get passed down to the user … you get “advances” by shifting where the complexity lives. You don’t get free reductions in complexity. In CSS land...

Wisdomtree Files ETF With 5% Bitcoin Exposure Amid SEC Resistance


Wisdomtree has filed for a commodity fund with 5% exposure to bitcoin, in a fresh attempt to bring an exchange-traded fund (ETF) backed by the benchmark cryptocurrency to the market. According to a filing with the U.S. Securities and Exchange Commission (SEC), the fund is targeting to invest mainly...

South Korea to Start Taxing Bitcoin Profits in 2021


South Korea will start taxing profits from bitcoin (BTC) and other cryptocurrencies next year, according to local media reports. The taxation will also apply to bitcoin mining operations and income from initial coin offerings, should it be approved by Parliament. South Korea’s Ministry...

Iranian President Calls for Launching a Cryptocurrency Mining Strategy


Iranian President Hassan Rouhani has called for a mining strategy throughout the oil-rich nation. The latest statements from the Iranian President follows Iran’s moves to restrict specific crypto trading platforms over “currency smuggling” mandates. On May 20, 2020, Iran’s...

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