Investment giant KKR & Co has made its first blockchain-related investment with a stake in the flagship fund of ParaFi Capital, ParaFi confirmed to CoinDesk on Thursday. Bloomberg first reported on the…
Maand: september 2021
Coincidence or Insider Trading? Price Pops Before Incentive Announcements Raise Questions
“Buy the rumor, sell the news.” It is not surprising when a token sees a price pop after its underlying blockchain announces a multimillion-dollar program to attract new users. But in the…
Gelato Raises $11M as Smart Contract Automation Market Heats Up
The race is on to see who can capture the smart contract automation market, and early pioneer Gelato has raised $11 million to expand operations. The Series A round was led by…
Why Bitcoin Has Value and Should Be Part of Your Client’s Portfolio
Personal prosperity is the core of financial planning and why we work with our clients. Our goal as an advisor encapsulates helping clients achieve sustainable income through job satisfaction or entrepreneurship, increasing…
The Importance of Bitcoin Upgrades and Layer Two Applications
It’s no secret that the crypto community is divided around the support of bitcoin and alt coins, a term given to any coin that is an alternative to bitcoin. Some are in…
Visa Working on Interoperability Platform for Stablecoins, CBDCs
Payments behemoth Visa has proposed a platform to enable interoperability between central bank digital currencies (CBDCs) and other stablecoins. The “universal payments channel” (UPC) aims to allow the cryptocurrencies to be transferred…
Terra Blockchain, Home of LUNA and UST, Upgrades for Cross-Chain Interoperability
The Terra blockchain has completed Columbus-5, a hotly anticipated upgrade that is expected to make the system work more seamlessly with other cryptocurrency networks. The upgrade began at 8:31 UTC Thursday, after…
Argo Blockchain to Buy 20,000 Mining Machines for West Texas Data Center
Crypto mining firm Argo Blockchain has agreed to buy 20,000 mining machines for the data center it is building in West Texas. The Bitmain Antminer S19J Pro machines will increase London-based Argo’s…
Bitcoin Jumps as SEC’s Gensler Reiterates Support for Futures ETF; Dollar Rally May Cap Gains
What looked set to be a down day for bitcoin is turning positive, courtesy of renewed speculation that the U.S. could soon approve exchange-traded funds (ETF) on futures linked to the top…
Crypto Exchange Bitfinex Halts Trading Due to Platform Outage
Bitfinex, one of the largest decentralized crypto exchanges, said it has temporarily halted trading. The exchange said on its website status page that it was “investigating issues with the platform” at 07:43…
Kraken Reveals Security Vulnerabilities in Bitcoin ATMs
A commonly used model of bitcoin ATMs has several software and hardware vulnerabilities, Kraken Security Labs revealed in a blog post yesterday. The security team notified the manufacturer, General Bytes, on April…
New Zealand’s Reserve Bank Seeks Public Input on Digital Dollar Before December Deadline
The Reserve Bank of New Zealand is seeking public input over how it should assess the use case for the country’s digital dollar. Two discussion papers titled “The Future of Money –…
San Jose, ‘Capital of Silicon Valley,’ Wants to Provide Internet to Low-Income Households Using Helium Mining
The California city of San Jose, sometimes called the “Capital of Silicon Valley,” plans to fund internet access for low-income families through HNT tokens mined on the Helium network, according to a…
SBI, Sygnum, Azimut Establish $75M VC Fund for Crypto Startup Investments
A new Singapore-based venture capital fund has been set up by three major financial services firms that will pour $75 million into crypto startups across the EU and Asia. Japan’s SBI Group,…
DeFi Money Market Compound Overpays Millions in COMP Rewards in Possible Exploit; Founder Says $80M at Risk
In a possible exploit on Wednesday night, decentralized money market Compound has been erroneously paying out millions of dollars in COMP tokens intended as liquidity mining rewards. Twitter user “napgener” first flagged…
SEC Crypto Regulations Need ‘Even Application,’ Says A16z’s Katie Haun
Andreessen Horowitz (a16z) General Partner Katie Haun said the crypto industry isn’t opposed to regulation but does need clarity from regulators. “It’s not that the industry does not want regulation. I always…
Top 5 Best Altcoins in October 2021 with Huge POTENTIAL!!!
Source: YouTube: Ready Set Crypto Original Post: Top 5 Best Altcoins in October 2021 with Huge POTENTIAL!!!
Gensler Reiterates Support for Futures-Based Bitcoin ETFs
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler reiterated his support Wednesday for a narrow class of bitcoin exchange-traded funds (ETFs) that would invest in futures contracts instead of the crypto…
ConsenSys-Backed Palm Blockchain to Host DC Comics NFT Drop
Palm – a blockchain that is backed by blockchain technology company ConsenSys – scored a major win on Wednesday morning, announcing it will be home to a non-fungible token (NFT) drop from…
Pawn Your CryptoPunk: A New NFT DeFi Lending Market Blooms
It’s like a pawn shop for NFTs. A startup blockchain project called NFTfi is allowing users to borrow against their non-fungible tokens in a new project that sits at the nexus of…