Did Grayscale push Bitcoin back up to the $40K mark?

2021-01-14

  Within 48 hours of Grayscale reopening its services to new investors on January 13, Bitcoin’s price shot up by almostd 20%, to once again hover just under the $40,000 mark. During the same period, the institutional investment firm added 4,618 BTC to its portfolio at a current value ofRead More →

Can Bitcoin Become the Next Global Reserve Currency?

2021-01-14

One of the most interesting trends surfacing in the crypto industry today is the increasing likelihood of Bitcoin emerging as the next global reserve currency – something that Bitcoin fundamentalists have been preaching for the last decade.    With the combination of transparency and decentralized trust brought on by theRead More →

Scaramucci’s SkyBridge files with SEC to launch Bitcoin fund

2020-12-21

  Anthony Scaramucci’s multi-billion-dollar hedge fund, SkyBridge Capital, has submitted a formal application with the United States securities regulator to launch a new Bitcoin (BTC) fund. The Form D for an exempt offering appeared on the Securities and Exchange Commission’s website on Monday. The proposal lists “SkyBridge Bitcoin Fund L.P.”Read More →

How confident are bankers about detecting crypto-related payments?

2020-12-14

  Only 22% of bankers and financial investigators feel confident detecting crypto-related payments, according to blockchain analytics and cryptocurrency intelligence company – CipherTrace. During a webinar on “How Cryptocurrency Intelligence Tipped the Scales in 2020 Sanctions Evasion,” over 500 attendees from various financial institutions were asked if they felt confidentRead More →

Researchers say Ripple’s protocol ‘may fail badly’

2020-12-03

  Researchers from the University of Bern have released a report claiming Ripple’s consensus protocol “ensures neither safety nor liveness.” In a blog posted yesterday from the university’s Cryptology and Data Security Research Group, researchers Christian Cachin, Amores-Sesar, and Jovana Mićić released an analysis alleging the payment firm’s consensus protocolRead More →

Bayern Munich joins the blockchain-based fantasy soccer trend

2020-11-10

  German soccer club FC Bayern Munich, which plays in the country’s Bundesliga, is entering the world of blockchain-based fantasy soccer. The Ethereum blockchain-based fantasy soccer game Sorare, which Bayern joined this week, already counts over 100 participant clubs, including high-profile names such as Paris Saint-German, Juventus, PSG, and Atletico Madrid. FC BayernRead More →

Europe’s new crypto regulations pose existential questions for DeFi

2020-10-06

  The European Commission’s newly proposed cryptocurrency regulations pose a specific risk for the decentralized finance industry, according to industry regulatory adviser XReg Consulting. Adopted by the European Commission on Sept. 24, the proposed Markets in Crypto-Assets, or MiCA, regulations aim to strengthen consumer and investor protection in the crypto industry byRead More →