The institutional flood into BTC continues. A United Kingdom-based investment manager has added Bitcoin (BTC) to its portfolio, underscoring the ongoing institutional shift toward digital assets. Ruffer Investment Company Limited, an investment manager with shares listed on the London Stock Exchange, has disclosed its new Bitcoin strategy. In a performance update and manager comment posted […]
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Bitcoiners should embrace institutional adoption as it keeps everyone honest, says Erik Voorhees. Institutional investors will play an important role in securing the future of cryptocurrencies like Bitcoin (BTC), according to Erik Voorhees, CEO and founder of ShapeShift.io. In a panel discussion at this year’s LaBitConf, Voorhees said Bitcoin’s adoption curve will grow substantially over […]
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Shapeshift CEO Erik Voorhees believes any asset manager who is ignorant of Bitcoin “needs to seriously check their premises.” Shapeshift CEO Erik Voorhees has drawn a metaphorical line in the financial sand, stating that every asset manager should understand Bitcoin now based on its astonishing rate of return. Voorhees made the comments while retweeting data […]
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A new bill introduced to Congress seeks to control the entire stablecoin industry by requiring all related activities to obtain federal approval first A new bill, introduced to US Congress on Wednesday night, could enforce blanket regulation on all stablecoins. If passed, any service provided in relation to these types of cryptocurrencies would become illegal […]
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Mainstream news agencies are beginning to provide positive coverage of Bitcoin, acknowledging its proper significance as an asset as the US dollar nosedives. The U.S. Dollar Index fell sharply today, extending a 10 month losing streak that places it at the lowest point since April 2018. International news agency Reuters marked the occasion with a […]
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The launch of a new ‘censored’ mining pool has some Bitcoiners worried its a harbinger of things to come. Blockchain analytics platform BlockSeer has launched the private beta version of a new Bitcoin (BTC) mining pool (Blockseer Mining Pool) that censors transactions from blacklisted wallets. The pool will use BlockSeer and Walletscore’s labeling data among […]
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“Who doesn’t love a story of a humble badass who refuses the easy path of corruption, loses everything, and still refuses to give up?” Each week we ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and we throw in a few random zingers to keep them on their […]
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Was Yam Finance’s short-lived rebasing project a useful economic experiment or just another scam? The crypto community is divided. There are some decentralized finance projects that make flash loans; Yam Finance (YAM) was a DeFi project that made a flash appearance. YAM, which initially described itself as a “minimally viable monetary experiment,” launched on August […]
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Yam Finance uncovered a bug the day after ShapeShift CEO Erik Voorhees called the project a scam. Yam finance (YAM), the latest fad in the crypto space, recently warned the public of a technical bug affecting the ecosystem. “We have found a bug in the rebasing contract,” the project said in an Aug. 12 tweet. “All […]
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Yam Finance claims to bring fairness to farming with new elastic supply token. The latest craze in the DeFi sector is a new yield farming protocol called Yam which promises ‘equal opportunity’ staking with no premine, no founder shares, and a zero value token at launch. The experimental Yam Protocol is the talk of Crypto […]
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