“I felt like I wanna do things my way for once,” says solo developer Nour Haridy. Consisting of 24 Tweets over a 48-hour period, Inverse.Finance’s social media presence reads like a decentralized finance (DeFi) startup story in hyperdrive. Over the course of its short life the fledgling protocol has already attracted $4.3 million in total […]
Continue Reading
The DoJ thinks the FBI needs to shape up when it comes to its cryptocurrency support teams. A recently released U.S. Department of Justice audit of the Federal Bureau of Investigation’s (FBI) practices in regards to darknet criminal investigations concluded that the law enforcement agency is in disarray — and an overarching “cryptocurrency support strategy” […]
Continue Reading
Offline storage solutions are necessary for traditional custodians and banks supporting digital assets. Institutional investors are paying close attention to digital assets as Bitcoin (BTC) continues to soar past record-breaking levels, almost reaching the valuation of $24,000 for the first time in its history. Recent findings from a Bank of America–Merrill Lynch survey conducted between […]
Continue Reading
A handful of altcoins look ready to move higher as Bitcoin price enters a short consolidation phase. Christopher Wood, the global head of equity strategy at Jefferies, has dumped five percent of their physical gold position in order to buy Bitcoin (BTC). This move shows that a growing number of institutional investors consider Bitcoin to […]
Continue Reading
Ethereum proponents and DeFi enthusiasts alike have panned plans by Compound Finance to launch its own blockchain in 2021. DeFi lending protocol Compound published a white paper on Thursday introducing Compound Chain, a new blockchain aimed at providing cross-chain value transfer capability. Reactions to the news have been overwhelmingly negative with many respondents on social […]
Continue Reading
Pierre Rochard has made an “urgent” plea to lawmakers to instead create a strategic Bitcoin reserve and fill it with BTC seized by law enforcement. Bitcoin influencer Pierre Rochard has called on lawmakers to prevent more than $1.6 billion worth of seized Bitcoin from being auctioned, proposing instead that confiscated coins be put into a […]
Continue Reading
“A DAO is merely a formalizing of very deep and instinctive human bonds that I think have been suppressed.” One morning in July of 2019, Kain Warwick awoke at 6:30 to a grim phone call from his co-founder and CTO, Justin Moses. We have a problem, said Moses. Synthetix, the synthetic asset protocol that Warwick, […]
Continue Reading
Crypto banks offer an integrated solution that is connected to the traditional financial world — which, most importantly, is compliant with regulations. The crypto space has come a long way since its inception in 2008. Many areas have improved over the last 12 years, such as custody and exchange solutions. If you ask the early […]
Continue Reading
The fourth investment of the year from the Stellar Development Foundation has gone into Settle Network, a Latin American stablecoin and payments provider. The Stellar Development Foundation has invested Settle Network, the largest digital assets settlement network in the Latin American region. It marks the fourth investment this year from the SDF enterprise fund, bringing […]
Continue Reading
Institutions make mincemeat of the whales who just recently held huge sway over market sentiment below $20,000. Bitcoin (BTC) is seeing a new kind of “flippening” above $20,000 as its original whales keep selling their coins to bigger institutional buyers. Data from on-chain analytics service CryptoQuant shows that despite long-term investors rushing to offload BTC […]
Continue Reading