ConsenSys exec joins CoinFund to assist early-stage blockchain firms

Vanessa Grellet, a five-year veteran of Ethereum software company ConsenSys, will be joining crypto investment group CoinFund as its new head of portfolio growth. In an announcement from CoinFund on Thursday, the investment group said Grellet would be responsible for guiding its portfolio of more than 50 companies and projects. The new head of portfolio… Continue reading ConsenSys exec joins CoinFund to assist early-stage blockchain firms

IDEX's ‘hybrid liquidity pool’ aims to tackle some of DeFi’s biggest problems

IDEX, a San Francisco-based decentralized exchange, has unveiled new protocol upgrades designed to solve two of the biggest issues with DeFi — slippage and front-running.  The exchange claims that its Hybrid Liquidity protocol solves these challenges by combining an order book and trading engine with the liquidity pools of an automated market maker, or AMM. “The novel… Continue reading IDEX's ‘hybrid liquidity pool’ aims to tackle some of DeFi’s biggest problems

Sports collectible NFTs will have 'tremendous value created,' says Fanatics chair

Basketball legend Magic Johnson has a future with the bulls. No, he’s not returning to play for the NBA, but joining a major sports licensing company that looks favorably at the rise of the non-fungible token market. In an interview with CNBC’s Squawk Box today, Michael Rubin, executive chairman of sports merchandise company Fanatics, said… Continue reading Sports collectible NFTs will have 'tremendous value created,' says Fanatics chair

Bitcoin tumbles to $36K as Ark’s Cathie Wood addresses BTC regulatory fears

Bitcoin’s (BTC) quick run-up above $40,000 during the early New York trading session Thursday lost momentum midway as traders decided to secure short-term profits. The benchmark cryptocurrency shed up to 12.08% after topping out at $40,440 on Coinbase. It reached an intraday low of $36,410 ahead of the London opening bell on Friday, showcasing upside… Continue reading Bitcoin tumbles to $36K as Ark’s Cathie Wood addresses BTC regulatory fears

State-Owned Swiss Bank Postfinance Launches App Supporting 13 Cryptocurrencies – Finance Bitcoin News

The banking subsidiary of the national postal service of Switzerland, Postfinance, has launched a mobile app providing clients with access to cryptocurrencies, ETFs and more. The software allows users to make payments, save funds or invest in various assets, with a commitment to a level of security provided only by the country’s leading online banks.… Continue reading State-Owned Swiss Bank Postfinance Launches App Supporting 13 Cryptocurrencies – Finance Bitcoin News

Lawsuit Claims Onecoin's 'Cryptoqueen' Ruja Ignatova Holds 230,000 Bitcoin – Bitcoin News

One of the ringleaders of the largest crypto Ponzi schemes, Onecoin’s Ruja Ignatova, otherwise known as the “Cryptoqueen,” allegedly owns 230,000 bitcoin worth over $11 billion today. Court documents filed by victims of the Onecoin scheme indicate that she received the bitcoins from a member of an Emirati royal family in Dubai. Onecoin’s Cryptoqueen May… Continue reading Lawsuit Claims Onecoin's 'Cryptoqueen' Ruja Ignatova Holds 230,000 Bitcoin – Bitcoin News

Another 50% daily gain for Dogecoin confirms 'alt season' as Bitcoin slumps

The cryptocurrency market awoke to the sight of Dogecoin (DOGE) price surging to as high as $0.69 in the past two days, leading many to wonder if the recent performance of the world’s most popular meme token is now the leading indicator for the arrival of alt season.  Long-time crypto fans mark the fourth of… Continue reading Another 50% daily gain for Dogecoin confirms 'alt season' as Bitcoin slumps

Users of top Indian crypto exchange report seeing '0' funds during outage

Major Indian crypto exchange WazirX experienced disruptions caused by system failures for more than four hours Sunday.  In a tweet at 5:24 PM UTC, WazirX CEO Nischal Shetty reported that the crypto exchange had “hit some internal limits” set by one of the infrastructure providers. The load on Wazir’s system reportedly created “a ripple effect… Continue reading Users of top Indian crypto exchange report seeing '0' funds during outage

Thailand Authorities Are Targeting Japanese Crypto Holders to Boost Tourism – Emerging Markets Bitcoin News

Thailand seems to be interested in catching Japanese crypto holders’ attention via tourism. The country wants to establish a crypto-friendly touristic hotspot and the first targeted country is the nation of the rising sun. Program Aims to Add New Segments With ‘High Spending’ Per Bangkok Post, the Tourism Authority of Thailand (TAT) seeks to put… Continue reading Thailand Authorities Are Targeting Japanese Crypto Holders to Boost Tourism – Emerging Markets Bitcoin News

Goldman Sachs Launches Bitcoin Derivatives Trading as 'Institutional Demand Continues to Grow Significantly' – Bitcoin News

Investment bank Goldman Sachs has reportedly begun offering a bitcoin investment product to clients. The firm has opened up trading with non-deliverable forwards, a bitcoin derivatives product. To hedge against the cryptocurrency’s volatility, Goldman Sachs will trade bitcoin futures on CME Group. Goldman Sachs Begins Offering Bitcoin Product to Clients Investment bank Goldman Sachs “has… Continue reading Goldman Sachs Launches Bitcoin Derivatives Trading as 'Institutional Demand Continues to Grow Significantly' – Bitcoin News