Helping you make wiser investment decisions


Libra Co-Creator’s VC Firm Co-Leads $12M Round in ‘Decentralized GitHub’

In retrospect, it was inevitable: A team of blockchain developers has forked GitHub and come up with a system for collaborating on open source software. There’s even a decentralized finance (DeFi) twist. Announced Thursday, Radicle, a fully decentralized code repository, has raised $12 million in funding, integrated its peer-to-peer network with Ethereum and launched the […]

Coinbase Hires Former Stripe Exec as Chief Compliance Officer

Cryptocurrency exchange Coinbase has hired a former executive of payments company Stripe to head its compliance efforts. Melissa Strait joins the San-Francisco-based exchange as chief compliance officer where she will be charged with ensuring company accountability, transparency and customer financial safety, Coinbase announced Wednesday. Strait brings a wealth of experience at Stripe, having served more […]

Will 2021 Finally Be the Year of the Bitcoin ETF?

There’s been renewed interest in bitcoin exchange-traded funds (ETFs) with the nomination of Gary Gensler to head the Securities and Exchange Commission and the approval of a true Canadian bitcoin ETF. Whether one gets approved in the U.S. is still unclear. You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency […]

New Emerging Markets Fund Targets Blockchain Startups

Asset management firms Alpha Innovations and Arcanum Capital have launched a $10 million venture capital fund focused on driving blockchain innovation in emerging markets.   The Arcanum Emerging Technologies Fund is to be the first of a series, with an initial close expected in late February, according to a company statement. The fund will provide seed […]

Why Comparing Bitcoin to Visa Doesn’t Make Any Sense

A reading of Nic Carter’s latest essay for CoinDesk on the inappropriateness of comparing the energy consumption of bitcoin and Visa transactions. Source link

Corporate Crypto Makes Government Bans Less Likely

A recap of a swath of news about corporate players coming into the crypto space, and why it could change the landscape of regulation. This episode is sponsored by On this edition of the weekly recap, NLW breaks down the entrance of corporates into the crypto space this week, including: He also argues that […]

Former Bitcoin Developer Mike Hearn Steps Down From Enterprise Blockchain Firm R3

Mike Hearn, the lead platform engineer at enterprise blockchain builder R3, is stepping down from his role at the company, CoinDesk has learned. Hearn will stay on at R3, but only in the capacity of a technical adviser, according to a memo sent to company staff Friday.  Hearn has long harbored ambitions to broaden his […]

Bitcoin at Center Stage (and Record High) as Mastercard, BNY Go Crypto

Price Point Bitcoin jumped more than 6% Thursday to a new record high of $48,297 after Mastercard confirmed CoinDesk’s exclusive Wednesday that the payments-processing giant plans to let merchants receive payments in cryptocurrency starting later this year. And BNY Mellon, the world’s largest custodian bank with some $41 trillion of assets in safekeeping, said Thursday it’s […]

The Grayscale Bitcoin Trust: What It Is and How It Works

The Grayscale Bitcoin Trust (GBTC) is the world’s largest bitcoin fund and the first investment vehicle of its kind to report financials regularly to the U.S. Securities and Exchange Commission (SEC). GBTC shares are part of a range of traditional financial products that track cryptocurrency prices offered by Grayscale Investments; the world’s biggest digital asset […]

Crypto-Friendly Signature Bank Added to JPMorgan’s ‘Focus List’

Signature is “positioned to ride the crypto wave,” a JPMorgan analyst wrote. Source link

Hardware Wallet Maker Ledger Adds DeFi Support to Mobile App

Ledger’s mobile app now allows users to connect to decentralized apps via an integration with open-source protocol WalletConnect. Source link

Wall Street Is ‘The Hunger Games’ With Suits

A reading of Ben Hunt’s latest essay for Epsilon Theory. Source link