Arbitrum Co-Founder Addresses DAO Vote Fiasco, Waves Off Allegations of ‘Decentralization Theater’

Aug 27, 2020 at 16:00 UTCUpdated Aug 27, 2020 at 16:13 UTCBitcoin News Roundup for Aug. 27, 2020With bitcoin slightly bearish and cyber bandits pillaging New Zealand’s NZX exchange, CoinDesk’s Markets Daily is back for your latest crypto news roundup! For early access before our regular noon Eastern time releases , subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.…

If he’s convicted of wire fraud and/or conspiracy charges, FTX founder Sam Bankman-Fried will probably spend quite a bit of time behind bars. But there’s a good chance the 31-year-old won’t spend the rest of his life in prison.Bankman-Fried’s trial tied to the operation and collapse of FTX and its affiliated hedge fund, Alameda Research

Jan 23, 2020 at 08:00 UTCUpdated Jan 23, 2020 at 08:11 UTCAmun CEO Hany Rashwan via AmunDigital asset issuer Amun is launching a new financial product, this one for traders who predict bitcoin's price will drop.Announced Thursday, Switzerland-based Amun has launched the 21Shares Short Bitcoin ETP (SBTC) on the Swiss Stock Exchange (SIX), an exchange…

markets View Bitcoin is on the defensive, having closed below $8,000 last week. The price has also established a bearish lower high at $8,135. A short-term bullish-to-bearish trend change, however, would be confirmed if the price drops below $7,432 (June 4 low), establishing a lower low. With the weekly chart reporting a bearish candlestick pattern,…

This week Max Freccia from Truvius shares his perspectives on active vs. passive management and how these different investment models – well-defined in TradFi – can be applied to cryptocurrency investing. Many crypto investing tools have been launched, including SMA platforms, portfolio tools and ETFs. Max covers simple buy-and-hold strategies, automated indices and discretionary management…

news Canada-based cryptocurrency exchange Coinsquare has acquired decentralized exchange (DEX) StellarX. Announcing the news on Thursday, the firm said the purchase comes it acquired stellar wallet BlockEQ last December. That product will be rebranded to become the “anchor wallet” for the StellarX platform going forward. Coinsquare did not disclose the cost of the acquisition. StellarX is…

news Venture-backed startup Veil has acquired Predictions.Global, the leading site for exploring data on Augur prediction markets. “It’s certainly been the most used and popular third party-developed Augur product thus far,” Veil co-founder Paul Fletcher-Hill told CoinDesk in an email. Veil called Predictions.Global “the CoinMarketCap for the Augur ecosystem” in an announcement post on Medium. Augur…

Wealth managers are increasingly receiving client questions about investing in crypto and how clients can gain exposure to this asset class. Most financial advisers are unaware of the pros and cons of investment vehicles available to invest in digital assets on behalf of their clients.Over the past 12 months, 90% of financial advisers have received

CoinDesk Indices (CDI) presents its bi-weekly market update, highlighting the performance of leaders and laggards in the benchmark CoinDesk 20 Index (CD20) and the broad CoinDesk Market Index (CMI).All but two members of the CoinDesk 20 closed Thursday at levels higher than last Friday, including Bitcoin (BTC), which advanced 7.6%, and Ether (ETH), which added