Big Investors Deny Involvement In Crypto Miner Bitmain’s Pre-IPO Funding

news The venture capital arm of ethereum development studio ConsenSys is continuing to invest in the blockchain and cryptocurrency space with the backing of two early-stage startups. ConsenSys Ventures announced Thursday that it invested $1.15 million investment in zero-knowledge proof (ZKP) cryptography startup Ligero, while Philippines-based cryptocurrency exchange PDAX received an undisclosed sum. Kavita Gupta, founder…

news Blythe Masters, the CEO of distributed ledger technology provider Digital Asset Holdings, has stepped down after three years running the firm. The company announced Tuesday that Masters will remain as a shareholder, strategic advisor and member of the company’s board of directors, but that she would vacate her position as chief executive for personal…

Aug 11, 2020 at 18:11 UTCUpdated Aug 11, 2020 at 18:33 UTCCoinbase CEO Brian Armstrong (CoinDesk archives)Coinbase Exits Industry Lobbying Group in Protest Over Recent Unspecified ‘Decisions’Coinbase has withdrawn from industry lobbying group the Blockchain Association. The move comes a day after crypto exchange rival Binance.US joined the group. "Recent decisions made by the association…

news The Winklevoss-owned cryptocurrency exchange Gemini will apply for a broker-dealer license from the Financial Industry Regulatory Authority (FINRA), CoinDesk has learned. This is the first step toward becoming an approved Alternative Trading System, where customers can lawfully swap digital securities. Gemini previously partnered with the tokenized securities platform Harbor, which allows institutional investors to…

news Chainlink CEO Sergey Nazarov spoke at CoinDesk’s Invest: Asia 2019 conference in Singapore on current products and future developments for the Chainlink platform. A smart contract and API bridging service, Chainlink connects smart contract platforms–like decentralized finance products–to oracles containing real market data and event information. At Invest: Asia, Nazarov said the platform is…

Bitcoin breaks out, Twitter CEO Jack Dorsey sets up bitcoin node and Bank of England warns on negative rates, but it's DeFi that's mooning.Feb 5, 2021 at 2:34 p.m. UTCUpdated Feb 5, 2021 at 2:38 p.m. UTCFirst Mover: It’s ‘Dorsey’s Node’ as Bitcoin Marches Higher, DOGE ChokesBitcoin drifts higher, DeFi tokens moon, dogecoin pantsBitcoin was…

Dec 10, 2020 at 8:30 p.m. UTC(Drop of Light/Shutterstock)World Economic Forum Wants to Standardize Ethical Data CollectionThe World Economic Forum (WEF) is designing a global governance framework for the ethical collection and sharing of data, the organization announced Tuesday. WEF’s Data for Common Purpose Initiative (DCPI) is the first of its kind and aims to “responsibly…

news Bitfinex has announced that some of the bitcoin stolen in a major 2016 hack has been returned by the U.S. government. In a blog post published Monday, the exchange said that 27.66270285 BTC – worth just over $104,000 at time of writing – have been received from the U.S. government, and come as the result…

(Ian Suarez/CoinDesk)The final hub to make the cut into our top-15 ranking of crypto hubs, Lisbon had an above-average rating for crypto regulatory structure, 4 out of 5. That important criteria, in the drivers category, was worth 35% of the total score on its own. But Lisbon scored in the solid middle- to lower-middle of…