Binance Curb on Zero-Fee Trading May Cost Market Share, Boost TrueUSD Stablecoin: Kaiko Research Head
The BTC-TUSD trading volume had recently grown tenfold compared to Tuesday, Dustin Teander, an analyst at crypto research firm Messari, said in an email. However, the asset pair’s $50 million spot trading volume in the past 24 hours is dwarfed by the dominant stablecoin USDT’s $6 billion and BUSD’s $1 billion volume, he added.
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Capital markets image via Shutterstock.Crypto derivatives platform ErisX has added a capital markets risk management expert to its C-suite, the company announced Thursday. Vindhu Singh is the firm’s first chief risk officer and will report to Head of Eris Clearing Liz James. Singh will set the risk management priorities for the firm’s clearinghouse business roadmap as…

Overstock’s VC Wing Leads $8.2M Funding Round in GrainChain
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Union Square Ventures to Allocate 30% of New $250M Fund to Crypto-Related Investments
Planned investments "will include holding tokens directly as well as equity in early-stage blockchain-related projects."Union Square Ventures' Fred Wilson, left, with Coinbase CEO Brian Armstrong at Consensus 2019.(CoinDesk archives)Jan 26, 2021 at 7:48 p.m. UTCUpdated Jan 26, 2021 at 8:37 p.m. UTCUnion Square Ventures to Allocate 30% of New $250M Fund to Crypto-Related InvestmentsUnion Square…

What Is Proof-of-Stake?
Proof-of-stake is a method of maintaining the integrity of a cryptocurrency, preventing users from printing extra coins they didn’t earn. While a different method, called proof-of-work, is currently used by Bitcoin and Ethereum – the two largest cryptocurrencies by market capitalization – Ethereum has plans to migrate to proof-of-stake to make the platform more scalable…

Coinbase’s Existing $8B Valuation Means It Doesn’t Need an IPO, Lawyer Says
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BitClub Promoter Pleads Guilty for Role in $722M Fraudulent Mining Scheme
50-year-old Joseph Abel pleaded guilty to two securities and tax-related offenses Thursday due to his involvement in promoting BitClub Network, a fraudulent investment scheme worth $722 million that purported to be a cryptocurrency mining pool. Abel admitted to selling shares of the BitClub Network’s purported mining pools without approval from the U.S. Securities and Exchange…

Will Trump Trounce Biden? Polymarket Traders Are Betting on It.
This week in prediction marketsDo prediction markets have a pro-Trump bias? Or do they just put a premium on the front-runners?Trump and Biden will likely debate, while Trump won't be charged with another felony, Polymarket prices signal.Kalshi bettors place Coinbase volume above last quarter's. If traders on Polymarket are right, and there's $165 million bet

The Rise of Index Investing in Crypto
Cryptocurrency has evolved as a global asset class with significant implications for modern investment portfolios. Despite undeniable growth, crypto remains volatile, posing challenges for even seasoned investors. An increasingly popular solution to navigating these risks is crypto index investing. Crypto index funds are products that bundle multiple cryptocurrencies into a single vehicle, offering a diversified