Bitcoin ETFs legitimized the crypto industry for investors: Storm Partners

Compound users can no longer use YFI, ZRX, BAT and MKR tokens as collateral for loans. 291 Total views 3 Total shares Decentralized lending protocol Compound has paused the supply of four tokens as lending collateral on its platform, aiming to protect users against potential attacks involving price manipulation, similar to the recent $117 million…

SSI has built a blockchain app that aims to relieve car drivers and owners from paperwork associated with vehicle maintenance and inspection. 1870 Total views 39 Total shares Indian tech startup Smart Sight Innovation — or SSI — has developed an app designed to improve maintenance and inspection of vehicles.SSI built the mobile app for…

The South Korean Justice Ministry estimates that cryptocurrency-related crimes have caused 2.69 trillion won (about $2.28 billion) of financial damage between July 2017 and June 2019.According to a July 21 report by English-language local media The Korea Herald, the ministry claimed that 132 cryptocurrency-related criminals and fraudsters had been indicted and detained, with another 288…

Larry Fink, chief executive officer of BlackRock, said in July that the company was seeing "very little in terms of investor demand" for cryptocurrencies. 1854 Total views 9 Total shares A filing from the United States Securities and Exchange Commission, or SEC, shows that BlackRock Financial Management has increased the number of its Bitcoin futures…

Bitcoin’s (BTC) failure to make a strong recovery in the past few days has resulted in profit-booking in most major altcoins, threatening to pull the total crypto market capitalization back below $2 trillion.The U.S. equity markets witnessed profit-booking and the S&P 500 dropped by 1.69% last week, suggesting the development of a risk-off sentiment. Charles…

After the initial subdued reaction to the spot Ether ETF approval, Ether may move up, pulling LINK, UNI, and ARB higher, while Bitcoin may consolidate.

Under the acquisition’s terms, BitGo shareholders will get 33.8 million in newly issued shares of Galaxy Digital, in addition to $265 million in cash. 7365 Total views 15 Total shares Galaxy Digital, a crypto and blockchain-focused financial services and investment manager founded by Mike Novogratz, is set to acquire institutional crypto custodian service and wallet…

Equigy, a blockchain platform for managing batteries connected to the electric grid, is expanding its operations in the European Union. 275 Total views 12 Total shares Equigy, a blockchain platform for managing batteries connected to the electric grid, is expanding its operations in the European Union.Ecologic technology news outlet, Green Tech Media, reported on May…