Bitcoin News Roundup for Feb. 17, 2021

news Regulated spot and futures crypto exchange Kraken has completed a $13.5 million round of financing on Bnk To The Future (BF), an online investment platform. With 2,263 participants, the campaign also represents BF’s most successful funding round by individual donors. The exchange sought the capital as a way to push its valuation past the $4…

Professional investors withdrew over $120 million from ether (ETH)-tracked exchange-traded products in the past two weeks, crypto firm CoinShares said in a Monday report. Such products recorded $60 million in net outflows each the past two weeks, the most since August 2022. Elsewhere, multiasset and bitcoin (BTC) ETPs recorded inflows at $18 million and $10

XRP surged 17% following a settlement in the case involving Ripple Labs and the U.S. Securities and Exchange Commission (SEC). This led to a jump in its price from 50 cents to 65 cents and a significant increase in trading volumes. The settlement involved Ripple paying $125 million in civil penalties and agreeing to an

feature The so-called “hash war” over the future of bitcoin cash is over – and what remains appears to be a persisting rivalry between the forces behind what are now two distinct cryptocurrencies. Created in November when the blockchain underwent a controversial system-wide upgrade (also called a hard fork), there remains a segment of the…

Blockchain Bites: Goldman’s Hire, Ether’s Options, Bitcoin’s PatronageThe Federal Reserve is rushing ahead with its payments platform, Russia’s largest bank is going in on blockchain and so is Goldman Sachs. You’re reading Blockchain Bites, the daily roundup of the most pivotal stories in blockchain and crypto news, and why they’re significant. You can subscribe to this…

Virginia's Subcommittee on General Government has allocated $17,192 a year to the Blockchain and Cryptocurrency Commission and the money will help run the committee and cover travel expenses.The Blockchain and Cryptocurrency Commission was recently legislated to make recommendations related to blockchain technology and crypto.Virginia's Subcommittee on General Government proposed allocating a humble $17,192 a year

Dec 18, 2019 at 10:34 UTCUpdated Dec 18, 2019 at 10:41 UTCTaiwanese phone manufacturer HTC confirmed earlier this week that it would axe jobs to remain competitive and better focus on a handful of high-end products, including the EXODUS, its blockchain phone. HTC, which has around 3,000 employees, has not disclosed the scale of the lay-offs…

The GameStop-galvanized "bear raid" by retail stock traders appears to have terrified Wall Street, but crypto-industry marketeers are salivating over the prospect of new customer leads, and more demand.Jan 29, 2021 at 2:45 p.m. UTCUpdated Jan 29, 2021 at 2:46 p.m. UTCFirst Mover: Elon Musk #Bitcoin Moment Adds to Dogecoin, GameStop WackinessBitcoin (BTC) which seemed…

feature Silicon Valley fintech startup Ripple goes out of its way to say it didn’t create the cryptocurrency XRP. But that doesn’t mean the company doesn’t rely on its vast reserves of the token when courting prospective hires. One engineer who asked to remain anonymous showed CoinDesk a recruiting email from late 2018 that promised an…