Blockchain for Music Startup Raises $5.5. Million in New Funding
Decentralized music-sharing protocol Audius successfully raised $5.5 million as part of its mission to hand back more control to artists.
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Voyager Digital Reports 75% Revenue Rise in Q4, Cites Increased Crypto Adoption
Jan 5, 2021 at 2:19 p.m. UTCUpdated Jan 5, 2021 at 2:36 p.m. UTCVoyager founder and CEO Steve Ehrlich (right) (CoinDesk archives)Voyager Digital Reports 75% Revenue Rise in Q4, Cites Increased Crypto AdoptionCryptocurrency broker Voyager Digital (CNSX: VYGR) says its revenue for Q4 2020 is expected to reach around $3.5 million, an increase of 75%…

How SABRE Tech Can Stop Hackers From Splitting Bitcoin Into Two
news If hackers felt like it, they could split bitcoin in two. It wouldn’t even be that hard, according to research from 2017. Thanks to insecure technology underpinning the internet, someone with the right credentials could exploit the Border Gateway Protocol (BGP) by faking their identity and confusing the network into sending floods of data…

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Polymarket Traders See 32% Chance of No Fed Rate Cuts This Year
Traders on Polymarket now put the probability of the Fed holding rates steady in 2024 at 32%, compared to 7% in March.Traditional markets have scaled back expectations to two 25 basis points rate cuts from six in early January.The probability that the U.S. Federal Reserve (Fed) will keep interest rates unchanged this year is rising.Betters

Miners Trick Stablecoin Protocol PegNet, Turning $11 Into Almost $7M Hoard
Apr 22, 2020 at 09:20 UTCUpdated Apr 22, 2020 at 09:23 UTCRogue miners submitted phony price data that tricked decentralized stablecoin network PegNet into turning a small wallet balance into a $6.7 million stash.At approximately 05:00 UTC Tuesday morning, four mining entities – who together comprised as much as 70 percent of the PegNet hashrate…

Bitcoin Jumps to 3-Week High Near $8,600 as Fed Plans New Round of Reserve Increases
news View The Fed’s decision to expand its balance sheet is seen as a long-term positive development for bitcoin by crypto market experts. Speculation that SEC might approve ETF application by Bitwise is fueling optimism that more investors could allocate funds to the cryptocurrency. Prices for ethereum and bitcoin may have gotten a jolt of…

Probability for U.S. Approval of a Spot Bitcoin ETF Is Fairly High: Bernstein
The U.S. Securities and Exchange Commission’s (SEC) stance on spot bitcoin (BTC) exchange-traded-funds (ETF) is a difficult one to hold, and the probability for approval is fairly high, brokerage firm Bernstein said in a research report Monday.Bernstein notes that the SEC had already allowed futures based bitcoin ETFs, and recently approved leverage based futures ETFs…

CRV Gets Plunge Protection on Binance as Market Makers Add Bid-Side Liquidity
Crypto market makers stepped in on Binance to support Curve's native token CRV after the decentralized exchange's late Sunday exploit sent the cryptocurrency crashing and threatened the liquidation of a large CRV-collateralized borrowing and market-wide contagion.The 2% bid-side market depth, or the collection of buy orders within 2% of the mid-price, doubled from roughly 500,000…