Chinese Central Bank Plans to Nip Young Crypto Businesses ‘In the Bud’

Coinbase has picked Ireland to be its regulatory hub within the European Union (EU), the company said.New EU laws known as the Markets in Crypto Assets regulation (MiCA) will allow crypto service providers to operate across the bloc based on a license from one of its 27 national regulators."Ireland has a supportive political environment for

Coinbase CEO Brian Armstrong (CoinDesk archives)Coinbase is developing a token crowdfunding platform for crypto startups looking to break into the space. CEO Brian Armstrong said on an Aug. 11 podcast with asset manager and host Patrick O'Shaughnessy that his exchange is indeed "working on" the platform first hinted last September - to be called "Coinbase…

news Bitcoin prices briefly slipped below $8,000 each on Thursday for the first time in three months, though the cryptocurrency is still more than double its level at the start of 2019. What do these bold – and volatile – moves mean for the ecosystem? David Nage, principal at the Los Angeles-based money manager Arca…

news Germany’s second-largest stock exchange, Boerse Stuttgart, has launched trading for exchange-traded notes (ETNs) based on two cryptocurrencies – XRP and litecoin (LTC). Boerse Stuttgart announced Monday that Sweden-based firm, XBT Provider, is issuing four securities that will track the price of XRP and LTC in relation to the euro and Swedish krona, with all…

May 29, 2020 at 14:26 UTCUpdated May 29, 2020 at 15:10 UTCJoe Roets, Dragonchain's CEO and chief architect (Credit: Vision Tree Media) Discovery Science to Premier Crypto-Funded TV Series About… Dragonchain?A new series about blockchain project Dragonchain is premiering on Discovery, and it’s been fully financed with $1 million in crypto. Production house Vision Tree…

markets Bitcoin has come under pressure ahead of the U.S. governmental hearings on Facebook’s Libra cryptocurrency on July 16 and 17. The price of a single bitcoin, which stood near $13,000 five days ago, fell below $10,000 earlier today and tested the 50-day moving average at $9,900 for the first time since February 18. Facebook’s…

Aug 5, 2020 at 19:17 UTCUpdated Aug 5, 2020 at 19:22 UTCTwo Reasons Crypto’s Bull Market Is ComingAnil Lulla is the co-founder and COO of Delphi Digital, a research firm dedicated to advancing the development of the crypto market.  In the past few months at least four crypto hedge funds have shuttered. Yet, there’s never…

CoreWeave, the specialized cloud service provider and Ethereum miner, has raised $50 million from Magnetar Capital to provide high-performance computing infrastructure.“With this new round of growth financing, CoreWeave will expand its offering to make high-performance computing available at the industry’s best performance-adjusted cost on a vastly broader scale,” CoreWeave CEO Michael Intrator said in a…

news A 33-year-old man in the Netherlands has been arrested for bitcoin mining fraud worth over €2 million ($2.2 million). Dutch tax authority’s investigative department, FIOD, announced the news Monday, saying that the man was a director of two private limited companies where he convinced around 100 people to buy computers for mining bitcoins that…