Crypto News Roundup for Nov. 9, 2021
Markets Daily Crypto Roundup
With both bitcoin and ether soaring past previous all-time highs and a look at a $4 million hip hop album, CoinDesk’s Markets Daily is back with the latest news roundup.
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Ex-Kraken Trading Head Leads Crypto Quant Fund With $23M in Assets, $2.3B in Trades
Jun 19, 2020 at 18:57 UTCFrench mathematician Évariste Galois, for whom Galois Capital is named. (Wikimedia Commons)A little-known virtual currency fund heavy on math and statistics is turning a steady profit under a lead trader who once oversaw a major cryptocurrency exchange. Galois Capital, a San Francisco cryptocurrency hedge fund that launched in January 2018,…

Activist Crypto Investors Score $2.5M Bounty After Campaign on FloorDAO
NFT finance-focused crypto group FloorDAO “forked” into two separate entities this week in an effort to shake off activist investors who had amassed an influential stake of the project’s governance tokens.FloorDAO, which seeks to build products for “NFT-Fi,” recently sent over $2.5 million of its treasury – in crypto tokens and NFTs – to a

Simon Malls Has 5 New Bitcoin ATMs With Bitstop Partnership
Nov 27, 2019 at 08:05 UTCUpdated Nov 27, 2019 at 08:10 UTCSimon Malls Has 5 New Bitcoin ATMs With Bitstop PartnershipCrypto ATM provider Bitstop is rolling out new machines in partnership with the U.S.’s largest retail shopping mall operator.Bitstop installed five bitcoin ATMs in Simon Property Group locations over the past month – in Carlsbad…

Venezuela to Peg Pension, Salary Systems to Petro Cryptocurrency
Venezuela is set to begin using its "petro" cryptocurrency as an official accounting unit, according to the country's president.

Money Reimagined: How a Dangerous Idea Could Work
Aug 14, 2020 at 17:20 UTCUpdated Aug 14, 2020 at 17:26 UTCMoney Reimagined: How a Dangerous Idea Could WorkThe Cato Institute’s George Selgin recently quipped that economists who are neither gold bugs nor advocates of Modern Monetary Theory (MMT) are distinguished on Twitter by their relatively low follower numbers (himself included). The joke, for which…

Bitcoin Price Volatility Likely to Stay Depressed After Fed Rate Decision
The Fed on Wednesday is likely to stick to its data-dependent stance, offering little surprises to the market, crypto traders said.Bitcoin options expiring on Friday suggests the cryptocurrency may not move more than 3% post-Fed.Volatility, or the degree of price turbulence, in in bitcoin (BTC) remains suppressed, consistent with the calm in the U.S. stock

Violet’s Decentralized Exchange Mauve Goes Live for Trading Compliant and Real World Assets
Mauve, a decentralized exchange (DEX) for trading compliant and real world assets, has officially gone live today, the company said in a press release.The DEX is one of the first non-custodial exchanges to be approved as a virtual asset service provider (VASP) by the Cayman Islands Monetary Authority, the firm said. It targets asset issuers

PwC Switzerland Incorporates ChainSecurity Team to Expand Blockchain Audit Tools
Jan 10, 2020 at 21:16 UTCUpdated Jan 10, 2020 at 21:22 UTCPwC image via ShutterstockPricewaterhouseCoopers (PwC) Switzerland has “hired” smart contract audit firm ChainSecurity’s team, folding the company and its expertise into the Big Four accounting firm, the companies announced earlier this week.In what seems like an acquisition in all but name, the seven technical…