Crypto News Roundup for Oct. 19, 2021
Markets Daily Crypto Roundup
With crypto markets continuing to edge upwards and a look at how to treat crypto in your portfolio, CoinDesk’s Markets Daily is back with the latest news roundup.
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Where Bitcoin Fits in a Post-Scarcity World
This episode is sponsored by NYDIG.“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind…
Galaxy Digital Leads $30 Million Funding for Social-Crypto Startup Good Money
news Digital banking platform Good Money just raised $30 million in a Series A funding round to continue developing its app. Led by Michael Novogratz’s Galaxy Digital (via its Galaxy EOS VC Fund), participants in the funding round included Breyer Capital, Blocktower Capital, Boost VC, Ken Howery, BlockChange Ventures, Cross Culture Capital, Troy Carter, Mitch…
Wallet Provider Blockchain Ventures Takes Stake in Gaming Platform Enjin
news The venture arm of cryptocurrency wallet, data and exchange provider Blockchain has taken a stake in blockchain game technology firm Enjin. Blockchain Ventures said on Tuesday that the investment makes it the first equity investor in the gaming tech firm, which enables tokenized in-game items to be ported across ethereum-based titles built using its platform.…
Spanish Police Arrest Head of Billion-Dollar Crypto Arbitrage Platform on Fraud Allegations
Oct 22, 2020 at 18:54 UTCSpanish National Police have arrested the operator of cryptocurrency arbitrage firm Arbistar 2.0 in a crackdown on the platform that researchers and investors allege to be a massive bitcoin Ponzi scheme.Regional news outlet La Provincial reports operator Santiago Fuentes was taken into custody in Tenerife on Wednesday morning and was…
Citi and Brazilian Development Bank Join Hyperledger Foundation
The Hyperledger Foundation currently has 134 members, including DTCC, IBM and American Express.Hyperledger also announced the launch of a financial services working group, which includes the likes of Accenture, Mastercard and Visa.Citi and the Brazilian Development Bank (BNDES) have joined the Hyperledger Foundation to work collaboratively on fostering enterprise-grade services and solutions using blockchain technology.Enterprise
Some NFTs Are Probably Illegal. Does the SEC Care?
Here’s a terrifying thought: The U.S. government still doesn’t really know how to regulate the $2.5 trillion crypto market. It’s not that the laws don’t exist, or that Congress is uninterested in digital assets – it’s more that there’s a lack of consensus on how to apply existing regulations to an industry that seems to…
Digital Chamber Asks Court to Draw Line Between Investment Contracts and Assets in Telegram Case
Jan 22, 2020 at 10:00 UTCUpdated Jan 22, 2020 at 10:03 UTCU.S. District Court for the Southern District of New York image via elbud / ShutterstockThe Chamber of Digital Commerce, a blockchain advocacy group, wants a U.S. court to distinguish between an investment contract and the underlying asset used by Telegram during a 2018 initial…
Morgan Creek Invests in Startup Bringing Bitcoin to DeFI
Apr 15, 2020 at 14:25 UTCUpdated Apr 15, 2020 at 14:42 UTCMorgan Creek co-founder and partner Anthony Pompliano. (Credit: CoinDesk)Bitcoin advocate Anthony "Pomp" Pompliano is betting the top cryptocurrency might have more of a role to play in the emerging decentralized finance (DeFi) space.Pompliano's Morgan Creek Digital was one of the investors in a $2.6…