Crypto-Powered Fantasy Football League to Raise $100 Million in ICO
A blockchain startup wants to raise nearly $100 million dollars to create a new form of fantasy football aimed to bring fans together.
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Exchange Run by Ex-Morgan Stanley Team Drops Trading Fees for Subscription Model
May 13, 2020 at 14:09 UTCUpdated May 13, 2020 at 14:30 UTCCrypto derivatives exchange Phemex is swapping out its existing trading fee structure for a new subscription model it says will make frequent trading more accessible. The Singapore-based exchange, which only launched in November, said its new Premium subscription model would encourage clients to trade…

DC Magistrate Judge Calls Unhosted Wallet ‘Horror Story’ a ‘Fiction’
“Indeed, cash poses a greater challenge to law enforcement than cryptocurrency in unhosted wallets," wrote Judge Zia Faruqui in an opinion on a forfeiture case.(Tingey Injury Law Firm/Unsplash, modified by CoinDesk)Jan 14, 2021 at 3:47 p.m. UTCUpdated Jan 14, 2021 at 3:55 p.m. UTCDC Magistrate Judge Calls Unhosted Wallet ‘Horror Story’ a ‘Fiction’Federal Magistrate Judge…

First Mover: Bitcoin Cash’s Halving Was Dull – Bitcoin’s May Be Much the Same
First Mover: Bitcoin Cash’s Halving Was Dull – Bitcoin’s May Be Much the SameBitcoin's upcoming halving – a once-every-four-years reduction in the supply of new units of the cryptocurrency – has got traders, analysts and gawkers abuzz over the potential price impact. German bank BayernLB predicted last year that bitcoin's halving could drive its price to…

$1 Billion Chinese Blockchain Fund Denies Report of Government Pull-Out
A major Chinese blockchain fund launched in April has denied a report that the local government will withdraw its financial support.

Bitcoin Cash Rallies 13% Ahead of BCH Halving, Bitcoin Steady Around $70K
Some traders warned of a further market-wide pullback if bitcoin lost the $69,000 level in the coming days.Dogecoin jumped 6%, while Bitcoin Cash saw a 13% rise ahead of an expected halving event on April 4, which historically has preceded a bull market for the token.Bitcoin (BTC) prices were little changed over the past 24

Republic’s Profit-Sharing Token on Avalanche Will Pay Investors VC Dividends
Startup fintech Republic Crypto plans to host its soon-to-launch revenue-sharing tokenized security on the Avalanche blockchain, the company told CoinDesk Friday.The asset, called R/Note, will be the vehicle through which Republic distributes stablecoin dividends to investors who bought a slice of the upside in the company's venture portfolio. Every time Republic exits a particularly successful

Munich Re Insures Curv’s Crypto Wallet To the Tune of $50 Million
news Crypto security company Curv has obtained up to $50 million of insurance coverage for its institutional customers from reinsurance giant Munich Re. The coverage, announced Friday, is an add-on to the Tel Aviv-based Curv’s Institutional Digital Asset Wallet Service, “Curv will have the financial capability to pay for losses of crypto assets,” the partners said…
First Mover Americas: Bitcoin Futures Positions Top Record $37B as Analysts Predict Bitcoin Surge to $83K
This article originally appeared in First Mover, CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day.Latest Prices(CoinDesk)Top StoriesBitcoin traders set a record for futures positions, with open interest surpassing $37.7 billion. The previous record of just under $37 billion was set in March