Digital Asset Outflows Continue for 6th Week Despite Bitcoin Price Surge
Overall, the data may reflect a need for liquidity among investors, according to CoinShares. Meanwhile, the largest cryptocurrency by market value’s price has surged from a low of about $19,400 in early March to its current level near $28,000. Over the past week, bitcoin has risen almost 15%.
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Crypto News Roundup for Jan. 29, 2020
Jan 29, 2020 at 17:00 UTCWith bitcoin set for its best-ever January, Markets Daily is back with today's crypto news roundup. For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.Today's news:For early access before our regular noon Eastern time releases, subscribe…

Ethereum Classic Activates Thanos Upgrade, Increasing Access for GPU Miners
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The Changing Face of Risk in DeFi
Decentralized finance (DeFi) is experiencing renewed momentum. The activity in new ecosystems, and the high yields, resemble the famous 2021 DeFi Summer. The variety of innovative protocols makes it incredibly hard for investors to keep up, while at the same time, the impressive growth raises concerns about risks accumulating in the DeFi ecosystem.You might have

How Contact Tracing Can Be Effective While Guarding Privacy
May 28, 2020 at 21:42 UTCUpdated May 28, 2020 at 21:43 UTCCredit: Horizon Church/UnsplashHow Contact Tracing Can Be Effective While Guarding PrivacyVipin Bharathan is chair of the Hyperledger Identity Working Group where he researches solutions for privacy in public settings. As the nCovid-19 virus has spread unchecked in the U.S., complete shutdowns are the adopted…

Tom Brady’s NFT Start-Up Autograph Shifts Strategy Amid Struggles: NYT
NFL legend Tom Brady's non-fungible token (NFT) start-up venture is shifting its strategy following bear market-related struggles over the last year, the New York Times reported on Thursday.The firm's revenue sank in 2022 amid the wider downturn in the digital asset market, according to the report, citing a person familiar with its finances. Autograph has…

Coinbase Key Metrics Show Bullish Outlook Among Traders With Short-Term Caution
Coinbase (COIN) rose almost 10% Tuesday after the crypto exchange was listed as a “surveillance partner” for several spot bitcoin ETFs, and rising options trading volumes and open interest indicate bullish sentiment may stay with the stock in the coming months.The firm was already named as a partner for BlackRock’s proposed bitcoin ETF – underpinning…

Student Lender SoFI Gets NY BitLicense, Clearing Way to Offer Crypto Trading
Dec 3, 2019 at 16:29 UTCUpdated Dec 3, 2019 at 16:43 UTCNYDFS Superintendent Linda LacewellStudent Lender SoFi Gets NY BitLicense, Clearing Way to Offer Crypto TradingStudent loan services provider SoFi has secured a New York virtual currency license, the state’s financial regulator announced Tuesday.The New York Department of Financial Services said in a press release…

France Votes for Hung Parliament as Major Parties Fall Short of Majority
The New Popular Front, a coalition of left-wing parties, won 188 seats in France's election on Sunday – the biggest winners, but not enough for a majority. President Emmanuel Macron's Ensemble won 161 seats, while Marine Le Pen's far-right National Rally secured 141. The lack of an outright majority could make forming new policy, including