DLT Platform Hedera Hashgraph Completes $100 Million Raise
Decentralized ledger startup Hedera Hashgraph has raised $100 million to build out its platform and launch its network, the firm said Wednesday.
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New York Governor Proposes Giving Financial Watchdog More Teeth
Andrew Cuomo image via a katz / ShutterstockNew York governor Andrew Cuomo wants to give the Department of Financial Services (NYDFS) more powers in regulating certain licensed entities, including cryptocurrency startups.Cuomo presented his 2020 "state of the state" plan on Wednesday, publishing a 321-page list of proposals including a new look at exemptions that currently…

Arbitrum-Based Camelot Crypto Exchange to Deploy V2 Upgrade Saturday
Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Sage D. Young is a tech protocol reporter at CoinDesk. He owns a few NFTs, gold and silver, as well as BTC, ETH, LINK, AAVE, ARB, PEOPLE, DOGE, OS, and HTR. Join the most important conversation in crypto and Web3…

Market Confidence Could Quickly Crumble, BIS Warns Indebted Nations
Heavily indebted nations face the risk of a sudden loss of market confidence, BIS warned Sunday. The umbrella body for central banks cautioned against premature easing of monetary policy. The Bank of International Settlements (BIS) warned heavily indebted nations on Sunday of a sudden loss of market confidence, validating the long-standing concern in the crypto

Crypto Market Has Struggled Since Spot Ether ETFs Started Trading: Citi
The crypto market has struggled since the launch of spot ether ETFs, the report said. Citi noted that spot bitcoin and ether ETFs have seen net outflows in the past month. Stablecoins have been the outlier, with market caps continuing to grow, the bank said. The cryptocurrency market has struggled since the launch of trading

Bull Breather? Bitcoin Market Turns Indecisive at Two-Month High
Jan 16, 2020 at 11:00 UTC View Bitcoin is facing temporary bullish exhaustion, according to Wednesday’s “doji” candle. Now a may could be in the offing. The case for a notable pullback will strengthen if prices break below Wednesday’s low of $8,555. That could yield a drop to $8,200. A move above the hourly chart…

BlackRock Wants to Follow Bitcoin ETF With an Ethereum ETF. Marketing It Might Not Be So Simple
Not long after the debut of BlackRock’s bitcoin exchange-traded fund (ETF), the asset manager’s CEO Larry Fink effectively began the marketing drive for a second spot ETF product with the underlying cryptocurrency of Ethereum, citing the value of that blockchain’s transformational utility.The Wall Street machine needs to be fed and pushing more crypto ETFs is

U.S. Prosecutors Drop Extortion Charges Against Early Adviser to Ethereum Network
Criminal extortion charges against Steven Nerayoff, an early adviser to the Ethereum network, were dismissed by a New York judge on May 5, ending a three-and-a-half year legal battle that included explosive allegations he made against U.S. investigators.The dismissal, entered by U.S. District Court Judge Margo Brodie, chief judge of the Eastern District of New…

Five On-Chain Indicators Investors Should Follow: Chainalysis
Oct 23, 2020 at 10:00 UTCUse of a divining rod observed in Great Britain in the late 18th century. Image drawn by Thomas Pennant (1726-1798)(Wiki commons)Five On-Chain Indicators Investors Should Follow: ChainalysisAnalyzing cryptocurrency markets may seem easier than traditional markets because blockchain technology has more built-in transparency, enabling anyone to analyze and audit on-chain data.…