Draper Dragon Backs $20 Million Raise for Alibaba Vets’ Blockchain Startup

Jan 23, 2020 at 13:10 UTCUpdated Jan 23, 2020 at 13:12 UTCIt has been over 10 years since the creation of cryptocurrencies, and while clear narratives have emerged to justify their existence, none are decisively supported by data. For example, charts suggest bitcoin’s use case as a store of value is taking hold among some new…

markets View Solid gains over the weekend saw bitcoin’s price rise $200/4.89 percent, defying overbought indicators on the daily chart with a strong candle close on April 7. The hourly chart for bitcoin is printing an ascending triangle, signalling a continuation in price action. The longer-term outlook remains bullish for bitcoin as long as prices…

Crypto-tracked futures saw over $550 million in losses in the past 24 hours, with meme coins racking up some $90 million in evaporated bets alone.Leveraged bets on crypto futures increased to over $66 billion in the past week, while funding rates on some tokens have zoomed to over 100% annualized.Crypto-tracked futures amassed over $550 million

news Swiss Post, the country’s national postal service, and state-owned telecoms provider Swisscom have united to develop a blockchain platform. The two announced Thursday that they are using Hyperledger Fabric to build their “simple, secure and sustainable” private blockchain infrastructure, intended to be utilized by their own, as well as other companies’, applications. The infrastructure is…

Jul 16, 2020 at 10:59 UTCZcash Foundation Executive Director Josh Cincinnati speaks at ETHDenver 2020. (Photo by Will Foxley for CoinDesk)Zcash Latest Hard Fork ‘Heartwood’ Makes Mining PrivatePrivacy coin Zcash has successfully hard forked in the planned network update “Heartwood.” With the update, miners can receive coinbase transactions right to a private address, in addition…

As huge financial intermediaries increasingly censor online content providers, decentralized technologies de-censor them. It’s not always clear which side to cheer for.Allie Eve Knox, a sex worker who specializes in financial-related fetishes, woke up on Oct. 15 to find that of the thousand or so videos that she has uploaded to iWantClips, a site that…

A group of bipartisan U.S. lawmakers have urged the Treasury to revise its proposed digital-assets taxation regime. The group is backing crypto representatives and lawyers who have called the proposed taxation scheme “dangerous and improper overreach.”Chairman of the House Financial Services Committee, Patrick McHenry (R-NC) and Congressman Ritchie Torres (D-N.Y) led a group of nine

NEW YORK — Samourai Wallet co-founder Keonne Rodriguez pleaded not guilty to two criminal charges tied to creating and marketing the privacy-focused bitcoin wallet application and mixing service in a Manhattan courtroom on Monday.Rodriguez, 35, and his Samourai Wallet co-founder William Lonergan Hill, 65, were arrested last week – Rodriguez in Pennsylvania and Hill in

Aug 3, 2020 at 11:44 UTCUpdated Aug 3, 2020 at 11:56 UTC(Denis Belyaevskiy/Shutterstock)A Spanish cryptocurrency payments app and card issuer has admitted it won’t be able to immediately repay users affected by Friday’s $1.4 million hack and has offered a compromise instead. Madrid-based 2gether said Sunday it hadn't been able to find the funds to…