Ethereum-Powered Insurer Nexus Is Winning Over Blockchain Skeptics
Nexus is one of several blockchain startups trying to revive mutual insurance. Its first product will cover the risks of ethereum smart contracts.
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More Bitcoin ETF Rejections ‘Quite Likely,’ BitGo’s Belshe Says
BitGo CEO Mike Belshe said it's "quite likely" the U.S. Securities and Exchange Commission (SEC) will reject a series of spot bitcoin (BTC) exchange-traded fund (ETF) applications despite industry-wide optimism.Speaking in a Bloomberg interview, Belshe said the SEC might reject current applications on the basis that exchanges and custody are not separated. Coinbase (COIN) has

Binance’s Decentralized Exchange Is About to Launch for Public Testing
news Binance, the world’s largest cryptocurrency exchange by adjusted trading volume, is about to release its decentralized exchange, Binance DEX, for public testing. The firm’s CEO Changpeng Zhao tweeted Tuesday that the firm is targeting a date of Feb. 20 for the public testnet release of Binance Chain – the native public blockchain being developed…

The SEC Is Setting Up a New Office to Talk to ICO Startups
The U.S. Securities and Exchange Commission (SEC) is launching a new division with the goal of making it simpler for fintech startups – including those launching initial coin offerings (ICOs) – to navigate the legal implications of their products. Announced Thursday, the Strategic Hub for Innovation and Financial Technology (FinHub) will act as a central point…

NY Senate Confirms Acting Superintendent of NYDFS
news The New York State Senate has confirmed Linda Lacewell as new superintendent for the Department of Financial Services, the body responsible for regulating nearly 1,500 financial institutions with assets of more than $2.6 trillion and the cryptocurrency industry. Lacewell was nominated for the position by Governor Andrew Cuomo and previously served as chief of…

Chamath Palihapitiya’s Social Capital Holds Bitcoin From 2013 Amid Talk of Public Listing
Sep 21, 2020 at 17:01 UTCUpdated Sep 21, 2020 at 17:17 UTCChamath Palihapitiya (JD Lasica/Flickr Creative Commons)Chamath Palihapitiya’s Social Capital Holds Bitcoin From 2013 Amid Talk of Public ListingA Silicon Valley fund manager holds bitcoin purchased seven years ago as it mulls being publicly traded. Palo Alto, Calif., investment firm Social Capital invested in bitcoin…

One Month Later, Which Crypto Is Winning the Bitcoin Cash Split?
news One month has officially passed since the bitcoin cash blockchain underwent a hard fork on November 15, resulting in the creation of two distinct networks. They’re now commonly referred to as Bitcoin Cash ABC and Bitcoin SV. Yet in the weeks that followed the mid-November fracture, there is still no favorite in terms of…

VOIP Pioneer Says New Startup Is Paying Users Interest on Millions in Crypto
Celsius, a cryptocurrency lending startup, says it's paying thousands of users interest for depositing bitcoin and ether with its wallet app. Revealed exclusively to CoinDesk, Celsius claims to have garnered more than 10,000 users since the soft launch of its mobile app on June 29, with an average deposit of 0.5 bitcoin or 5.5 ether…

Protocol Village: Immutable zkEVM Will Allow Developers to ‘Abstract’ Transaction Fees
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