EU Launches Estimated €400M Blockchain, AI Fund to Avoid Lagging US, China

news Circle’s head of trading, Dan Matuszewski, has announced internally that he is moving on from the company, CoinDesk has learned. He’s being replaced by Nick Gustafson, a Kraken and UBS alum. “Circle Trade was born mostly out of accident. Initially tasked with providing liquidity for our retail bitcoin payments app, our presence in the…

Nocturne Labs, the company behind the privacy on-chain accounts protocol Nocturne, announced Wednesday it raised $6 million in a seed funding round co-led by Bain Capital Crypto and Polychain Capital.The funding round drew participation from other prominent investors in the Ethereum ecosystem, including Ethereum co-founder Vitalik Buterin, Bankless Ventures, HackVC and Robot Ventures.The money will

FTX Founder Sam Bankman-Fried will not face a second criminal trial, federal prosecutors said Friday in a letter filed in New York federal court.In the letter, prosecutors suggested a second trial would "delay" a "timely and just resolution of the case." The government's lawyers also argued that their original case against Bankman-Fried had already provided

Bitcoin rallied to an all-time high of around $66,000 on Wednesday, reversing a nearly 50% correction earlier this year. Traders remain optimistic and expect further upside across cryptocurrencies as the ProShares Bitcoin Strategy ETF (NYSE: BITO), the first U.S. bitcoin-linked exchange-traded fund, made its debut on Tuesday.At this point, “short-term corrections outweigh the positive expectations…

Oct 26, 2020 at 12:19 UTCKiller whales (Bryan Goff/Unsplash)Number of Bitcoin ‘Whale’ Addresses at Highest Since Fall 2016The number of bitcoin “whales” – large investors with an ability to influence market trends – has jumped to four-year highs alongside the recent price rally.As of Sunday, the population of whale entities – clusters of addresses held…

Sam Bankman-Fried intends to argue he was acting in "good faith" in loaning funds to FTX and Alameda executives, in setting Signal messages to auto-delete and in setting up a set of North American entities because he was following the advice of lawyers, including law firm Fenwick & West.The FTX founder's defense team published a…

NEWS Oct 23, 2018 at 06:30 UTC  |  Updated  Oct 23, 2018 at 07:38 UTC Mobile payments startup Square is making its bitcoin cold storage solution open-source. Alok Menghrajani, a security engineer for the company, announced in a blog post on Tuesday that the documentation, code and tools for the company's "Subzero" bitcoin cold storage solution are…

The chief of the European Central Bank (ECB) said Friday that the institution sees no "concrete need" to issue a digital version of the euro, Reuters reports. In a letter to a member of the European Parliament, ECB President Mario Draghi said a lack of robustness in the technology that would underlie such an endeavor,…

Crypto exchange Coinbase's (COIN) chief legal officer Paul Grewal is "quite hopeful" that bitcoin spot exchange-traded fund (ETF) applications will be approved by the U.S. Securities and Exchange Commission (SEC)."I’m quite hopeful that these applications will be granted, if only because they should be granted under the law," Grewal said in an interview with CNBC