Even If It Fails: Why Dash Could Have a Lasting Impact on Crypto Adoption
Few cryptocurrency projects are evangelizing in emerging markets as aggressively as dash, giving $2.3 million to communities in the developing world.
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Crypto Bank Xapo Snags European Broker License, Will Offer Stocks Like Apple
Crypto bank Xapo will now offer trading of stocks like Apple to clients in Europe.The company is expanding beyond its bitcoin-only strategy, too, and will let customers trade Ethereum’s ether (ETH).Gibraltar-based digital asset bank Xapo has gotten a securities broker license, meaning it will be able to offer customers in Europe the ability to trade

Childhood Friends Battle Over Ownership of North America’s Largest Bitcoin Mine
Feb 11, 2020 at 10:00 UTCCoinmint's bitcoin mine in Massena, New York. Source: Prieur LearyChildhood Friends Battle Over Ownership of North America’s Largest Bitcoin MineJust four years ago, two lifelong friends from New Orleans turned a small initial investment into the largest crypto miner in North America. When their company, Coinmint, bought a former Alcoa…

MegaLabs, Behind the ‘Real-Time’ Blockchain, Raises $20M, Led By Dragonfly
MegaLabs, the main developer firm behind a new Ethereum scaling protocol designed to be so fast it's considered "real-time," announced Thursday that it has raised $20 million in a seed round led by Dragonfly Capital. The round also saw participation from Figment Capital, Folius Ventures, Robot Ventures, Big Brain Holding, Tangent and Credibly Neutral, and

Crypto Candidate in Arizona Is Winning (So Far) Despite Sen. Warren’s Headwinds
A deluge of crypto-industry money may have helped achieve a very narrow Arizona congressional primary win this week for Yassamin Ansari, a crypto-cheering Phoenix City Council member who faced a candidate backed by Sen. Elizabeth Warren (D-Mass.) But the race between Democrats Ansari and Raquel Terán, who'd been endorsed by leading crypto critic Warren, has

Republican Lawmakers Demand Gensler Tell Them How Prometheum Got SEC Approval
Republicans on the U.S. congressional committee that oversees the Securities and Exchange Commission (SEC) are demanding agency Chair Gary Gensler explain how Prometheum Inc. won its unique approval as a broker-dealer for crypto.The 23 House Financial Services Committee lawmakers who signed the letter, led by Chair Patrick McHenry (R-N.C.), questioned how the previously unknown firm…

SIX Stock Exchange Joins Venture Opening Up Digital Assets to Swiss Banks
Dec 7, 2020 at 3:53 p.m. UTCUpdated Dec 7, 2020 at 4:37 p.m. UTC(Denis Linine/Shutterstock)SIX Stock Exchange Joins Venture Opening Up Digital Assets to Swiss BanksSwiss stock exchange SIX has invested in Custodigit, an institutional-grade cryptocurrency custody firm founded by Swisscom and Sygnum in 2018.Announced Monday, the investment forms part of an agreement for a…

Mining Firm Sues Roger Ver, Bitmain and More for ‘Hijacking’ Bitcoin Cash
news A new lawsuit alleges that proponents of Bitcoin Cash ABC – one of two competing iterations of the bitcoin cash cryptocurrency that split off during a hard fork last month – illegally manipulated the market, damaging investors as a result. Florida-based United Investment Corp. filed a federal lawsuit in the U.S. District Court, Southern District of…

Multicoin Capital Is in Talks to Sell Roughly $100M FTX Bankruptcy Claim: Source
Cryptocurrency investment firm Multicoin Capital is in talks to sell its FTX bankruptcy claim, which has a value of roughly $100 million, according to a person familiar with the plans.Positive news around the FTX bankruptcy has seen claims being sold for upward of 70 cents on the dollar and climbing towards the eighties.Firms like Multicoin