Ex-a16z Engineering and Security Heavyweights to Start Crypto Custody Firm: Source
The former chief technology officer (CTO) and chief information security officer (CISO) from venture capital firm Andreessen Horowitz (a16z) are starting an institution-focused cryptocurrency custody firm, according to a person familiar with the plans.
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LIVE: Caroline Ellison Starts Day 2 of Testimony Against Sam Bankman-Fried
This is a developing story and will be updated frequently throughout the day.NEW YORK — Former Alameda Research CEO Caroline Ellison retook the stand on Wednesday, after testifying that her former boss and ex-boyfriend, Sam Bankman-Fried, had directed many of FTX's now-public missteps.Shortly after Ellison resumed her testimony, Judge Lewis Kaplan dealt the defense another
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Market Wrap: Bitcoin Blows Past $36.1K While Traders Clamor for Ether Options
Jan 6, 2021 at 9:37 p.m. UTCCoinDesk 20 Bitcoin Price IndexMarket Wrap: Bitcoin Blows Past $36.1K While Traders Clamor for Ether OptionsRetail buying through PayPal is likely helping push bitcoin’s price higher while traders are hoping to get into an ether options market with potential volatility similar to March 2020.Bitcoin (BTC) trading around $36,122 as…
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Medici-Backed Bitsy Launches User-Friendly Crypto Wallet to Boost Adoption
Blockchain startup Bitsy wants to help build out the bridge between cryptocurrencies and fiat money. To that end, the company announced a new crypto wallet Friday, one aimed at providing a simplified, user-friendly experience. CEO Ann-Marie Hopkins told CoinDesk that the wallet will allow users to buy some amount of cyptocurrency, such as bitcoin, and ensure…
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Bill to Give Blockchain Records Legal Clout Reintroduced in US House
Oct 7, 2020 at 16:05 UTCUpdated Oct 7, 2020 at 16:35 UTCLeaders of the Congressional Blockchain Caucus have reintroduced a bill that would give legal status to blockchain-secured records and smart contracts.Rep. David Schweikert (R-Ariz.) and Rep. Darren Soto (D-Fla.) submitted the Blockchain Records and Transaction Act of 2020 on the House floor Wednesday, a…
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Former HSBC Exec and Blockchain Expert Diana Biggs Joins Valour as CEO
Biggs is an associate fellow at the University of Oxford's Saïd Business School, guest lecturing on blockchain technology and digital assets.Feb 11, 2021 at 1:58 p.m. UTCUpdated Feb 11, 2021 at 2:30 p.m. UTCFormer HSBC Exec and Blockchain Expert Diana Biggs Joins Valour as CEOSwiss digital asset investment firm Valour has appointed Diana Biggs, former…
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Facebook Softens Policy on Crypto and Blockchain Ads
news Over a year after its outright ban, Facebook has further lifted some restrictions on cryptocurrency and blockchain related advertisements. In an updated policy announced on May 8, the social media firm said ads involving blockchain technology, industry news, educational content or events related to cryptocurrency will no longer require prior written approval. However, Facebook added…
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Traders Claim Losses After OKEx Settled BCH Contracts at Short Notice
NEWS Traders have reportedly incurred losses after Hong Kong-based cryptocurrency exchange OKEx settled bitcoin cash futures contracts almost without warning ahead of last week’s hard fork. According to a Bloomberg report Monday, the decision by OKEx resulted in significant losses for some investors, including Qiao Changhe, founder of a firm called Consensus Technologies, who said…
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Crypto Funds Weekly Inflows Surge to Record of $2.7B
It was another big week for digital asset investment funds, with a record $2.7 billion of inflows bringing the total to $10.3 billion year-to-date, according to CoinShares.The record annual inflow of $10.3 billion in 2021 seems likely to be taken out next week, less than three months into 2024.It's all about bitcoin (BTC), which accounted