Ex-Paradigm investor raises $75M for new frontier-tech venture firm

Making any cryptocurrency a national currency “is an inadvisable shortcut” to more inclusive financial services, according to two IMF officials. 1529 Total views 19 Total shares The International Monetary Fund is warning that some of the consequences of a country adopting Bitcoin as a national currency “could be dire.”According to IMF marketing department financial counsellor…

Peter Schiff seems to disagree, however, having bashed Bitcoin a number of times in the past 24 hours. 2493 Total views 12 Total shares Mike Novogratz, CEO of financial services firm Galaxy Digital, recently expressed his usual bullish Bitcoin sentiments on CNBC’s Squawk Box morning show. During the short segment, the show’s interviewer asked Novogratz…

Alibaba Group’s movie-making arm Alibaba Pictures reportedly plans to tokenize distribution rights for its new film "Striding into the Wind,” Chinese English-language publication China.org.cn reports on Nov. 22.The company has purportedly signed an agreement with New York-based decentralized entertainment platform Breaker, formerly known as SingularDTV, to distribute the film overseas using its blockchain platform.Li Jie,…

Bitcoin (BTC) extended volatility into the Sep. 8 Wall Street open as a classic “short squeeze” sparked new September highs.BTC/USD 1-hour chart. Source: TradingViewBitcoin offers a round trip to $24,400Data from Cointelegraph Markets Pro and TradingView showed BTC price movements liquidating shorts and longs alike.Bitcoin had seen upside momentum the day prior, this culminating in

Iran’s National Cyberspace Center has revealed that the draft of the state-backed cryptocurrency project is ready, local news outlet Financial Tribune reports August 25. According to the article, the national digital currency project was developed on instructions from President of Iran Hassan Rouhani. Saeed Mahdiyoun, the deputy director in charge of drafting regulations for Iran's…

Ed Tilly, the CEO of Cboe Global Markets, says that the Chicago-based exchange holding company hasn't “given up on” crypto, despite earlier setbacks. 3877 Total views 20 Total shares Chicago-based exchange holding company Cboe markets — an early pioneer of regulated Bitcoin futures trading in the United States — plans to build out more futures…

As Lightning Labs continues to expand the Lightning Network’s capabilities, another major exchange announces its plans to integrate. 996 Total views 9 Total shares Global cryptocurrency exchange OKEx is moving to cheaper and faster Bitcoin (BTC) transactions with its upcoming Lightning Network integration.According to a Feb. 2 announcement, OKEx’s Bitcoin Lightning Network will be integrated…

The survey took place in the EU's major economic areas such as France, Germany, Italy, Spain, Belgium, and the Netherlands. 283 Total views 27 Total shares On Tuesday, the European Central Bank, or ECB, published the results of a new survey conducted in six eurozone areas; the Netherlands, Spain, Italy, Belgium, France, and Germany. Together,…