Gensler Said to Be Named SEC Chairman: Reuters

Jihan Wu is the co-founder of Bitmain, a multinational semiconductor company that is a major manufacturer of application-specific integrated circuit (ASIC) chips used to mine bitcoin and a variety of other cryptocurrencies. Through Bitmain, Wu oversees mining pools ConnectBTC, and the two historically largest bitcoin mining pools by computing power, BTC.com and AntPool. Additionally, Wu…

Nov 30, 2020 at 5:06 p.m. UTCUpdated Nov 30, 2020 at 5:18 p.m. UTCCanaan Reports $12M Q3 Loss, Says There’s ‘Rebounding Demand’ for Mining MachinesMining hardware manufacturer Canaan Creative reported a Q3 net loss of $12.7 million, or 54 cents per share, more than quadruple the size of Q2’s $2.38 million loss, or 10 cents…

news The standout performer in the cryptocurrency markets today is one of the world’s largest by market cap, Bitcoin SV (BSV), which at one point surged over 200 percent on some exchanges during today’s trading session. At 13:15 UTC, the price 11th largest crypto by market cap rank reached a 24-hour high of $139.31, a…

The behaviour of borrowers in decentralized finance (DeFi) is important in considering the design of collateralized borrowing platforms with emerging tokenized assets, a BIS study has found.The study's authors claim to be the first to document individual DeFi wallets’ leverage, relevant to understanding financial stability concerns.The behaviors of borrowers in the decentralized finance space and

Dec 31, 2019 at 20:00 UTCTom Shaughnessy is a co-founder of Delphi Digital as well as the host of the Chain Reaction podcast. Jordan Clifford is managing director of Scalar Capital. In this end of year interview for The Breakdown, Tom argues that the big story of 2019 was actually the fact that it was…

From the price of coffee to the national debt as a percentage of GDP, these 11 numbers provide a picture of a fast changing global economy.  For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS. This episode is sponsored by Crypto.com, Bitstamp and Nexo.io.…

Aug 24, 2020 at 16:36 UTCUpdated Aug 24, 2020 at 18:19 UTCCME Trading Floor (Joseph Sohm/Shutterstock)Antigua and Barbuda-based FTX announced Monday a futures index for the top 100 liquidity pools on Uniswap, the largest decentralized exchange by traded volume. “We've seen large demand from customers to get exposure to a broad base of DeFi (decentralized…

Oct 10, 2020 at 13:00 UTC(simpson33/iStock via Getty Images Plus)A Regulatory Reckoning for the Crypto Industry?Between BitMEX action, the U.K.’s derivative ban and the new U.S. Department of Justice enforcement framework, regulations are coming for crypto.For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.This episode is sponsored…

news Fidelity Digital Assets, the crypto-focused branch of the major asset manager, is looking to boost its team with the addition of 10 new blockchain professionals. Posted within the last two days, the new positions include a range of leadership roles, including a vice president, director and leading software engineer, as well as non-senior positions…