GMO’s Cryptocurrency Business Made $2.3 Million Profit in Q2

May 21, 2020 at 16:00 UTCSpoooky! BTC saw a ghost Wednesday and scared the markets. It's CoinDesk's Markets Daily podcast.For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.Today's stories:For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.Disclosure Read More The leader in blockchain news, CoinDesk…

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NEWS Nov 7, 2018 at 09:03 UTC  |  Updated  Nov 7, 2018 at 09:03 UTC Spanish banking giant BBVA has completed a pilot that put a syndicated loan for $150 million on the blockchain. According to a report from the Financial Times on Wednesday, the bank arranged the loan for Red Electrica, the national electricity grid…

feature U.S. insurance giants State Farm and USAA have entered advanced testing of a blockchain to automate the time-consuming and paper-heavy processing of automobile claims. Announced Thursday, the companies developed this system using Quorum, the private enterprise version of ethereum created by JPMorgan Chase. State Farm and USAA began working on the joint platform (which…

news Japanese telecom SoftBank is exploring blockchain tech as a way to improve upon current centralized and fragmented ID and authentication services. The firm announced Tuesday that it has partnered with U.S.-based blockchain startup TBCASoft for the initiative and has created a working group within an existing blockchain consortium of telecom carriers, the Carrier Blockchain…

Some Friend.Tech users reported that they were the victim of SIM swap attacks over the weekend with the attackers successfully draining thousands of dollars worth of tokens.The Friend.Tech code itself was not exploited. No users are at immediate risk. The application lets holders buy "shares" of people who hold an account on X which grants

Oct 28, 2020 at 19:00 UTC(z_wei/iStock via Getty Images Plus)The ‘Everything Crash’ Is Coming? Markets Go Risk-Off as European Stocks See Worst Day in 5 MonthsStocks, oil, even gold are down on fears of resumed COVID-19 lockdowns, but bitcoin hodlers are keeping the faith.For more episodes and free early access before our regular 3 p.m. Eastern time…

Aave token holders started voting today for two governance proposals in response to the systemic liquidation risk posed by Curved founder Michael Egorov’s large borrowing position on the lending protocol.Authored by on-chain risk management platform Chaos Labs, the two proposals aim to disable the borrowing of CRV – the native governance token for stablecoin exchange…

Bitcoin’s (BTC) price remained largely unchanged at near $28,500 as the U.S. central bank did what was widely expected and raised interest rates by 25 basis points (bps). The increase sends the Federal funds rate to a target range of between 5% and 5.25%.The largest cryptocurrency by market capitalization was recently trading at around $28,460,…