Grayscale Has $16.4B in Crypto Assets Under Management, Up From $13B a Week Ago

news Several well-known cryptocurrencies are trading above their 200-day moving averages, a development typically considered a sign of a healthy market. A moving average (MA) is simply an ongoing calculation of the closing prices of an asset over a specified period of time, but is also a tool traders use to gauge the asset’s trend direction…

news Blockchain staking startup Bison Trails has raised $5.25 million in a series seed funding round backed by Mike Novogratz’s Galaxy Digital. Announcing the news on Friday, Bison Trails said the round was led by Accomplice and Initialized Capital, with Notation Capital, Homebrew, Distributed Global and Charge Ventures and other angel investors also taking part. The…

news Telecommunications conglomerate Verizon is eyeing the use of blockchain technology to underpin the dynamic creation of virtual SIM cards. The company was granted a patent with the U.S. Patent and Trademark Office for the concept on Sept. 10, in which it sets out how it the invention could do away with pre-inserted, branded physical SIM…

The U.K. Ministry of Justice is investigating blockchain as a possible tool for securing digital forms of evidence, its deputy director said Thursday.

Jul 14, 2020 at 13:00 UTC(Alexander Oganezov/Shutterstock)Crypto custodian Kingdom Trust is offering customers bitcoin cold storage from Fidelity Digital Assets. The storage will be offered on Kingdom Trust’s Choice retirement account, a hybrid self-service retirement platform where investors can buy, sell or hold stocks, exchange-traded funds (ETFs) and digital assets in one tax-advantaged account.  Kingdom…

U.K. based fintech bank Revolut has partnered with Fireblocks, a digital asset transaction and storage platform, to provide a secure payments infrastructure for the digital bank’s new cryptocurrency services. Announced Thursday, Revolut will use Fireblocks’ wallet and network infrastructure when it offers new crypto services for its 13 million global retail customers.The firm did not share…

Bitcoin was created in response to the Great Financial Crisis as the people’s currency to bypass the manipulation and mismanagement of the financial systems by governments, financial institutions and special interest groups. And while there’s an ongoing debate on whether or not Bitcoin is highly concentrated, it is undeniable that it is becoming increasingly so

Carbonable uses the Ethereum scaling overlay built by Starkware, which is also an investor in the seed round, to keep tabs on the carbon credit lifecycle, from the selection of the projects to the monitoring, issuance and retirement of carbon credits.

This morning, OpenSea said it had received a Wells Notice from the Securities Exchange Commission warning the agency was about to sue the leading NFT platform for violation of securities laws. The threatened action is the latest in a long line of similar moves from the SEC, and the reaction from the crypto industry has