Kaiko Research: Monthly Market Report February 2021

news The Takeaway: Ethereum’s creators now acknowledge the blockchain wasn’t built to scale as a mainstream transaction platform. A planned reboot meant to address some of those issues, known as Eth 2, is at least two years away. There is no plan for how or when to migrate tokens and smart contracts onto Eth 2,…

Dec 11, 2020 at 8:00 p.m. UTC(porcorex/iStock via Getty Images Plus)Why a Massive 169-Year-Old Insurance Company Just Bought $100M in BitcoinMassMutual becomes the latest announced institutional buyer of bitcoin, and this one could be even more significant in terms of precedent. For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with…

Bitcoin mining was more profitable in February as the cryptocurrency rose 15%.Even though the hashrate has nearly doubled from a year ago, publicly traded miners have lost market share, Jefferies said.The bank cut its price target for Marathon Digital to $24 and raised Argo Blockchain to $1.50.04:20Bitcoin Miner Bitfarms Warns of Default01:17How Bitcoin Mining Got

CoinDesk Indices (CDI) presents its bi-weekly market update, highlighting the performance of leaders and laggards in the benchmark CoinDesk 20 Index (CD20) and the broad CoinDesk Market Index (CMI).Meme coin shiba inu (SHIB) continues to see outsized gains among the CoinDesk 20, more than doubling in value so far this week and now up nearly

The Federal Trade Commission (FTC) said it’s sending PayPal payments totaling more than $470,000 to people who lost money to two pyramid schemes involving cryptocurrencies.According to the FTC, the defendants promoted Bitcoin Funding Team and My7Network, which falsely promised that participants could earn large sums of money by paying cryptocurrency such as bitcoin or litecoin…

Vinay Gupta knows pandemics. And he knows how to deal with crises. When he researched the most effective way that society should respond to flu-like outbreaks, Gupta identified a concept that had not yet gone mainstream, “social distancing,” and wrote that social distancing is “one of the few tangible measures an ordinary person can take…

Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Elizabeth Napolitano is a news reporter at CoinDesk. Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.The Sui Foundation, an organization dedicated to layer 1 blockchain Sui, has appointed a managing director to…

Until recently, when users landed on the Roblox website, they were greeted with a proposition: Earn Serious Cash. It seemed straightforward enough. Sign up, create digital goods and build virtual experiences to sell to other players, and get rich. But as many millions of hopefuls have learned, it’s actually really hard to make money as

news Prime Factor Capital was the first crypto hedge fund approved as a full-scope alternative investment fund manager by the Financial Conduct Authority, according to Bloomberg. Though approved by the UK watchdog, the firm will abide by European regulations. Under these guidelines the firm will be allowed to hold more than 100 million euros in…