Michigan pension fund discloses $6.6M investment in Bitcoin ETFs

Institutional investors are increasingly entering the NFT space, particularly interested in providing original lending solutions. 609 Total views 47 Total shares Genesis Global Capital has completed one of its first purely NFT-backed loans for $6 million to Meta4 Capital, a Miami-based Web3 focused investment management firm. This loan is notable not just for its amount…

Uzbekistan wants to lift its ban on cryptocurrency purchases after barring residents from buying crypto in 2019. 4111 Total views 21 Total shares A major governmental agency in Uzbekistan seems to be rethinking its stance on cryptocurrencies.The National Agency for Project Management under the President of the Republic of Uzbekistan, or NAFT, issued an official document…

Some attention has been devoted in recent years to the matter of blockchain adoption — more specifically, when will blockchain technology go mainstream — and when it does, how will we even know? The question is somewhat problematic because blockchain is an infrastructure, operating in the background — out of sight — that runs across…

Some experts are still speculating that the final approval of spot Ether exchange-traded funds could allow listing and trading as early as July.

British auditing giant EY has released a new iteration of its zero-knowledge proof (ZKP) blockchain, intending to cut transaction costs by 90%.A ZKP is a digital protocol that enables data to be distributed between the two participants without using a password or any associated information in the transaction.According to an announcement on Dec. 19, EY…

Cryptocurrency-friendly internet banking app Revolut plans to launch in the United States later this year, the company has confirmed.Mastercard joins Visa support for RevolutIn a press release on Oct. 22, Revolut said its expanding partnership with Mastercard would allow it to enter the U.S. market by the end of 2019.United Kingdom-based Revolut has offered consumers…

It seems zero interest rates were not enough to keep DAI stable. A MakerDAO (MKR) governance proposal enacted on Tuesday set interest rates on most assets, with the notable exclusion of Ether (ETH), back above 0%.According to Daistats, interest rates for the USDC-A, WBTC and other minor vaults are now back to being at 2%,…

Arianna Simpson has been a general partner at the venture capital firm for more than a year as a16z led several high-profile raises for crypto and blockchain companies. 487 Total views 10 Total shares Major venture capital firm Andreessen Horowitz will be promoting a former employee of digital asset infrastructure provider BitGo to assist in…