OMG Network

feature Few companies in 2019 have managed to attract venture capitalists to private token sales without giving up equity. Yet the hedge fund and predictions market startup Numerai just closed an $11 million round in March led by Paradigm and Placeholder strictly by selling NMR tokens, first launched through an airdrop in 2017. According to…

May 20, 2020 at 19:10 UTCUpdated May 20, 2020 at 19:18 UTCUMA Project Creates Its First Synthetic Coin, Matching ETH Against BTCWant to bet the price of ether (ETH) is rising relative to the price of bitcoin (BTC)? There's now a token for precisely that.On Tuesday night, the UMA Project community approved contracts that allowed…

Jan 29, 2020 at 14:05 UTCUpdated Jan 29, 2020 at 14:45 UTCThe competition around staking is heating up, and the latest entrant is Binance US, which will begin offering staking rewards on two assets with plans to roll out more in the future, according to CEO Catherine Coley.On this episode of The Breakdown, Coley talks…

news Japan’s top financial watchdog has granted a license to a cryptocurrency exchange being relaunched by e-commerce giant Rakuten. The country’s Financial Service Agency (FSA) announced the news Monday, stating that the new exchange, Rakuten Wallet, is now registered with the Kanto Local Financial Bureau as a virtual currency exchange service provider under the country’s…

Oct 22, 2020 at 11:19 UTCUpdated Oct 22, 2020 at 11:22 UTCThe bitcoin (BTC) market looks to be shrugging off increased selling pressure from profit takers after prices surged this week.On Wednesday, bitcoin jumped over 7% to hit 15-month highs above $13,000 after payments giant PayPal announced support for cryptocurrencies.Cryptocurrency exchanges tracked by blockchain intelligence…

news After nearly two weeks of continuous voting, MakerDAO token holders have officially activated a decrease to DAI stablecoin fees. DAI is an ethereum-based token which presently maintains a soft peg to the U.S. dollar. In recent months, fees have increased dramatically for users to loan out DAI from the MakerDAO system. This was because…

news Facebook CEO Mark Zuckerberg says the company will spend “however long it takes” to get regulators and others on board before launching the Libra cryptocurrency project. Speaking during a quarterly earnings call on Wednesday, the social media giant’s founder sought to assure investors that Facebook would act responsibly with its development of Libra, the…

Featured SpeakerChristy Goldsmith RomeroCommissionerU.S. Commodity Futures Trading CommissionExplore the policy fallout from the 2022 market crash, the advance of CBDCs and more.Camomile Shumba is a CoinDesk regulatory reporter based in the UK. She previously worked as an intern for Business Insider and Bloomberg News. She does not currently hold value in any digital currencies or…

The crypto ETF era is just getting started, according to Matt Hougan, the chief investment officer of crypto fund issuer Bitwise. Crypto-native investors that have soured on Ethereum's ether (ETH) are underestimating its appeal to TradFi investors and developers. Crypto is in a great spot no matter who wins the U.S. election, he argues. 02:07