Optimism set to unlock $587M worth of OP tokens, will investors unload?
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Everledger and Glasgow Uni team up to fight counterfeit Scotch Whisky
About 40% of vintage whisky bottles were either fake or not produced when claimed. 1371 Total views 6 Total shares The University of Glasgow’s Scottish Universities Environment Research Centre, or SUERC, is joining forces with supply chain company Everledger to tackle counterfeiting within the whisky industry, according to a Dec. 18 post.The market for collectable…
Bitcoin derivatives data shows pro traders ignored today’s $41K pump
Sometimes all Bitcoin (BTC) needs to pump 10% is a positive remark from someone like Elon Musk. The Tesla CEO has been pointed to as the culprit for the recent downturn after the company’s May 12 announcement explaining that it would no longer accept Bitcoin payments due to environmental concerns. Musk followed up by saying…
VC firm a16z pursuing crypto lobbying push in Washington
Andreessen Horowitz executives will seek to guide U.S. policymakers on standards for crypto and Web 3.0. 398 Total views 19 Total shares Anthony Albanese, chief operating officer of Andreessen Horowitz’s (a16z) crypto division, and Katie Haun, general partner at the firm, are among a high-powered delegation from the venture capital giant who will engage with…
‘Killer use case’: Citi says trillions in assets could be tokenized by 2030
Investment bank Citi is betting on the blockchain-based tokenization of real-world assets to become the next “killer use case” in crypto, with the firm forecasting the market to reach between $4 trillion to $5 trillion by 2030.That would mark an 80-fold increase from the current value of real-world assets locked on blockchains, Citi explained in…
FTX Token (FTT) rallies 105% as interest in derivatives trading grows
FTX is a cryptocurrency derivatives exchange backed by Alameda Research, a quantitative trading firm and crypto liquidity provider. The exchange launched in April 2019 and offered the usual spot trading, inverse swaps and futures contracts that can be found at other major platforms. By early 2020, the exchange launched its daily and weekly binary BTC options…
Binance Invests in Taiwanese Blockchain Data Monetization Startup Numbers
Major cryptocurrency exchange Binance has invested an undisclosed sum in blockchain data monetization startup Numbers.According to a post published on Binance’s official blog on Jan. 21, Numbers aims to create an open, transparent and traceable data sharing, verification and management system. The firm’s open source application reportedly allows individuals to own and monetize their personal…
Controlling shareholders’ stakes in GBTC are ‘highly illiquid’: Report
"It's net good news for GBTC shareholders and FUD fighting," said Selkis. 830 Total views 7 Total shares According to a new Twitter post by Ryan Selkis, CEO of blockchain research firm Messari, Grayscale Bitcoin Trust's (GBTC) controlling shareholders Genesis Global and Digital Currency Group cannot simply "dump" their holdings to raise more capital. Selkis…
Investor Sues Crypto Mining Firm Riot Blockchain to Pay $728K in Legal Fees
An investor sued Nasdaq-listed cryptocurrency mining firm Riot Blockchain for $728,200 that the investor owes in another contract breach lawsuit.According to court documents filed on April 3, the aforementioned sum is the money Riot Blockchain investor Barry Honig and consulting firm GRQ Consultants spent on the legal proceedings over the contracts between the parties. The…