Pot Publication High Times Now Says It Won’t Accept Bitcoin in IPO
High Times, which announced last week that it would accept bitcoin and ether for its coming IPO, said in an SEC filing Monday that this was an “error.”
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Korean Crypto Exchange Bithumb to Restart User Registrations
NEWS Aug 29, 2018 at 09:30 UTC | Updated Aug 29, 2018 at 11:00 UTC Bithumb, one of the largest cryptocurrency exchanges in South Korea, is reportedly renewing its contract with the country's Nonghyup Bank – a move that will allow the firm to once more accept new account registrations. Korean news agency Yonhap reports on…
Crypto Retail Market Is Poised for a Rebound: Gemini
Crypto adoption has remained steady in the U.S. and the U.K. in the past two years, the report said. Gemini said 65% of those surveyed said they held crypto for its long-term investment potential. The majority of crypto owners said they wanted to allocate 5% or more to digital assets, the survey said. Crypto adoption
Libra Isn’t a Cryptocurrency. It’s a Glimpse of a New Asset Class
opinion Noelle Acheson is a veteran of company analysis and a member of CoinDesk’s product team. The opinions expressed in this article are the author’s own. The following article originally appeared in Institutional Crypto by CoinDesk, a free newsletter for institutional investors interested in cryptoassets, with news and views on crypto infrastructure delivered every Tuesday. Sign…
Kraken’s Indices Provider Anticipates $1B AUM in Hong Kong ETFs by 2024 End: Bloomberg
London-based CF Benchmarks provides reference data for crypto ETFs totalling $24 billion in AUM, mostly bitcoin products including BlackRock's IBIT.The firm is also now working with the new ETFs in Hong Kong which debuted earlier this week to rather meagre trading volume.The CEO of CF Benchmarks, a unit of cryptocurrency exchange Kraken, predicts that despite
MIT Media Lab Director Joi Ito Steps Down Over Epstein Financing
news Joichi Ito, head of the Media Lab at the Massachusetts Institute of Technology (MIT), has resigned after it was revealed that he and other Media Lab staff had attempted to conceal financial contributions from convicted sex offender Jeffrey Epstein. The New Yorker reported last Friday that Ito and MIT Media lab – which hosts a…
Bank of Japan Ends Eight-Year Negative Rates Regime; Bitcoin Slides to $62.7K
The BOJ hiked the benchmark borrowing cost by 10 basis points, abandoning the prolonged negative interest rate policy.Bitcoin extended losses following the rate hike even as the yen remained under pressure.The new data-dependent BOJ could breed volatility and discourage the yen carry trades that are known to feed into risk assets.The Bank of Japan (BOJ)
Defiant Gensler Returns to Crypto Grievances Ahead of Senate Testimony
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler is doubling down on his crypto objections in his first remarks following the second recent court setback in his agency’s sweeping legal fight with the industry.After decisions in the Ripple case that energized crypto advocates and the even more pronounced failure of the SEC’s Grayscale bitcoin
Circle to Spin Out Poloniex Less Than 2 Years After $400 Million Takeover
news Crypto exchange Poloniex is spinning out from its parent firm Circle, the companies announced Friday. According to a pair of blog posts, Poloniex will now become Polo Digital Assets, Ltd., an “independent international company” backed by an unnamed Asian investment firm. The trading platform will not serve U.S. customers after this year. U.S. residents…