Softbank, Baidu Lead $3 Million Funding for Ex-Googler’s Crypto Startup
Atlas Protocol is getting initial backing from Softbank China Capital and BV (Baidu Venture), who are betting on onchain data as a marketing asset.
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Ethereum Is Building the Internet of Value
Oct 13, 2020 at 15:15 UTCUpdated Oct 13, 2020 at 15:16 UTC(Joshua Sortino/Unsplash)Ethereum Is Building the Internet of ValueThe internet is at the cusp of entering a new phase, one where entrenched rulers are dethroned, more power is reclaimed by individuals and value moves as freely as cat GIFs.To understand why we need a better…

AI Investment Could Reach $200B Globally by 2025: Goldman Sachs
Investment in artificial intelligence is growing quickly and could have a bigger impact on U.S. gross domestic product (GDP) than the discovery of electricity or the advent of personal computers, Goldman Sachs (GS) said in a report Tuesday.“Generative AI has enormous economic potential and could boost global labor productivity by more than 1 percentage point…

How Traditional Exchanges Are Boosting Crypto Adoption
With ETPs, indices and derivatives, exchanges have started meeting demand for regulated crypto products, explains Kaiko's head of research.Six Swiss Exchange AG, Zurich, Switzerland, 2019. (Stefan Wermuth/Bloomberg/Getty Images)Feb 10, 2021 at 2:30 p.m. UTCUpdated Feb 10, 2021 at 2:35 p.m. UTCHow Traditional Exchanges Are Boosting Crypto AdoptionOver the past year, demand for regulated crypto investment…

Celestia’s TIA Token Trades at $3.15 on Futures Market Ahead of Airdrop
TIA, the native token of modular blockchain network Celestia, is trading at $3.15 on decentralized derivatives exchange Helix ahead of the mainnet launch later this week.Binance has set a tentative listing date of Oct. 31 at 16:00 UTC for TIA, which is expected to be airdropped to around 600,000 wallets. Kucoin and Bybit said the

Blockchain Bites: Winklevoss’ Wild Prediction, Bitcoin Miners’ Horde, Ethereum’s ‘Critical Bug’
Aug 28, 2020 at 16:44 UTCBlockchain Bites: Winklevoss’ Wild Prediction, Bitcoin Miners’ Horde, Ethereum’s ‘Critical Bug’Mongolian authorities have put the kibosh on cheap electricity for crypto miners, Venezuela is seeing healthy crypto use outside government-approved exchanges and a “critical bug” has left 13% of Ethereum nodes useless. You’re reading Blockchain Bites, the daily roundup of the…

White Supremacists Lean On Crypto, Says Anti-Defamation League Report on Extremists
White supremacist groups in the U.S. have sometimes been funded by crypto, according to a report from the Anti-Defamation League (ADL) that analyzed about $140,000 in transactions connected to 15 extremist groups or individuals last year.The ADL, a New York-base advocacy group that counters antisemitism and extremism, focused on the movement of bitcoin, and saw

CoinDesk 20 Performance Update: UNI Gains 6.3% as Nearly All Index Constituents Trade Higher
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information have been updated . CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. CoinDesk has adopted a set of principles aimed at ensuring the integrity, editorial

Franklin Templeton Joins Series A Round for Crypto Custodian Curv
Oct 22, 2020 at 13:10 UTCUpdated Oct 22, 2020 at 13:23 UTCFranklin Templeton was named for Benjamin Franklin (pictured on the $100 bill). (Patryk Kosmider/Shutterstock)Curv, a provider of cryptocurrency custody infrastructure, has been backed in an extended Series A funding round by investment firm Franklin Templeton and fintech-focused VC firm Illuminate Financial Management.The two new…