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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Winklevoss Patents Tout Use Case for Gemini Stablecoin Tech in Banking
The owners of the Gemini cryptocurrency exchange, the Winklevoss brothers, have won a flurry of U.S. patents for stablecoin technology they say could be issued by commercial banks. Six patents, awarded between August 2019 and January 2020 to Tyler and Cameron Winklevoss' intellectual property company, outline a system, similar to the collateralized token model already…
Fantasy Football League to Raise $100 Million in Crypto ICO
A blockchain startup wants to raise nearly $100 million dollars to create a new form of fantasy football aimed to bring fans together.
RSK Creators Acquire Spanish Social Network
news IVOLabs, the parent company behind RSK‘s bitcoin smart contract network, today announced its acquisition of Spanish-language social networking platform Taringa. With the deal, IVOLabs announced it will also integrate RIF, RSK’s native token, into Taringa. In a release, IVOLabs said Taringa will both integrate and test RSK decentralized applications and infrastructure. One of the largest…
Nomura-Backed Crypto Custody Firm Komainu Wins Operating License in Dubai
Komainu, the cryptocurrency custody joint venture of Nomura, Ledger and CoinShares, has received an operating license from the Virtual Asset Regulatory Authority (VARA) in Dubai.Komainu can now offer its full range of custody services, including institutional staking and collateral management via its Komainu Connect platform, to clients in the emirate, the company said in a…
An Internet for Humans: Proof-of-Personhood Explained
Oct 27, 2020 at 19:27 UTCUpdated Oct 27, 2020 at 19:28 UTC(Rob Curran/Unsplash, modified by CoinDesk)Identity is one of our most fundamental human rights. Yet, in the age of surveillance, commodification and centralization, it is under threat. Edward Snowden said it best, “The one vulnerability being exploited across all systems is identity.” If the “State is…
Why Global Deflation May Not Be Bad News for Bitcoin
Apr 24, 2020 at 18:51 UTCGold image via ShutterstockContrary to expectations, bitcoin could see a positive performance during a possible bout of global deflation if it acts not just as an investment asset, but as a medium of exchange and a perceived safe haven like gold. The top cryptocurrency by market value is widely considered to…
To Survive the New Era of Robot Spam, Look to Crypto’s History
This is David Z. Morris, filling in for Michael Casey to talk about so-called artificial intelligence, the threats it poses to the future – and how crypto could help mitigate them.As Michael would surely agree, there are no real days off in crypto. I was reminded myself when I recently spent a long weekend at…
The Next Big Web3 Trend Wasn’t on Stage at Consensus
Last week at Consensus, Yat Siu nearly missed his talk on the Main Stage because he was swamped by a throng of adoring fans, desperate to steal a minute with the metaverse mogul. Siu’s fellow panelist, Maya Zehavi, and I, his moderator, were getting mic’d up backstage, watching as the production crew got more nervous…