Talent flocks to AI but ‘frothy’ market turns off VCs: Dragonfly Capital
Dragonfly Capital general partner Tom Schmidt urged crypto projects to consider whether they need venture capital funding.
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MicroStrategy subsidiary will purchase Bitcoin after closing $205M crypto-collateralized loan
The price of Bitcoin is $47,806 at the time of publication, making MicroStrategy's current 125,051 BTC holdings worth roughly $6 billion. 609 Total views 9 Total shares MacroStrategy, a subsidiary of business intelligence firm MicroStrategy, said it will purchase Bitcoin after obtaining a multimillion dollar loan from Silvergate Bank.In a Tuesday announcement, MicroStrategy said Silvergate…

Facebook’s Libra Backers Fear It Could Taint Their Image Among Regulators
Visa, Mastercard, PayPal and Stripe are unsure whether they wish to become paid-up participants in Facebook’s Libra digital currency.As Bloomberg reported on Oct. 2 citing “people familiar with the matter,” the four payment giants have reservations about the plans. Sources: Facebook “oversold” regulator supportThe companies formed part of the cohort which originally said they wished to…

US Startup Raises $3.5 Mln From Pantera, Others to Launch Decentralized Exchange on LN
The United States-based startup Sparkswap has completed a successful seed funding round to create a decentralized exchange based on the Bitcoin (BTC) Lightning Network. A blog post revealed the development on Monday, April 8.According to Sparkswap’s founder Trey Griffith, the company raised $3.5 million from investors including Initialized Capital, Pantera Capital, Foundation Capital and Y…

Hospitals Still Being Attacked Despite Big Fall in Ransomware
The number of ransomware attacks globally has dropped significantly since the coronavirus crisis intensified in March, according to a new report from Chainalysis.The blockchain analytics firm said the drop was particularly significant given there were growing concerns over the impact of ransomware attacks against hospitals and other healthcare organizations during the crisis.Hospitals are a favoured…

New Ernst & Young Report Reveals Assets and Debts of Now-Defunct QuadrigaCX
A new report from Big Four audit firm Ernst & Young (EY) outlines the assets and debts of major Canadian crypto exchange QuadrigaCX and its subsidiaries. The report was released on EY site on May 9.EY — a monitor to the creditor proceedings of now-defunct QuadrigaCX — has published a trustee’s preliminary report revealing that…

Wintermute suffers $160M attack, Kraken CEO departs and US bill aims to ban algo stablecoins: Hodler’s Digest, Sept. 18-24
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekKraken’s Jesse Powell will step down as CEO, stay on as board…

Bitcoin Price Ping Pong Within Tighter Range Hinting at $8.5K Next
The price of Bitcoin (BTC), the top-ranked cryptocurrency by market capitalization, has seen a spike towards $10,500 before the halving took place on May 11. However, the price of Bitcoin has been having problems since the halving and is currently showing more signs of weakness.On the other hand, altcoins have been starting to show signs…

Coinbase regains #1 position on Apple App Store as Crypto.com jumps to third
Crypto.com's jump to third could be the result of Matt Damon's recent TV spot promoting the exchange. 704 Total views 8 Total shares Cryptocurrency exchanges Coinbase and Crypto.com are now two of the most downloaded apps for the United States Apple App Store, topping the charts at first and third place, respectively.According to the Top…