The Crypto Market Just Hit a Low for 2018

news Blockchain-based identity firm Evernym has received a $2 million investment from Overstock subsidiary Medici Ventures, according to a release from the company. Medici Ventures participated in Evernym’s Simple Agreement for Future Equity (SAFE), which will be transferred into preferred stock at an undisclosed date. The round closed earlier this month with Evernym receiving funding from…

Traders should wait until after former President Donald Trump's speech at the Bitcoin Conference on Saturday to cash out on their bitcoin profits. Some expect Trump to announce plans to make bitcoin a strategic reserve asset if he gets elected in November, which could result in a "parabolic move" for bitcoin. Traders could be forgiven

Usual Labs has raised $7 million from investors, including IOSG Ventures and Kraken Ventures.The French company plans to launch its USD0 stablecoin in the second quarter.USD0 is a permissionless stablecoin backed by real-world assets and will pay holders a yield.02:11El Salvador Bags Major Bitcoin Gains; Hong Kong's Stablecoin Push00:52Existing Stablecoin Models Are Not 'Totally Fair,'

U.S. Senate Majority Leader Chuck Schumer came out guns-blazing during a Crypto4Harris event, saying what's been considered a longshot idea of getting some kind of crypto legislation out this year could really happen. Billionaire Mark Cuban said former President Donald Trump and his party are primarily interested in crypto to make rich digital assets investors

feature Dovey Wan is a partner at Primitive Ventures, a crypto asset investment fund. Contrary to what many think, China does not oppose blockchain technology. Rather, it takes issue with bitcoin and other privately issued cryptocurrencies, which it fears may facilitate financial fraud and capital flight. The People’s Bank of China (PBOC) has, in fact,…

Nov 9, 2020 at 19:59 UTCUpdated Nov 9, 2020 at 20:37 UTCBinance.US CEO Catherine Coley(Zack Seward/CoinDesk archives)Binance.US, the American affiliate that shares a name with the world’s largest crypto exchange, has joined the Silvergate Exchange Network (SEN), a 24/7 instant settlement network used by some of the largest trading entities in the space.SEN, which replaces…

BlockFi has settled with the estates of FTX and Alameda Research for nearly $1 billion dollars.The three companies had a long and complicated relationship, but this settlement brings BlockFi closer to full recovery for customers.Bankrupt crypto lender BlockFi, which was caught in the contagion of FTX and declared bankruptcy days after the exchange's collapse, has

I like to say that I do pixels very well, but I'm not a blockchain expert. I fear anything that is related to statistics and security, as any mistake usually means that you are completely wrong (when dealing with statistics) or you lose a lot of money (when it comes to security). Writing a smart

The dangers of government abuse threaten to outweigh the potential economic benefits of central bank digital currencies (CBDCs), according to the consensus of stakeholders considering the matter at Consensus 2023.Governments can’t be trusted to build public digital money without using it to conduct surveillance on their citizens, many participants said in roundtable discussions held during…