The Surprising Reason Why Blockstack Could Be America’s First Crypto IPO

Sep 17, 2020 at 11:00 UTCParaglider takes flight (Juliette G./Unsplash)ParaSwap, a decentralized exchange (DEX) aggregator, has completed a $2.7 million seed funding round joined by some of the industry’s top investors. France-based ParaSwap hopes its API will become the connective tissue between various decentralized finance (DeFi) applications, founder Mounir Benchemled told CoinDesk via email.“The API…

Verge has been hit by a massive 560,000-block reorganization.Feb 15, 2021 at 11:11 p.m. UTCPornhub Payment Option Verge Suffers Massive Blockchain ReorganizationVerge, a small cryptocurrency serving as a payments option on Pornhub, suffered a massive 560,000-block reorganization Monday, according to researchers at Coin Metrics. Verge’s Twitter account seemed to acknowledge the attack late Monday.In "likely…

What the Oil Market Says About Bitcoin’s ‘Safe Haven’ StatusMonday’s historic financial tumult reached beyond stocks, sinking commodities and even bitcoin markets.“I don’t think any asset is safe right now – except cash, U.S. dollars,” said Ali Khedery, formerly Exxon’s senior Middle East advisor and now CEO of U.S.-based strategy firm Dragoman Ventures.While bitcoin prices…

news Dovey Wan is a founding partner of Primitive Ventures, a global venture investment firm with a focus on blockchain. You can follow her on Twitter at @doveywan.  The following is an exclusive contribution to CoinDesk’s 2018 Year in Review.  While emerging assets are always turbulent, 2018 has been an especially violent year for the crypto markets.…

The Grayscale Bitcoin Trust (GBTC), the largest bitcoin ETF by assets, saw a net inflow of new money from investors, according to Farside Investors, the first daily increase since the product debuted in January.A net $63 million was added on Friday, according to Farside's tally.14:12Why MoonPay and PayPal Partnered to Expand Crypto Adoption in the

news Bitcoin and the rest of the cryptocurrency market have started Q2 off with an emphatic bang, having at one point increased the market’s total capitalization by nearly $40 billion since the beginning of April. Indeed, bitcoin led the market-wide charge on April 2, surging over 20 percent in a single hour – a move…

Apr 6, 2020 at 19:00 UTCUpdated Apr 6, 2020 at 19:43 UTCChina Is Winning the Coronavirus Information WarTeddy Fusaro is the chief operating officer at Bitwise Asset Management, a cryptocurrency asset management firm in San Francisco. He has held management and leadership positions at alternative asset management companies for the past decade, and began his…

Investors of Solana's SOL, Cardano's ADA and Polygon's MATIC, which were impacted by a sudden sell-off over the weekend, had a reason to cheer on Monday as prices stabilized and reversed some losses.SOL rose 2.2%, ADA was up 3.5%, while MATIC surged 5.5%, data from CoinGecko shows. Futures data showed relatively low open interest and…

There is no doubt that the bipartisan passage of the Financial Innovation and Technology for the 21st Century Act (FIT21) by the House is a monumental development for the U.S. crypto industry, bringing much-needed regulatory clarity within sight. However, despite its good intentions, FIT21 is fundamentally flawed from a market structure perspective and introduces issues