VC Roundup: Asylum Ventures launches $55M fund to back startup “artists,” not assets
This edition of Cointelegraph’s VC Roundup features Asylum Ventures’ new fund, as well as startups Puffpaw, Permissionless Labs, Infinit, DRiP, IN1 and DeFi.Gold.
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Fork in the node: Bitcoin Cash Node on track to oust Bitcoin ABC
After months of escalating tensions between rival Bitcoin Cash implementations, the future of BCH appears to be firmly in the hands of Bitcoin Cash Node. 1835 Total views 20 Total shares Bitcoin ABC, the historically dominant implementation of Bitcoin Cash (BCH), appears on the brink of giving way to a community-driven mutiny in the form…

Stellar’s Blockchain Briefly Goes Offline, Confirming the Project Lacks Decentralization
Recently, blockchain-powered network Stellar stopped confirming transactions for more than one hour, effectively going offline.Although no money was reportedly lost as a result, Stellar’s major issue has now been highlighted publicly: The project is not decentralized, at least not to the extent expected at this point. Notably, the offline scenario was predicted by researchers earlier…

Privacy Coin Zcash Community to Develop Wrapped Token for Ethereum
The privacy-focused cryptocurrency Zcash (ZEC) is seeking access to Ethereum’s decentralized finance (DeFi) ecosystem.Zcash’s shielded addresses on the Ethereum networkOn Oct. 13, Coindesk reported that the topic of interoperability was the theme of the now concluded Devcon 5 developer conference in Osaka, Japan, where a number of smaller cryptocurrency projects displayed interest in accessing Ethereum’s…

Sound familiar? September 2017 China Bitcoin ‘ban’ sparked $20K all-time high in 3 months
The latest debacle over China’s anti-crypto stance has a firm historical echo to it — and old hands are more than aware. 1489 Total views 32 Total shares Bitcoin (BTC) dipped deeper to challenge $40,000 support during Sept. 24 as the dust settled on what analysts stressed was a false alarm from China.BTC/USD 1-hour candle…

Kevin O’Leary: Crypto ‘Crap’ Is Not Compliant, Rogue Currency
Canadian businessman and TV personality Kevin O'Leary said that cryptocurrencies pose serious compliance challenges to the financial services industryDuring an interview published on July 3, O’Leary said that he would not invest or get involved in cryptocurrencies because of their purportedly unregulated nature:“If I want to be compliant and I don’t wanna breach any regulators…

Crypto has more potential than stocks, real estate — Kraken survey
Over 70% of survey respondents prefer coins like Bitcoin, while the rest indicated an interest in emerging coins and memecoins.

JPMorgan’s Blockchain Network to Launch in Japan in Early 2020: Report
JPMorgan’s blockchain-based payment network will launch in Japan in early 2020, Cointelegraph Japan reports on Dec. 10.Based on JPMorgan’s in-house blockchain platform Quorum, the Interbank Information Network (IIN) intends to accelerate payment transactions as well as address major challenges of sharing data between banks.Bloomberg reports that more than 80 Japanese banks have expressed their intent…

$100M Bitcoin liquidated as BTC drops: Will ETF investors panic sell?
Despite BTC falling below the realized price of ETF buyers, ETF holders did not panic sell, but a deeper correction remains on the horizon.