A direct listing is a more likely route for the digital currency exchange, CEO Jesse Powell says. His comments echo previous statements delivered to Cointelegraph. Kraken, one of the world’s largest cryptocurrency exchanges, has tentative plans to go public next year, according to CEO Jesse Powell. Powell appeared on a segment on CNBC after Kraken […]
Category: Crypto
Reef Finance aims to simplify DeFi investing through Baskets protocol
Reef Baskets V1 is intended to function in a similar manner as traditional ETFs. Reef Finance, a decentralized finance ecosystem powered by Polkadot, has released a new investment product aimed at helping passive investors gain access to a broader portfolio of cryptocurrencies. Reef Baskets V1 is described as an “Ethereum-based framework for deploying collections of […]
Ether price takes on Bitcoin — What’s behind the sharp rise in demand?
Ether remains close to the $2,000 mark after breaking its all-time-high at around $2,150, but what has driven its growth? Breaking new all-time highs, the recent price action of Ether (ETH) took the crypto market by storm and signaled an official start to alt season. Several analysts are predicting that Ether will surpass its previous […]
Riot Blockchain is set to acquire a Texas data facility for $650M
The $650 million deal sees Riot Blockchain acquiring a major data center owned by Northern Data AG, one of its competitors. Riot Blockchain is continuing its Bitcoin (BTC) mining expansion efforts. Reports suggest that the United States-based miner is set to purchase Whinstone US Inc, currently owned by Northern Data. The planned purchase was announced […]
US must embrace Bitcoin to counter Chinese ‘financial attack’ — Pomp
Bitcoin, like the internet, can be used in ways which could compromise U.S. prowess without suitable allowances from lawmakers. Bitcoin (BTC) can undermine the U.S. dollar if the United States does not take a lead role in accepting it, argues Anthony Pompliano. Speaking to CNBC on April 8, the Morgan Creek Digital co-founder followed up […]
Vesta Equity and Algorand breathe new life into real estate tokenization
Vesta’s new platform gives homeowners the ability to convert equity into digital assets that can then be sold to accredited investors without compounding interest. Global equity marketplace Vesta Equity has chosen the Algorand blockchain to launch its new real estate tokenization services, disrupting a decades-old industry and opening up the possibility for homeowners to convert […]
Bitstamp crypto exchange hires former Barclays exec as new COO
Sameer Dubey is a 10-year veteran of Barclays and former head of operations for N26. U.K.-based crypto exchange Bitstamp has hired a former director of financial services company Barclays’ payments team as its chief operating officer. In an announcement today, Bistamp said it would be appointing Sameer Dubey to the executive position as part of […]
Bitcoin exchanges just saw massive Tether stablecoin deposits
Is a broader rally forming for Bitcoin as sidelined capital makes its way onto exchanges? Nearly half a billion in Tether (USDT) inflows were recorded on April 8 across major Bitcoin (BTC) exchanges, based on Glassnode data. Considering that the inflows, the biggest since mid-March, coincided with a minor Bitcoin pullback, it indicates that buyers […]
Cryptojacking Activity Decreased for the First Time Since 2018, Says Intelligence Report
Cryptojacking activity seems to be losing momentum, specifically types that mine monero, as a recent report unveiled a slowdown in the illicit crypto-mining activities in the cloud. A threat intelligence firm compiled the results. Report Focused on Cryptojacking Incidents With Monero According to Unit 42 in their “Cloud Thread Report,” cryptojacking attacks have been decreasing […]
VC Backed Billion-Dollar Stablecoin Project Fei Protocol Falls Below the USD Peg
The new decentralized finance (defi) stablecoin project called Fei had some issues this week after the 1:1 USD pegged token dropped well below its targeted $1 value. The Fei project was supposed to be similar to Maker DAO’s algorithmic DAI stablecoin and it was backed by major venture capital firms. Fei Protocol Market Price Drops […]