Category: Business

MahaDAO’s Algorithmic ‘Valuecoin’ Goes Live on Ethereum

January 15, 2021

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ARTH tries to maintain its value over time compared to other stablecoins that lose value as the dollar is inflated. Jan 15, 2021 at 2:32 p.m. UTCUpdated Jan 15, 2021 at 2:39 p.m. UTC MahaDAO’s Algorithmic ‘Valuecoin’ Goes Live on Ethereum An India-based startup is coming for decentralized finance (DeFi) stalwart MakerDAO’s crown with the […]

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Bittrex Won’t Disclose Why It Withdrew Support for Dash, Zcash, Monero

January 15, 2021

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Bittrex Won’t Disclose Why It Withdrew Support for Dash, Zcash, Monero Numerous exchanges, like Bittrex, have delisted coins that have features to protect user privacy. Explanations of why they’ve done so have been vague or non-existent. It has set up clashes between the exchanges and Zcash, Monero and Dash over whether there is actually regulatory […]

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JPMorgan Provides $100M Financing Facility for Blockchain Mortgage Platform Figure

January 15, 2021

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The facility covers both conforming and jumbo mortgages – loans in excess of the traditional lending restrictions. Jan 15, 2021 at 11:40 a.m. UTCUpdated Jan 15, 2021 at 2:09 p.m. UTC JPMorgan Provides $100M Financing Facility for Blockchain Mortgage Platform Figure Blockchain mortgage platform Figure says it has closed a $100 million financing facility for […]

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Ripple Tech to Power New Malaysia-Bangladesh Remittance Corridor

January 15, 2021

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Malaysia’s Mobile Money and Bangladesh’s bKash will leverage RippleNet for wallet-to-wallet transactions. (Morrowind/Shutterstock) Jan 15, 2021 at 10:13 a.m. UTCUpdated Jan 15, 2021 at 2:18 p.m. UTC Ripple Tech to Power New Malaysia-Bangladesh Remittance Corridor Ripple has inked a deal with a Malaysian money transfer business and Bangladesh’s largest mobile financial services provider to enable […]

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Fireblocks Rolls Out Staking Rewards for Eth 2.0, Polkadot and Tezos

January 14, 2021

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The institution-focused crypto custodian is bringing staking services to its 165-plus customers. Left to right: Fireblocks co-founders Pavel Berengoltz, Michael Shaulov and Idan Ofrat.(Fireblocks) Jan 14, 2021 at 2:00 p.m. UTCUpdated Jan 14, 2021 at 2:52 p.m. UTC Fireblocks Rolls Out Staking Rewards for Eth 2.0, Polkadot and Tezos Announced Thursday, Fireblocks is partnering with […]

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Twitter, Trump and the ‘Private Company’ Fallacy

January 14, 2021

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Defending deplatforming as the right of private companies assumes that truly private companies are possible. They may not be. (Nadia Bormotova/Getty Images) Jan 14, 2021 at 1:49 p.m. UTCUpdated Jan 14, 2021 at 3:13 p.m. UTC Twitter, Trump and the ‘Private Company’ Fallacy In the wake of the coordinated deplatformings of President Trump, his associates […]

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Compute North, Foundry Team Up to Target North American Bitcoin Miners

January 13, 2021

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The partnership is designed to lower the high cost of entry for would-be bitcoin miners. (NiseriN/iStock/Getty Images Plus) Jan 13, 2021 at 4:00 p.m. UTC Compute North, Foundry Team Up to Target North American Bitcoin Miners Two cryptocurrency mining companies want to make it easier for businesses in North America to mine bitcoin. Minnesota-based Compute […]

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CrossTower Launches Capital Markets Desk to Bring Institutions to Its Spot Exchange

January 13, 2021

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“Ultimately we end up with something that looks and feels a little bit like what you see in the prime brokerage space.” Jan 13, 2021 at 3:00 p.m. UTC CrossTower Launches Capital Markets Desk to Bring Institutions to Its Spot Exchange Crypto trading platform CrossTower is launching a capital markets desk for institutional clients. Leading […]

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New Bitcoin ETP Launches on Swiss Stock Exchange SIX

January 13, 2021

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The BTCetc bitcoin ETP (BTCE) tracks the price of bitcoin and is physically backed. Jan 13, 2021 at 1:36 p.m. UTC New Bitcoin ETP Launches on Swiss Stock Exchange SIX A new bitcoin exchange-traded product (ETP) from ETC Group has listed on Swiss stock exchange SIX.  Announced Wednesday, the BTCetc bitcoin ETP (BTCE) tracks the […]

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Bitcoin Miner Marathon to Raise $250M in Direct Stock Offering

January 13, 2021

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The Las Vegas company has agreed to a direct offering of 12.5 million shares of common stock at $20 per share. Jan 13, 2021 at 11:36 a.m. UTCUpdated Jan 13, 2021 at 4:23 p.m. UTC Bitcoin Miner Marathon to Raise $250M in Direct Stock Offering Bitcoin mining company Marathon Patent Group (MARA) shares were down […]

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