cryptocurrency

Cryptocurrency exchange Coinbase announced its listing of cryptocurrency dash following an exploration period with the exchange that ended last week. Deposits will be accepted today followed by trades opening Tuesday at 16:00 UTC. Coinbase announced its review of eight cryptocurrencies earlier last month. Of those under study, dash is the first to be approved. A
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Ethereum co-founder Joseph Lubin is going all-in on decentralized finance (DeFi) applications. “Ethereum is a shared execution space and we should also be building things that synergize,” Lubin said during a press conference at Ethereal Tel Aviv on Sunday, Sept. 15. To that end, Lubin announced that his Brooklyn-based venture studio, ConsenSys, would enter the
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Noelle Acheson is a veteran of company analysis and CoinDesk’s Director of Research. The opinions expressed in this article are the author’s own. The following article originally appeared in Institutional Crypto by CoinDesk, a weekly newsletter focused on institutional investment in crypto assets. Sign up for free here. For a primer on crypto valuation concepts,
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Hodl Hodl plans to make its software freely available so anyone can launch their own version of the peer-to-peer bitcoin exchange. Announced Saturday at the Baltic Honeybadger conference in Riga, Latvia, the plan is, in part, a recognition that Hodl Hodl’s business model is vulnerable to regulatory crackdowns. “History teaches us that if a government wants
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Coinme, which provides kiosks and ATMs for digital currencies, raised $1.5 million in a Series A-1 financing round that included Ripple’s subsidiary Xpring and Blockchain Finance Fund. Proceeds from the funding will be used for additional licensing to expand its U.S. and international coverage. The company is licensed to operate bitcoin ATM’s in 29 states
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Crypto brokerage Tagomi released its borrowing and lending platform to the wider public, enabling investors to short cryptocurrencies like bitcoin and ethereum. Tagomi’s COO Kevin Johnson told CoinDesk that its new platform addresses issues that stymie institutional crypto shorts. Many large-scale investors could not short cryptocurrencies as rapidly as they might short an equity position
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More than a year after he sold one of China’s longest-running bitcoin exchanges, Bobby Lee, co-founder and former CEO of BTCC, is back. Announced Thursday at CoinDesk’s Invest: Asia event in Singapore, Lee’s new venture, Ballet, is rolling out a hardware wallet supporting multiple cryptocurrencies. To differentiate its product and spur adoption outside crypto circles, Ballet
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Details are emerging on which fiat currencies might back the Libra stablecoin. Bloomberg reported Monday that Facebook wrote a letter to U.S. Senators about Libra, addressing concerns over potential Chinese influence on the cryptocurrency. Sen. Mark Warner (D-Va.) previously wrote to Facebook asking the company to exclude the Chinese yuan from the basket of assets backing the Libra stablecoin.
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Atlético de Madrid, a Spanish football (soccer) team, has partnered with Chiliz, a sports blockchain, to create Fan Tokens, a platform that will give fans special access to team merchandise, information, and experiences. The team “finished 4th in UEFA’s Club Coefficients rankings for 2019” according to a release and will join other football teams like
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