The opportunity comes ahead of Kraken’s planned effort to take the exchange public next year. SkyBridge says its purchase price for the stake corresponds to a $10.5 billion overall valuation for the exchange. Oct 26, 2021 at 5:46 p.m. UTC Updated Oct 26, 2021 at 5:46 p.m. UTC Skybridge founder Anthony Scaramucci, in an interview last month with CoinDesk TV. (CoinDesk) Source
Business The analyst raised the miner’s 12-month price target to $82 from $78 and 2022 earnings estimates, citing its expansion plans. By Aoyon Ashraf Oct 26, 2021 at 5:18 p.m. UTC Updated Oct 26, 2021 at 5:18 p.m. UTC Greenidge mining center (Caleb Parker) Source
If you’ve walked by Columbus Circle in Manhattan this week, just south of Central Park on 57th Street, you may have noticed a mysterious billboard displaying individual words and phrases such as “electronic,” “a solution” and “are lost” with little explanation. Source
From a policy perspective, if the objectives of investors are the same as those for other asset classes, so should be the regulation. Cryptocurrencies are not sought as an alternative to fiat currencies or regulated finance, but instead are a digital speculation asset. More recent data also shows that crypto investors are becoming more like the general population, i.e., cryptocurrencies are going mainstream. Source
Wall Street has previously not been at the forefront of bitcoin trading in the past. However, that looks poised to change. The approvals of three bitcoin ETFs in the past week have brought about more institutional interest in the digital asset and Wall Street brokers are starting to turn their attention to the cryptocurrency. The first Bitcoin ETF recorded trading volumes of over $1 billion on its first day. This success has not missed the radar of Wall Street. Analyst Christopher Brendler sat down with Coindesk to talk about the…
Data archiving protocol KYVE has announced a Series B funding raise of $2.875M instigated by institutional capital firms Permanent Ventures and Hypersphere Ventures in which a vast collection of crypto projects and individual angel investors including, but not limited to, Coinbase Ventures, Volt Capital, Justin Kan and Robin Chan, participated. KYVE has expressed the ambition of becoming the leading project in the Web 3.0 sphere with an inherent focus on data collection and digital calculation. The newly-established project, currently operating in testnet phase, utilizes blockchain indefinite storage service Arweave to…
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Ashton Addison Interviews Kurt Nielsen, The President of the Partisia Blockchain Foundation. We discuss Partisia blockchain’s unique approach to the Blockchain industry. Partisia combines blBlockchainnd MPC Multi-Party Computation to provide more confidentiality and privacy in Blockchain technology. Partisia recently closed a $2.6M private round of financing. The Partisia Blockchain is currently in testnet and is planning on launching the mainnet in Q1 of 2021. Learn more: ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
International police including the FBI-led Joint Criminal Opioid and Darknet Enforcement (JCODE) and Europol have busted a group of 150 alleged darknet drug traffickers, seizing $4.9 million in cryptocurrencies. The operation dubbed “Operation Dark HunTor” cracked down on criminals who were involved in the sale of tens of thousands of illicit goods and services across Australia, Bulgaria, France, Germany, Italy, the Netherlands, Switzerland, the U.K. and the U.S. The U.S.-Italian operations seized €3.6 million ($4.17 million) in cryptocurrencies, while police seized approximately $1 million in drug proceeds that included $700,000…
Whether, or when, “Valkyrie XBTO Levered BTC Futures ETF” ever makes it to Nasdaq is another question entirely. It took years for the SEC to allow a bitcoin ETF of any form to trade, and presently only basic bitcoin futures ETFs are live. The SEC has 75 days to respond. Original
Tampa Bay Buccaneers quarterback Tom Brady nearly lost ownership of the ball behind his 600th touchdown pass, but now he’s paying for it… in Bitcoin. In an Oct. 24 game between the Buccaneers and Chicago Bears, Brady threw his 600th career touchdown pass to fellow teammate Mike Evans — he is the only player in NFL history to have ever achieved so many touchdown passes in his career. The wide receiver, apparently not realizing the significance of the ball, handed it off to Byron Kennedy, a fan wearing a jersey…