Bitcoin News Roundup for May 5, 2020

U.K.-based financial advisory firm deVere Group, which says it has over $10 billion under advice and management, has launched an actively managed cryptocurrency fund. Announced in a press release Thursday, the new investment offering, called deVere Digital Asset Funds, is being launched in partnership with Dubai-based hedge fund manager Dalma Capital Management. The fund will…

Oct 18, 2020 at 12:26 UTCA Day in the Life of the SplinternetIn 2030, at the interminable tail end of another hot, smoky summer in Mexico City, the power went out again and she went down into the basement where it was cooler. Other people from the apartment block were already sitting on the gritty…

Dec 21, 2019 at 11:35 UTCBlockstream's Christian Decker at Construct 2019, image via CoinDesk archives‘Multi-Part’ Payments Could Bring Bigger Bitcoin Sums to Lightning NetworkBitcoin tech startup Blockstream said its c-lightning software team is the first to release a working version of "multi-part payments." While the name, c-lightning v0.8.0, is a mouthful, it's a big improvement for…

news The Takeaway: Coinbase Custody is offering staking services to institutional clients, starting with Tezos. Client assets will remain inside Coinbase’s fully insured cold storage at all times, mitigating risk to investors. Since staking requires some funds to be kept online, Coinbase will put up its own coins, assuming the risk. After deducting Coinbase’s fee, clients…

news Japan’s interminable winter for cryptocurrency exchanges seems to have thawed. The Financial Services Agency (FSA), Japan’s top financial watchdog, told crypto news site Bitcoin.com that 110 exchanges are in “various stages of registration.” In 2018, the FSA, did not grant approval for any crypto exchanges to begin operating in the country. The year prior, the…

Figment Europe and Apex Group plan to list Ethereum and Solana staking ETPs on SIX Swiss Exchange next week.The ETPs will allow investors to take exposure to ether and solana prices while earning staking rewards, including maximum extractable value.Figment Europe, an institutional staking services provider, and Apex Group, a global financial services provider based in

news A blockchain startup for ethical supply chain management just raised $4 million in seed money. OpenSC, a joint venture of the Boston Consulting Group and environmental protection group the World Wide Fund, announced today $4 million in seed funding from investor Christian Wenger. OpenSC uses blockchain technology to track goods for ethical malpractice. The capital…

Crypto infrastructure firm Chainlink claims its proof-of-reserves service – designed to help users verify that exchanges and asset managers have the backing they profess – “enables the reliable and timely monitoring of reserve assets using #ProofNotPromises.”In reality, the system frequently relies on promises all the way down.Chainlink Proof of Reserve is one of the only…