Bitcoin News Roundup for May 6, 2020

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…

“Is this really what Satoshi expected 10 years ago?” That was the question asked by activist Pavol Luptak, at the opening of a new centre for crypto-anarchy – the Paralelni Polis – in Bratislava, Slovakia in October. Citing new surveillance infrastructures, relentless taxation, and the adoption of blockchain by state actors, Luptak called for a…

Jan 8, 2021 at 2:58 a.m. UTCUpdated Jan 8, 2021 at 2:59 a.m. UTCBakkt President Adam White (CoinDesk archives)Crypto Exchange Bakkt Nears Merger With Victory Park SPAC: BloombergCryptocurrency exchange Bakkt, which is majority owned by Intercontinental Exchange, is in advanced talks to go public via a merger with a special purpose acquisition company (SPAC), Bloomberg…

Team of paper chain people. Human chain with light and shadow on green backgorund.(scyther5/iStock/Getty Images Plus)Wasabi Wallet 2.0 Will Offer Automatic CoinJoins by Default to Boost PrivacyWasabi Wallet, the privacy-focused bitcoin software wallet, has set a broad timeframe for the release of Wasabi Wallet 2.0. The goal is not only to make the wallet easier…

The integration will enable Prime Trust to manage the custody of digital securities and cryptocurrencies for its customers using tZERO for trading.(CoinDesk archives)Jan 28, 2021 at 3:20 p.m. UTCPrime Trust, tZERO Partner on Digital Asset Custody, TradingSecurity token trading platform tZERO is to integrate technology from Prime Trust, a digital asset finance infrastructure provider, under…

Billionaire Mike Novogratz's Galaxy Digital (GLXY.TO) has new coverage at Canaccord Genuity, which initiated the stock with a buy rating at C$17 price target.Galaxy “represents one of the most diversified ways to play digital assets," wrote analyst Joseph Vafi, whose price target suggests 30% upside from the current C$13.Galaxy's institutional trading business is a "share

Computing power on the Bitcoin network, known as hashrate, could drop by as much as 30% as unprofitable miners shut off their rigs after the next halving event, expected in April 2024, experts said in a Twitter Spaces on Wednesday hosted by CoinDesk as part of its Mining Week 2023.Lucas Pipes, Managing Director at investment…

Stablecoin issuer Tether reported a "record-breaking" $2.85 billion of profits last quarter as its flagship token USDT neared a $100 billion market capitalization.The latest quarterly attestation reported Wednesday showed some $1 billion of the profit came from the interest earned on the company's vast U.S. Treasury, reverse repo and money market fund investments, which are

Brandy covers crypto-related venture capital deals for CoinDesk. Hamilton Lane (HLNE), an investment-management firm with $824 billion in assets under management and supervision, is offering tokenized access to a second fund. The access is provided through a feeder fund from Securitize on the Polygon blockchain.The firm is making a portion of the Senior Credit Opportunities…