Pantera Capital Has Raised $71 Million So Far for Third Crypto Fund
Blockchain investment company Pantera Capital has launched a new crypto fund with over $71 million already committed.
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Bitcoin News Roundup for Feb. 10, 2020
Feb 10, 2020 at 17:37 UTCAdam B. LevineJohn BiggsFor early access before our regular noon Eastern Time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.Today's news:Bitcoin Breaks Above $10,000 in Spot MarketUkraine Won't Regulate Crypto Mining, Government Ministry SaysNew Crypto Exchange Altsbit Says It Will Close Following HackChinese Crypto…

Lido Protocol Does Eth 2.0 Staking but With a DeFi Twist
There's a new yield farm for those backing Ethereum 2.0.Jan 14, 2021 at 11:26 p.m. UTCLido Protocol Does Eth 2.0 Staking but With a DeFi TwistThere’s a decentralized autonomous organization (DAO) that lets ETH holders back Ethereum 2.0 without losing liquidity, and it wants to give its participants a vote.Until Feb. 12, ETH holders have…

Block.one Absorbs Team Behind Now-Defunct Block Producer EOS New York
Mar 27, 2020 at 03:00 UTCEOS creator Block.one has acquired the team behind once-prominent block producer EOS New York, which has now entirely ceased operations.Block.one, which raised more than $4 billion in a yearlong initial coin offering (ICO) in 2018, said Wednesday it had hired EOS New York founders Rick Schlesinger and Kevin Rose, as well…

This Visa Credit Card Gives Bitcoin Rewards on Dollars Spent
Members of the Fold team. (Credit: Fold)This Visa Credit Card Gives Bitcoin Rewards on Dollars SpentThe startup behind the bitcoin-friendly shopping app Fold just joined the Visa Fast Track Program to issue a credit card that offers bitcoin rewards instead of traditional reward points. Fold founder Will Reeves said an email poll of roughly 30,000 Fold…

Mike Novogratz’s Galaxy Digital Nets $44.3M in Q3
Nov 13, 2020 at 5:12 p.m. UTCUpdated Nov 13, 2020 at 5:23 p.m. UTCMichael Novogratz of Galaxy Digital (CoinDesk archives)Mike Novogratz’s Galaxy Digital Nets $44.3M in Q3Galaxy Digital, the crypto merchant bank headed by noted crypto evangelist Mike Novogratz, reported net income of $44.3 million in the third quarter of 2020, up from a loss…
Stablecoins May Cushion Fed Rate Cut Impact on Treasury Tokens, Standard Chartered’s Regional Head Says
The $170 billion stablecoin supply could potentially underpin demand for tokenized Treasuries, Standard Chartered's Alexander Deschatres said. The Fed will likely cut rates on Wednesday, starting the so-called liquidity easing cycle. The Federal Reserve will likely cut interest rates this Wednesday for the first time since 2020, ending the most aggressive monetary policy tightening in

LayerZero Confirms Airdrop Plans, Boosting Some Ecosystem Projects
Airdrop season is back in some parts of the crypto world.LayerZero developers said Friday morning that they planned to issue a token sometime in the first half of 2024, confirming widespread rumors and causing an immediate uptick in the metrics of some projects built on that network.The network is an interoperability protocol that uses a

Bitmain Set to Deploy $80 Million Worth of Bitcoin Miners, Sources Say
news The Takeaway Bitmain is planning to deploy 200,000 units of its own mining equipment in China to take advantage of cheap hydroelectric power this summer. The equipment is conservatively estimated to cost $80 million, but it may be more profitable right now for Bitmain to mine crypto itself than try to sell all this…