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Monday 14 June 2021

6 Insurers Initiate New Cryptocurrency Investment Positions: Report

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Insurance firms have increased their interest in crypto investments in recent months.

via Search Results for “ethereum” – CoinDesk https://www.coindesk.com/6-insurers-initiate-new-cryptocurrency-investment-positions-report

DeFi Projects Continue Flocking to Layer 2 Solution Polygon

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Polygon’s cheaper transaction costs and faster block time have driven increased adoption by a number of major projects.

via Search Results for “ethereum” – CoinDesk https://www.coindesk.com/defi-projects-continue-flocking-to-layer-2-solution-polygon

Human Protocol Expands hCaptcha Tool, Launches Wallet to Make AI Smarter

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“Proof-of-HUMANity” could also thwart front-running DeFi bots.

via Search Results for “ethereum” – CoinDesk https://www.coindesk.com/human-protocol-expands-hcaptcha-tool-launches-wallet-to-make-ai-smarter

Market Wrap: Bitcoin Sustains ‘Musk Jump’ as Crypto Sentiment Improves

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Bitcoin tests $40K following positive comments from Tesla's CEO Elon Musk and hedge fund manager Paul Tudor Jones.

via Search Results for “ethereum” – CoinDesk https://www.coindesk.com/market-wrap-bitcoin-musk-jump-crypto-sentiment-improves

Bitcoin and Ether Price Indicators Support Near-Term ‘Relief Rally’

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Bitcoin's weekly stochastic oscillator has turned up from oversold or below -20 levels, a positive sign for the cryptocurrency.

via Search Results for “ethereum” – CoinDesk https://www.coindesk.com/bitcoin-ether-price-indicators-relief-rally

Bitcoin Fund Outflows Slow but Investors Start Exiting Ether Funds

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The amount of money leaving was significantly less than the previous, record week of $141 million.

via Search Results for “ethereum” – CoinDesk https://www.coindesk.com/bitcoin-fund-outflows-stabilize-investors-exit-ether

Goldman Sachs Plans to Offer Ether Options: Report

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In March, the investment bank relaunched its cryptocurrency trading desk after a three-year hiatus.

via Search Results for “ethereum” – CoinDesk https://www.coindesk.com/goldman-sachs-plans-to-offer-ether-options-report

China’s Xiong’an New Area Begins Using Digital Yuan for Salary Payments

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The country is testing the currency in different pilots.

via Search Results for “ethereum” – CoinDesk https://www.coindesk.com/china-cbdc-wage-pilot

Market Wrap: Bitcoin Flat at $37K as Investors Tangle With Bulls and Bears

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Positive news from El Salvador couldn't completely overcome negative news out of China.

via Search Results for “ethereum” – CoinDesk https://www.coindesk.com/market-wrap-bitcoin-flat-investors-tangle-bulls-bears

Next-Gen Game Developer Mythical Raises $75M for Playable NFTs

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The funding round will offer external game developers a way to bring NFTs into their fictional worlds.

via Search Results for “ethereum” – CoinDesk https://www.coindesk.com/next-gen-game-developer-mythical-raises-75m-for-playable-nfts

DAOs, DeFi and Dollars: the Bold New World of Decentralized Entities

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In this week’s episode, we explore how developers and investors are working through the complex process of bridging the human and legal needs of the outside world with these complex, decentralized systems run by blockchains, automated smart contracts, “multisig” tokenized collateral agreements.

via Search Results for “ethereum” – CoinDesk https://www.coindesk.com/podcasts/coindesk-reports/daos-defi-and-dollars-the-new-world

Stake Technologies Raises $10M Ahead of Polkadot and Kusama Auctions

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With auctions to win a place building on the Polkadot blockchain ecosystem beginning soon, projects are coming out with strategies to secure one of the coveted slots.

via Search Results for “ethereum” – CoinDesk https://www.coindesk.com/stake-technologies-raises-10m-warchest-ahead-of-polkadot-and-kusama-auctions

Market Wrap: Bullish Basel News Causes BTC Jump to Week-High $38K Level; ETH Slips

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Bitcoin busted out a quick 5% gain early Thursday on positive news from that continent before losing some steam.

via Search Results for “ethereum” – CoinDesk https://www.coindesk.com/market-wrap-basel-btc-jump-eth-slips

Gold Tokens Take Off as Inflation Accelerates, Bitcoin Retreats

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The market cap of gold-backed tokens has surged 30-fold since the start of 2020, according to one research firm.

via Search Results for “ethereum” – CoinDesk https://www.coindesk.com/gold-tokens-take-off-as-inflation-accelerates-bitcoin-retreats

A Big Carbon Footprint Compared to What?

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When blockchain systems reduce human involvement in transactions, the carbon benefits can be substantial, says our columnist.

via Search Results for “ethereum” – CoinDesk https://www.coindesk.com/carbon-footprint-crypto-paul-brody-bitcoin

Arrington Capital Launches $100M Algorand Ecosystem Fund

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The TechCrunch founder’s second crypto fund will bet on Algorand projects and coins. But don’t think the firm is abandoning XRP.

via Search Results for “ethereum” – CoinDesk https://www.coindesk.com/arrington-capital-launches-100m-algorand-ecosystem-fund

Hut 8 Mining’s Shares to Be Listed on Nasdaq

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Hut 8 will also retain its listing on the Toronto Stock Exchange.

via Search Results for “ethereum” – CoinDesk https://www.coindesk.com/hut-8-minings-shares-to-be-listed-on-nasdaq

Ethereum Wallet MEW Enables Eth 2.0 Staking Through Your Phone

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MEW is one of several crypto wallet services actively helping onboard new users to the Ethereum blockchain, which has now amassed a market capitalization of over $272 billion. Kosala Hemachandra, the co-founder and CEO of My Ether Wallet (MEW), talks about MEW’s two-step solution to staking on Ethereum 2.0.

via Search Results for “ethereum” – CoinDesk https://www.coindesk.com/podcasts/coindesk-reports/ethereum-wallet-mew-staking-through-phone

Dapper Labs Unveils Flow-Native Stablecoin, FUSD, With Other ERC-20-Like Tokens to Follow

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The maker of NBA Top Shot is deploying new tools for developers to launch tokens on the Flow blockchain.

via Search Results for “ethereum” – CoinDesk https://www.coindesk.com/dapper-labs-unveils-flow-native-stablecoin-fusd-with-other-erc-20-like-tokens-to-follow

Bitcoin Peeps Above $38K on Basel News

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The top cryptocurrency hit a high of $38,461 during the European hours, extending Wednesday's double-digit rally.

via Search Results for “ethereum” – CoinDesk https://www.coindesk.com/bitcoin-peeps-above-38k-on-basel-news