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BlackRock’s entry reflects a change in institutional outlook on crypto January 26, 2021
The entry of the world’s largest asset manager into the realm of crypto finance could potentially signal the entry of other big-name players. On Jan. 20, BlackRock, the world’s largest asset manager with over $8.7 trillion assets under management, appeared to have given the green light to two of its associated funds, BlackRock Global Allocation […]
Shiraz Jagati
With Yellen confirmed, Treasury moves forward with stalled crypto monitoring rule January 26, 2021
The Treasury has opened up the comment period for its self-hosted wallet requirements for another 60 days. The United States Treasury Department's now-infamous proposal to require information on crypto transfers from exchanges to self-hosted wallets is back in motion.Per a Tuesday announcement from the Financial Crimes Enforcement Network, or FinCEN, stakeholders will have another 60 days […]
Kollen Post
Bored with Bitcoin? The BTC bull run is about to return, this indicator says January 26, 2021
Analysis of sellers' profits this week increasingly points to an imminent return to upside for BTC/USD. Bitcoin (BTC) hodlers hoping for a return to the bull run may not have long to wait, as a popular indicator gives cause for optimism.As compiled by on-chain monitoring resource Glassnode, data from the Bitcoin spent output profit ratio […]
William Suberg
American Cancer Society launches first-ever Crypto Cancer Fund January 26, 2021
The American Cancer Society and The Giving Block have created a new research fund that accepts crypto donations. In collaboration with crypto donations company The Giving Block, the American Cancer Society has set up the Cancer Crypto Fund, which seeks to raise at least $1 million by early 2021 to fund ongoing research initiatives. Donations […]
Sam Bourgi
Digital Currency Group's crypto mining arm enters top 10 global mining pools January 26, 2021
Foundry entered the cryptocurrency mining game in August 2020. Foundry, a wholly owned cryptocurrency mining subsidiary of Digital Currency Group, or DCG, has entered the top 10 largest Bitcoin (BTC) mining pools in the world.The firm's CEO, Barry Silbert, announced the news on Tuesday, predicting that Foundry will soon break into the top five mining pools […]
Helen Partz
Overstock spins its blockchain subsidiary into crypto investment fund January 26, 2021
Overstock subsidiary Medici Ventures will cease providing all previous services pending a full conversion into a limited partnership fund. Online technology retailer Overstock is converting its blockchain investment wing into a cryptocurrency-focused investment fund as it seeks to maximize profits amid the crypto boom.Overstock.com announced on Monday that its wholly owned blockchain-focused subsidiary, Medici Ventures, will […]
Greg Thomson
Signal reportedly exploring crypto payments features January 26, 2021
Fast-rising messaging service Signal is rumored to be experimenting with a privacy crypto token. Privacy-focused messaging app Signal is reportedly devoting resources toward the development of a cryptocurrency payments service for its users.According to a report by Casey Newton, the founder of the technology newsletter service Platformer, Signal is mulling crypto payments integration in the […]
Osato Avan-Nomayo
Enjin enters the fashion world with augmented reality NFTs January 26, 2021
A limited-supply virtual fashion collection is up for grabs, while a new app allows holders to see it in the real world. Enjin and MetaverseMe are partnering to bring virtual fashion items to the Ethereum blockchain, creating a line of tradable nonfungible tokens representing clothing for Metaverse avatars.Enjin will be providing the infrastructure framework to […]
Andrey Shevchenko
New Hawaii bill seeks to create state-led blockchain working group January 26, 2021
Introduced in Hawaii's House of Representatives on Monday, the bill calls for the formation of a blockchain working group led by the state's economic development agency. A new partisan bill introduced by Democrats in Hawaii's House of Representatives on Monday is advocating a targeted strategy for studying and supporting the use of blockchain technology by […]
Marie Huillet
Winklevoss’ Gemini pushes presence in Asia, supports Singapore dollar January 26, 2021
Major cryptocurrency exchange Gemini has rolled out support for the Singapore dollar and set up a local office. Gemini, a cryptocurrency exchange founded by the Winklevoss brothers, continues to strengthen its global presence by tapping into the Singaporean market.On Monday, Gemini announced a roll-out of several new features for its platform in Singapore, including support […]
Helen Partz