CryptoCurrency News: Institutional Bitcoin Shop NYDIG Raises $150M for Twin Crypto Funds

New York Digital Investments Group (NYDIG) raised $150 million for two new funds to invest in cryptocurrencies, a move that underscores the one-stop crypto shop’s skyrocketing clout on the institutional bitcoin scene. As revealed in two U.S. Securities and Exchange Commission filings, NYDIG Digital Assets Fund I raised $50 million from institutional investors while NYDIG […]

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CryptoCurrency News: CEO of World’s Largest Asset Manager Says Bitcoin Can Possibly ‘Evolve’ Into Global Asset

The head of the world's largest asset manager has provided a bullish take on the world's first cryptocurrency.

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CryptoCurrency News: CEO of World’s Largest Asset Manager Says Bitcoin Can Possibly ‘Evolve’ Into Global Asset

The head of the world's largest asset manager has provided a bullish take on the world's first cryptocurrency.

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CryptoCurrency News: Hackers Using Monero Mining Malware as Decoy, Warns Microsoft

Crypto-jacking is giving nation-state hackers a decoy for their more malicious attacks, Microsoft cautioned in a report.

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CryptoCurrency News: Why Europe Bests the US at Attracting Crypto Startups

The EU has created a common framework for regulating crypto across the economic bloc. The U.S. is still working out its approach.

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CryptoCurrency News: Blockchain Bites: Ethereum 2.0 Beacon Chain Ships, Libra Rebrands, ‘Bitcoin’ Google Searches Up

Ethereum 2.0 charts new territory with the launch of its proof-of-stake backbone as retail interest in Bitcoin spikes, Google search data suggests.

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CryptoCurrency News: Gemini Donates $50K to HRF to Help Fund Another Round of Bitcoin Developers in 2021

The Human Rights Foundation has secured donations from the Gemini cryptocurrency exchange to fund even more Bitcoin developers in 2021.

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CryptoCurrency News: Ruble or Rubble? Russian Institutions Have Concerns About Proposed CBDC

Russian banks and financial brokers are worried the digital ruble will be a burden for them.

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CryptoCurrency News: Hive Reports $7.4M Q2 Profit as Lower Costs More Than Offset ‘Big Spend’ on Expansion

Hive shares have gained over 1,200% in 2020.

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CryptoCurrency News: USDC Stablecoin Issuer Centre Hires Wall Street Veteran David Puth as CEO

Centre, the Coinbase- and Circle-founded project that oversees the USDC stablecoin, has hired Wall Street veteran David Puth as its new CEO.

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CryptoCurrency News: Banks Need to Adopt Crypto, Now

Resistance is futile and the time for doing nothing with crypto was two years ago, not today, says our columnist.

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CryptoCurrency News: Bitcoin Derivatives Firm ErisX Adds Cash-Settled Contracts After Physically-Settled Futures Fall Flat

Cryptocurrency derivatives platform ErisX launched cash-settled bounded futures on Tuesday.

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CryptoCurrency News: First Mover: Bitcoin’s Failure to Break $20K Shows Big Investors Only Just Arriving

Institutional adoption is the buzzword du jour, probably a factor in bitcoin's price rally close to $20,000, and not even really happening yet.  

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CryptoCurrency News: Libra Rebrands to ‘Diem’ in Anticipation of 2021 Launch

The Libra Association is rebranding itself to "Diem" to distance itself from the original multi-currency stablecoin vision as it prepares for a possible 2021 launch.

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CryptoCurrency News: BlockFi Announces Early 2021 Launch for Bitcoin Rewards Credit Card

BlockFi CEO Zac Prince said it will be the first credit (not debit) card in the cryptocurrency industry.

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CryptoCurrency News: Blockchain Coalition Launches Tradable Carbon Credit Token

The UPCO2 token represents a certified measure of carbon dioxide and can be traded, held or burned to offset an individual’s carbon footprint.

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CryptoCurrency News: Ringleaders of PlusToken Scam Jailed for Up to 11 Years

Fourteen operators of the giant PlusToken scam have been sentenced in China to up to 11 years in prison.

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CryptoCurrency News: Ethereum 2.0 Beacon Chain Goes Live as ‘World Computer’ Begins Long-Awaited Overhaul

The Beacon Chain, the backbone of Ethereum's future Proof-of-Stake network, is now live.

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CryptoCurrency News: Coinbase Brokered MicroStrategy’s $425M Bitcoin Purchase, Companies Reveal

The revelation is a notable public relations win for Coinbase CEO Brian Armstrong.

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CryptoCurrency News: Google Searches for ‘Bitcoin Price’ Hit 18-Month High

Google searches for "bitcoin price" are double levels seen a few weeks ago.

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CryptoCurrency News: Bitcoin Entrepreneur May Bail Out Ailing UK Soccer Club

Jonathan Rowland, founder of bitcoin finance app Mode, may make a bid for struggling British soccer club Wigan Athletic.

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CryptoCurrency News: PayPal-Backed Identity Platform Acquired by Nevada’s Blockchains LLC

An identity management provider backed by PayPal, Foxconn and others has been acquired by Nevada-based holding company Blockchains LLC.

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CryptoCurrency News: Crypto Wallet Maker Ledger Hires Luxury Brand Exec to Grow Consumer Business

Ledger's new chief experience officer hails from luxury conglomerate LVMH, which owns brands like Louis Vuitton, Givenchy and Christian Dior.

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