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Monday, June 14, 2021

CryptoCurrency News: 6 Insurers Initiate New Cryptocurrency Investment Positions: Report



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

via CoinDesk

CryptoCurrency News: DeFi Projects Continue Flocking to Layer 2 Solution Polygon



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

via CoinDesk

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



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

via CoinDesk

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



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

via CoinDesk

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



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

via CoinDesk

CryptoCurrency News: Bitcoin Fund Outflows Slow but Investors Start Exiting Ether Funds



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

via CoinDesk

CryptoCurrency News: Goldman Sachs Plans to Offer Ether Options: Report



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

via CoinDesk

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



The country is testing the currency in different pilots.

via CoinDesk

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



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

via CoinDesk

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



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

via CoinDesk

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



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 CoinDesk

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



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 CoinDesk

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



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

via CoinDesk

CryptoCurrency News: Gold Tokens Take Off as Inflation Accelerates, Bitcoin Retreats



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

via CoinDesk

CryptoCurrency News: A Big Carbon Footprint Compared to What?



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

via CoinDesk

CryptoCurrency News: Arrington Capital Launches $100M Algorand Ecosystem Fund



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

via CoinDesk

CryptoCurrency News: Hut 8 Mining’s Shares to Be Listed on Nasdaq



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

via CoinDesk

CryptoCurrency News: Ethereum Wallet MEW Enables Eth 2.0 Staking Through Your Phone



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 CoinDesk

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



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

via CoinDesk

CryptoCurrency News: Bitcoin Peeps Above $38K on Basel News



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

via CoinDesk

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