Lightspeed Venture Partners backs crypto market maker Wintermute in $2.8 million fundraise

Lightspeed Venture Partners backs crypto market maker Wintermute in $2.8 million fundraise

A trading firm sitting behind both the centralized and decentralized cryptocurrency worlds has scored $2.8 million in a Series A funding round led by Lightspeed Venture Partners.  Wintermute, a London-based market maker in the digital asset space, announced Tuesday the close of the multi-million dollar raise exclusively to The Block, noting that the fresh capital …

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Global Blockchain Gurus to explore the future of Blockchain and Crypto in Asia

Global Blockchain Gurus to explore the future of Blockchain and Crypto in Asia

World Blockchain Summit is geared up to gather the most influential voices in the global blockchain and crypto community this July Singapore, 06 July 2020: Having hosted multiple high-level conferences across the world, World Blockchain Summit (WBS) has established itself as World’s biggest and most-elite Blockchain & Crypto Summit series. While it has proven itself …

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Binance Ordered to Halt Offering Derivatives Trading in Brazil

Binance Ordered to Halt Offering Derivatives Trading in Brazil

The Brazilian Securities and Exchange Commission (CVM) on Monday ordered cryptocurrency exchange Binance to immediately cease offering derivatives trading services in the country. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating …

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More than $180 billion in bitcoin was transacted on-chain during 2020’s Q2

More than $180 billion in bitcoin was transacted on-chain during 2020’s Q2

The value transaction on the bitcoin network saw a small increase between the first and second quarters of 2020. As shown in the chart below, in the second quarter of 2020, users transacted more than $180 billion in bitcoins. That amounts to an average of $1.98 billion per day. The data pointed was included in …

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Travala.com Lets Travelers Once Again Book Expedia Hotels in Crypto

Travala.com Lets Travelers Once Again Book Expedia Hotels in Crypto

Travala.com, a Binance-backed online travel agency (OTA), is adding support for Expedia bookings in a partnership that brings bitcoin payments back to the travel giant’s properties for the first time since 2018. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict …

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It’s Time for a Revolution in Financial Education, Feat. Tyrone Ross

It’s Time for a Revolution in Financial Education, Feat. Tyrone Ross

To decrease wealth inequality, one passionate financial adviser argues why financial education needs different content, from different voices, delivered through different channels. Financial education and financial literacy are at crisis levels in this country. Financial advisers spend billions on advertising but a fraction of that on education. The resources that are available tend to be …

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The total supply of stablecoins has grown 94% since early February

Adjusted transaction volume for stablecoins hit new all-time high in June: data

The adjusted transaction volume for stablecoins hit a new all-time high in June, according to data collected by The Block. The development represents the third month in a row that the figure was above $40 billion, beating the previous high seen in April. Once again, that adjusted transaction volume was dominated by Tether. The data …

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Bad Ravencoin Code Allows Attackers to Generate Coins Without Mining

Bad Ravencoin Code Allows Attackers to Generate Coins Without Mining

Unidentified attackers exploited a Ravencoin vulnerability to mint extra RVN “beyond the coinbase of 5000 RVN per block,” Ravencoin lead developer Tron Black wrote in a Medium post on Thursday. According to Black, members of Ravencoin’s CryptoScope team, who developed Solus Explorer, reached out to the Ravencoin developer team recently with their findings.  The vulnerability …

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Bitcoin's price expectation depends on how much money you have

Bitcoin’s price expectation depends on how much money you have

With Bitcoin’s price expectations, there are usually three camps. Well, there’s actually just two, but the third one doesn’t count, because it is filled with level-headed people. There’s one camp, consisting of the John McAfee type or the Peter Schiff type claiming, ‘Bitcoin will inevitably crash and burn.’ While this form of categorization is useful …

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