Cryptos

Why crypto's largest trading firms are becoming VCs too

Why crypto’s largest trading firms are becoming VCs too

Amber Group Joins Expanding Pyth Network Amber Group, (the “Company”), a leading global crypto trading and technology firm, today announced that it has joined the Pyth network, a decentralized financial market data distribution platform. Through the partnership, Amber Group will contribute its first-party crypto asset market data to the Pyth network.  Further improvements in DeFi …

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What is behind Wall Street’s renewed interest in Bitcoin and other cryptos?

What is behind Wall Street’s renewed interest in Bitcoin and other cryptos?

Khurram Shroff, Chairman of IBC, or International Blockchain Consulting Group, believed that cryptocurrencies could replace bullion in the future. Speaking about Wall Street’s “renewed interest” in crypto markets, the Dubai-based executive also believed that Bitcoin’s scarcity “helped maintain buoyancy” in such markets. Shroff said in a report:  Decentralized cryptocurrencies are sparking renewed interest on Wall …

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Revolut adds four new cryptos for European users on its digital bank platform

Revolut adds four new cryptos for European users on its digital bank platform

The U.K.-based digital bank startup Revolut announced Friday the addition of  four additional crypto tokens and currencies to its platform for Europe-based users. In the December 10 blog post, Revolut said it was adding support for EOS, OMG, XTZ (Tezos) and ZRX (0x). Revolut first started allowing access to crypto buying and selling in 2017. …

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Yearn, YAM and the Rise of Crypto's 'Weird DeFi' Moment

Yearn, YAM and the Rise of Crypto’s ‘Weird DeFi’ Moment

Decentralized finance (DeFi) started out by imitating the regular financial world, but the way its pieces can be mixed and matched has become so easy that new entrants are starting to get strange. Yearn Finance (YFI), YAM, Spaghetti, Based, whatever today’s variant is – the “Weird DeFi” cohort keeps growing. Yearn.Finance seems to have been …

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Coinbase Considering 19 Additional Cryptos for Exchange Listing

Coinbase Considering 19 Additional Cryptos for Exchange Listing

Coinbase is considering listing ampleforth, hedera hashgraph, blockstack and 16 other digital assets in the cryptocurrency exchange’s latest exploratory review. 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 subsidiary of Digital …

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Nomics Machine-Learning Tool Offers 7-Day Price Forecast on Top 100 Cryptos

Nomics Machine-Learning Tool Offers 7-Day Price Forecast on Top 100 Cryptos

Data provider Nomics is using machine learning to predict the future prices of cryptocurrencies like bitcoin. Launched Thursday, the 7-Day Asset Price Prediction feed will give an outlook on future crypto prices based on purpose-built algorithms and the firm’s API, Nomics CEO Clay Collins told CoinDesk in an interview. “There are a lot of poor …

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