The Silicon Valley crypto startup cLabs, focused on mobile payments and the Celo blockchain project, is following another precedent from Facebook’s Libra playbook by launching an industry association through…
Tag: crypto
Moonshots Capital, DCG, Tezos Back $2.5M Fundraise for Crypto Software Provider – CoinDesk
Crypto software firm Zabo, which claims it can connect bank accounts directly to cryptocurrency wallets, raised $2.5 million to build out its engineering team and add new customers. The…
Tokenized US T-Bond Fund Seeks Foothold in $17T Market – CoinDesk
The crypto industry is taking aim at one of Wall Street’s oldest redoubts: investing in the $17 trillion market for U.S. Treasury bonds. Arca Funds, a Los Angeles-based money…
Prime Broker Tagomi Becomes 22nd Member of Facebook’s Libra Association – CoinDesk
Crypto prime brokerage service Tagomi is joining the Libra Association, becoming the 22nd member and the second to join since the group was formally founded in October 2019. According…
Caitlin Long on Coronavirus, Crypto Custody and Building a Bank – CoinDesk
A new crypto bank tries to address some of the most fundamental issues for institutions that want to get into the space. An incredible amount of work has gone…
New Jersey Lawmaker Wants to Create a Crypto License – CoinDesk
A New Jersey lawmaker wants to license crypto exchanges and custodians looking to conduct business in the Garden State. Assemblywoman Yvonne Lopez (D.-19) introduced the Digital Asset and Blockchain…
Here’s Why Interest Rates on Cryptocurrencies Could Be a Game-Changer – CoinDesk
Lending and borrowing cryptocurrencies is becoming an increasingly important sub-sector of crypto finance, one that may end up shaping how the underlying assets themselves are valued and priced in…
Alleged Crypto Capital Operator Faces New Wire Fraud Charge – CoinDesk
Reginald Fowler, an alleged operator behind payment processor Crypto Capital, was charged with wire fraud Friday, on top of existing charges of bank fraud, operation of an unlicensed money…
Why Today’s Crypto Exchange Leaders Are Powerful, but Not Inevitable
As crypto traders ask why bitcoin prices shot downward, the power and influence of exchanges are at the center of the conversation. After settling in at the $10,000 price…
DeFi Insurance Firm Nexus Mutual Makes Its First Payout Following bZx Attacks – CoinDesk
Insurance works in crypto so far, though it hasn’t had many big tests yet. Not many people had insurance on assets locked up in bZx’s Fulcrum, but after a…