In its first external funding round, New York based crypto finance platform Gemini has announced $400 million in new investment from venture capitalists and other investors. The growth equity round has been led by Morgan Creek Digital with Marcy Venture Partners, 10T, ParaFi, Newflow Partners also contributing. Also noteworthy is the presence of the Commonwealth […]
Gemini Scores $400m for Global Expansion Read More »
The bZx / Fulcrum team has hired crypto lawyer Jason Gottlieb as it continues its pursuit of lost funds – and has begun voting on its proposed compensation plan DeFi protocols have borne the brunt of several recent attacks and security breaches, causing investor losses running into the millions. The bZx Phishing Attack On November
bZx / Fulcrum Phishing Attack Update Read More »
According to its latest ‘Transparency Report’ the Cake DeFi platform experienced macro challenges to its growth this year, as it plans its expansion into tokenized stocks, commodities, and precious metal offerings in the near term. Since its 2019 launch, Singapore based Cake DeFi says it has grown to over 270,000 users and has over $700
Cake DeFi Report Reveals Challenges & Opportunities Read More »
In a new report, the Biden administration’s Working Group on Financial Markets details what it believes are the dominant risks posed by currencies like Tether and USDC – and recommends the US Congress enacts new stablecoin laws. The Working Group on Financial Markets (PWG) worked with the Federal Deposit Insurance Corporation (FDIC) and the Office
US Govt Proposes New Stablecoin Laws Read More »
With the renewed interest in cryptocurrency that comes with the Bitcoin price reaching an all-time-high, the number of crypto thefts and scams has never been greater. So how can you insure your Bitcoin and other cryptocurrencies? Can an individual insure their personal cryptocurrency holdings? The answer is yes, but like most things in the crypto
How to insure your Bitcoin Read More »
San Francisco based DeFi platform Compound has revealed around $62 million worth of its COMP tokens have not been returned after a flawed smart contract update on September 29th allowed many users to help themselves to the platform’s native token. The bug in the Comptroller contract was introduced on September 29th when the Proposal 62
Compound Contract Bug – $62 M of Comp Still Missing Read More »
New York based crypto finance company Gemini has purchased Shard-x, with the goal of integrating Shard-x’s multiparty computation technology (MPC) into Gemini’s security processes. MPC technology is a crypto protocol that shares a computation between a number of different parties. In the case of the private key for a crypto hardware wallet, for example, MPC
Gemini Buys Crypto Security Startup Shard-x Read More »
As the crypto-finance market continues to expand, more details have been released about the new Gemini crypto credit card Gemini has announced that its new crypto credit card will be a Mastercard and its issuing bank will be Salt Lake City, Utah, based WebBank. Gemini says its Mastercard credit card will be launched in the
The Gemini Crypto Credit Card – New Details Released Read More »
Crypto prices are notoriously volatile but it is possible to earn interest on cryptocurrency in both bull and bear runs – at rates much higher than those offered by the savings accounts of traditional banks. The Bitcoin price has risen from $6,000 to $60,000 in the last 12 months, so anyone who had been holding
How to Earn Interest on Cryptocurrency Read More »
