Does the world need more stablecoins? Yes according to VCs, who have thrown hundreds of millions of dollars at projects developing stable or low volatility digital assets. The $45 million committed in 2019 takes the past two years of VC investment to over $200M. Also read: RBI Governor Discusses Crypto and Central Bank Digital Currency […] The post Venture Capitalists Have Invested Over $200M in Stablecoins appeared first on Bitcoin News. https://news.bitcoin.com/venture-capitalists-have-invested-over-200m-in-stablecoins/

The global Bitcoin and blockchain community will meet in Miami for the seventh year running to create the future of the industry. The North American Bitcoin Conference (TNABC) has hosted 20,000 attendees since 2013 and the ongoing show of support and community convergence from around the world continues to propel cryptocurrency from niche to mainstream. The post The North American Bitcoin Conference Returns appeared first on Bitcoin News. https://news.bitcoin.com/the-north-american-bitcoin-conference-returns-2/

Ebang, the ASIC chip and mining rig manufacturer based in Hangzhou, China is allegedly filing for an initial public offering (IPO) in the U.S. following Canaan’s recent Nasdaq listing and Bitmain’s secret IPO filing. The world’s third-largest bitcoin mining hardware manufacturer plans to follow Canaan’s footsteps with an attempt to be listed on the American […] The post Mining Chip Maker Ebang Next in Line to File for US IPO appeared first on Bitcoin News. https://news.bitcoin.com/asic-chip-maker-ebang-next-in-line-to-file-for-us-ipo/

Dozens of crypto funds, almost 70, have closed this year, a mainstream media outlet reported. And while the startling number reveals the influx of institutional investors into the crypto space might not be happening at a fast pace, it’s also worth noting that crypto fund launches are projected to reach 140 by the end of […] The post Almost 70 Crypto Funds Close This Year, Twice as Many Launch appeared first on Bitcoin News. https://news.bitcoin.com/almost-70-crypto-funds-close-this-year-twice-as-many-launch/

The crypto firm Circle recently revealed that it was spinning off the trading platform Poloniex and has since warned customers to withdraw assets or they may be sent to state governments. Following the announcement, the founder of the crypto network Digibyte (DGB), Jared Tate, explained he was extremely upset that his friend’s and family’s sensitive […] The post Tron and Poloniex Relationship Scrutinized After Digibyte Delisting appeared first on Bitcoin News. https://news.bitcoin.com/tron-and-poloniex-relationship-scrutinized-after-digibyte-delisting/

For some time now, I have been aware of a widespread fascination among many libertarians with Jim Bell’s “Assassination Politics” (AP). At my request, Robert Vroman has defended the merits of AP. In this article, I will argue that AP is just about the single worst idea that libertarians could advocate. Despite my misgivings, I […] The post The Politics of Destruction appeared first on Bitcoin News. https://news.bitcoin.com/the-politics-of-destruction/

European Central Bank (ECB) executive board nominee and member of the German Council of Economic Experts, Isabel Schnabel, recently remarked at a European Parliament hearing that “This scapegoating [of the ECB] is extremely dangerous: it may damage the trust in the euro.” Schnabel was speaking out in defense of negative deposit rates being employed as […] The post ECB Nominee Blames Resistance to Negative Rates on Financial Illiteracy appeared first on Bitcoin News. https://news.bitcoin.com/ecb-nominee-blames-resistance-to-negative-rates-on-financial-illiteracy/

Crypto financial services company Blockfi has launched a trading platform supporting three cryptocurrencies. The new offering adds to the company’s existing services: interest-bearing accounts and crypto-backed loans. Blockfi has completed registration with the U.S. Financial Crimes Enforcement Network and expanded its state licenses to cover both lending and money transmission. Also read: Bitcoin ATMs Installed […] The post Crypto-Focused Lender Blockfi Launches Trading Platform appeared first on Bitcoin News. https://news.bitcoin.com/crypto-focused-lender-blockfi-launches-trading-platform/

The governor of the Reserve Bank of India (RBI), Shaktikanta Das, spoke about cryptocurrency during a press conference on Thursday. He also talked about the prospect of an RBI-issued digital currency, when the time will be right for issuing one, and his view on private digital currencies. Also read: Indian Supreme Court Wraps up Crypto […] The post RBI Governor Discusses Crypto and Central Bank Digital Currency appeared first on Bitcoin News. https://news.bitcoin.com/rbi-governor-discusses-crypto-and-central-bank-digital-currency/

Ukrainian crypto companies can now receive up to $75,000 each in the form of government sponsored grants. A special fund set up by the authorities in Kiev is already accepting applications from startups in various high tech sectors including the blockchain industry. Over $1.5 million will be distributed by the end of the year. Also […] The post Crypto Startups to Get up to $75,000 From the Government of Ukraine appeared first on Bitcoin News. https://news.bitcoin.com/crypto-startups-to-get-up-to-75000-from-the-government-of-ukraine/

As part of its release of the cryptocurrency exchange Poloniex, Circle may begin charging fees to Poloniex US customers. And the company warns that any unclaimed digital assets, those in dormant accounts, may be sent to state governments, consistent with relevant regulations for abandoned property. Also Read: Circle Drops Poloniex Leaving US Crypto Traders High […] The post Circle Warns Poloniex US Customer Assets May Be Sent to the Government appeared first on Bitcoin News. https://news.bitcoin.com/circle-warns-poloniex-us-customer-assets-may-be-sent-to-the-government/

It’s impossible to assess the cryptocurrency landscape without considering Binance. It looms large over the industry, dictating trends, soaking up liquidity, and compelling new exchanges to fight tooth and nail for market share. Most exchanges aren’t gunning to become the next Binance. But they must all exist in its shadow while striving to carve a […] The post Cryptocurrency Exchanges Are Fighting to Escape Binance’s Shadow appeared first on Bitcoin News. https://news.bitcoin.com/cryptocurrency-exchanges-are-fighting-to-escape-binances-shadow/

The MLM monitoring publication behindmlm.com revealed on Dec. 1 that the infamous Ponzi scheme Onecoin’s website onecoin.eu has gone offline. According to the domain host Eurid, the onecoin.eu domain name is currently “under legal investigation.” Onecoin’s website going offline follows the recent arrest of the operation’s cofounder Konstantin Ignatov. Also read: Part Deux! Onecoin Buyer […] The post Onecoin Websites Suspended as the $4 Billion Ponzi Crumbles appeared first on Bitcoin News. https://news.bitcoin.com/multiple-onecoin-websites-suspended-as-the-4-billion-dollar-ponzi-crumbles/

Since mid-September, the Federal Reserve has injected three trillion U.S. dollars into the hands of private banks and Wall Street. Despite the fact that massive amounts of money was created out of thin air, the central bank still believes repurchase agreements (repos) are needed to tame the turbulent economy. Nearly every day the Federal Reserve […] The post The Fed’s Money Creation System Is Fueling One of the Biggest Heists in History appeared first on Bitcoin News. https://news.bitcoin.com/the-feds-money-creation-system-is-fueling-one-of-the-biggest-heists-in-history/

A lesser known, yet uniquely compelling candidate for the real Satoshi Nakamoto is Japanese mathematician and number theorist Shinichi Mochizuki. With a long history of mathematical innovation, and purportedly proving conjectures thought to be near impossible to verify, he seems to almost come from an alien world. Mochizuki further painstakingly avoids the spotlight. Some, like […] The post The Many Facts Pointing to Shinichi Being Satoshi appeared first on Bitcoin News. https://news.bitcoin.com/the-many-facts-pointing-to-shinichi-being-satoshi/

ILCoin Blockchain Project set a new record for stable block size - when it successfully released a 5Gb block. This achievement became possible after the project introduced RIFT protocol, which allows to increase the block size and keep high transaction speed. With these qualities, RIFT effectively solves the scalability issue of blockchain networks, increases the potential for global adoption of DLT, and also forms a technological base for creating an economically efficient on-chain data storage. The post ILCoin Launches With 5GB Blocks appeared first on Bitcoin News. https://news.bitcoin.com/ilcoin-launches-with-5gb-blocks/

Sofi is a startup valued at over $4 billion which is focusing on providing millennials with student loan refinancing, personal loans, mortgages, and other wealth management and financial services. In September it has added crypto trading to its investing platform as a response to demand from its over 800,000 members, a service it can now […] The post $4 Billion US Fintech Startup Sofi Receives New York Bitlicense appeared first on Bitcoin News. https://news.bitcoin.com/4-billion-us-fintech-startup-sofi-receives-new-york-bitlicense/