Digital Currency Group

Digital Currency Group
Founded by Barry Silbert in 2015, Digital Currency Group (DCG) is a venture capital firm that invests solely in the digital currency industry. Digital Currency Group has three subsidiaries: CoinDesk, which was purchased in January 2016, digital currency brokerage firm Genesis Trading and digital asset management firm Grayscale Investments.  Headquartered in New York City, DCG […]

YouTube Suspends Ripple’s Tech Chief Days After XRP Scam Lawsuit Filing

YouTube Suspends Ripple’s Tech Chief Days After XRP Scam Lawsuit Filing
Schwartz's channel was suspended for impersonation, but he's no idea why.

From Corrupt to Broken: An Insider’s Analysis of the Fed, Feat. Danielle Dimartino Booth

From Corrupt to Broken: An Insider’s Analysis of the Fed, Feat. Danielle Dimartino Booth
An advisor to the Fed through the Great Financial Crisis to 2015 examines the latest in the largest monetary policy experiment in human history.

Andreessen Horowitz Doubles Down on Crypto Investments With New $515M Fund

Andreessen Horowitz Doubles Down on Crypto Investments With New $515M Fund
Andressen Horowitz pointed to next-generation payments, decentralized finance, new monetization models and Web3 as use cases it would look into for its new $515 million fund.

CBDCs Come in Many Forms – Here’s a Quick Guide

CBDCs Come in Many Forms – Here’s a Quick Guide
Dozens of central banks are piloting digital currencies. George Calle, of R3, takes us through the various project types.

Bitcoin Whale Addresses Hit Highest Number Since August 2019

Bitcoin Whale Addresses Hit Highest Number Since August 2019
Large crypto investors, popularly known as “whales,” seem to be accumulating bitcoin amid the ongoing price rally.

Blockchain Bites: Bitcoin’s Boom Roils Markets and a16z Makes a Long-term Play

Blockchain Bites: Bitcoin’s Boom Roils Markets and a16z Makes a Long-term Play
While FOMO drives up bitcoin's price and derivatives market, Telegram announces another delay and Andreessen Horowitz raises a $515 million fund.

The ‘Great Lockdown’ Is Boosting Demand for Bitcoin Custody Solutions

The ‘Great Lockdown’ Is Boosting Demand for Bitcoin Custody Solutions
Bitcoin wallet startups have seen a sudden uptick in activity. In short, more people want to hold their own bitcoin than ever before.

ICE Spent ‘Nearly $300M’ Helping Bakkt Acquire Loyalty Firm Bridge2

ICE Spent ‘Nearly $300M’ Helping Bakkt Acquire Loyalty Firm Bridge2
ICE spent close to $300 million acquiring Bridge2 Solutions for Bakkt, CEO Jeffrey Sprecher said in an earnings call Thursday.

Bitcoin News Roundup for April 30, 2020

Bitcoin News Roundup for April 30, 2020
Here comes the BTC price bump while Telegram pulls back on its token sale. This is CoinDesk's Markets Daily podcast.

BTSE Exchange Taps Into Crypto Demand by Increasing Request-for-Quote Limits

BTSE Exchange Taps Into Crypto Demand by Increasing Request-for-Quote Limits
BTSE, a Dubai-based cryptocurrency exchange, has upped the limit for its over-the-counter request for quote (RFQ) due to April's surge in bitcoin demand.

Banking the Unbanked: How the Crypto Community Can Make a Big Impact

Banking the Unbanked: How the Crypto Community Can Make a Big Impact
For tech-savvy young adults in communities often overlooked by traditional big business, the crypto and blockchain industry offers opportunities that others don't.

Fidelity-Backed Fireblocks Opens Asia Offices to Pitch Crypto ‘Hot Vault’

Fidelity-Backed Fireblocks Opens Asia Offices to Pitch Crypto ‘Hot Vault’
Fireblocks, a platform that secures digital assets in transit, is expanding in Asia with two new offices, one in Hong Kong, the other in Singapore.

YouNow’s Regulated Crypto Project Props Will Migrate to Algorand Blockchain

YouNow’s Regulated Crypto Project Props Will Migrate to Algorand Blockchain
Props is hoping the move onto public blockchain Algorand will help it expand.

Tezos Becomes Latest Blockchain to Tap Chainlink for Oracle Services

Tezos Becomes Latest Blockchain to Tap Chainlink for Oracle Services
Chainlink has integrated with yet another blockchain, this time Ethereum rival Tezos.

Genesis CEO Details ‘Black Thursday’ Chaos in Q1 Lending Report

Genesis CEO Details ‘Black Thursday’ Chaos in Q1 Lending Report
Crypto lender Genesis Capital increased its loan book to $649 million during a tumultuous Q1 marked by wild fluctuations in the price of bitcoin.

Binance, Brock Pierce Donate $1M to Puerto Rico’s Covid-19 Fight

Binance, Brock Pierce Donate $1M to Puerto Rico’s Covid-19 Fight
Brock Pierce’s nonprofit and Binance say they are buying $1 million in personal protective equipment to help fight coronavirus in Puerto Rico.

Shares in Grayscale’s Bitcoin Trust Up By 14% After Crypto’s Price Rallies

Shares in Grayscale’s Bitcoin Trust Up By 14% After Crypto’s Price Rallies
Shares in the Grayscale Bitcoin Trust climbed 14% on Wednesday as bitcoin's price rallied toward $9,000.

First Mover: Bitcoin Now Crushing Gold After Biggest Price Jump in Six Weeks

First Mover: Bitcoin Now Crushing Gold After Biggest Price Jump in Six Weeks
"Digital gold" has surged past the yellow metal to become one of the year's best performing assets, up more than 20% in 2020.

Older Mining Machines Turn Profitable Again as Bitcoin Rises Ahead of Halving

Older Mining Machines Turn Profitable Again as Bitcoin Rises Ahead of Halving
Older mining models can now earn 10-20% gross margins after bitcoin’s price jumps to two-month highs.

Bitcoin Price Rockets to Two-Month High Above $9,400

Bitcoin Price Rockets to Two-Month High Above $9,400
Call options on bitcoin are drawing higher prices following the cryptocurrency's quick move to two-month highs.

Alibaba Patents Blockchain System That Spots Music Copycats

Alibaba Patents Blockchain System That Spots Music Copycats
The e-commerce giant has patented a blockchain-based means of vetting the originality of songs.

Blockstack Ran on Token Sales in 2019, Says Latest SEC Filing

Blockstack Ran on Token Sales in 2019, Says Latest SEC Filing
Blockstack disclosed that its $23 million revenue in 2019 came almost entirely from Stacks token sales.

Telegram Caves to US Regulators: Delays Blockchain Launch, Offers to Return $1.2B to Investors

Telegram Caves to US Regulators: Delays Blockchain Launch, Offers to Return $1.2B to Investors
Telegram is delaying the launch of its TON blockchain for a second time, and offered to repay investors up to 72 percent of their funds back after losing an initial court fight with the

Ousted Bitmain Co-Founder Wins Partial Victory in Latest Legal Battle

Ousted Bitmain Co-Founder Wins Partial Victory in Latest Legal Battle
Micree Zhan persuaded a Beijing municipal agency to stop Bitmain from changing its local legal representative – but not to give him back the title.

Market Wrap: Bitcoin’s Price Tear Suggests It’s FOMO Time Again

Market Wrap: Bitcoin’s Price Tear Suggests It’s FOMO Time Again
Fear of missing out, or FOMO, ahead of the halving, along with strength in stocks despite bad economic data, appear to be driving bitcoin’s ascent.

Bitcoin Jumps 12% as Fed Keeps Money Flowing and US Economy Shrinks

Bitcoin Jumps 12% as Fed Keeps Money Flowing and US Economy Shrinks
"It's clear that the effects on the economy are severe," said Federal Reserve Chair Jerome Powell. "We won't run out of money. It's an unlimited pot."

Coinbase, Kraken Suffer Temporary Outages as Bitcoin Soars as High as $8,900

Coinbase, Kraken Suffer Temporary Outages as Bitcoin Soars as High as $8,900
Coinbase experienced a temporary outage as daily volume spiked to over $320 million amid bitcoin’s rally to $8,900.

When Currencies Fail: A Primer on the Dollar Crisis in Lebanon

When Currencies Fail: A Primer on the Dollar Crisis in Lebanon
A massive shortage of dollars is instigating economic chaos, including a more than 50% loss of value in the Lebanese pound. Presented in podcast and full-transcript formats.

Arweave 2.0 Gets File Storage Project One Step Closer to Its ‘Library of Alexandria’ Dreams

Arweave 2.0 Gets File Storage Project One Step Closer to Its ‘Library of Alexandria’ Dreams
Arweave operates on the same idea as other blockchain-based file storage services such as Filecoin or Storj, but with far larger ambitions backed by new technical developments unveiled Wednesday as Arweave 2.0.

Blockchain Bites: What the Bitcoin Halving Means for Miners and Prices

Blockchain Bites: What the Bitcoin Halving Means for Miners and Prices
Predictions and price models abound ahead of Bitcoin's halving, expected in less than two weeks.

How Blockchains Become Great Big Garbage Patches for Data

How Blockchains Become Great Big Garbage Patches for Data
Far from making blockchains more convenient, unlimited block size and zero fees render them less reliable, says Nic Carter.

Bitcoin News Roundup for April 29, 2020

Bitcoin News Roundup for April 29, 2020
BTC prices rise as experts agree that the halving isn't that big a deal. It's CoinDesk's Markets Daily Podcast.

66% of Europeans Believe Crypto Will Still Be Around in 10 Years: Survey

66% of Europeans Believe Crypto Will Still Be Around in 10 Years: Survey
A poll from bitFlyer Europe suggests confidence in crypto is growing, despite the economic impact of the coronavirus pandemic.

Bitcoin Wallets Are Adopting This Tech to Simplify Lightning Payments

Bitcoin Wallets Are Adopting This Tech to Simplify Lightning Payments
Bitcoin’s Lightning network has a long way to go in terms of user experience. To tackle this problem, a standard known as lnurl is quietly gaining ground.

Silvergate Adds 46 More Crypto Clients in Q1 While Existing Customers Increase Deposit Levels

Silvergate Adds 46 More Crypto Clients in Q1 While Existing Customers Increase Deposit Levels
Silvergate Bank added 46 crypto customers in the first quarter and saw fee income and deposits increase from those customers because of “Black Thursday,” according to its earnings report released before market open on Wednesday.

Digital Asset Firm Taurus Group Raises €10M From Investors Including Banks, Tezos

Digital Asset Firm Taurus Group Raises €10M From Investors Including Banks, Tezos
Taurus Group is looking to expand its operations after securing Series A funding led by Arab Bank Switzerland.

Bitcoin Rises Above $8.1K as Bulls Eye April Gain for Fifth Year Running

Bitcoin Rises Above $8.1K as Bulls Eye April Gain for Fifth Year Running
Prices jumped above $8,100 on Wednesday, making an April gain for the fifth consecutive year all but certain.

First Mover: For Bitcoin Prices, Inflation Headlines May Matter More Than the Reality

First Mover: For Bitcoin Prices, Inflation Headlines May Matter More Than the Reality
Money printer goes brrr, but does it necessarily mean big inflation?

YouTube Suspends Ripple’s Tech Chief Days After XRP Scam Lawsuit Filing

YouTube Suspends Ripple’s Tech Chief Days After XRP Scam Lawsuit Filing
Schwartz's channel was suspended for impersonation, but he's no idea why.

Crypto Data Provider Skew Raises $5M, Launches Trade Execution Platform

Crypto Data Provider Skew Raises $5M, Launches Trade Execution Platform
The $5 million round, led by Octopus Ventures, adds to a $2 million seed round raised in September of last year.

Boerse Stuttgart’s Bitcoin Exchange Adds Stop Orders as Volatility Hedge

Boerse Stuttgart’s Bitcoin Exchange Adds Stop Orders as Volatility Hedge
The firm says it's implemented "volatility interruptions" to protect traders from having all their stops triggered in a flash crash.

Nasdaq Is Using R3’s Corda for Managing Digital Assets

Nasdaq Is Using R3’s Corda for Managing Digital Assets
The Nasdaq stock exchange has partnered with R3 to offer a platform for digital asset marketplaces on the Corda blockchain.

US Transportation Dept. Says Blockchain Could Bring More Trust to Commercial Drones

US Transportation Dept. Says Blockchain Could Bring More Trust to Commercial Drones
A U.S. Department of Transportation report says using blockchain to track drones can make them safer.

Stacking Sats? Small Bitcoin Holders on the Rise, Data Suggests

Stacking Sats? Small Bitcoin Holders on the Rise, Data Suggests
New data support the idea that small bitcoin investors are multiplying rapidly. Anecdotal evidence suggests much of that growth is happening in the U.S.

Dragonfly Capital Managing Partner Alexander Pack Steps Down

Dragonfly Capital Managing Partner Alexander Pack Steps Down
Alexander Pack, managing partner of Dragonfly Capital, has stepped down from the crypto investment firm, according to a letter obtained by CoinDesk.

Kyber Network Activity Surges as DEX Plans Switch to Staking Model in Q2

Kyber Network Activity Surges as DEX Plans Switch to Staking Model in Q2
A planned upgrade that would allow token holders to earn staking income is bringing out users in droves to Kyber Network, a decentralized exchange.

Network Bringing Bitcoin to DeFi Taps Libra Member Bison Trails for Staking Services

Network Bringing Bitcoin to DeFi Taps Libra Member Bison Trails for Staking Services
DeFi protocol Keep Network has tapped Bison Trails to provide non-custodial staking services for tBTC, an ERC-20 representation of bitcoin (BTC) deposits.

COVID-19 and the Mass Surveillance Machine, Feat. Maya Zehavi

COVID-19 and the Mass Surveillance Machine, Feat. Maya Zehavi
An exploration of how the COVID-19 crisis is shifting power dynamics between governments, people, and business.

Crypto Advocate Brian Quintenz Will Step Down From CFTC Role by October

Crypto Advocate Brian Quintenz Will Step Down From CFTC Role by October
CFTC Commissioner Brian Quintenz, who sponsored the Technology Advisory Committee and advocated for self regulation in the crypto industry, will leave his post by late October.