CoinFlash


Markets

Grayscale Tells SEC Its Bitcoin Trust Rose $1.6B Over Six Months

Crypto investment firm Grayscale has told the SEC the dollar value of assets in its flagship bitcoin fund increased 90% to over $1.6 billion.

Grayscale CEO Michael Sonnenshein speaks at Consensus: Invest 2018. (CoinDesk archives)

Markets

Asset Manager NYDIG Raises $5M for Third Bitcoin Fund in 2020

NYDIG has set up another bitcoin fund, raising $5 million from accredited investors but it's unclear what differentiates this one from its previous funds.

New York City's Financial District (Brandon Jacoby/Unsplash)

Markets

Appeals Court Backs Coinbase in Bitcoin Gold Fork 'Breach of Contract' Lawsuit

A California appeals court has backed a prior judgment that the cryptocurrency exchange wasn't obliged to to support the Bitcoin Gold hard fork in 2017.

Coinbase CEO Brian Armstrong

Markets

Bitcoiners Launch Cryptocurrency Relief Fund Following Beirut Explosion

A group of Lebanese expats in Europe organized the Crypto Disaster Relief For Beirut Explosion fund to support those affected by last week's tragedy.

The Beirut port following an Aug. 4 explosion that rocked the city. (Mehr News Agency/Creative Commons)

Markets

Coinbase Exits Industry Lobbying Group in Protest Over Recent Unspecified 'Decisions'

Coinbase cited recent board decisions that could "irreperably impair" the Blockchain Association.

Coinbase CEO Brian Armstrong

Markets

Elliptic Hires Former Revolut CFO as It Prepares for Asia Expansion

David MacLean will oversee the crypto tracer's finance and personnel operations.

(Elliptic)

Markets

Coinbase’s Existing $8B Valuation Means It Doesn’t Need an IPO, Lawyer Says

An IPO would do little to boost Coinbase's following or $8 billion valuation, said a lawyer that specializes in getting startups to a public offering.

Coinbase CEO Brian Armstrong

Tech

Bison Trails Now Supports 'Flow' Blockchain From CryptoKitties Maker Dapper Labs

Bison Trails users can now build apps, games and more on Dapper Labs' scalable blockchain.

Bison Trails co-founders Aaron Henshaw (left) and Joe Lallouz. (Bison Trails)

Markets

MicroStrategy Buys $250M in Bitcoin, Calling the Crypto 'Superior to Cash'

Digital gold is now the "principal holding" of MicroStrategy's revamped treasury reserve strategy.

MicroStrategy CEO Michael J. Saylor

Markets

Blockchain to Play 'Essential Role' in Farming Supply Chains, Says US Government

An agency attached to the U.S. Department of Agriculture said it expects blockchain will play an important role in the sector's supply chains.

(Michael Gäbler/Wikimedia Commons)