Yale University Said to Invest in $400 Million Paradigm Crypto Fund

Update (13:00, Oct. 5, 2018): CNBC is also reporting that Yale’s chief investment officer, David Swensen, has also invested for the university in Andreessen Horowitz’s $300 million crypto fund, which closed in June. The news source also cites anonymous sources. Has Yale University just plunged into the turbulent waters of the cryptocurrency space? That’s a big yes, according to an […]

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This Meme Marketplace Uses Dummy Tokens to Draw Users in a Bear Market

Memes are a pretty important part of the crypto ecosystem – how else would crypto visionaries display their wit and sometimes passive aggressivity? It’s no wonder then that District0x’s Meme Factory is seeing quite the buzz. Not only did District0x raise $9 million in an initial coin offering last year, backed by Boost VC and CoinFund, […]

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Bitcoin Mining Giant Bitmain Files IPO Prospectus in Hong Kong

Bitmain, the Beijing-based bitcoin mining giant, has officially filed an application in its bid to go public on the Hong Kong Stock Exchange (HKEX). Published this week, Bitmain’s long-awaited initial public offering (IPO) prospectus follows various news reports that the mining giant has been mulling a Hong Kong listing and weighing a multi-billion dollar public […]

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Up 13%: XRP Jumps By Double Digits for Second Time This Week

XRP’s price is boasting double-digit percentage growth today for the second time this week as the broader market picks up the bid. At press time, the world’s third-largest cryptocurrency by market capitalization is trading across exchanges at an average price of $0.37 – a six-week high and 13.60 percent gain from today’s opening price of […]

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Proof of Use? Civil Believes This ICO Model Lets It Sell Anyone Tokens Legally

Civil, the blockchain startup looking to disrupt media, will be offering its crypto token to investors of all kinds – both accredited and unaccredited – next week. As a spoke of ConsenSys, the ethereum startup incubator and business all its own, that decision runs counter to most of the common wisdom about token sales these […]

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Can Security Tokens Save Crypto From the Bear Market Blues?

“Security tokens will save crypto.” That’s what Trevor Koverko, CEO of the crypto project Polymath, told CoinDesk at a blockchain technology festival in Toronto this week. There, tokenized dividends were the week’s hot topic, even despite the bear market in August in which bitcoin and ether prices dipped to below $6,000 and $300, respectively. But […]

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Crypto Bulls Fighting Back? Market Sees Green After Sell-Off

The cryptocurrency market is flashing green Wednesday following a major downturn, with the total capitalization rising more than $11 billion on a 24-hour basis. The signs of a turnaround emerge in the wake of a rough patch for the market, during which it hit its lowest point for 2018, as CoinDesk previously reported. At press time, […]

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Below $300: Ether Price Hits New Low for 2018

Ether, the world’s second-largest cryptocurrency by market capitalization, fell to its lowest price of 2018 on Monday. At 16:50 UTC during Monday’s trading session, the cryptocurrency fell below $300 dollars for the first time since November 12, 2017, according to CoinDesk’s Ethereum Price Index (EPI).  ETH was last seen trading at an average price of […]

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