Coinbase CEO Brian Armstrong Launches Cryptocurrency Charity Fund

On June 27, 2018, Coinbase CEO Brian Armstrong announced his new cryptocurrency charity fund, GiveCrypto. Armstrong established the philanthropic venture to financially empower people with direct cryptocurrency distributions. Armstrong and partner Rose Broome, previously co-founder and CEO of HandUp.org, have already raised $1 million from prominent cryptocurrency community members. They plan to raise $10 million […]

EOS Founder Wants to Scrap the Platform’s Constitution, Start Anew

Daniel Larmier, the founder and technical architect of EOS, has confirmed that he wants to scrap the platform’s current constitution and build a new one. Speaking on the EOSIO Gov Telegram Channel, Larimer claimed he has doubts about the company’s current on-chain governance model and called the existing constitution “unwise.” “I have learned a lot […]

Alibaba and Jack Man’s Remittance Platform Ready to Take on Ripple: Ripple (XRP) Technical Analysis

The user case application of Ripple and their products are diverse. That’s why despite XRP being an optional product and with 100 billion in circulation, their current valuation is “fair” if not better considering the number of total coins minted. Regardless, what users want is widespread adoption and bank integration of XRP tokens. Their reasoning […]

Andreessen Horowitz Launches $300 Million Crypto Fund, Plans to HODL

Andreessen Horowitz, one of Silicon Valley’s most prolific VC firms, has launched a $300 million crypto fund, something which was not surprising considering the fact they had a few job postings that correlated with a crypto fund back in April. Apart from this, they’ve also hired their first ever female general partner, Katie Haun, a […]

Bitcoin Price Hasn’t Found a Bottom [Yet]: Crypto Hedge Fund Manager

The ongoing bitcoin price recovery might be short-lived and prices may suffer another retracement, but falling prices will be temporary and bitcoin remains a solid investment in the near-term. This was the investment opinion of Blockchain Capital partner Spencer Bogart, speaking to Melissa Lee on CNBC’s “Fast Money” this week. The venture capitalist, who has […]

Bitcoin Unicorn Circle Records a 30% Spike in New Institutional Clients in May

Much like your eccentric uncle swears to have seen Bigfoot, the Loch Ness Monster, or — for the West Virginia readers among us — Mothman, many industry professionals have claimed for months to have seen evidence that institutional investors are preparing to enter the cryptocurrency markets in a major way. This event, the oracles foretold, […]