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Harvard, Yale, Brown Endowments Have Been Buying Bitcoin for at Least a Year: Sources

Ian AllisonJan 25, 2021

University endowments that backed blockchain VCs in 2018 have started buying crypto directly from Coinbase.

Questions About Tether Just Won’t Go Away. Does the Crypto Market Care?

Daniel CawreyJan 26, 2021

As the crypto market continues to rally, an old debate reignites on whether the most important stablecoin in trading is really stable.

Crypto Fraud

‘Coin Signals’ Trader Arrested on $5M Crypto Fund Fraud Charges

Danny NelsonJan 26, 2021

24-year-old Jeremy Spence bilked his investors of $5 million, according to a criminal complaint.

Terra

Galaxy, Coinbase Bet $25M on DeFi Using Terra Stablecoins

Brady DaleJan 26, 2021

The backing will help Terraform Labs build more apps on its Tendermint-based blockchain.

Mining

US Man Installs Crypto Mining Rig in Hybrid BMW Sportscar

Tanzeel AkhtarJan 26, 2021

While this mining rig can be powered by the hybrid car's battery, the trunk needs to stay open to avoid overheating.

Lending

Traditional Lenders Extended Millions in Loans to the Crypto Space Through Genesis in Q4

Nathan DiCamilloJan 26, 2021

The average loan size for a first-time lender on the platform is $3.2 million, Genesis said.

Payments

Secure Messaging App Signal Reportedly Toying With Crypto Payments

Tanzeel AkhtarJan 26, 2021

Staff at the firm are said to be worried the addition would bring bad actors and unwanted regulatory attention.

dYdX

Big Guns Back $10M Investment in DeFi’s dYdX

William FoxleyJan 26, 2021

The funding round, led by Three Arrows and DeFiance Capital, was also joined by Andreessen Horowitz and Polychain Capital.

State of Crypto

State of Crypto: Unpacking the Trump Presidency’s Crypto Legacy

Nikhilesh DeJan 26, 2021

Donald Trump may have been anti-crypto but his appointed regulators ushered in a largely industry-friendly regime.

Institutional Investment

Blockchain Bites: Universities Are Gaining Bitcoin Exposure as Institutional ETH Appetite Grows

Daniel KuhnJan 26, 2021

Meanwhile, BoE Governor Andrew Bailey said crypto qua crypto fails as currency qua currency, though dissidents like Alexey Navalny might disagree.

Opinion

What Tether Means When It Says It’s ‘Regulated’

JP KoningJan 26, 2021

Representatives say the $25B stablecoin is "regulated" but the issuer doesn't look like a financial institution bound by norms and laws.

Explainers

What Is Guggenheim Partners?

Ollie LeechJan 26, 2021

Guggenheim Partners is part of the next wave of institutional investment firms looking to step into bitcoin.

Stellar Development Foundation

Stellar Development Foundation Invests $5M in Crypto Payments Firm Wyre

Tanzeel AkhtarJan 26, 2021

A Wyre integration will introduce a variety of APIs that can be used by financial apps on the Stellar network.

FinCEN

FinCEN Further Extends Comment Period for Controversial Crypto Rules

Nikhilesh DeJan 26, 2021

The industry now has 60 days to provide feedback on the proposal.

Bitcoin Treasury Reserve Asset

Cathie Wood: More Tech Companies Will Adopt Bitcoin Treasury Reserves

Danny NelsonJan 25, 2021

Wood said large companies are asking her if they should follow Square's lead.

Recent

Bitcoin White Paper

Colombia, Estonia Upload the Bitcoin White Paper to Their Governmental Websites

Zack Voell1 minute ago

More sites are hosting Bitcoin's founding white paper since Craig Wright's threatened copyright infringement lawsuit.

Podcasts

Bitcoin News Roundup for Jan. 26, 2021

3 hours ago

With bitcoin hovering around $32K for a fourth straight day and top Ivy League universities said to be accumulating crypto, CoinDesk’s Market’s Daily is back with the latest news roundup.

China

Bitmain Co-Founder Exits, Resolving Years-Long Power Struggle as Mining Firm Preps IPO

David Pan3 hours ago

Bitmain co-founder Jihan Wu is stepping down from his role as part of a settlement.

Bitcoin

First Mover: The Smart Money (Literally) Buying Crypto as Harvard Said to Be Holding

Bradley KeounOmkar Godbole5 hours ago

The brain trust has blessed cryptocurrencies, with endowments for Harvard and other universities reportedly lapping up digital assets. For bitcoin marketeers, it's a new $600B money pot.