• Kraken $10 bilion coinbase S-1
    Cryptocurrencies,  People,  Regulation

    Kraken looks for $10B valuation as Coinbase prepares to go public

    The U.S. based exchange’s funding round set to value it at as much as $20 billion, while larger rival Coinbase’s S-1 filing could see it worth $100 billion

    Kraken is in talks with firms including Fidelity, Tribe Capital and General Atlantic to raise the funds. However, if demand is as high as some suspect it will be, Kraken’s value could exceed $20 billion. That follows yesterday’s news that its larger competitor, Coinbase, filed a Form S-1 with the U.S. Securities and Exchange Commission, confirming reports that it will go public with a direct stock listing, probably on Nasdaq.

  • Bitcoin less dumb than cash
    Bitcoin,  People

    Elon Musk: Tesla holding Bitcoin is ‘less dumb’ than holding cash

    The tech mogul comes off as decidedly unenthusiastic about Bitcoin, which he also called ‘almost as bs as fiat money.’

    Musk was defending the recent $1.5 billion Bitcoin investment of his electric car manufacturing firm Tesla, which he said “is adventurous enough for an S&P500 company.” Furthermore, he added that “Tesla’s action is not directly reflective” of his opinion.

  • interview meltem demirors
    adblock,  Cryptocurrencies,  People

    It’s time for crypto to stop thinking small: An interview with Meltem Demirors

    The outspoken chief strategy officer of CoinShares believes the crypto community has forgotten it willed Bitcoin into reality, worries government-issued stablecoins will kill privacy, and explains why she ‘could give two fucks’ about JPMorgan

    “I think our aspirations are so small. Making Bitcoin institutional? I could give two fucks if JPMorgan cares about Bitcoin. It does nothing for me as a person, and it makes me sad that so many people have made institutional adoption a goal," Demirors said.