• must reads John McAfee in jail

    Crypto must-reads for June 22, 2020

    These are the crypto stories you should be following now: DVAN index shows bitcoin retreating from $10K; PayPal, Venmo looking at in-app Bitcoin trading, sparking brief BTC bull run; McAfee ghosts crypto

    On a Monday when SEC chairman Jay Clayton’s imminent departure is bringing hope to the Bitcoin ETF masses, the main cryptocurrency is still bouncing up against the $10,000 barrier as the predicted bull run of the third Bitcoin halving hasn’t come yet. Bloomberg cites research suggesting BTC’s strength is declining. That said, Reports that PayPal and Venmo will soon add in-app bitcoin trading was enough to spark a mini rally. And now for something completely different: John McAfee is bringing his own brand of crypto crazy to distributed exchanges with the launch of his Ghost DEX. That’s a predecessor to his forthcoming Ghost privacy coin.

  • Digital assets appeal to 80%
    Cryptocurrencies,  Uncategorized

    Digital assets appeal to 80% of institutional investors, poll reveals

    Hedge funds, financial advisors, and high net worth investors said they appreciate that digital assets are uncorrelated to other asset classes and have high potential upside

    Some four-fifths of institutional investors polled recently by Fidelity Digital Assets said they found the asset class appealing, and more than 60% of them have made a direct purchase. But roadblocks remain.

  • Garlinghouse Ripple sue YouTube

    Garlinghouse, Ripple sue YouTube over XRP giveaway scams

    Saying the social media giant has repeatedly ignored requests to take down channels robbing XRP holders by using his likeness and Ripple’s logos, CEO Brad Garlinghouse has turned to the courts

    After six months of fighting to get YouTube to shut down giveaway scams using Ripple’s name to steal hundreds of thousands of dollars in XRP, the international payments firm and CEO Brad Garlinghouse and Ripple sued the social media giant today.

  • Andreessen Horowitz plots second crypto fund
    Cryptocurrencies,  People,  Uncategorized

    Andreessen Horowitz plots second crypto fund—and it’s even bigger

    Hot on the heels of a $350m fund back in 2018, the venture capital firm is seeking to raise an additional $450m for a brand-new investment vehicle

    It was an early investor in the likes of Facebook and Twitter—now, Andreessen Horowitz is planning to deepen its involvement in crypto. The venture capital firm, also known as a16z, is reportedly aiming to raise $450 million for a second cryptocurrency investment fund.