Bitwise Investments raises $4M to launch its crypto index fund

 Last month San Francisco-based Bitwise Investments announced a passively managed index fund comprised of the top 10 cryptocurrencies by market capitalization. The fund rebalances once a month, and all assets are held in cold storage. Essentially its an easy way for investors to gain some passive exposure to cryptocurrency without having to worry about which ones to choose and how to buy and… Read More

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With markets going crypto-crazy, SEC chairman weighs in

 Given the crazy run cryptocurrencies like bitcoin, ether and litecoin have been on in the last week, it was only a matter of time before the Securities and Exchange Commission weighed in. Well, now it has in the form of an open letter from SEC Chairman Jay Clayton.  Read More

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Bitcoin futures are now tradable on the CBOE

 Bitcoin futures trading on CBOE, the world’s largest futures exchange, just launched at 5pm CT. Within a minute of the launch bitcoin spiked about 10% from ~$14,700 all the way up to $16,200 before settling a few minutes later to around $15,500, up about 5%. Now an hour after launching the actual price of bitcoin is still up, trading around $15,350. Currently the settlement price of… Read More

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Bitcoin mining marketplace NiceHash loses tens of millions of dollars following hack

 Bitcoin is flying sky high after crossing the $14,000 mark for the first time, but one projected aimed at helping mine coins is short of at least $60 million after it was hacked. NiceHash, a marketplace that matches those with spare computing to power to miners wanting to create new coins, has confirmed that it has hit by attackers who snatched bitcoin. The company has paused operations for… Read More

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Hope grows that a larger SEC crackdown on ICOs is coming — and soon

 That wait-and-see stance looks to evolve into much more action 2018, suggest those who’ve either spoken with the Securities & Exchange Commission or otherwise have a vested interest in its rulings. (The SEC isn’t commenting publicly on its specific plans.)
Just Friday, a new division of the agency that’s focused on ICOs filed charges against an outfit called PlexCoin… Read More

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Revolut merges mobile banking with cryptocurrency trading

 Revolut is merging traditional banking and cryptocurrency to let you buy, sell, trade, and hold Bitcoin, Litecoin, and Ether alongside 25 world fiat currencies. The $90 million-funded mobile banking startup is trying to erase the divide between old and new money. Revolut‘s CEO Nikolay Storonsky announced on stage today at TechCrunch’s Disrupt Berlin conference that… Read More

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So what if bitcoin is another bubble? The dot-com bubble gave us the modern internet

 “I get asked a lot… is this another dot-com bubble” said Mona El Isa, the chief executive and co-founder of Melonport onstage at TechCrunch Disrupt Berlin. “And, um… My response usually… goes something like… so what if it is?” Read More

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The Sun Exchange funds solar installations with micro-investments and bitcoin

 Solar power could transform small communities around the world, but remote villages can’t always scrape together the thousands of dollars required to install the cells. The Sun Exchange wants to change that by leveraging the hearts and wallets of hobby investors, who cover the installation costs and then have their share of the revenue trickle in for years to come. There’s even… Read More

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Israeli serial startup stars of blockchain tech return with QEDit, a zero-knowledge proof diligence tool

 Leveraging some “mind boggling math” introduced as an update onto the Ethereum blockchain only a few months ago, QEDit is launching its product on our Battlefield stage at TechCrunch Disrupt Berlin. The company, which takes its name from the Latin phrase quod erat demonstrandum (which was what would have been demonstrated) relies on the principle of zero knowledge proofs to… Read More

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Bitcoin Bubble Burst will warn you if the bitcoin dream is about to crash down

 Whether you’re a bitcoin believer or a vulture waiting to have your bubble predictions proved right, you’re probably keeping one nervous eye on the charts in anticipation of the crash everyone seems to expect any second now. Bitcoin Bubble Burst lets you you focus on other things, while it watches for major price changes and news events that could affect prices and alerts you in… Read More

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