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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Coinbase CEO: ‘Please invest responsibly’

 In a Medium post, the CEO of Coinbase, one of the most popular cryptocurrency exchanges out there, is urging users to be responsible about their investments. “We also wanted to remind customers of some of the risks associated with trading digital currency,” CEO Brian Armstrong wrote. “Digital currencies are volatile and the prices can go up and down.” Read More

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Nvidia’s $2,999 Titan V is a 110 teraflop GPU for AI processing

 Nvidia cards are the de facto standard for running machine learning workloads and today, the company added yet another high-end compute-centric card to its line-up: the Titan V. This card, which is based on Nvidia’s Volta architecture, features 21.1 billion transistors on a 815 mm2 chip that can produce a full 110 teraflops of compute power. All of that power comes at a price, though.… Read More

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6 red flags of an ICO scam

 With exponential growth in public interest, esoteric terminology and a lax regulatory framework, it is no surprise that some ICOs have been used to fund scams and cheat investors of their money. While nothing can compete with quality due diligence, knowing which red flags to look for in order to steer clear of scams or bad ICOs can be helpful. Read More

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The price of Bitcoin has doubled in two weeks, now above $16k

 Bitcoin prices are hockey-sticking on a hockey stick. The cryptocurrency’s gains Thursday morning hit new heights striking well above $18k across widely varying exchanges, coming to rest above $16,000 while the popular Coinbase exchange had been suffering major issues due to “record high traffic.” Bitcoin was trading below $8,000 two weeks ago. This is a truly, truly… 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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Parity CEO says she’s confident that its $280M in frozen Ethereum isn’t lost forever

 Earlier this year, Parity Technologies seemingly lost about $280 million worth of Ethereum when a user of its wallet accidentally deleted a code library that made Parity’s wallets work. At least 1 million in ETH became frozen — and about $90 million of those were actually from Parity co-founder and Ethereum core developer Gavin Wood’s Initial Coin Offering (ICO) for its… Read More

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SEC’s new cyber unit takes its first action to halt an initial coin offering ‘scam’

 The Securities and Exchange Commission has charged Canadian crypto company PlexCorp with violating securities laws by selling up to $15 million in an initial coin offering (ICO). ICO’s have seen explosive growth over the past year as fledgling companies have used them raise more than $3 billion in capital through various cryptocurrencies. However, experts have warned they can present… 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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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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