Israeli Startup Chain Reaction Raises $70 Million to Build Blockchain Silicon

chain reaction blockchainChain Reaction, a Tel Aviv-based blockchain startup, announced it has raised $70 million as part of its Series C funding round. The objective of the company is to expand its engineering staff to accelerate the production of its blockchain-focused silicon and collaborate in the development of its cryptographic-focused chips. Chain Reaction Raises $70 Million in […]

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Contagion: Genesis faces huge losses, BlockFi’s $1B loan, Celsius’s risky model

A leaked investor call from Morgan Creek Digital suggests BlockFi liquidated 3AC for $1 billion, while Celsius reportedly maintained a highly risky assets-to-equity ratio last year that may have caused its recent liquidity woes.

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Two US Public Pension Funds Back New $40 Million Crypto VC

Two American Public Sector Pension Funds Back $40 Million Crypto VCTwo American public sector pension funds have reportedly backed a new cryptocurrency industry venture capital fund with a large tranche of a combined $40 million investment. The deal is being hailed as a show of confidence in the field from some of the most conservative types of investment managers. Also Read: In the Daily: New […]

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Will Pension Funds Soon Be Investing in Crypto?

Pros and Cons of Pension Fund Investors Entering CryptoThe latest rumor circulating in the investment industry is that pension funds are buying crypto. Is a multi-million dollar pension fund finally prepared to give investors exposure to cryptocurrencies? And if so, what will this mean for the burgeoning asset class? Also Read: Morgan Creek Launches Digital Asset Index Fund for Institutional Investors Typical Pension Fund […]

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Yahoo! Finance Rolls Out Bitcoin Core, Ethereum, Litecoin Trading

Yahoo! Finance Rolls Out Bitcoin, Ethereum, Litecoin Trading“The virus is spreading,” tweeted Morgan Creek Digital’s Founder & Partner Anthony Pompliano at the news Yahoo! Finance (YF) had integrated bitcoin core (BTC), ethereum (ETH), and litecoin (LTC) into their trading platform. He was one of many enthusiasts to insist the event was an important step in the quest for mass cryptocurrency adoption. Also […]

The post Yahoo! Finance Rolls Out Bitcoin Core, Ethereum, Litecoin Trading appeared first on Bitcoin News.

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