Grayscale Adds Solana and Uniswap to Crypto Investment Fund – Finance Bitcoin News

Grayscale Investments has added solana and uniswap to its large-cap funding fund. This is the primary time solana has been added to a Grayscale fund. The firm now provides 15 funds, two of that are diversified portfolios. Solana and Uniswap Added to Grayscale Fund Grayscale Investments, the world’s largest digital currency asset supervisor, introduced Friday the quarterly rebalancing of its two diversified portfolios: the large-cap fund and the defi (decentralized finance) fund. For the Grayscale Digital Large Cap Fund (OTCQX: GDLC), the corporate bought a number of the present elements

Bitcoin Tops $50,000 for First Time Since May

Bitcoin returned to the $50,000 mark on Sunday evening, a major price milestone as the crypto market continues to break out from its spring crash and subsequent summer slump.The world’s largest cryptocurrency by market cap just surpassed $50,000. At the time of writing, it's up 2.6% in the last 24 hours, 5.6% in the last week, and 55% in the past month, according to CoinGecko. The last time Bitcoin saw $50,000 was in mid-May, just after Tesla CEO Elon Musk said his company would no longer accept Bitcoin as payment

Aren’t NFTs Just Expensive JPEGs?

No. NFTs are more than just the image, it’s ownership.Photo by DrawKit Illustrations on UnsplashNFTs might not always have a fair value. Art has been used for money laundering and other illegal practices for decades, and maybe NFTs are next. But besides that, NFTs are more than a way to avoid tax and they are definitely more than just an image file anyone could download for free. Source:

Bambu’s acquisition takes it into new wealthtech turf

Bambu, a Singapore-based robo-advisor wealthtech company, announced the acquisition of a Dubai-based fintech called TradeSocio on July 13. The move sets Bambu on a path to better service advisory-led wealth markets such as the U.S. – and sets it up for a planned Series C funding round. Ned Philips, CEO and co-founder at Bambu, says the company wants to close on a new $25 million raise in the fourth quarter this year. Its lead investors are Franklin Templeton (also a client) and Chicago-based Peak6 Investments. Bambu has raised a total

Number of Users Who Own At Least 1 BTC at ATH | Bitcoin News Summary Sep 14, 2020

 Despite the most recent price dump where BTC lost about $2,000 from its price per coin, the number of people who own at least one full BTC is at an all-time high. There are currently over 800,000 ‘wholecoiners.’ Bitcoin investors seem unbothered by recent price swings. America’s tax collection agency, the IRS, is offering a $300,000 contract to anyone who can trace transactions occurring via Monero and Bitcoin’s Lightning Network. Anyone looking to take up the challenge has until Wednesday the 16th to present their proposal. Switzerland maintains its

All fintech companies will use blockchain within 10 years: Aussie government report

The Australian government’s Senate Select Committee on Financial Technology and Regulatory Technology has released a draft report citing blockchain technology more than 50 times.The report is in response to Australia’s first recession in 30 years as a result of COVID-19, which was confirmed in the June quarter’s negative growth announced on September 2. The document makes numerous recommendations about how the nation can “embrace technology and become globally competitive” said committee head Senator Andrew Bragg. He added:It is my hope this interim report can be seen as a series of

Why The Upcoming US Election is Bitcoin’s Biggest Risk

Bitcoin broke up through $12,000 but is now crashing. Gold set a new all-time high but has since pulled back. The S&P 500 keeps on setting high after high. Still, all of these assets have one thing in common: they’re all at risk for a sizable correction, primarily due to the dark cloud hanging over the coming United States 2020 Presidential election. Here are all the reasons why the coming showdown between Trump and Biden could deal a deadly blow to markets, especially Bitcoin. What a Biden or Trump Win

Kaspersky announces blockchain voting system

Kaspersky Cybersecurity firm has introduced a prototype of its revolutionary Polys blockchain voting system to open up the opportunity of a safer alternative to conventional voting systems. Verdict’s tech website reports. Polys is a Kaspersky Innovation Hub project aimed at developing a safe online voting framework for enterprise universities and political parties. Kaspersky mentions that the first of its kind to incorporate blockchain technologies and work alongside the Polys online election system This uses a distributed ledger technology digital voting system that creates a verified link between a vote and