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Grayscale Assures Investors: Ethereum Classic Trust Funds Not at ‘Direct Risk’

Grayscale Assures Investors: Ethereum Classic Trust Funds Not at ‘Direct Risk’ In the wake of a 51 percent attack on ethereum classic (ETC), the manager of an investment vehicle that holds the cryptocurrency has been fielding inquiries from investors looking to understand if the underlying assets in the fund are …

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The Case for a 2020 Bitcoin Bull Run

The Case for a 2020 Bitcoin Bull Run Christopher Brookins is the founder of Pugilist Ventures, a quantitative crypto fund founded out of Carnegie Mellon. ———————————————————————————————— Since the end of 2018, price action has been demonstrably negative, which surprised many expecting the end of Q4 historical “pump” in prices. The …

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Peter Thiel Backs $2.1 Million Round for Crypto Investment Startup Layer1

Peter Thiel Backs $2.1 Million Round for Crypto Investment Startup Layer1 PayPal co-founder and noted venture capitalist Peter Thiel has backed a $2.1 million seed round for crypto investment startup Layer1, the firm announced Wednesday. Other investors in the round include Digital Currency Group, institutional investor Jeffrey Tarrant and more. …

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South Korea’s Kakao Leads $15 Million Raise for Public Blockchain Startup Orbs

South Korea’s Kakao Leads $15 Million Raise for Public Blockchain Startup Orbs Hybrid blockchain platform Orbs has raised over $15 million in cryptocurrency with help from South Korean app provider Kakao. A Kakao representative told CoinDesk that its investment arm had joined the funding effort because it “always seeks to …

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Blockstack Won’t Need to Sell Bitcoin or Ether to Survive Crypto Winter

Blockstack Won’t Need to Sell Bitcoin or Ether to Survive Crypto Winter While some blockchain projects quickly burned through the capital they raised during the heady days of 2017, others prepared for this market downturn by limiting access to their own funds. Such was the case at the New York-based …

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Fund Seeks $200 Million to Help Startups Survive a Crypto Winter

Fund Seeks $200 Million to Help Startups Survive a Crypto Winter A bear market might not seem like the ideal time to be launching a crypto investment vehicle. But that’s not how blockchain pioneer David Johnston sees it – quite the opposite. Revealed exclusively to CoinDesk, Johnston has launched the …

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