Cryptocurrency Analysis and News Portal
The Waves Association announced on Wednesday a new grant program for cross-chain interoperability development.The pool consists of one million WAVES tokens, worth approximately $3 million as of press time. Projects will be eligible for grants up to 300,000 WAVES to develop solutions for interoperability and cross-chain communication.There will be three
Read More
Venture capitalist Tim Draper’s investment office Draper Goren Holm is sinking larger investments in virtual currency-only startups.Draper Goren Holm, a cryptocurrency investment firm in Los Angeles, told CryptoX that it raised $25 million for its first venture capital fund to buffer its startup accelerator and back blockchain companies at higher
Read More
Hedge fund Numerai is offering $50 million of its numeraire (NMR) token to quants, researchers and even fellow funds that provide original stock market “signals” into its data clearinghouse, Numerai Signals.UPDATE (10/12/20 19:32 UTC): This article has been updated to reflect who can utilize Numerai and how the payout mechanism
Read More
Cayman Islands-based The Panxora Group is kicking off a new quantitative hedge fund on Monday, November 2, 2020 — designed to generate profits from the rapidly
Read More
Ripple, the payments startup with an IPO in the cards and a complex relationship with the XRP cryptocurrency, is branching out into lending. Source
Read More
Pantera Capital, a cryptocurrency investment firm known for its blockbuster bitcoin returns, has been on the upside when investing in startups, though the returns have been falling below or closer to other types of equity investors.The venture funds Pantera Capital raised in August 2013 and August 2014 have returned 46.5%
Read More
Bitcoin strategists are waiting for a bias-defining price move as the cryptocurrency’s historical volatility falls to its lowest
Read MoreProof-of-stake blockchain NEM (XEM) is preparing for a token migration in December alongside the public launch of the Symbol (XYM) blockchain.Speaking to Cryptox, NEM Group CIO and NEM Ventures managing director, Dave Hodgson, revealed that Symbol will host at least two products at launch.Symbol will host the Wave Financial Whiskey
Read More
Federated Hermes chief equity market strategist Phil Orlando considers the election and rising COVID-19 cases as threats to the S&P 500.Economists have lowered their forecast for the fourth quarter, projecting a 4.3% annual economic contraction.Growing uncertainty and nervousness in the markets amidst a declining economy pose major threats to U.S.
Read More
“I would call this the ‘moving fast as hell’ era,” Robert Leshner said of decentralized finance (DeFi) right now.CryptoX spoke to Leshner, founder of the Ethereum-based money market Compound Labs, and Tarun Chitra, of crypto financial modeler Gauntlet Network, about the new fund they are running together.It’s the second fund
Read More