While smart contract platforms such as Ethereum and Binance have significantly appreciated year-to-date, newer blockchains such as Solana, Fantom, Polygon and Terra have been amongst the top performers this year returning over 5,000%. …


Banks are currently on the vanguard but with the capital markets warming up to the concept of decentralized finance who knows if that will continue into the near future?

Regulators have been holding back on providing additional clarity around cryptocurrencies which have allowed finance disruptors to gain more than they can lose while the opposite being true for established banks; reputation is everything. Banks are at new heights of anxiety as demonstrated by JP Morgan CEO. The CEO offering…


Joe Biden’s landmark 1.2 trillion-dollar infrastructure deal has polarized American politics, sparking contentious debate surrounding fiscal responsibility, quality of life, and employment. In recent weeks, an update to the bill regarding cryptocurrency taxation has ignited the cryptocurrency community, slowing down the U.S. Senate’s finalization of the bill. The alteration has potential to change the decentralized aspect of the crypto community and DeFi.

Within the Biden Administration’s infrastructure bill, a novel cryptocurrency tax provision has been at the center of controversy. In order to fund the trillions of dollars of spending outlined in the bill, a new amendment seeks to raise 28 billion dollars from cryptocurrency taxation with tighter compliance regulation. The new…


Wealthfront, a top robo-advisor, is providing its clients exposure and access to Grayscale Bitcoin Trust (GBTC) and Grayscale Ethereum Trust (ETHE).

This will allow their 450,000+ clients to capture the additive benefits of unsystematic risk in their traditional portfolio’s. Concentrated systematic risk is real as we see falling revenues and unsustainable increase in global debt, which may be absorbed only by inflation, high taxes or even default. Exposure to these digital…


Warren, a Democrat who chairs the Senate Banking Committee’s subcommittee on Economic Policy warned of the growing risks posed to consumers and financial markets by “highly opaque and volatile” cryptocurrency market at a recent Senate Finance committee.

“While demand for cryptocurrencies and the use of cryptocurrency exchanges have sky-rocketed, the lack of common-sense regulations has left ordinary investors at the mercy of manipulators and fraudsters. These regulatory gaps endanger consumers and investors and undermine the safety of our financial markets. …


Renowned hedge fund Soros Fund is set to invest in Bitcoin and other cryptocurrencies.

According to TheStreet, “Soros Fund Management in recent weeks gave the internal green light to actively trade Bitcoin and perhaps other cryptocurrencies, according to two people with knowledge of the matter.”

Founded by billionaire investor George Soros, the Soros Fund is one of the largest funds in the world, holding…


Renowned Silicon Valley venture capital firm Andreessen Horowitz has recently announced a $2.2 billion crypto venture fund.

They believe the next wave of computing innovation will be driven by crypto. Known as Crypto Fund III, the fund seeks to provide funding to crypto founders and crypto networks, ranging anywhere from early seed stage projects to fully developed networks.

As you probably guessed from the fund’s name, this…


In response to increased demand from clients, Goldman Sachs will now be trading Bitcoin futures with Galaxy Digital as the liquidity provider.

With the looming threat of inflation along with record low interest rates, individuals and firms alike are increasingly looking to unorthodox assets like cryptocurrencies. Unlike many assets, the institutional trading infrastructure for cryptocurrencies is relatively underdeveloped with only a few major banks dipping their toes into the crypto space. Goldman’s…


On June 10th 2021, the Texas Department of Banking released a notice announcing that “Texas state-chartered banks may provide customers with virtual currency custody services”.

Although the statement mentions virtual currencies, a vague term that encompasses nearly all digital currencies, the notice goes on to clarify that decentralized blockchain based cryptocurrencies like Bitcoin and Ethereum are included: “Virtual currency is an electronic representation of value…they are intangible and exist only on the blockchain or distributed…


Following JPMorgan’s successful use of the blockchain technology with their JPM Coin for the intra-day repo market, the global bank is now eyeing DeFi (Decentralized Finance).

The JPM Coin is currently used by the bank’s corporate clients in holding U.S. dollar deposits on a permissioned blockchain (Quorum). This allows money to move 24/7 within the private 400 bank Liink payment network. …

James Chung

Founder and Contributor @DigitalBankr. I write exclusive research, analysis and market news on all things blockchain, including crypto-assets.

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