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For some investors, Coinbase’s stock is a stand-in for the long-awaited bitcoin ETF

For some investors, Coinbase’s stock is a stand-in for the long-awaited bitcoin ETF

Quick Take

  • A bitcoin ETF has yet to be approved in the U.S.
  • But for some investors, Coinbase stock can serve as a stand-in by providing structured, indirect exposure to bitcoin.

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Bill aimed at linking up SEC, CFTC for crypto-focused task force passes US House, heads for the Senate

The bill aims to put together a cross-commission working group to hash out digital asset policy.

The post Bill aimed at linking up SEC, CFTC for crypto-focused task force passes US House, heads for the Senate appeared first on The Block.

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The US General Services Administration to auction off more than $500,000 in bitcoin this Friday

The whole lot is worth over $530,000 — making it the largest crypto auction the GSA has held thus far. 

The post The US General Services Administration to auction off more than $500,000 in bitcoin this Friday appeared first on The Block.

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Coinbase commits to devoting 10 percent of its resources to ‘innovation bets’

Coinbase employees will apply for their ideas in a two page submission or at two pitch day events each year.

The post Coinbase commits to devoting 10 percent of its resources to ‘innovation bets’ appeared first on The Block.

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Blockchain firm Digital Asset raises $120 million in Series D funding

Enterprise blockchain firm Digital Asset Holdings has raised $120 million in a Series D funding round.

The post Blockchain firm Digital Asset raises $120 million in Series D funding appeared first on The Block.

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£3.8 billion investment trust acquires stake in crypto exchange Kraken

RIT Capital Partners, a British investment trust managed by J. Rothschild Capital Management Limited, has acquired a stake in the cryptocurrency exchange Kraken.

The post £3.8 billion investment trust acquires stake in crypto exchange Kraken appeared first on The Block.

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BitGo’s $700 million crypto custody insurance program: what it means and why it matters

Digital asset custodian BitGo announced Wednesday that it has secured a total of $700 million in insurance coverage for the assets in custody in cold storage.

The post BitGo’s $700 million crypto custody insurance program: what it means and why it matters appeared first on The Block.

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ELI5 Recent Crypto Concepts and Arguments: Flashbots, Rollup Wars, etc.

Quick Take

  • This research piece contains simple to understand overviews of technical concepts, as well as explanations to recent hot button discussion topics in crypto.
  • Topics include flashbots, arguments for different types of rollups, reasons for multi-chain deployments, flaws with algorithmic stablecoins, AMM design philosophies, etc.

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Huobi affiliate launches bitcoin and ether funds for institutional investors

Huobi Asset Management, a subsidiary of publicly traded Huobi Technology, has launched passive bitcoin and ether funds for institutional investors.

The post Huobi affiliate launches bitcoin and ether funds for institutional investors appeared first on The Block.

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Deutsche Telekom invests in the mobile-focused public blockchain Celo

German telecommunications company Deutsche Telekom has invested in the public blockchain network Celo, the firm announced Tuesday. 

The post Deutsche Telekom invests in the mobile-focused public blockchain Celo appeared first on The Block.

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