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Grayscale Now Has $13B in Crypto Assets Under Management

Grayscale Now Has $13B in Crypto Assets Under Management

Grayscale’s bitcoin and ether trusts now make up almost the entire $13 billion in AUM value.

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Italian bank Banca Generali leads $14 million Series B for bitcoin wallet provider Conio

Bitcoin wallet provider Conio has raised $14 million in Series B funding.

The post Italian bank Banca Generali leads $14 million Series B for bitcoin wallet provider Conio appeared first on The Block.

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OCC Economist Cites Benefits of Issuing Bank Charters to Stablecoin Providers

The OCC’s head economist said in a paper that chartering stablecoin providers would offer benefits to consumers, as well as to the firms themselves.

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How Israeli VCs Are Doubling Down on DeFi Startups

The three co-founders of Collider Ventures agree Israel’s vibrant crypto industry waned, yet didn’t fizzle, throughout 2020.

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Banca Generali Leads $14M Round in Italian Crypto Custody Firm Conio

Banca Generali, a subsidiary of Italy’s largest insurer, will also help its customers hold bitcoin following the $14 million Series B.

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Eth2 staking protocol Lido raises $2 million in new funding

Lido Finance, an Ethereum 2.0 staking service provider, has raised $2 million in fresh funding.

The post Eth2 staking protocol Lido raises $2 million in new funding appeared first on The Block.

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Pornhub adds Monero amid credit card ban, accepts crypto-only in selected locations

Pornhub has added Monero amid Mastercards and Visa credit card ban. But the acceptance of crypto only applies to just selected user bases.

The post Pornhub adds Monero amid credit card ban, accepts crypto-only in selected locations appeared first on The Block.

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Senator-elect Cynthia Lummis wants to boost Bitcoin’s profile when she enters Congress next year

The libertarian-leaning Republican Senator-elect sees Bitcoin working alongside the U.S. dollar.

The post Senator-elect Cynthia Lummis wants to boost Bitcoin’s profile when she enters Congress next year appeared first on The Block.

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Google Down: The Perils of Centralization

It was a jarring reminder of the hidden costs of the easy-to-use, centralized systems that permeate the web, and just how taxing or debilitating they can be.

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Market Wrap: Bitcoin Pushes Past $19.2K; Ether at 3% of BTC Price

Bitcoin is making gains after a strong volume weekend while ether’s percentage of BTC price shows it may have room to climb.

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