News | Publish0x
News
News

News

Official Publish0x Crypto News Channel


Goldman Sachs May Launch Its Own Stablecoin

7 Aug 2020 1 minute read comments Abhi K

Goldman Sachs’ global head of digital assets, Matthew McDermott, said in a CNBC interview on August 6 that the investment bank may launch its own stablecoin. McDermott says that the firm is exploring a stablecoin, but it’s still “early days” First a...

Uniswap Completes Series A Funding, Raises $11 Million

7 Aug 2020 1 minute read comments Abhi K

Decentralized on-chain protocol Uniswap announced the completion of its Series A funding round on August 6, raising $11 million. Uniswap had already raised $1 million in seed funding from Paradigm and others. Funding led by Andreessen Horowitz; addi...

Aave Carries Out First Credit Delegation Transaction

7 Aug 2020 1 minute read comments Abhi K

On August 6, decentralized lending and borrowing platform Aave (LEND) processed its first credit delegation transaction. The credit delegation feature provides trusted uncollateralized to users. A line of credit of $500,000 was offered to DEX Devers...

Russia's Biggest Consumer Bank to Launch Blockchain Built Using Hyperledger Fabric

7 Aug 2020 1 minute read comments Abhi K

Russia’s largest consumer bank, Sberbank, will launch a blockchain built using Hyperledger Fabric, with the possibility of a stablecoin launch also being discussed, according to Russian media outlet Vedomosti. Nodes will be hosted on Sberbank’s clou...

IDEX Raises $2.5 Million for IDEX 2.0

7 Aug 2020 1 minute read comments Abhi K

Semi-decentralized exchange IDEX has raised $2.5 million in a seed funding round, as revealed by co-founder and CEO Alex Wearn. The funds will be utilized for a relaunch of IDEX as IDEX 2.0, a performance and security-focused upgrade. Funding led by...

JP Morgan Report on Pandemic Investment Habits Shows Crypto is Popular Among Old and Young

6 Aug 2020 1 minute read comments Abhi K

JPMorgan Chase published a report on August 5 that describes investment habits of retail investors during the pandemic. Younger generations have a strong preference for Bitcoin (BTC) and tech stocks, while it was noted that older investors were warmi...

Set Protocol Unveils New Features of V2 Upgrade

6 Aug 2020 1 minute read comments Abhi K

On August 5, DeFi asset management protocol Set Protocol (SET) unveiled the details of its V2 upgrade, which includes yield farming, multi-asset support and user experience features. More assets will be supported, including DeFi tokens, additional s...

Mati Greenspan: Bitcoin and S&P 500 Now Uncorrelated

6 Aug 2020 1 minute read comments Abhi K

Founder of Quantum Economics and market analyst Mati Greenspan, in a newsletter published on August 5, said digital assets once again operate independently from traditional markets.  Greenspan pointed out that Bitcoin’s correlation with traditional...

Blockstream CEO Adam Back Labels Ethereum and Ripple as Scams

6 Aug 2020 1 minute read comments Abhi K

Blockstream CEO Adam Back, in a Twitter discussion with journalist Layah Heilpern, put Ethereum (ETH), Ripple (XRP), Stellar Lumens (XLM), Cardano (ADA) and other projects in the same group as Bitconnect and the scams perpetrated by Charles Ponzi and...

Business Intelligence Company MicroStrategy to Invest $250M in Bitcoin and Alternative Assets

6 Aug 2020 1 minute read comments Abhi K

Business intelligence, mobile software and cloud services firm MicroStrategy will invest up to $250 million of excess cash in Bitcoin, gold and alternative assets, as revealed in a July 28 earnings call involving CEO Michael Saylor.  Primary motivat...