🗞️🗞️🗞️ CoinGecko read of the day (13/2/2019)
Hello Everyone!
We're back again with another round of news we find interesting for your quick read today!
1. US Public Pensions invests $40M in Cryptocurrency Fund
VC firm Morgan Creek Digital received investments from 2 US public pension funds. Together they hold $5.1 billion in assets.
This marks the first time a public pension fund ventured into crypto investment space.
There is no public disclosure of the investment terms, but it was indicated that the fund is a special purpose vehicle (SPV).
Source: Bitcoinist
2. Blockchain analysis firm Chainalysis Raises $30 Million in Series B funding
The firm plans to expand their presence in London, opening a new office and R&D lab.
“The investment and the timing of it shows that, despite fluctuating prices, there is quite a strong conviction among some very big VCs that this is not a short term play.” - CEO Michael Gronager said.
The firm sees to expand into the Stablecoin space, having recently launched a real time AML software.
Source: CoinDesk
3. Japanese IT Giant GMO Confirms Launch of Yen-Backed Stablecoin GYEN in 2019
The news was revealed during an earnings presentation to investors, after releasing financial results for the fiscal year ending Dec. 31, 2018.
“Regarding the plan to launch GYEN as announced last year, we plan to issue it in overseas this year.” - an executive said.
Source: CoinTelegraph
4. Ethereum Is Getting Ready for the Constantinople Hard Fork Redo
Ethereum Constantinople Hard fork is well underway for block 7,280,000. When it is expected to activate.
However, due to the bug found in BIP 1283, Devs have now concluded to create another hard fork which would essentially erase BIP 1283.
This Fork - dubbed Petersburg, will activate on the same block as Constantinople.
Source: EthereumWorldNews
Tell us what you think of this daily curated list!
Follow us on Steem!
Did you see the speech made by Hester Pierce of the SEC?
https://www.sec.gov/news/speech/peirce-regulation-view-inside-machine
That’s for the link. I just did and I can see why you referred to read it. It’s quite interesting how optimistic she sounds. And from there, I checked out Mr. Thom Lambert’s book on regulation. Added it to my wishlist. Thanks @ddrfr33k
Posted using Partiko iOS
Happy to help! This speech kinda got missed. It was quietly uploaded to the SEC website, and only a few places have picked up on it
Interesting.
Posted using Partiko iOS
Thank you for the link!
Ethereum just never seems to fully reconcile the problem at hand. Somehow they always manage to create some new hindrance altogether.
P.S. we love Ether, but hate what it couldn’t be.
Posted using Partiko iOS
To give them credit, Any software of that size is bound to encounter issues whenever new upgrades are proposed.
It's not exactly utopian but they are treading on new tech territories, which is always a nett positive to the tech world if not the cryptospace itself.
@coingecko I found out about you through @thearcanebear Youtube channel. I respect your strategic move aligning with Steem going into the future. I'm going to vote Coin Gecko for witness because I like how you are an impact sponsor for many in need through Tijo.
More capital continues to find its way into the blockchain ecosystem which helps build the foundation for development and adoption!
Posted using Partiko iOS
the wait is over!
Some positives in your updates. The market sentiment seems to be slowly coming around to crypto. If we get some big players into the space next and people see the developments going on. It could be a turning point in the technology.
Posted using Partiko Android
The way we see it, investors are a byproduct of the growth of the technology. While the influx of capital does speed up development, the money only comes because institutional analysts are confident enough in the technology.
2019 is the year we see more #BUIDLing than ever!
I love this on my Steem Feed. Keep it up. I'm resteeming anything of quality like this.
We're glad you like this! We will be publishing posts like this every weekday. Hope you continue to read and comment on them!
A public pension funds investing in cryptos is great news indeed!
A pension fund is one of the most conservative investment fund available to the public, it simply cannot risk losing money even if that means lower than average returns. to see such fund investing in the cryptospace shows that even conservative managers dare enough to dip into the cryptocurrency industry.
Thank you very much for giving such information.
Really nice update....
Posted using Partiko Android
Hi coingecko Thanks for sharing update feed .
Posted using Partiko Android
Good information
Posted using Partiko Android