With investment opportunities in traditional markets drying up, bitcoin futures are drawing record interest. CoinDesk’s Markets Daily is back for your bitcoin news roundup! Author: Lyllah Ledesma
Archives for August 2020
DeFi-Focused Derivatives Platform Hedget Raises $500K in Seed Funding
The round was led by FBG Capital and NGC Ventures, both Asia-based venture firms. Author: Sebastian Sinclair
Fidelity Digital Assets: The Omnibus Model for Custody
Fidelity Digital Assets describes the origins of the omnibus custody model in traditional finance and explores how and why digital asset custodians apply the omnibus model to securing customer assets. Author: Noelle Acheson
NetWalker Ransomware Gang Is Storing $7M in Bitcoin in SegWit Cold Storage
The organization that’s encrypting computers and extorting companies has taken to SegWit addresses, according to McAfee and CipherTrace Author: Danny Nelson
Electric Capital’s New $110M VC Fund Is 90% Institutions
Crypto VC firm Electric Capital has closed its second fund at $110 million. Of the money raised, 90% of it is institutional capital. Author: Zack Seward