Archive | Basis

VC Firm Raises $1.8 Billion for Startup Investments Including Cryptocurrency

Lightspeed Venture Partners, a venture capital (VC) firm and early investor in Snap Inc., has raised $1.8 billion for startup investments including cryptocurrency projects. As it eyes a business expansion to Southeast Asia, where the digital currency ecosystem thrives like no other region, the VC player is likely to fund a number of promising cryptocurrency products… […]

Blockchain Academic Research Bolstered by Stanford’s New Blockchain Research Center

Stanford University has launched an initiative that will be dedicated to the research and development of blockchain technology. The Center for Blockchain Research was announced on June 20 and will seek to address the legal, practical and societal challenges that keep blockchain from mainstream adoption. It will also develop a curriculum which will facilitate the […]

Stablecoins: A Deep Dive, Featuring Basis, Carbon, and Fragments

As cryptocurrency works its way toward mass adoption, one of its biggest obstacles is volatility. Markets change overnight, and we’re so desensitized to it that we don’t even blink at dips that would bring national economies to their knees. Stablecoins – cryptocurrencies that are tied to existing currencies or commodities like the US dollar or gold – are fungible, easily […]

Must a Crypto Coin’s Value Be Time-Dependent?

When it comes to Bitcoin, the main barrier to mainstream use is the volatile price. Microsoft started accepting Bitcoin, then stopped, and then welcomed it back. Bitcoin, which was intended to solve the currency inflation problem, has rather turned into a means of storing value. It’s too precious and too unpredictable for real-world usage. The crypto community […]

Proposed Stable Coin Built on Ethereum Receives $133 Million in Private Investments

A new cryptocurrency start-up has received $133 million in private investments. Intangible Labs will use the money to develop “basis”, a stable coin that will be built on the Ethereum blockchain. Basis: A Coin With a Variable Supply Intangible Labs is the brainchild of three Princeton University graduates. The company has already received investment from… […]