#Basis News

Crypto Mom: Cryptocurrency Projects May Have Benefited from Lack of Regulation

February 12, 2019 by Eddie Mitchell at Adoption, Altcoins, Blockchain, Commentary, Regulation

Hester M. Peirce, aka the beloved “Crypto Mom,” spoke openly on the state of the cryptocurrency industry, speculating that it may owe some thanks to the turtle pace of the U.S. government on the road to regulation. Her words came as part of an address to the University of Missouri...

VC 500 Startups Invests in Stablecoin Startup Stably

Stablecoin Startup Basis Shuts Down Eight Months after Raising $133 Million

December 15, 2018 by Aisshwarya Tiwari at Altcoins, Blockchain, Business, Finance, News, Platform, Regulation, Tech

According to an article published by Bloomberg, on December 13, 2018, Basis, a stablecoin startup funded by the likes of Bain Capital Ventures, and Andreessen Horowitz has decided to call it a day due to the persistent ambiguity regarding classification of digital currencies as securities. Crypto Industry in Dire Straits...

A coin looking pretty stable on some rocks

Crypto-Hedge Funds Are Looking for Triple-Digit Returns With Stablecoins

November 15, 2018 by Cindy Huynh at Altcoins, Blockchain, Business, Finance, Investment, News, Platform

According to Bloomberg’s on November 13, 2018, stablecoins have become the next hot sector to emerge from the cryptocurrency industry, mirroring triple-digit returns from 2017’s initial coin offering (ICO) frenzy. Although the cryptocurrency industry has experienced a 70 percent decline in value from its all-time highs in December, many hedge funds...