Brady Dale

Brady Dale holds small positions in BTC, WBTC, POOL and ETH.

Brady Dale

Latest from Brady Dale


Finance

Bitcoin Revenue in Square's Cash App Tops Fiat Revenue for First Time in Q1

Bitcoin profit through Square’s Cash App was $7 million in the first quarter of 2020. It earned $8 million in bitcoin profit through the whole of 2019.

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Finance

Dragonfly Capital Managing Partner Alexander Pack Steps Down

Alexander Pack, managing partner of Dragonfly Capital, has stepped down from the crypto investment firm, according to a letter obtained by CoinDesk.

YAY AREA: Most of the Dragonfly Capital team operates from San Francisco. (Credit: Shutterstock)

Tech

CryptoWars Leaves Loom Sidechain in Pivot to 'Play-to-Earn,' Aka Betting

CryptoWars founder Matias Nisenson is changing things up: "No decent game can run nowadays fully on-chain, even though that was our gaming utopia."

After signs of success on its first iteration, the team behind CryptoWars is changing things up. (Credit: Experimental)

Tech

Blockstack Opens Testnet for New Bitcoin-Linked Consensus Mechanism

Announced today, the Blockstack testnet is open. Developers can now simulate the Stacks blockchain's new, hybrid consensus mechanism, which Blockstack calls Proof-of-Transfer (PoX).

Credit: Blockstack

Markets

How a Crypto Guru Shaped Harvard’s Roadmap for Reopening the US Economy

Glen Weyl, an intellectual firebrand of the Ethereum community, played a key role in crafting a pandemic-fighting blueprint just published by Harvard.

EXCEPTION: Glen Weyl favors “emergent cooperation,” but says the COVID-19 pandemic calls for concentrating power over “a very narrow part of the economy.” (Credit: Christine Kim for CoinDesk)

Markets

Bittrex Exec Joins Mortgage Giant Fannie Mae After Crypto Exchange's Brush With NYDFS

Reversing the pattern of government veterans jumping to crypto startups, Bittrex US’ former chief compliance and ethics officer has moved to mortgage finance giant Fannie Mae.

John Roth (Credit: Bittrex)

Finance

Libra Scales Back Global Currency Ambitions in Concession to Regulators

The Facebook-spawned Libra Association has scaled back its original vision of a global digital currency backed by a basket of fiat currencies.

CAPITULATION? U.S. lawmakers grilled Libra board member David Marcus last year. The consortium has overhauled its plans. (Credit: House Financial Services Committee)

Tech

Solana Blockchain Adds Korean Stablecoin Terra for Better Payments

Solana is adding the Terra stablecoin in an effort to bring "novel applications that require price-stable payments" to its high-throughput blockchain.

Solana team

Finance

VC Firm Andreessen Horowitz Targets $450M for Second Crypto Fund: Report

Sources told the Financial Times that Andreessen Horowitz (a16z) is raising another crypto fund, reportedly targeted at $450 million.

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Tech

Bitcoin Vaults: Developer Bryan Bishop Releases Prototype for Secure On-Chain Storage

The basic idea involves storing bitcoin on-chain in a particularly secure manner that allows for recovery from security mistakes.

Vault