Someone paid $2.6 million in fees to move $134 worth of crypto and oops

[ad_1] There are typos, and then there are typos.  Someone appears to have made a mistake this morning when transferring the cryptocurrency ether (ETH), the younger sibling to bitcoin, from one digital wallet to another. After all, when moving around $134 dollars worth of digital currency, it hardly seems like anyone would intentionally pay a…

How to build companies by building communities     – TechCrunch

[ad_1] Zoran Basich is the crypto editor for Andreessen Horowitz. More posts by this contributor Crypto Startup School: Capturing value in crypto through network effects and mechanism design Crypto Startup School: How to scale companies using crypto Editor’s note: Andreessen Horowitz’s Crypto Startup School brought together 45 participants from around the U.S. and overseas in…

Crypto hedge funds struggle to recover from “bloodbath”

[ad_1] Yuriko Nakao | Getty Images Vlad Matveev has learned the hard way how volatile cryptocurrency hedge funds can be. The 50-year-old Muscovite invested $250,000 last year with California-based Cryptolab Capital, which targeted double-digit gains from trading crypto regardless of whether the market rose or fell. But Matveev said his investment fell 98.5 percent in…

Alternative assets are becoming mainstream – TechCrunch

[ad_1] Anthony Zhang Contributor Anthony is co-founder and CEO of Vinovest, a platform for investing in fine wine. He has previously founded and sold two companies (EnvoyNow & Know Your VC), and is also a Thiel Fellow. The way we invest is changing. Technology makes investing easy and more accessible than ever. Meanwhile, Millennials…