#metcalfe’slaw

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Morgan Creek Joins $65 Million Series B for Blockchain Home Equity Loan Firm

Morgan Creek Joins $65 Million Series B for Blockchain Home Equity Loan Firm

Blockchain-based home equity loan startup Figure Technologies has raised $65 million in a Series B round backed by Morgan Creek.

Announcing the news on Wednesday, Figure said the round was led by venture capital firms RPM Ventures and partners at DST Global, with Ribbit Capital, DCM Ventures, Digital Currency Group, Nimble Ventures and others also participating.

The Series B…

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Bitcoin (BTC) shaking off Bears, New Californian “BitLicense” May Slow down Bulls

Bitcoin (BTC) shaking off Bears, New Californian “BitLicense” May Slow down Bulls

Bitcoin prices in range mode

Controversial AB 1489 bill introduces stringent rules for VCs

Transactional volumes low but the trend has been positive

The question is whether AB 1489, a new Californian bill, will pass as the state follows the New York route. If so, it is likely that prices will dump in response. However, in the meantime, Bitcoin (BTC) could expand above $4,500 as bulls aim for…

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Op Ed: Defining Decentralization: How Ambiguity Continues to Divide Crypto

Op Ed: Defining Decentralization: How Ambiguity Continues to Divide Crypto

There are many keywords in blockchain, but few spark as much emotion as “decentralization.” For many of us, it was the dream of decentralization that inspired us to embark into the industry in the first place — the driving force encouraging us to explore the many industries and practice areas that could be positively impacted by this technology.

To say that decentralization is an important…

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Crypto Growth Needs Entrepreneurs and Projects, Not ETFs

Crypto Growth Needs Entrepreneurs and Projects, Not ETFs

The CEO of leading cryptocurrency exchange Binance, Changpeng Zhao, said that he doesn’t think Exchange Traded Funds (ETFs) “are core to our industry’s growth,” during a live stream via Periscope, Feb. 6.

Zhao — also known in the community as CZ — declared that the cryptocurrency industry will grow with or without the launch of a Bitcoin (BTC) ETF, suggesting:

“I think for our industry to grow…