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Thursday, August 6, 2020

CryptoCurrency News: Market Wrap: Bitcoin Breaks $11,800; Ether Options Market Explodes



Bitcoin's price is clawing its way back after weekend losses while the ether options market suggests a bumpy road ahead.

via CoinDesk

CryptoCurrency News: The History, Present and Future of Central Banks, Feat. George Selgin



The Director of the Cato Institute's Center for Monetary and Financial Alternatives gives an eye-opening, 200-year history of today’s most powerful economic institution.

via CoinDesk

CryptoCurrency News: Polkadot Releases Rococo, Its Test Environment for Interoperable ‘Parachains’



Polkadot has released its first testnet, Rococo, for its parachain network. The testnet will commence with three parachains, Parity Technologies said.

via CoinDesk

CryptoCurrency News: Federal Reserve Is Rushing to Get Its Instant Payments Offering Ready



COVID-19 proved the need for FedNow, even though the U.S. central bank admits the service is still years away.

via CoinDesk

CryptoCurrency News: German Regulator Seizes Crypto ATMs



Germany's financial regulator BaFin is seizing bitcoin ATMs run by "Shitcoins Club" months after ordering its operator to cease trading crypto.

via CoinDesk

CryptoCurrency News: Blockchain Bites: Bulls Reborn, Backrunning Bots, Bitmain Blowout



Ethereum Classic was hit with another 51% attack and Instagram is seeing a proliferation of crypto scams.

via CoinDesk

CryptoCurrency News: Bitcoin News Roundup for Aug. 6, 2020



With bitcoin prices surging and a quick look at crypto lawsuits, CoinDesk's Markets Daily is back for your latest crypto news roundup!

via CoinDesk

CryptoCurrency News: Goldman Sachs Eyes Own Token as Bank Appoints New Head of Digital Assets



The new digital asset head at Goldman Sachs said the bank was currently considering launching its own possibly fiat-backed cryptocurrency.

via CoinDesk

CryptoCurrency News: Bitcoin’s Patronage System Is an Unheralded Strength



Bitcoin development is better funded than ever, cementing a patronage model that protects against insider maneuvering.

via CoinDesk

CryptoCurrency News: German Police Seize $29M in Bitcoin From Alleged Content Pirate



Prosecutors allege the programmer behind movie2k.to helped distribute 880,000 pirated films over a five-year period that ended in 2015.

via CoinDesk

CryptoCurrency News: TikTok and the Great Firewall of America



U.S. politicians say TikTok is a threat to Americans' privacy. But can we trust Silicon Valley giants to behave any better?

via CoinDesk

CryptoCurrency News: Russia’s Sberbank Launches Blockchain on Hyperledger, Mulls Stablecoin in 2021



Russia's largest retail bank is launching a Hyperledger-powered blockchain for trade finance initially, and may add a ruble-linked stablecoin next year

via CoinDesk

CryptoCurrency News: IDEX Raises $2.5M to Rebuild Hybrid Exchange for Algorithmic Traders



The seed investment will be used to re-launch the Ethereum-based exchange so algorithmic traders can better use the platform.

via CoinDesk

CryptoCurrency News: NBA’s Spencer Dinwiddie, Andre Iguodala and More Join Dapper Labs $12M Funding Round



Dapper Labs raised $12 million in its newest funding round led by NBA stars Spencer Dinwiddie, Andre Iguodala, JaVale McGee, Aaron Gordon and Garrett Temple.

via CoinDesk

CryptoCurrency News: Bitcoin Entering ‘New Adoption Cycle,’ Messari Says



User adoption looks to be gathering pace as bitcoin's price rises amid a coronavirus-induced rush for assets with safe-haven appeal.

via CoinDesk

CryptoCurrency News: OKCoin Exchange Awards Grant to One of Bitcoin Core’s Most Active Developers



The grant from OKCoin will allow Bitcoin developer Marco Falke to continue the maintenance work he's done since 2016, like reviewing proposed code changes.

via CoinDesk

CryptoCurrency News: First Mover: Bitcoin Rises More in One Day Than Stocks Have Gained All Year



Bitcoin prices surged 5% Wednesday, outpacing stocks and gold amid calls for more government stimulus to stem the fallout from the coronavirus pandemic.

via CoinDesk

CryptoCurrency News: Judge Worries Plaintiffs’ Lawyers Trying to Line Their Pockets in Block.one ICO Lawsuit



The district judge criticized a class-action lawsuit brought against Block.one for appearing to be an attempt to earn high legal fees.

via CoinDesk

CryptoCurrency News: Investors Suing Over Status ICO Can’t Find Execs to Serve Papers



Investors suing crypto firm Status are seeking “alternative means” to serve top executives after they were unable to deliver court papers via traditional means.

via CoinDesk

CryptoCurrency News: ‘Crypto Instagram’ Is Becoming a Thing, Scams and All



Scams are running rampant on Instagram in 2020 – even as legitimate crypto entrepreneurs are increasingly using the platform for business.

via CoinDesk

CryptoCurrency News: Bitmain Delays Bitcoin Miner Shipments by Three Months as Co-Founders Battle On



The escalating internal power struggle at Bitmain is starting to have a more serious impact on its business and customers.

via CoinDesk

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