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Thursday, August 20, 2020

CryptoCurrency News: INX Crypto Exchange to Launch $117M IPO Next Week



INX Ltd. said it will launch its long-awaited landmark IPO as soon as Monday, capping a nearly two-year journey for the startup cryptocurrency and security token exchange.

via CoinDesk

CryptoCurrency News: VC-Backed Crypto Exchange Mexo Launches in Latin America



Mexo, a cryptocurrency exchange designed for the Latin American user, launched on Thursday.

via CoinDesk

CryptoCurrency News: The Most Pro-Bitcoin Politicians in the US



Whether fighting for reduced taxes for staking or regulatory sandboxes for tokens, these politicians break the mold when it comes to digital assets.

via CoinDesk

CryptoCurrency News: Market Wrap: Bitcoin Breaks $11.8K; BTC in DeFi Doubles in August



Bitcoin price is on the upswing as the amount of the world’s oldest cryptocurrency locked in DeFi jumps.

via CoinDesk

CryptoCurrency News: Tron Loses 23% of Its $4.3B USDT Reserves to DeFi Hotbed Ethereum



A "3rd party" crypto exchange ordered the swap. Signs point to Binance.

via CoinDesk

CryptoCurrency News: ETC Labs Rolls Out Fixes to Thwart Further 51% Attacks on Ethereum Classic



Shaken by weeks of network-overwhelming hacks, ETC Labs has outlined its security response.

via CoinDesk

CryptoCurrency News: Ready to Wumbo: LND Enables More, Larger Bitcoin Transactions on Lightning



LND now supports Lightning Network wumbo channels. These channels have the capacity to hold more funds, and users can send larger bitcoin transactions.

via CoinDesk

CryptoCurrency News: US Congressman Tom Emmer Will Accept Crypto Donations for Reelection Campaign



Minnesota Representative Tom Emmer will accept crypto donations for his campaign, facilitated through BitPay.

via CoinDesk

CryptoCurrency News: Blockchain Bites: Ethereum’s Fees, Bitcoin’s Pullback, Ren’s Great Week



yEarn.finance's governance token has "flippened" BTC, for the first time ever, while stablecoins may become unbalanced if traders ditch a “market-neutral strategy.”

via CoinDesk

CryptoCurrency News: Thailand Is Prepping to Move Judicial System Records to a Blockchain



The Office of the Court of Justice is developing its blockchain as part of Thailand's court digitization campaign.

via CoinDesk

CryptoCurrency News: Bitcoin News Roundup for Aug. 20, 2020



With bitcoin taking a back seat to the DeFi boom and data platforms aiming for the moon, CoinDesk's Markets Daily is back for your latest crypto news roundup!

via CoinDesk

CryptoCurrency News: First Mover: Collapsing Bitcoin Futures Premium Offers Glimpse of New Digital Money Market



Dollar-linked "stablecoins" are being used in exotic cryptocurrency trades, similar to the way money markets serve as liquidity on Wall Street.

via CoinDesk

CryptoCurrency News: Ethereum-Based MadNetwork Aims to Clean Up Advertising’s ‘Programmatic Cesspool’



MadNetwork, an adtech transparency project with a Layer 2 solution built on Ethereum, emerges from stealth today with a testnet coming next month.

via CoinDesk

CryptoCurrency News: Binance Launches DeFi Staking With Cryptos Kava and Dai



Users of crypto exchange Binance can now earn interest on Dai and Kava as the exchange's decentralized finance (DeFi) staking platform goes live.

via CoinDesk

CryptoCurrency News: It’s Now Cheaper to Buy One Bitcoin Than to Buy a Single DeFi Token YFI



Bitcoin has been superseded as the most valuable cryptocurrency – for the first time ever – by the YFI governance token from DeFi protocol yEarn.

via CoinDesk

CryptoCurrency News: BlockFi Raises $50M From Universities, NBA Star, Others as Crypto Lending Soars



BlockFi, a major player in the crypto-lending sector, has now raised nearly $100 million in the past 12 months.

via CoinDesk

CryptoCurrency News: Bitcoin Risks Deeper Drop if Dollar Rebounds



The bitcoin price could pull back even further should the dollar stage a full-blown recovery on the back of the latest Fed meeting.

via CoinDesk

CryptoCurrency News: Algorand’s Move into DeFi Gives ALGO Price a Boost



Markets have responded well to Algorand's plans to get in on the DeFi action – the native ALGO token has experienced a jump in price.

via CoinDesk

CryptoCurrency News: OMG Price Doubles as DeFi and Record Ethereum Fees Create ‘Perfect Storm’



OMG has more than doubled in the past seven days as record Ethereum fees lead investors to look more closely at layer-2 solutions.

via CoinDesk

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