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Friday, September 25, 2020

CryptoCurrency News: The Bahamas Reveal Details, October Date of Landmark Central Bank Digital Currency Debut



The Bahamas has unveiled key details powering its historic launch of a central bank digital currency, now slated to debut on October 20.

via CoinDesk

CryptoCurrency News: New Blockchain Program Aims to Counter Fake Viewer Data, Scam Ads



he platform targeted at combating scams advertised in video ads deploys a combination of Theta’s blockchain, Google’s BigQuery solution and Chainlink’s oracles.

via CoinDesk

CryptoCurrency News: Bitcoin News Roundup for Sept. 25, 2020



With bitcoin's best day in two months and a surprisingly positive report out of Chinese state media, CoinDesk’s Markets Daily is back for your latest crypto news roundup!

via CoinDesk

CryptoCurrency News: ICO SoluTech to Cease and Desist Under Terms of SEC Settlement; Co-Founder Fined



SoluTech, which violated securities laws and misrepresented its revenue during the token sale, now must destroy all its tokens.

via CoinDesk

CryptoCurrency News: On-Chain Data Suggests Ether Investors Bought September Dip



Ether's recent price drop has failed to deter investors from accumulating the cryptocurrency, on-chain data indicates.

via CoinDesk

CryptoCurrency News: Money Reimagined: Memes Mean Money



Sushi. Yams. Hot dogs. DeFi memes may be a joke, but they point to how money is always created: community storytelling. Plus: a new podcast.

via CoinDesk

CryptoCurrency News: Jack Dorsey Details Twitter’s Blockchain Strategy at Oslo Freedom Forum



Jack Dorsey said the nonprofit Blue Sky will use blockchain to create an open Twitter protocol and give people more control over their data.

via CoinDesk

CryptoCurrency News: Pantera Capital Crypto Funds Report 100% Returns Amid DeFi Craze



Investments in decentralized finance (DeFi) drove returns exceeding 100% this year to Pantera Capital’s bitcoin index and altcoin hedge funds.

via CoinDesk

CryptoCurrency News: Hong Kong Reportedly Picks ConsenSys for Digital Currency Pilot Project



The Ethereum venture studio said it will work on implementing Hong Kong and Thailand's cross-border CBDC.

via CoinDesk

CryptoCurrency News: Bitcoin’s Bearish September Has Kneecapped Crypto ETP Activity: Report



Bitcoin's price woes this month likely put investors off from purchasing crypto ETPs, pushing volumes into a nosedive.

via CoinDesk

CryptoCurrency News: MicroBT Sets Up First Offshore Bitcoin Miner Factory to Expand US Market Share



The new Southeast Asian facility will mean U.S. buyers won't have to pay an additional 25% tax on miner orders.

via CoinDesk

CryptoCurrency News: First Mover: Tron’s Play for WBTC Shows Competition to Relieve Ethereum Congestion



Competition builds in market for tokenized bitcoin, used to get extra profit off holdings of the cryptocurrency recently denigrated as a "pet rock."

via CoinDesk

CryptoCurrency News: Up 5%: Bitcoin Sees Biggest Single-Day Price Gain for 2 Months



Bitcoin is eyeing a bull revival above the psychological resistance of $11,000, but a strengthening dollar could put a spanner in the works.

via CoinDesk

CryptoCurrency News: OneCoin Investors Allege BNY Mellon Aided $4B Fraud



Following the publication of the FinCEN Files on Monday, investors suing OneCoin have now added allegations against BNY Mellon to their lawsuit.

via CoinDesk

CryptoCurrency News: OCC’s First Issued Guidance for Stablecoins Brings More Questions



For some, the OCC's recent stablecoin guidance, while helpful, raises as many issues as it clarifies.

via CoinDesk

CryptoCurrency News: Russian Web Censor Tells Binance It’s Been Blacklisted – Three Months Late



Roskomnadzor blacklisted Binance in June, but apparently only made the cryptocurrency exchange aware of its decision today.

via CoinDesk

CryptoCurrency News: How We Short Capitalism – And Finance the Revolution



In the post-capitalist future, human beings will collaborate, communicate and create using the radically decentralized tools.

via CoinDesk

CryptoCurrency News: China State Media Make Rare Reports Calling Crypto 2020’s Best Performing Asset



Several Chinese state-owned media have made unusual coordinated reports describing cryptocurrencies as the year's top performing investment.

via CoinDesk

CryptoCurrency News: IRS Will Make It Harder to Avoid Declaring Crypto on Tax Returns



The Internal Revenue Service plans to make all income tax payers check a box indicating whether they have transacted in crypto over 2020.

via CoinDesk

CryptoCurrency News: Ant Launches Business Trade Blockchain in Run-Up to $35B IPO



The launch of the cross-border trade blockchain comes as Ant stokes up enthusiasm for its public offering – set to be the largest on record.

via CoinDesk

CryptoCurrency News: Visa-Owned Plaid Has a Hidden Passion for DeFi



Fintech enabler Plaid is quietly working with at least two decentralized finance (DeFi) startups.

via CoinDesk

CryptoCurrency News: Fed Reserve Governor Brainard Said to Be Biden’s Choice for Treasury Secretary



Lael Brainard, who has been involved with the Fed's efforts to research a digital dollar, is seen as an ideal choice, Bloomberg sources said.

via CoinDesk

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