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Friday, November 13, 2020
CryptoCurrency News: Market Wrap: Bitcoin Fails to Reach $16.5K; Wrapped BTC Hits $2 Billion
Bitcoin’s price is climbing for the third straight day as more of the cryptocurrency is locked into the Ethereum network.
via CoinDesk
CryptoCurrency News: PayPal Rolls Out Crypto for All US Customers
Crypto Twitter reacts to the announcement and answers the question: Just how big a deal is this?
via CoinDesk
CryptoCurrency News: Token Projects Are Not Happy With KuCoin’s Handling of $280M Hack
Some token projects say they're left holding the bag following a hack that drained the KuCoin crypto exchange of $280 million.
via CoinDesk
CryptoCurrency News: Payza Founders Sentenced in $250M Money Laundering Case
Canadian brothers Firoz and Ferhan Patel are headed to prison after admitting their payments company had broken the law.
via CoinDesk
CryptoCurrency News: Developers Debate Disclosure Protocols After ‘Accidental’ Ethereum Hard Fork
Ethereum’s largest client Geth hard-forked after a bug was tripped Wednesday. Developers are now weighing the merits of security disclosures methods.
via CoinDesk
CryptoCurrency News: Money Reimagined: The US’ Kodak Moment
China's moves on digital currency have potential to rock the global economy. The U.S. risks getting left behind, like Kodak.
via CoinDesk
CryptoCurrency News: This Crypto Custody Breakthrough Will Bring Banks Closer to Digital Assets
Shard X is claiming to be the first company to successfully run multi-party computation (MPC) on hardware security modules (HSMs).
via CoinDesk
CryptoCurrency News: Bank of England Official Balks at Shielding Banks Against Digital Currencies: Report
Deputy Governor Jon Cunliffe says protecting bank business models is not BoE's responsibility.
via CoinDesk
CryptoCurrency News: From PayPal to Libra: Big Tech Has Forced Central Banks to Wake Up to CBDCs, Says Benoit Coeure
Libra was the final wake-up call for central banks that prompted serious consideration of digital currency issuances, according to the head of the BIS Innovation Hub.
via CoinDesk
CryptoCurrency News: First Mover: Why the Fed Cares About Remote Working – and What It Means for Bitcoin
The potential economic impact of a shift to widespread remote working is a matter of risk management: Authorities should be mapping out scenarios.
via CoinDesk
CryptoCurrency News: US Company Now Lets Travelers Pay for Passports With Bitcoin
Payments for passport renewals and name changes are being processed by Coinbase Commerce.
via CoinDesk
CryptoCurrency News: $300M in Bitcoin Flow to Binance From Huobi as China Gets Tougher on Exchanges
The Chinese government cracks down on the crypto exchanges (again), but Binance has been benefiting.
via CoinDesk
CryptoCurrency News: Algorand-Backed Axelar Raises $3.75M in Seed Funding to Help Blockchains Communicate
Axelar is a decentralized protocol designed by the founding members of Algorand to make it easier for dapps to work across blockchains.
via CoinDesk
CryptoCurrency News: Payments Provider BitPay Rolls Out Cryptocurrency Payroll Service
With the launch, BitPay now provides a new alternative to crypto payroll services such as BitWage.
via CoinDesk
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