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Friday, November 27, 2020
CryptoCurrency News: Ripple Is Cashing Out a Third of Its Stake in Surging MoneyGram
It is its first such sale of MoneyGram stock since the startup invested in the remittance giant in 2019.
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CoinDesk
CryptoCurrency News: Curve Finance Votes to Disperse $3M in Fees to Governance Token Holders
The community vote was an exercise in decentralized governance for a protocol not unfamiliar with meeting community demands.
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CoinDesk
CryptoCurrency News: Bitcoin’s Carnivore Cult Is Both Stupid and Correct
Do Bitcoin fans gravitate toward steak so often because they view themselves as cowboys, or because they’re just health-conscious?
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CoinDesk
CryptoCurrency News: NYT Reveals Claims of ‘Racist or Discriminatory’ Treatment of Employees at Coinbase
The NYT critique of Coinbase’s internal diversity policies quotes former employees who complain of “racist or discriminatory” treatment.
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CoinDesk
CryptoCurrency News: ENCORE: Luke Gromen on the History and (Declining) Future of the Global Dollar System
As some start to wonder about a post-Bretton Woods economic system, macro analyst Luke Gromen explains how that post-World War II system came to be.
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CoinDesk
CryptoCurrency News: Crypto Custodian Copper Aims to Bridge Gap Between DeFi and Traditional Finance With New Tool
The new tool, CopperConnect, covers the "DeFi lifecycle" as an asset moves from custody to smart contract and back.
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CoinDesk
CryptoCurrency News: Industry Pros Weigh In on Rumors of New Crypto Wallet Regulations
From shorter consultations to insider comments, recent rumors about U.S. regulation of private crypto wallets have some compelling context.
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CoinDesk
CryptoCurrency News: Bank of Russia Fields Banking Industry Concerns Over Digital Ruble Proposal
Russian banks fear being left out of the central bank's proposed digital currency system, according to a report.
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CoinDesk
CryptoCurrency News: Canada-Listed Investment Firm Sells All Its Ether, Monero to Buy More Bitcoin
Cypherpunk Holdings says it financed additional bitcoin purchases with the "full liquidation" of positions in monero and ether.
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CoinDesk
CryptoCurrency News: Huobi-Branded Crypto Exchange Launches for Malaysian Market
Huobi Labuan said it's been licensed in Malaysia for a nine-month trial period of cryptocurrency spot and derivatives trading services.
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CoinDesk
CryptoCurrency News: Quick Bitcoin Price Recovery Looks in Doubt as Whales Move Coins Onto Exchanges
"Whales are transferring bitcoin to exchanges. The cryptocurrency may trade in a sideways-to-negative manner," said one analyst.
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CoinDesk
CryptoCurrency News: Chinese Authorities Have Seized a Massive $4 Billion in Crypto From PlusToken Scam
Cryptocurrencies worth billions of dollars have been seized during the police crackdown on the PlusToken Ponzi scheme in China.
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CoinDesk
CryptoCurrency News: Crypto Exchange Upbit Brings in Withdrawal Delay in Bid to Tackle Fraudsters
The South Korea-based exchange has announced a 24-hour cryptocurrency withdrawal delay in an effort to protect user accounts from malicious attacks.
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CoinDesk
CryptoCurrency News: China’s Xi Asks ASEAN Nations to Join in Building of ‘Digital Silk Road’
Xi Jinping pushed for digitally enhanced trade among Southeast Asian nations in a keynote at the China-ASEAN Expo on Friday.
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CoinDesk
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CryptoCurrency News: Announcing the CoinDesk Crypto-Economics Explorer
CoinDesk is pleased to announce the launch of our new data product, the Crypto-Economics Explorer. via CoinDesk
CryptoCurrency News: Top Auction House Christie’s to Accept Ether Cryptocurrency for Digital Art Sale
The sale gives Christie's a chance to "dip its toes" in crypto, said a New York representative. via CoinDesk
CryptoCurrency News: With 18 Million Bitcoins Mined, How Hard Is That 21 Million Limit?
The 18 millionth bitcoin is about to be mined. Though the remaining 3 million will take 120 years to mint, some question the certainty of ...
CryptoCurrency News: Poloniex Crypto Exchange Forced to Roll Back Trades After Update Error
The cryptocurrency exchange – recently acquired by an investment group including Tron – now says its systems are back to normal. via Coi...
CryptoCurrency News: Bull Reversal: Bitcoin Climbs Key Price Hurdle to Target $4K
Bitcoin's price crossed key resistance yesterday, boosting the prospects of a stronger rally above $4,000. via CoinDesk
CryptoCurrency News: Crypto-Jacking Virus Infects 850,000 Servers, Hackers on the Run With Millions
French cybersecurity, officials dubbed 'cyber gendarmes,' announced the disabling of an 850,000 server botnet operating mostly in ...
CryptoCurrency News: Number of People Holding Lots of Bitcoin Surges in Rare ‘Whale-Spawning Season’
The number of bitcoin whales rose to a new record high on Wednesday. via CoinDesk
CryptoCurrency News: India May Side-Step Parliament to Push Through Crypto Bill: Report
The bill would potentially kick off the development of a digital rupee while banning “private cryptocurrencies.” via CoinDesk
CryptoCurrency News: Bitcoin Has Failed But Global Stablecoins a Threat, Say BIS and G7
A new report says bitcoin has failed as a means of payment or store of value, but stablecoins like Libra are a risk to financial stability...
CryptoCurrency News: Facebook Libra Risks to Financial Stability Demand ‘Highest’ Regulatory Standards, Says G7
The G7 group of nations has warned of the threat posed by stablecoins such as Facebook's Libra and set out draft recommendations for r...