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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: 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: Massachusetts Sues ICO Organizer for Alleged Securities Violations
Massachusetts' securities enforcement office is suing a resident and his company for selling unregistered securities in a token sale. ...
CryptoCurrency News: Bitcoin Still On Track for Quarterly Gains After Drop Toward $9K
Bitcoin looks set to end its three-quarter losing run despite having dropped to $9,000 earlier on Thursday. via CoinDesk
CryptoCurrency News: Prime Trust to Arrange Banking for Customers of BlockQuake Crypto Exchange
The exchange will use Prime Trust for compliance checks as well as custody for fiat and cold storage for crypto. via CoinDesk
CryptoCurrency News: Swiss Central Banker: State-Backed Crypto Would Pose 'Incalculable Risks'
Swiss National Bank Governing Board member Andrea Maechler sees value in blockchain, but argues central banks should stay out of consumer ...
CryptoCurrency News: The Safello Story: Smaller Crypto Exchanges Must Partner to Survive
In the dog-eat-dog world of cryptocurrency exchanges, smaller startups that don’t attract the volume of megaliths like Binance, Coinbase a...
CryptoCurrency News: Binance Is Not Under Our Jurisdiction, Says Malta Regulator
The Malta Financial Services Authority has denied reports that Binance has ever fallen under local jurisdiction. via CoinDesk
China's Bitcoin Exchanges Shift to P2P Model After Crackdown
Earlier, we reported that Chinese Cryptocurrency exchanges are looking into migrating their operations to other countries . But while that...
CryptoCurrency News: Digital Asset Firm Taurus Group Raises €10M From Investors Including Banks, Tezos
Taurus Group is looking to expand its operations after securing Series A funding led by Arab Bank Switzerland. via CoinDesk
CryptoCurrency News: Former Bakkt CEO Kelly Loeffler Loses Senate Seat
Former Bakkt CEO Kelly Loeffler lost her Senate seat to Democrat Raphael Warnock in a special election Tuesday night. via CoinDesk