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Thursday, February 4, 2021
CryptoCurrency News: Following GameStop, South Korea Financial Regulator Extends Ban on Short Sales
Caving to pressure from retail traders, South Korea's ban on short-selling has been extended through May 2021.
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CoinDesk
CryptoCurrency News: TokenSoft to Trade Digital Securities on tZERO’s Retail Market
On the Overstock-owned platform, TokenSoft customers will be able issue security tokens that retail and accredited investors can trade.
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CoinDesk
CryptoCurrency News: Market Wrap: Bitcoin Drops to $36.3K as DeFi Jumps to $32B on Ether FOMO
The amount of crypto in USD values locked in decentralized finance has reached $32.8 billion, a new high.
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CoinDesk
CryptoCurrency News: What We Learned About PayPal’s Crypto Strategy This Week
Insights from PayPal’s first quarterly earnings report since launching crypto services.
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CoinDesk
CryptoCurrency News: Crypto Startup Metal Pay Files for National Bank Charter
Metal Pay's "First Blockchain Bank and Trust" would be FDIC-insured, CEO told CoinDesk.
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CoinDesk
CryptoCurrency News: Blockchain Bites: The Rise of the Bitcoin Investment Fund
A flurry of crypto investment funds were announced, as NYDIG predicts it will see $25 billion in bitcoin under management by year's end.
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CoinDesk
CryptoCurrency News: Meet the Technician Who Unlocks Your Forgotten Crypto Wallets
It’s a bitcoin bull run and you've forgotten the password to your wallet. What’s next?
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CoinDesk
CryptoCurrency News: Bitcoin News Roundup for Feb. 4, 2021
With ether breaching another all-time high and payments giant Visa expanding its digital currency roadmap, CoinDesk’s Market Daily is back with the latest news roundup.
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CoinDesk
CryptoCurrency News: Croatia’s Tifon Gas Stations Hope to Tap Tourist Trade With Crypto Payment Support
Forty-six fuel stops will accept bitcoin, ether, stellar, XRP and EOS through a partnership with local platform PayCek.
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CoinDesk
CryptoCurrency News: Crypto Is the Libertarian Cheat Code in the Final Battle Over State Coercion
A normie Mario fights Bowser to save Princess Peach; a libertarian Mario builds her an escape hatch.
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CoinDesk
CryptoCurrency News: The Unexpected Challenges of CoinDesk’s First Staking Venture
How we decided to participate in staking on Ethereum 2.0, the challenges we had to overcome and the implications of the controversial move.
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CoinDesk
CryptoCurrency News: $72M Crypto Fund Backed by Paul Tudor Jones and LL Cool J Comes Out of Stealth
Led by Glenn Hutchins, the new fund has already invested in Dapper Labs and other crypto projects.
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CoinDesk
CryptoCurrency News: First Mover: Ethereum, DOGE on Own Journeys as Inflation Bets Fuel Bitcoin
Altcoins like Chainlink get big boost from DeFi growth on Ethereum, while inflation bets boost bitcoin and dogecoin gets (Elon Musk) moonshot.
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CoinDesk
CryptoCurrency News: $10M Fund From Cosmos-Based Terra Will Gladly Back DeFi Projects on Ethereum
The fund will pay for the one thing devs can't do internally: security audits.
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CoinDesk
CryptoCurrency News: Discord Scammers Lure Users to Fake Exchange With Promise of Free Bitcoin
The scammers may be trying to collect a database of crypto users for sale on the dark web, said Kaspersky.
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CoinDesk
CryptoCurrency News: Rare Hashmasks Digital Artwork Sells for $650K in Ether
"The piece itself is chaotic, yet ordered. It invokes a concept of biblical dualism with the demon and halo," said the buyer.
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CoinDesk
CryptoCurrency News: South Africa’s Tax Agency Is Clamping Down on Crypto Users: Report
The South African Revenue Service is likely "ensnaring" non-compliant taxpayers, a tax consultancy said in a news report.
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CoinDesk
CryptoCurrency News: Japan’s SBI Adds XRP to Cryptocurrency Lending Service
Users of SBI's cryptocurrency exchange can lend XRP for a return of 0.1% per annum.
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CoinDesk
CryptoCurrency News: US Library of Congress Says Most Countries Lack Clear Tax Guidance on Crypto Staking
Out of 31 nations, only 5 have tax guidance addressing cryptocurrency rewards via staking, a study found.
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CoinDesk
CryptoCurrency News: What Is Uniswap? A Complete Beginner’s Guide
Uniswap is an automated ethereum-based crypto exchange with its own governance token, UNI.
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CoinDesk
CryptoCurrency News: Elon Musk Is Back Tweeting About Dogecoin as Price Rises 50%
Musk was apparently welcoming dogecoin's latest price bounce.
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CoinDesk
CryptoCurrency News: Ethereum Transaction Fees Hit Record Highs As Ether, DeFi Coins Soar
The average Ethereum transaction fee has passed $20 for the first time.
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CoinDesk
CryptoCurrency News: Bitcoin an ‘Emerging Competitor’ to Gold, Says CME’s Chief Economist
Blu Putnam said gold's ongoing production, likely to increase this year, contrasts with bitcoin's fixed supply.
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CoinDesk
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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: 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: 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: 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
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
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: Alameda Research Acquires Interoperability Project Ren
Sam Bankman-Fried's Alameda Research has acquired RenVM to bring more DeFi assets to Solana. via CoinDesk
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: ErisX Releases API for Bulk Trading of Bitcoin, Ether
ErisX has released a block trading API for futures contracts and spot market trades to help large traders. via CoinDesk
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