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Monday, February 8, 2021

CryptoCurrency News: BitMEX Introduces Data Storage Framework for FATF’s Travel Rule



Compliance chief Malcolm Wright led the development of BitMEX’s data storage principles for crypto exchanges.

via CoinDesk

CryptoCurrency News: Investors Pump $250M Into Reddit Following Social Media Site’s Role in GameStop Mania



The site plans to double its headcount to 1,400 by the end of 2021.

via CoinDesk

CryptoCurrency News: Bitcoin Tops $46K for First Time as Market Bets Others Will Follow Tesla’s Lead



That Tesla has invested in bitcoin is an announcement the market had long sought to hear.

via CoinDesk

CryptoCurrency News: Nic Carter’s Castle Island Ventures Closes $50M Investment Fund



The early stage VC will continue to invest around its primary thesis: "that public blockchains are changing the world."

via CoinDesk

CryptoCurrency News: Apple Should Launch Own Crypto Exchange, RBC Analyst Says



Analysts at the largest bank in Canada noted that after PayPal and Square’s crypto offerings, the market for tech firms creating crypto wallets has already been validated.

via CoinDesk

CryptoCurrency News: Blockchain Bites: Tesla Drives $1.5B Into Bitcoin, Brian Brooks Comments on Monetary Debasement



Tesla plowed $1.5 billion into bitcoin, ETH futures went live on CME, Brian Brooks comments on dollar debasement.

via CoinDesk

CryptoCurrency News: Elon Musk Buys Bitcoin: Everything You Need to Know About Tesla’s $1.5B Purchase



The implications of Elon Musk’s purchase on bitcoin’s climate narrative, other Fortune 500 treasury management strategies and more.

via CoinDesk

CryptoCurrency News: China’s Blockchain Infrastructure Services Provider BSN Adds Casper to Network



Casper is an Ethereum competitor that aims to launch in the first quarter of 2021.

via CoinDesk

CryptoCurrency News: Bitcoin News Roundup for Feb. 8, 2021



With BTC setting new all-time high prices, ether futures launching and Elon Musk announcing Tesla's purchase of $1.5B worth of bitcoin, CoinDesk’s Market Daily is back with the latest news roundup.

via CoinDesk

CryptoCurrency News: Binance Drops Defamation Lawsuit Against Forbes Over ‘Tai Chi’ Document



The exchange did not say in its latest filing why it withdrew the case for now.

via CoinDesk

CryptoCurrency News: Top Crypto Exchanges Experience Difficulties as Tesla News Prompts Trading Frenzy



Binance, Coinbase, Gemini and Kraken are all having technical difficulties under heavy trading load.

via CoinDesk

CryptoCurrency News: Ex-OCC Chief Brooks Calls Tesla’s Bitcoin Buy a Bit ‘Scary News’ for Rest of World



Brooks noted that the U.S. money supply will have risen 40% over the last 12 months once the most recent round of stimulus is done.

via CoinDesk

CryptoCurrency News: Bank of Korea: CBDCs Are Fiat Currency Not Virtual Assets



Some legal changes would be needed before a potential central bank digital currency launch in South Korea, research indicates.

via CoinDesk

CryptoCurrency News: Potential India Crypto Ban, Worldwide Darknet and Virgil Griffith’s Saga Continues



Crypto restrictions in India, fresh darknet market research from Chainalysis and the newest chapter in Virgil Griffith’s North Korea saga.

via CoinDesk

CryptoCurrency News: Which Crypto Projects Are Based on Ethereum?



Ethereum dapps are different from everyday apps because they aim to hand users more control over their online lives.

via CoinDesk

CryptoCurrency News: First Mover: Tesla Sends Bitcoin Mooning Past $44K as Snoop Wins #dogebowl



Electric-vehicle entrepreneur Elon Musk follows through with a $1.5 billion purchase after adding "#bitcoin" to his Twitter profile late last month.

via CoinDesk

CryptoCurrency News: Hardware Wallet Maker Ledger Adds DeFi Support to Mobile App



Ledger's mobile app now allows users to connect to decentralized apps via an integration with open-source protocol WalletConnect.

via CoinDesk

CryptoCurrency News: Introducing CoinDesk TV: Industry-Leading Crypto News, Now in Living Color



Amid turbulence in markets, economy and society, there's no better time or purpose to launch CoinDesk TV, writes Executive Producer Joanne Po.

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CryptoCurrency News: What Bloomberg Gets Wrong About Bitcoin’s Climate Footprint



The outlet compared Bitcoin and Visa's energy use, reaching several highly misleading conclusions, our columnist says.

via CoinDesk

CryptoCurrency News: Canadian Crypto Lender Ledn Raises $2.7M for Emerging Markets Expansion



After growing in Latin America, the firm wants to bring its micro-loans and stablecoin savings features to other emerging markets.

via CoinDesk

CryptoCurrency News: Bitcoin Hits New Record High Over $43K on Tesla News



The largest cryptocurrency surged at least 11% to surpass the previous peak price of $41,962 reached in early January.

via CoinDesk

CryptoCurrency News: Tesla Invests $1.5B in Bitcoin, Plans to Accept Crypto Payments



Tesla also expects to begin accepting bitcoin as a form of payment for its products "in the near future."

via CoinDesk

CryptoCurrency News: Bitcoin Miner Bitfarms to Raise $31M in Sale of Shares to Institutional Investors



The additional funding will go towards the acquisition of more miners, expanding infrastructure and boosting working capital.

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: Ethereum Futures Are Now Trading on CME



The Chicago exchange has now traded 77 ETH contracts after going live on Sunday.

via CoinDesk

CryptoCurrency News: Children’s Charity Creates Bitcoin Superhero to Attract Crypto Donations



The "Billy Bitcoin" hero is part of the charity's efforts to drum up more crypto donations.

via CoinDesk

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