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Thursday, February 18, 2021

CryptoCurrency News: Bitcoin News Roundup for Feb. 18, 2021



With the both of the top two cryptocurrencies setting new record high prices plus a look at what dogecoin says about our world, CoinDesk’s Market Daily is back with the latest news roundup.

via CoinDesk

CryptoCurrency News: What Happens if All Stablecoin Users Have to Be Identified?



If the U.S. reins in pseudonymity in stablecoin transactions (as seems possible) there could be big implications for the crypto industry, says our columnist.

via CoinDesk

CryptoCurrency News: BitPay to Pay $500K to Settle OFAC Sanction Violation Charges



BitPay is accused of facilitating over 2,100 transactions with individuals in sanctioned nations.

via CoinDesk

CryptoCurrency News: Nvidia Redesigns Graphics Cards to Limit Their Use in Ethereum Mining



Nvidia is also launching Cryptocurrency Mining Processors (CMP) specifically for Ethereum miners.

via CoinDesk

CryptoCurrency News: Bill Gates Says He’s ‘Neutral’ on Bitcoin



Gates has previously criticized cryptocurrencies and said he'd short bitcoin "if there was an easy way to do it."

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CryptoCurrency News: Libra Co-Creator’s VC Firm Co-Leads $12M Round in ‘Decentralized GitHub’



“Web 3 developers should be building on open protocols,” NFX General Partner Morgan Beller said of Radicle, a platform for crypto-native code collaboration.

via CoinDesk

CryptoCurrency News: First Mover: Who ISN’T Dabbling as Bitcoin Passes $52K, Ether Tops $1,900



The $8.7 trillion-asset BlackRock is "dabbling" in cryptocurrencies – becoming the norm as bitcoin and ether rally to all-time high prices.

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CryptoCurrency News: Bitcoin May Be a Better Investment Than Gold, Says DoubleLine CEO Jeffrey Gundlach



Gundlach has previously said, "I don't believe in bitcoin."

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CryptoCurrency News: ‘Evil VASP’ Simulation Preps Crypto Exchanges for FATF Travel Rule



Backed by CipherTrace, TRISA looks to get virtual asset service providers (VASPs) ready for new anti-money laundering rules.

via CoinDesk

CryptoCurrency News: Russia’s Digital Ruble Model to Get Bank-Friendly Redesign



Banks had feared being drained of liquidity under the original concept for the digital currency.

via CoinDesk

CryptoCurrency News: No, Bitcoin Is Nothing Like the South Sea Bubble



Those who compare Bitcoin to the great bubbles of the past need to check the historical books. This moment is very different.

via CoinDesk

CryptoCurrency News: Safello Partnership Enables Direct Crypto Purchases From Users’ Bank Accounts



A new tie-up with payments firm Klarna brings the exchange access to more than 5,000 banks across Europe.

via CoinDesk

CryptoCurrency News: How Crypto Transforms Prediction Markets



Betting can be used to predict the future. That's the crazy idea behind prediction markets. Here's how they work and where cryptocurrency fits into the picture.

via CoinDesk

CryptoCurrency News: Kia Motors America Victim of Ransomware Attack Demanding $20M in Bitcoin, Report Claims



BleepingComputer claims to have evidence that the ransomware gang DoppelPaymer is demanding 404 BTC from the car firm.

via CoinDesk

CryptoCurrency News: Switzerland’s ‘Crypto Valley’ Has Started Accepting Bitcoin, Ether for Tax Payments



Local firm Bitcoin Suisse has partnered with the canton of Zug, converting cryptocurrency tax payments into Swiss francs.

via CoinDesk

CryptoCurrency News: Ether Looks Overleveraged as Cryptocurrency Hits New High Over $1,900



Ether's derivative market looks overheating amid the cryptocurrency's rally to new record highs.

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: Malaysian Bitcoin Mining Gang Stole Over $2M in Electricity, Say Police



Police seized 1,746 bitcoin mining machines across 21 premises in raids this week.

via CoinDesk

CryptoCurrency News: Chinese Retailer Goes From Bubble Tea to Crypto Mining in Unlikely Pivot



Urban Tea has hired two new executives ahead of its expansion into cryptocurrency mining.

via CoinDesk

CryptoCurrency News: How Staking and Eth 2.0 Makes the Ethereum Economy More “Sustainable”



In this episode, Christine Kim and Will Foxley discuss with David Hoffman, the co-founder of Bankless, the market implications of a dual Ethereum blockchain and what new realities staking presents to the long-term value proposition of ether.

via CoinDesk

CryptoCurrency News: Robinhood to Allow Deposits, Withdrawals for Cryptos Including Dogecoin



Currently, users of the popular trading app can only buy and sell cryptocurrencies within their Robinhood accounts.

via CoinDesk

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