CryptoCurrency News: Major Korean Banks Back Bitcoin Startup Coinplug’s $6.4 Million Round

South Korean bitcoin exchange and wallet startup Coinplug has raised $6.4 million from venture arms of major local financial institutions. 

via CoinDesk

CryptoCurrency News: Polish Police Arrest Head of Payment Processor Tied to Bitfinex Crypto Exchange

Polish police arrested Ivan Manuel Molina Lee, president of Crypto Capital, for alleged money laundering.

via CoinDesk

CryptoCurrency News: How Should Crypto Prepare for Google’s ‘Quantum Supremacy’?

Google just officially announced "quantum supremacy." When will it turn its quantum sights on crypto?

via CoinDesk

CryptoCurrency News: Galaxy Digital to Launch 2 New Bitcoin Funds in November

Galaxy Digital's asset management division is launching two bitcoin funds in November, according to a source with knowledge of the matter.

via CoinDesk

CryptoCurrency News: SEC, CFTC, OCC, FDIC Join UK FCA’s ‘Global Sandbox’

Four U.S. regulators joined an international alliance of government regulators seeking to bolster the future of fintech.

via CoinDesk

CryptoCurrency News: Eyeing African Market, Binance Adds Nigerian Fiat-to-Crypto Gateway

Facilitated by payments network Flutterwave, the addition starts a new phase of Binance adding sub-Saharan fiat pairs.

via CoinDesk

CryptoCurrency News: PODCAST: Ikigai’s Travis Kling on Why Bitcoin Is a ‘Baby X-Man’

Travis Kling of Ikigai Asset Management explains why bitcoin is currently a risk asset, but showing signs of a future safe-haven asset.

via CoinDesk

CryptoCurrency News: PODCAST: Caitlin Long on Bitcoin as Insurance Against Financial Collapse

"Bitcoin is less volatile from a systemic perspective than I think the traditional financial industry is," says the Wyoming Blockchain Coalition co-founder.

via CoinDesk

CryptoCurrency News: PODCAST: Nic Carter on Bitcoin’s Evolution as a Safe-Haven Asset

“If you are fleeing a country with just the clothes on your back and want to take your savings with you, bitcoin is an excellent safe haven,” says the founding partner of Castle Island Ventures.

via CoinDesk

CryptoCurrency News: Bakkt to Launch Options on Its Bitcoin Futures Dec. 9

The Intercontinental Exchange (ICE) is launching bitcoin options contracts through its subsidiary Bakkt. Bakkt announced Thursday that it would “launch the first regulated options contract for bitcoin futures,” adding a new product to its current slate of physically-settled bitcoin futures contracts. CEO Kelly Loeffler said in a Medium post that the contracts were built in response […]

via CoinDesk

CryptoCurrency News: Binance US Announces Dogecoin Listing

Binance US has listed longtime meme favorite dogecoin, according to the exchange.

via CoinDesk

CryptoCurrency News: Coinbase Has Earned $2 Billion in Transaction Fees Since 2012, Says CEO

Coinbase turned a profit since 2017 and has earned $2 billion in transaction-fee revenue since its founding in 2012.

via CoinDesk

CryptoCurrency News: Bitcoin Eyes First Test of $7.2K Price Support Since April

Long-term bitcoin price support at $7,200 may be put to test for the first time in six months, likely after a minor price bounce.

via CoinDesk

CryptoCurrency News: Telegram Token Investors Reject Refund Offer

Investors who bought the firm's gram token have agreed to accept an extended issuance date in the hope they'll still turn a profit.

via CoinDesk

CryptoCurrency News: Colorado Could Be Next in the Race to Bank Crypto (and Cannabis)

State policymakers want Colorado to be the new Wyoming, creating friendly legislation to draw crypto companies.

via CoinDesk

CryptoCurrency News: CFTC Makes Its Fintech, Blockchain Research Lab a Full-Fledged Office

The U.S. Commodity Futures Trading Commission is upgrading its financial technology research wing, LabCFTC, into an independent office.

via CoinDesk

CryptoCurrency News: 5 Takeaways on Ethereum 2.0 From Vitalik’s ‘Beast Mode’ Blog Posts

Vitalik Buterin has outlined five steps for the roll-out of Ethereum 2.0 in early 2020.

via CoinDesk