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Friday, March 6, 2020

CryptoCurrency News: That AlphaPoint $5.6M Funding Round? It’s a Loan



The recent $5.6 million injection of capital into New York-based AlphaPoint came from bridge financing, a short-term business loan, the company confirmed to CoinDesk. But AlphaPoint would not say who made the loan or its terms.

via CoinDesk

CryptoCurrency News: IRS Crypto Summit Was About the Exchange of Ideas, Not Tax Guidance



No new guidance is expected to come from Tuesday’s IRS Crypto Summit, but that the event happened at all is still a positive sign for the industry.

via CoinDesk

CryptoCurrency News: Bitcoin’s $9,000 Price Stays Steady as Sentiment Stays Positive



As global equity markets continue to get pummeled, bitcoin’s return to the $9,000 level may have been driven by some of the same forces causing a rally in bonds — a desire for respite from a coronavirus-plagued markets.  After sharp gains in price Thursday, bitcoin (BTC) has been trading steadily in a range between $9,000 […]

via CoinDesk

CryptoCurrency News: Ethereum’s ProgPoW Call Features Frustration but Little Progress



The controversial proposed change to Ethereum’s mining algorithm failed to change status after meeting resistance during Friday’s core developers call.

via CoinDesk

CryptoCurrency News: FluffyPony on Encryption, Clearview and How Coronavirus Could Impact Privacy



The former lead maintainer of Monero and co-founder of Tari speaks about the state of global privacy

via CoinDesk

CryptoCurrency News: Japan Doesn’t Need a Digital Yen, Asserts BOJ Official



A digital yen could have serious unintended consequences, the Bank of Japan's deputy governor warned.

via CoinDesk

CryptoCurrency News: Overstock’s VC Wing Leads $8.2M Funding Round in GrainChain



GrainChain, a blockchain platform for tracing commodities, raised $8.2 million from Medici and Eden Block.

via CoinDesk

CryptoCurrency News: Gender and Income: Binance US and Stellar CEOs Debunk Myths for International Women’s Day



There’s a common myth that women are less likely to be interested in bitcoin than men. The reality is people with higher income levels have a greater propensity for cryptocurrency and women still earn significantly less than men.

via CoinDesk

CryptoCurrency News: Bitcoin News Roundup for March 6, 2020



In this episode of CoinDesk's Markets Daily podcast we go to India, Denver, and Mars. Listen now.

via CoinDesk

CryptoCurrency News: Crypto Exchange OKCoin Appoints New CEO to Drive US Expansion



The current CEO Tim Byun will lead OK Group's global government relations from the end of March.

via CoinDesk

CryptoCurrency News: India’s Central Bank Plans to Fight Supreme Court Crypto Ruling



The Reserve Bank of India reportedly plans to return to the supreme court to ask for a review of a ruling that overturned its ban on banking access for crypto firms.

via CoinDesk

CryptoCurrency News: Exchange Technology Developer AlphaPoint Raises $5.6M in Latest Funding Round



A member of FINRA's board of governors has also joined AlphaPoint's board.

via CoinDesk

CryptoCurrency News: Bitcoin Maintains Gains as Global Equities Slide, US Yield Hits Record Lows



Bitcoin is printing gains amid coronavirus-led risk-aversion in the traditional markets.

via CoinDesk

CryptoCurrency News: Information Overload Is Stopping Us From Seeing the Truth



The online environment is inundated with information, and it's impossible to tell the fake from the real, says Microsoft's blockchain chief.

via CoinDesk

CryptoCurrency News: INX’s $130M IPO to Launch Next Month as Exchange Seeks NY BitLicense



Crypto exchange INX is targeting an April launch date for its $130 million IPO, potentially the industry’s largest registered securities sale ever.

via CoinDesk

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