CryptoCurrency News: Asset Manager Wilshire Phoenix Files to Launch New Bitcoin Investment Trust

Wilshire Phoenix has filed to launch a bitcoin trust in hopes of making the cryptocurrency more accessible to investors.

via CoinDesk

CryptoCurrency News: How an Art Collective Is Using Blockchain to Protest Police Brutality

The DADA Art Collective is using blockchain to promote Black Lives Matter and calls for police reform. Here's how tokens can be a form of protest.

via CoinDesk

CryptoCurrency News: Bitcoin Is More Than an Inflation Hedge

While fears of a “great monetary inflation” have driven the recent bitcoin narrative, other aspects like censorship resistance and peaceful protest matter just as much.

via CoinDesk

CryptoCurrency News: Market Wrap: Bitcoin Is Still Up 30% in 2020 After a Bumpy Week

The crypto market seems more closely tied to traditional markets now, but is handily beating stocks year-to-date.

via CoinDesk

CryptoCurrency News: Digital Dollar? Get Real, Financial Inclusion Advocates Tell Congress

Currently just a flashy idea, the digital dollar is competing with duller but proven methods for the job of getting stimulus funds to every U.S. resident.

via CoinDesk

CryptoCurrency News: Blockchain Bites: Designing Digital Dollars and Following the Quadriga Trail

The Ontario Securities Commission says QuadrigaCX, an infamous Canadian exchange, was a Ponzi scheme, while the National Science Foundation is issuing a grant to design a national digital currency.

via CoinDesk

CryptoCurrency News: Drug Dealer Just Sentenced to 25 Years Hoped to Build a Better Bitcoin Miner

Paul Calder LeRoux, an admitted drug dealer with a background in encryption, planned to build a bitcoin miner had he beaten the rap.

via CoinDesk

CryptoCurrency News: This Liechtenstein Bank Can Now Custody Crypto

Mason Privatbank Liechtenstein is aiming to cater to both crypto-focused investors and asset managers who are looking to diversify their portfolios.

via CoinDesk

CryptoCurrency News: Money Reimagined: The Fed, Hertz, a Bonkers Stock Market and why ICOs Still Matter

Illogical stock movements demonstrate the need for new ways to allocate capital. Yes, it's time to talk about token offerings once more.

via CoinDesk

CryptoCurrency News: Bitcoin News Roundup for June 12, 2020

With the price of BTC dropping more than 6% overnight, CoinDesk's Markets Daily is back with your bitcoin news roundup.

via CoinDesk

CryptoCurrency News: Russia’s Supreme Court Makes ‘Landmark’ Vote With Blockchain System from Kapersky Lab

The court for the first time used a blockchain-based system to record votes in a web-hosted plenary session Friday.

via CoinDesk

CryptoCurrency News: Japan’s High Court Rejects Former Mt Gox CEO’s Conviction Appeal

Mark Karpeles said he is reviewing the verdict with his legal team.

via CoinDesk

CryptoCurrency News: Tezos and Algorand Latest to Integrate Tech for Anti-Money Laundering Compliance

The integrations would allow the two blockchain projects to track transactions and identify senders, in line with the FATF's "Travel Rule."

via CoinDesk

CryptoCurrency News: Crypto Exchange Owner Admits Laundering $1.8M in Online Auctions Fraud

The owner of Romanian crypto exchange CoinFlux has admitted to laundering money in a fraudulent scheme involving fake eBay ads and a car wash.

via CoinDesk

CryptoCurrency News: First Mover: Bitcoin Recouples With Wall Street as Stocks Tumble, Fear Trade Returns

Fear has crept back into cryptocurrency and traditional financial markets, with bitcoin falling alongside U.S. stocks on Thursday.

via CoinDesk

CryptoCurrency News: Why Bitcoin Suddenly Dropped 6% on Thursday

The week-long calm in the bitcoin market ended with a sudden $800 price drop on Thursday. Here's three likely reasons why.

via CoinDesk

CryptoCurrency News: Xapo Suspends Credit Card Crypto Purchases, Shifts Operations to Gibraltar

Xapo is making changes as it transforms into a digital bank launching later this year.

via CoinDesk

CryptoCurrency News: National Science Foundation Funds Research Into Crypto Dollars

The National Science Foundation has given blockchain startup KRNC $225,000 to design cryptocurrency features for the U.S. dollar.

via CoinDesk

CryptoCurrency News: Why This Dev Built a ‘Centralized Ethereum’ on Top of Bitcoin’s Lightning Network

Ethereum showed the limits of decentralization, says the creator of an explicitly centralized version that pays contracts via Bitcoin’s Lightning Network.

via CoinDesk