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Friday, June 19, 2020

CryptoCurrency News: SEC Chair Clayton Nominated as US Attorney for New York



SEC Chairman Jay Clayton has been nominated to become the U.S. Attorney for the Southern District of New York, replacing outgoing U.S. Attorney Geoffrey Berman, who will step down by July 3.

via CoinDesk

CryptoCurrency News: ‘Satoshi Was a Black Woman’: Blockchain Entrepreneurs Talk Financial Inclusion on Juneteenth



At a virtual event Friday called "Crypto & Race," blockchain entrepreneurs explored how racial inequality affects the cryptocurrency sector.

via CoinDesk

CryptoCurrency News: Cambodia Plots a Dollar-Free Future With Blockchain-Based Payments: White Paper



Cambodia's central bankers are riding their hopes of de-dollarization on a national payments blockchain: Project Bakong.

via CoinDesk

CryptoCurrency News: Market Wrap: Bitcoin Spot Volumes Are Weak While Options and DeFi Strengthen



Lower bitcoin spot volumes and flatter-than-usual price action doesn’t mean crypto traders have zero opportunities to capitalize.

via CoinDesk

CryptoCurrency News: New York Fed’s ‘Bitcoin Is Just Another Fiat’ Claim Sparks Controversy



Economists at the New York Federal Reserve think Bitcoin is a fiat currency. Nic Carter thinks the New York Fed is "insane."

via CoinDesk

CryptoCurrency News: DeFi Startups Built on Compound Weigh What to Do With $200 COMP Tokens



Startups built on Compound's decentralized lending protocol are now pondering the second-order effects of COMP's price surge.

via CoinDesk

CryptoCurrency News: Tether’s Supply on Compound Jumps to Over $224M in a Week



Tether's volume on decentralized lender Compound has quadrupled to over $224 million in just a few days, and is by far the dominant stablecoin on the platform.

via CoinDesk

CryptoCurrency News: Why Monetary Debasement Is Here to Stay, Feat. Dr. Vikram Mansharamani



From technology to aging demographics, some of the most important trends shaping the economy have been deflationary. What happens when that rapidly changes?

via CoinDesk

CryptoCurrency News: Ex-Kraken Trading Head Leads Crypto Quant Fund With $23M in Assets, $2.3B in Trades



A little-known virtual currency fund heavy on math and statistics is turning a steady profit under a lead trader who once oversaw a major cryptocurrency exchange.

via CoinDesk

CryptoCurrency News: The Queens Politician Who Wants to Give New Yorkers Their Own Crypto



Assemblyperson Ron Kim has proposed a decentralized contact tracing protocol and a blockchain-based public banking system for New Yorkers.

via CoinDesk

CryptoCurrency News: SEC Claims Brothers Lied About Digital Asset Fund Performance, Used Profits for Personal Use



The U.S. Securities and Exchange Commission (SEC) moved on Friday to halt an allegedly-fraudulent digital asset investment fund run by two Pennsylvania brothers.

via CoinDesk

CryptoCurrency News: Money Reimagined: Ethereum’s Renaissance Creates an Opportunity – And a Major Test



With DeFi and ETH-backed stablecoins booming, and the ETH 2.0 scaling upgrade imminent, the Ethereum community is gaining near-unstoppable momentum.

via CoinDesk

CryptoCurrency News: Blockchain Bites: COMP x2, Reddit Scales and Factom Goes Bankrupt



The COMP governance token is seeing massive gains and potential listings on Coinbase Pro and CoinFlip, while Reddit looks to scale its Ethereum-based project.

via CoinDesk

CryptoCurrency News: Kin Community Approves Move From Stellar Fork to Solana’s Blockchain



Devs, node operators and the Kin Foundation board have approved its move from a fork of the Stellar blockchain to Solana's network.

via CoinDesk

CryptoCurrency News: OpenZeppelin Discloses ‘High Severity Vulnerability’ in DeFi Wallet Argent



A “high severity vulnerability” was found and patched in Ethereum wallet Argent, according to leading white-hat hackers OpenZeppelin.

via CoinDesk

CryptoCurrency News: Bitcoin News Roundup for June 19, 2020



With BTC miners HODLing, Reddit dreaming big and a crypto card issuer missing billions of dollars and drawing comparisons to Enron, CoinDesk's Markets Daily is back with another Bitcoin news roundup.

via CoinDesk

CryptoCurrency News: First Mover: Compound’s COMP Token More Than Doubles in Price Amid DeFi Mania



Compound's new COMP token is only five days old but its price is soaring. Observers tie the rally to speculation over the future growth of decentralized finance.

via CoinDesk

CryptoCurrency News: The Zcash Privacy Tech Underlying Ethereum’s Transition to Eth 2.0



Ethereum’s consensus algorithm is not the only thing changing with the launch of Eth 2.0. The underlying cryptography itself is getting an overhaul.

via CoinDesk

CryptoCurrency News: Outflow of Bitcoin From Miners at Lows Not Seen Since 2010



Miner outflows of bitcoin have dropped to decade lows, with analysts saying a hoarding mentality and a drop in issuance after the halving are responsible.

via CoinDesk

CryptoCurrency News: Blockchain Company Factom Inc. Files for Chapter 11 Bankruptcy



Factom Inc.'s board has presented a proposal for restructuring the business, which will now be assessed by the administrators.

via CoinDesk

CryptoCurrency News: Bitcoin SV President Hits Out at Binance as Former Critic Becomes Top Miner



An industry spat has kicked off after Binance's new pool became the biggest miner for BSV, despite the exchange delisting the token a year ago.

via CoinDesk

CryptoCurrency News: ParaFi Invests in Kyber Network as Buzz Grows Around DeFi Projects



ParaFi Capital, an investment firm focused on blockchain and DeFi, has invested in Kyber Network and will work with the project on adoption and governance.

via CoinDesk

CryptoCurrency News: Nomura-Backed Crypto Custody Venture Launches After 2 Years in the Works



CoinShares, Nomura Bank, and crypto security firm Ledger have formally launched a digital asset custody business targeting institutional investors.

via CoinDesk

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