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Monday, June 22, 2020
CryptoCurrency News: Cred Taps Former NSA, Western Union Bosses for Leadership Team
Crypto lender Cred is bolstering its technical knowledge by bringing on an experienced CISO and CTO.
via CoinDesk
CryptoCurrency News: Liquidity on Bitcoin Perpetuals Exchange FTX Catches Up to Industry Leader BitMEX
On a relatively new exchange like the Antigua-based FTX, the order book depth, as represented by the number of buy and sell orders at each price, now matches the depth seen on industry leader BitMEX.
via CoinDesk
CryptoCurrency News: PayPal, Venmo to Roll Out Crypto Buying and Selling: Sources
Fintech giant PayPal plans to roll out direct sales of cryptocurrency to its 325 million users, according to three people familiar with the matter.
via CoinDesk
CryptoCurrency News: Blockchain Bites: Bitmain’s $4B Valuation, Cambodia’s CBDC and BTC-e’s Bust
Bitmain's ousted co-founder is offering to buy his rival out of the company at a $4B valuation, significantly less than at the company's height.
via CoinDesk
CryptoCurrency News: Bitcoin News Roundup for June 22, 2020
With gold up and the price of bitcoin treading water, today we're talking academic piracy and Cambodia's blockchain plot to escape the dollar.
via CoinDesk
CryptoCurrency News: The Big Thing Holding Back India’s Crypto Boom
India's crypto industry shows potential, but it continues to be held back by a lack of regulatory clarity, particularly around exchange-banking relationships.
via CoinDesk
CryptoCurrency News: Fed Economists Call Fears of Original Libra Stablecoin ‘Overstated’
Economists at the Federal Reserve suggest that Libra – in its original, basket-backed stablecoin form – might not have had as severe an impact on financial stability as policymakers suggested last year.
via CoinDesk
CryptoCurrency News: DeFi Hedging Startup Opyn Raises $2.16M From Dragonfly Capital, 1kx
Opyn, a hedging instrument for decentralized finance (DeFi) has closed a $2.16 million funding round led by Dragonfly Capital.
via CoinDesk
CryptoCurrency News: BlackBerry and Intel Tackle Cryptojacking Malware With New Detection Tool
BlackBerry and Intel are hoping to halt cryptojacking attempts on Intel's commercial PCs with a new mining malware detection tool.
via CoinDesk
CryptoCurrency News: The Tokenization Revolution Starts With Gold
Gold is a traditional safe harbor in a crisis and the blockchain-based version is a good way to start taking advantage of tokenization.
via CoinDesk
CryptoCurrency News: First Mover: XRP Just Isn’t Exciting Crypto Traders This Year
It's been a second straight year of disappointment for the XRP token from Ripple, which has stagnated as other big cryptocurrencies have seen big rallies.
via CoinDesk
CryptoCurrency News: Crypto Trading Platform CrossTower Raises $6M in Seed Round
CrossTower has raised $6 million in seed funding, with entrepreneur Gerard Lopez leading the round.
via CoinDesk
CryptoCurrency News: Bitcoin Sees Small Gain as Gold Rallies to One-Month High
Bitcoin is reporting moderate gains on Monday as gold, a safe haven asset, rallies amid renewed coronavirus concerns.
via CoinDesk
CryptoCurrency News: UK Financial Watchdog Warns Crypto Firms to Register Before End of June
The Financial Conduct Authority wants six months to review and ask follow-up questions to crypto businesses applying to operate in the U.K.
via CoinDesk
CryptoCurrency News: Polkadot Is Latest Blockchain to Explore Redeemable Bitcoin Tokens
It's only a proof-of-concept at this point, but there's now a model for locking BTC on the Bitcoin blockchain and minting PolkaBTC on Polkadot.
via CoinDesk
CryptoCurrency News: Bitcoin Rises to $9.6K as Stocks Cheer Additional US Stimulus Plans
A fresh stimulus "bazooka" from the Fed Reserve and the U.S. government lifted prices for both stocks and bitcoin.
via CoinDesk
CryptoCurrency News: Fireblocks Adds Crypto-Tracing Tool to Guard Against Money Laundering
Fireblocks has teamed up with Chainalysis to help flag high-risk transactions passing through its platform.
via CoinDesk
CryptoCurrency News: New Zealand Police Seize $140M Linked to Alleged BTC-e Exchange Operator
The bank funds are said to be linked to Russian Alexander Vinnik, who allegedly ran the defunct crypto exchange BTC-e.
via CoinDesk
CryptoCurrency News: Bitmain Co-Founder Offers Share Buyback at $4B Valuation to End Power Struggle
The offer seems an apparent effort to bring about negotiations that could end the divisions that have been tearing the company apart.
via CoinDesk
CryptoCurrency News: Blackballed by PayPal, Scientific-Paper Pirate Takes Bitcoin Donations
Bitcoin has been used by outlaws of all sorts, but this time the outlaw is a young scientist from Kazakhstan breaking through the paywalls of academic journals.
via CoinDesk
CryptoCurrency News: Securitize’s Japan Subsidiary Becomes First International Firm to Join Self-Regulatory Group
Securitize Japan joined the Japan Security Token Offering Association, becoming the first international firm to do so.
via CoinDesk
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