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Friday, August 14, 2020
CryptoCurrency News: Market Wrap: Bitcoin Bounces to $11.8K as Ether Option Traders Go Bearish
Bitcoin broke through $11,800 Friday while traders are anticipating an ether fall based on the options market.
via CoinDesk
CryptoCurrency News: Newest DAO Project Was Thrown a Curve, but the Team Is Rolling With It Anyway
An anonymous DeFi user deployed Curve Finance’s DAO and token smart contracts without the team’s permission, but the Curve team is adopting it anyway.
via CoinDesk
CryptoCurrency News: Fortnite vs. Apple and Google Is the Internet’s First ‘World War’
What’s truly at stake in Epic Games' battle with Apple and Google is the power to shape and profit from the future of digital experiences.
via CoinDesk
CryptoCurrency News: A WeChat Ban Should Be the Moment for Decentralized Tech. But It’s Not.
President Trump’s threat to ban WeChat could disrupt the communication of millions of people. Decentralized technology is one solution, but will people really use it? Not necessarily, industry watchers say.
via CoinDesk
CryptoCurrency News: Lending Protocol Aave Eyes Tokenized Mortgages With Launch of V2
Tokenized mortgages may be coming to decentralized finance (DeFi) following Aave v2’s specification announcement Friday.
via CoinDesk
CryptoCurrency News: Money Reimagined: How a Dangerous Idea Could Work
Modern Monetary Theory, which says deficits don't matter, has some truth to it. But putting it into practice would be risky without modern controls.
via CoinDesk
CryptoCurrency News: Long-Time Analyst Bove Says Dollar’s Dominance Challenges Include Cryptocurrency
The noted says a possible end to U.S. dollar-ruled financial system "frightening, yet the probability is quite high."
via CoinDesk
CryptoCurrency News: Blockchain Bites: Ripple’s Rebuff, DeFi’s ‘Degens’ and China’s CBDC
Both the U.S. and China are advancing on their central bank digital currency (CBDC) designs while a Bitcoin developer created a new programming language.
via CoinDesk
CryptoCurrency News: Masternodes in Legal Limbo as Regulators Fail to Act
U.S. regulators have yet to issue clear guidance about whether masternode operators are breaking securities laws.
via CoinDesk
CryptoCurrency News: Bitcoin News Roundup for Aug. 14, 2020
With traditional finance and crypto traders both enjoying market madness, CoinDesk's Markets Daily is back with your latest crypto news roundup!
via CoinDesk
CryptoCurrency News: Crypto Exchange INX Plans $117M US IPO With Small Israeli Underwriter
Crypto exchange INX has told the SEC that its upcoming IPO will be underwritten by a relatively low-profile Israeli company called A-Labs.
via CoinDesk
CryptoCurrency News: Crypto Savings Accounts Are Coming to Fintech Firms That Use Wyre
Crypto payments startup Wyre is offering white-labeled savings accounts that dole out interest on crypto, the company announced Friday.
via CoinDesk
CryptoCurrency News: First Mover: As Wall Street Goes Topsy-Turvy, Crypto Traders Are Bullish as Ever
Crypto traders are enjoying their own version of the market’s madness, from bitcoin’s bull run to the collapse of Yam to Dave Portnoy.
via CoinDesk
CryptoCurrency News: CME Rises in Bitcoin Futures Rankings as Institutional Interest Grows
Institutional exchange CME has become the third-largest bitcoin futures exchange by number of open contracts.
via CoinDesk
CryptoCurrency News: Marathon Signs New $23M Contract with Bitmain for 10,500 Bitcoin Mining Rigs
The $23 million purchase will see Marathon's bitcoin mining capacity increase drastically, turning it into one of the largest miners in North America.
via CoinDesk
CryptoCurrency News: Singapore’s Central Bank Backs New Code of Practice for Crypto Companies
The guidance is aimed to assist regulatory compliance and enhance crypto industry conduct under the city-state's payment laws.
via CoinDesk
CryptoCurrency News: Ripple CEO Hits Out at Reports Claiming Firm Is Pivoting From Interbank Payments
The CEO of Ripple Labs, Brad Garlinghouse, has criticized the Financial Times for saying the XRP creator plans to move away from interbank payments.
via CoinDesk
CryptoCurrency News: Attorney Ordered to Pay Out $5.2M for Bitcoin Escrow Mishap
The New York attorney released the funds without authorization and lost investment firm Benthos Master Fund $4.6 million intended for a bitcoin purchase deal.
via CoinDesk
CryptoCurrency News: China to Launch Major Expansion of Digital Currency Trials
China is said to be planning additional testing of its digital yuan across a number of developed regions including Hong Kong.
via CoinDesk
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