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Tuesday, September 8, 2020
CryptoCurrency News: Venezuela Blocks Access to Coinbase and Remittance Service MercaDolar
Venezuela has blocked access to Coinbase and MercaDolar, cryptocurrency and fiat remittance platforms respectively, alongside two VPN providers.
via CoinDesk
CryptoCurrency News: NYAG Asks Court for New Order to Make Bitfinex Turn Over Tether Loan Documents
The New York Attorney General's office wants Tether and Bitfinex to immediately turn over documents detailing a $900 million line of credit.
via CoinDesk
CryptoCurrency News: Most New Customers at Japanese Exchange BitFlyer Are in Their 20s
More than 30% of new customers at bitFlyer, a major Japanese crypto exchange, are in their 20s, the exchange said.
via CoinDesk
CryptoCurrency News: Arca to Gnosis: Show Us a Turnaround Plan or Give Investors’ Money Back
In addition to wads of cash and the aura of respectability, institutions are bringing Wall Street’s activist investing strategies to crypto markets.
via CoinDesk
CryptoCurrency News: Market Wrap: Bitcoin Hangs Around $10K; Locked DeFi Value Drops
Bitcoin price saw little action on Tuesday. Meanwhile, the value of crypto locked in DeFi has gone down for the first time.
via CoinDesk
CryptoCurrency News: What Is Yearn Finance? The DeFi Gateway Everyone Is Talking About
Some $650 million has poured into Yearn.Finance since mid-August. Can Yearn and its YFI token be the mass-market gateway to DeFi?
via CoinDesk
CryptoCurrency News: CoinDesk 20 Update: OXT Is In, BAT Is Out
The CoinDesk 20 has made its first change since launching in July: Orchid (OXT) has replaced the Basic Attention Token (BAT).
via CoinDesk
CryptoCurrency News: Why Bitcoin Investors Aren’t Worried About This Price Pullback
Critiques of correlation between bitcoin and equities miss the fact that bitcoin adoption within traditional markets has been driven by a fiat collapse concern.
via CoinDesk
CryptoCurrency News: Banks Are Toast but Crypto Has Lost Its Soul
In becoming a high-risk, high-yield playground for dollar investors, the cryptocurrency world sold its soul, says our columnist.
via CoinDesk
CryptoCurrency News: DeFi’s Good, Bad and Ugly
Have we forgotten the ICO craze and how long it took to revitalize the crypto industry's image?
via CoinDesk
CryptoCurrency News: Bitcoin Mining Equipment Maker Canaan Sets $10M Buyback Program
The board of directors of bitcoin mining manufacturer Canaan approved a buyback program Monday for its lagging shares.
via CoinDesk
CryptoCurrency News: Blockchain Bites: Is DeFi an Inside Deal?
SushiSwap's creator cashed out, BTC options traders remain bullish and data indicates people are "buying the dip."
via CoinDesk
CryptoCurrency News: Bitcoin News Roundup for Sept. 8, 2020
With investors buying the bitcoin dip and staying bullish on options, CoinDesk’s Markets Daily is back for your latest crypto news roundup!
via CoinDesk
CryptoCurrency News: Visa Adds Crypto Lender Cred to Fast Track Payments Program
Decentralized lending platform Cred is the latest crypto firm to join Visa’s Fintech Fast Track Program with the goal of scaling faster.
via CoinDesk
CryptoCurrency News: Diginex Raises $20M Ahead of SPAC Listing on Nasdaq
Diginex, the firm behind the newly launched EQUOS.io crypto exchange, has raised $20 million ahead of an anticipated Nasdaq listing later this month.
via CoinDesk
CryptoCurrency News: DeFi Meets Universal Basic Income With Just-Launched Project From eToro
eToro's GoodDollar initiative will provide a universal basic income for some of the world's poorest by incentivizing people to yield farm on its platform.
via CoinDesk
CryptoCurrency News: European Crypto Exchange Falls Victim to $1.6M Hack
Slovakia's Eterbase said early on Tuesday that hackers had managed to steal a total of $1.6 million in various cryptocurrencies.
via CoinDesk
CryptoCurrency News: Ukraine Leads Global Crypto Adoption, Chainalysis Says in New Report
Ukraine, Russia and Venezuela are the top three countries by crypto adoption in the world, according to Chainalysis.
via CoinDesk
CryptoCurrency News: Fireblocks, X-Margin Partner to Offer Institutions Cross Margin Trading in Crypto Derivatives
The firms will leverage privacy enhancing zero-knowledge proof technology to enable institutional trading firms to cross margin and bilaterally trade derivatives from a single pool of collateral.
via CoinDesk
CryptoCurrency News: First Mover: SushiSwap’s Billion-Dollar ‘Rug Pull’ Is Thriller to Crypto Geeks
The "Sushi rug pull" is a gripping drama in the fast-moving arena of decentralized finance, which apparently is still limited to crypto geeks.
via CoinDesk
CryptoCurrency News: European Crypto Tax Companies Announce Merger to Power US Expansion
The merger means Blockpit and Crypto Tax can look at taking their newly combined regtech offering to the lucrative U.S. market
via CoinDesk
CryptoCurrency News: Bithumb Exchange’s Offices Raided Again by Korean Authorities: Report
Local officials are said to have raided Bithumb's offices for the second time in a week as part of a fraud investigation.
via CoinDesk
CryptoCurrency News: Bitcoin Options Suggest Investors Hedging but Still Long-Term Bullish
Bitcoin's options market retains long-term bullish bias despite the recent price pullback, data shows.
via CoinDesk
CryptoCurrency News: DeFi Is Hot but Retail Interest Nowhere Close to ICO Frenzy
It may be too early to draw parallels between the DeFi explosion and the ICO bubble of two years ago.
via CoinDesk
CryptoCurrency News: Bitfinex Invests in Derivatives Exchange Built With Bitcoin’s Lightning Network
The raise came after the new trading platform reached nearly $10 million in aggregate trading volume.
via CoinDesk
CryptoCurrency News: QuadrigaCX Users’ Law Firm Launches Blockchain Analytics Investigation
Miller Thomson, the law firm representing QuadrigaCX's former users, has hired Kroll and Coinfirm to conduct blockchain sleuthing services.
via CoinDesk
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