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Thursday, October 29, 2020
CryptoCurrency News: Leaked Docs Reveal How Binance Dealt With US Regulations: Report
Crypto trading colossus Binance created a corporate plan for profiting from the U.S. market while avoiding regulatory scrutiny, Forbes reported Thursday, citing a 2018 document it obtained.
via CoinDesk
CryptoCurrency News: Harvest Finance Boosts Bounty to $1M for Information Leading to Return of Exploited Funds
Harvest Finance is offering $1 million for information leading to the return of funds from Monday's $24 million exploit.
via CoinDesk
CryptoCurrency News: Mirage Recovery: What ‘Record’ GDP Growth Tells Us About the Economy
The Department of Commerce’s new report shows 33.1% annualized GDP growth in Q3, but does this really tell us much about the state of the economy?
via CoinDesk
CryptoCurrency News: ‘Flash Loans’ Have Made Their Way to Manipulating Protocol Elections
BProtocol used a flash loan to speed up election results on MakerDAO. The DeFi platform is now weighing changes to its voting process.
via CoinDesk
CryptoCurrency News: Audius, the ‘Decentralized Spotify,’ Is Moving Part of Its Service to Solana Blockchain
Decentralized music app Audius announced Thursday that it will migrate its content management system over to Solana’s high-speed blockchain from an Ethereum sidechain operated by the POA Network that runs on a set of trusted validators. Audius occupies a similar space to popular music players like Pandora or Spotify, but it allows artists to set […]
via CoinDesk
CryptoCurrency News: US Charges Stanford Crypto Group Director With Defrauding His Former Employer – the Fed
Lawrence Rufrano allegedly hid his work at Stanford and blockchain startup Factom from disability benefits regulators.
via CoinDesk
CryptoCurrency News: Bitcoin Transaction Fees Rise to 28-Month High as Hashrate Drops Amid Price Rally
The cost of doing transactions on bitcoin is surging at a time the network is suffering its worst congestion in nearly three years.
via CoinDesk
CryptoCurrency News: Blockchain Bites: Coinbase’s Card, Avanti’s Approval, FTX’s Fractional Stocks
Meanwhile, The Graph's $12 million raise is one in a line of many public token sales this year.
via CoinDesk
CryptoCurrency News: Crypto and Fintech Share Goals: They Should Talk
The missions of programmable money and autonomous finance overlap, so it's surprising people from crypto and fintech don't collaborate more.
via CoinDesk
CryptoCurrency News: Casa Rolls Out ‘Bank-to-Wallet’ Bitcoin-Buying Services for US Customers
The cryptocurrency custody startup announced on Thursday that users will now be able to buy bitcoin (BTC) on the Casa app using their bank accounts.
via CoinDesk
CryptoCurrency News: Huobi Beefs Up Venture Arm With Former DragonFly Partner Leading DeFi Investments
Alex Pack from DragonFly will Join Huobi to help invest "tens of millions of dollars" in decentralized finance.
via CoinDesk
CryptoCurrency News: Iran Amends Law to Allow Imports to Be Funded With Cryptocurrency
Strapped for international currencies, Iran is turning to cryptocurrency to allow imports to continue to flow.
via CoinDesk
CryptoCurrency News: New York’s Financial Regulator Wants Firms, Including Crypto Miners, to Look Closer at Climate Change Risks
The New York Department of Financial Services expects all firms, including virtual currency businesses, to start assessing climate change-associated financial risks.
via CoinDesk
CryptoCurrency News: Blockchain Firm Figment Raises $2.5M in Funding Round Led by Bonfire Ventures
Figment said the latest round will enable it to continue developing its blockchain staking, governance and developer tools.
via CoinDesk
CryptoCurrency News: First Mover: Bitcoin Falls as Covid Surges, ECB’s Lagarde Steps Up, US GDP Hits 33%
The enthusiasm jolt from bitcoin's ascent toward $14K ran into realism, and options traders see low probabilities of a new price record this year.
via CoinDesk
CryptoCurrency News: Fidelity Digital Assets Expands Crypto Custody Service to Asia
The cryptocurrency-focused arm of financial services giant Fidelity Investments is expanding its custody service through Singapore-based Stack Funds.
via CoinDesk
CryptoCurrency News: Voyager Digital Revenue Rises Over 1,000% on Increased Crypto Adoption
Publicly traded digital-asset brokerage Voyager Digital registered four-digit growth in revenue in the last fiscal year.
via CoinDesk
CryptoCurrency News: Bank of Canada Governor Says Digital Dollar Project Moving Past Trial Stage
Tiff Macklem said Canada's digital dollar initiative is progressing past the experimental phase and that the G7 needs to coordinate on digital currencies.
via CoinDesk
CryptoCurrency News: Bitcoin’s Options Market Sees Just 6% Chance of $20K Before Year’s End
At press time, bitcoin was seeing a 6% probability of bitcoin trading above the historical 2017 all-time high of $20,000 by the end of December.
via CoinDesk
CryptoCurrency News: FTX Launches Bitcoin Pairs for Top Stocks Like Amazon, Apple and Tesla
The crypto derivatives exchange has launched a novel way to trade the world's most popular stocks.
via CoinDesk
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