CryptoCurrency News: Bitcoin Is Good for PayPal, but Is PayPal Good for Bitcoin?

PayPal's embrace of crypto brings a potential 345 million people into the ecosystem. But where banks go, regulators follow.

via CoinDesk

CryptoCurrency News: Wasabi Wallet 2.0 Will Offer Automatic CoinJoins by Default to Boost Privacy

One of the main Wasabi Wallet 2.0 improvements is not just to the CoinJoin design through WabiSabi, but also its usability. We could see it debut in about nine months.

via CoinDesk

CryptoCurrency News: FTX Looking to List ‘Beacon Chain’ Ether as Deposit Contract Goes Live

Exchanges may consider markets for “Beacon chain ether” – that is, ether that’s been staked in the Ethereum 2.0 deposit contract.

via CoinDesk

CryptoCurrency News: Court Enters $900K Judgment Against Crypto Ponzi Scammer on Behalf of CFTC

Venture Capital Investments Ltd. raised $534,829 from 72 victims, falsely promising to invest funds in bitcoin and other assets.

via CoinDesk

CryptoCurrency News: Market Wrap: Bitcoin Jumps to $14.2K; Ethereum Gas Usage Grows 113% YTD

Bitcoin’s price bounced Wednesday as Ethereum transaction fee data shows a DeFi downturn.

via CoinDesk

CryptoCurrency News: ErisX Unit Gets CFTC ‘OK’ to Clear Fully Collateralized Swaps

The clearing arm of ErisX got CFTC approval to diversify beyond digital currencies.

via CoinDesk

CryptoCurrency News: ‘Economics Will No Longer Be the Handmaiden of Politics’: A History of the Cypherpunks, Feat. Jim Epstein

An enlightening conversation with Reason’s Jim Epstein, who just released a four-part YouTube documentary on the cypherpunk movement.

via CoinDesk

CryptoCurrency News: US Prosecutors Seek ‘Substantial’ Prison Sentence for Centra Tech Co-Founder in $25M Fraud Token Sale

According to court documents, U.S. federal prosecutors are asking that one of Centra Tech’s co-founders, Robert Farkas, be sentenced to prison instead of his request for home confinement and community service.

via CoinDesk

CryptoCurrency News: 4 Charts Showing Why Financial Advisers Should Care About Bitcoin

From a hedge against inflation to its uncorrelated relationship with stocks, advisers have plenty of reasons to be interested in bitcoin.

via CoinDesk

CryptoCurrency News: FTC Sending More Than $470K to People Duped by Bitcoin Funding Team, My7Network Scams

Most of the the participants in the schemes failed to recoup their initial investments, the FTC said.

via CoinDesk

CryptoCurrency News: Crypto.com: We Got the Highest Ratings on Privacy, Security Based on US Standards

The crypto exchange and finance platform said it got high ratings for privacy and security using standards developed by a U.S. government agency.

via CoinDesk

CryptoCurrency News: Blockchain Bites: Ethereum 2.0’s Deposit Contract Goes Live as ETH Miner Revenues Dwindle

Ethereum stakers can now begin depositing the 32 ether (ETH) required to stake on Eth 2.0.

via CoinDesk

CryptoCurrency News: $14.1K: Bitcoin Breaks New 2020 High With US Election Still Undecided

Bitcoin has broken fresh 2020 highs as uncertainty remains in the U.S. presidential election.

via CoinDesk

CryptoCurrency News: Ethereum 2.0 Countdown Begins With Release of Deposit Contract

Ethereum 2.0’s deposit contract is now live, heralding the imminent unveiling of the "world computer's" second act.

via CoinDesk

CryptoCurrency News: First Mover: Just Another Day for Bitcoin as US Election Slides Into Discord, Division

Prediction markets show Trump losing, though bitcoin bulls didn't get Democratic "blue wave" that might have brought speedy stimulus package.

via CoinDesk

CryptoCurrency News: Razor Network Raises $3.7M to Prove There’s Room for More Oracles in DeFi

Razor Network raised $3.7 million in seed funding from NGC Ventures, Alameda Research and Mariano Conti, the former oracles chief at MakerDAO.

via CoinDesk

CryptoCurrency News: Chinese Payments Giant UnionPay to Support Crypto Spending With New Virtual Card

The world's biggest credit and debit card company will support payments with a South Korea-developed cryptocurrency for an upcoming virtual card offering.

via CoinDesk

CryptoCurrency News: ‘Digital Mercenaries’: Why Blockchain Analytics Firms Have Privacy Advocates Worried

Blockchain surveillance highlights the tension between further crypto transparency that encourages wider adoption and its cypherpunk roots.

via CoinDesk

CryptoCurrency News: Binance Recovers $344K From Scam DeFi Project That Launched on Its Platform

Having raised the funds at launch on Binance Smart Chain in October, the operator fled with users' cryptocurrency "within an hour," Binance said.

via CoinDesk

CryptoCurrency News: Nearly $1B in Bitcoin Moves From Wallet Linked to Silk Road

A wallet possibly belonging to early darknet market Silk Road moved almost $1 billion-worth of bitcoin early on Wednesday.

via CoinDesk

CryptoCurrency News: Australian Senator Touts Blockchain Tech for ‘One-Touch’ Government

An Australian senator has come out as a big fan of blockchain, saying the technology could help facilitate government processes, tighten up financial regulation and more.

via CoinDesk

CryptoCurrency News: Bitcoin Drops as Trump Threatens to Stop Vote Counting

Bitcoin fell after President Trump alleged "fraud” in the presidential election and pledged to stop vote counting.

via CoinDesk