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Friday, November 27, 2020
CryptoCurrency News: Ripple Is Cashing Out a Third of Its Stake in Surging MoneyGram
It is its first such sale of MoneyGram stock since the startup invested in the remittance giant in 2019.
via CoinDesk
CryptoCurrency News: Curve Finance Votes to Disperse $3M in Fees to Governance Token Holders
The community vote was an exercise in decentralized governance for a protocol not unfamiliar with meeting community demands.
via CoinDesk
CryptoCurrency News: Bitcoin’s Carnivore Cult Is Both Stupid and Correct
Do Bitcoin fans gravitate toward steak so often because they view themselves as cowboys, or because they’re just health-conscious?
via CoinDesk
CryptoCurrency News: NYT Reveals Claims of ‘Racist or Discriminatory’ Treatment of Employees at Coinbase
The NYT critique of Coinbase’s internal diversity policies quotes former employees who complain of “racist or discriminatory” treatment.
via CoinDesk
CryptoCurrency News: ENCORE: Luke Gromen on the History and (Declining) Future of the Global Dollar System
As some start to wonder about a post-Bretton Woods economic system, macro analyst Luke Gromen explains how that post-World War II system came to be.
via CoinDesk
CryptoCurrency News: Crypto Custodian Copper Aims to Bridge Gap Between DeFi and Traditional Finance With New Tool
The new tool, CopperConnect, covers the "DeFi lifecycle" as an asset moves from custody to smart contract and back.
via CoinDesk
CryptoCurrency News: Industry Pros Weigh In on Rumors of New Crypto Wallet Regulations
From shorter consultations to insider comments, recent rumors about U.S. regulation of private crypto wallets have some compelling context.
via CoinDesk
CryptoCurrency News: Bank of Russia Fields Banking Industry Concerns Over Digital Ruble Proposal
Russian banks fear being left out of the central bank's proposed digital currency system, according to a report.
via CoinDesk
CryptoCurrency News: Canada-Listed Investment Firm Sells All Its Ether, Monero to Buy More Bitcoin
Cypherpunk Holdings says it financed additional bitcoin purchases with the "full liquidation" of positions in monero and ether.
via CoinDesk
CryptoCurrency News: Huobi-Branded Crypto Exchange Launches for Malaysian Market
Huobi Labuan said it's been licensed in Malaysia for a nine-month trial period of cryptocurrency spot and derivatives trading services.
via CoinDesk
CryptoCurrency News: Quick Bitcoin Price Recovery Looks in Doubt as Whales Move Coins Onto Exchanges
"Whales are transferring bitcoin to exchanges. The cryptocurrency may trade in a sideways-to-negative manner," said one analyst.
via CoinDesk
CryptoCurrency News: Chinese Authorities Have Seized a Massive $4 Billion in Crypto From PlusToken Scam
Cryptocurrencies worth billions of dollars have been seized during the police crackdown on the PlusToken Ponzi scheme in China.
via CoinDesk
CryptoCurrency News: Crypto Exchange Upbit Brings in Withdrawal Delay in Bid to Tackle Fraudsters
The South Korea-based exchange has announced a 24-hour cryptocurrency withdrawal delay in an effort to protect user accounts from malicious attacks.
via CoinDesk
CryptoCurrency News: China’s Xi Asks ASEAN Nations to Join in Building of ‘Digital Silk Road’
Xi Jinping pushed for digitally enhanced trade among Southeast Asian nations in a keynote at the China-ASEAN Expo on Friday.
via CoinDesk
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