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Friday, January 22, 2021

CryptoCurrency News: Bitcoin Exchange LVL Launches Mastercard Debit Card



The card can be used to spend crypto and fiat around the world.

via CoinDesk

CryptoCurrency News: Samsung Discussing $10B Chipmaking Facility in Texas: Bloomberg



Samsung plans for its foundry to manufacture 3nm chips.

via CoinDesk

CryptoCurrency News: At Least One Key Huobi Executive Is In Custody in China: Sources



The Chinese police appear to have intensified their crackdown on crypto exchanges’ OTC trading services in the last year.

via CoinDesk

CryptoCurrency News: Bitcoin News Roundup for Jan. 22, 2021



With bitcoin back above $30K and analysts calling for a deeper correction, CoinDesk’s Market’s Daily is back with the latest news roundup.

via CoinDesk

CryptoCurrency News: Singapore Exchange, Temasek Launch Digital Asset Business for Capital Markets



The new venture seeks to partner with fixed income issuance platforms for their post-trade infrastructure.

via CoinDesk

CryptoCurrency News: Ethereum’s Road to $2K: 3 Reasons to Be Bullish



Ether recently broke above $1,400 for the first time in two years. Here are three events that could push the price even higher.

via CoinDesk

CryptoCurrency News: Russia’s Sber Bank Files to Launch Its Own Stablecoin



Russia's largest retail bank has applied to become a licensed digital assets issuer.

via CoinDesk

CryptoCurrency News: BIS Plans Platform for Testing Central Bank Digital Currencies in Cross-Border Payments



The new platform was announced as part of the BIS Innovation Hub's priorities and programs for 2021.

via CoinDesk

CryptoCurrency News: MicroStrategy Buys the Dip, Adds $10M to Bitcoin Treasury



CEO Michael Saylor bought the coins for an average price of $31,808.

via CoinDesk

CryptoCurrency News: First Mover: Bitcoin Newbies Get Volatility Lesson as Old Pros Lament FUD



A mixture of bearish price-chart patterns and ill-understood news items combined to cause bitcoin's biggest price plunge since March, in a demonstration to market newcomers of the cryptocurrency's notorious volatility.    

via CoinDesk

CryptoCurrency News: Tether’s Bank Deltec Says Stablecoin Is Fully Backed by Reserves



"Every tether is backed by a reserve and their reserve is more than what is in circulation," said Gregory Pepin, Deltec Bank's deputy CEO.

via CoinDesk

CryptoCurrency News: OKCoin to Integrate Bitcoin’s Lightning Network in Q1



The feature, added to alleviate fee pressure during Bitcoin’s bull market, could be live within a month's time.

via CoinDesk

CryptoCurrency News: Social Networks Are the Next Big Decentralization Opportunity



We have the core tech to enable radically more ethical and beneficial social media networks. Here's what we'll need.

via CoinDesk

CryptoCurrency News: Hut 8 Completes $11.8M Financing for New Bitcoin Mining Machines



The new machines will add 475 PH/s to Hut 8's hash power.

via CoinDesk

CryptoCurrency News: Grayscale May Have Laid Groundwork for 5 More Potential Crypto Trusts



Trusts for Chainlink, Basic Attention Token, Decentraland, Livepeer and Tezos were all recently registered in Delaware.

via CoinDesk

CryptoCurrency News: Bitcoin Faces Further Losses Before Rally Restarts, Say Analysts



Despite a bounce earlier on Friday, bitcoin may yet see further losses in the near term.

via CoinDesk

CryptoCurrency News: Class Action Filed Against Listed Bitcoin Miner Bit Digital Over Fraud Allegations



Defendants allege the mining company made false and/or misleading statements and failed to disclose the true extent of its mining operations.

via CoinDesk

CryptoCurrency News: 30 Charged in Japan With Trading $96M-Worth of Crypto Stolen in Coincheck Hack



The around 30 individuals are suspected to have traded cryptocurrency stolen during the $560 million exchange hack in 2018.

via CoinDesk

CryptoCurrency News: Digital Asset Manager Komainu to Provide Custody of Crypto Seized by UK Police



Komainu will be responsible for providing police across the U.K. with a more "robust" means to store cryptocurrencies.

via CoinDesk

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