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Wednesday, February 3, 2021

CryptoCurrency News: Myanmar Military Blocks Facebook as Global Internet Disruptions Intensify



Internet disruptions are costly, but that doesn’t stop governments from shutting down access.

via CoinDesk

CryptoCurrency News: How Bitcoin’s Taproot Upgrade Will Improve Technology Across Bitcoin’s Software Stack



Scaling, privacy and custody software will all benefit from Bitcoin’s biggest upgrade in years.

via CoinDesk

CryptoCurrency News: CrossTower Launches Bitcoin Fund to Compete With Grayscale’s GBTC



The fund is starting out with $20 million in AUM, largely from family offices, and touts lower fees than the Grayscale Bitcoin Trust.

via CoinDesk

CryptoCurrency News: Bitcoin News Roundup for Feb. 3, 2021



With BTC trading in its recent range and a look at DeFi in a post-WallStreetBets world, CoinDesk’s Market Daily is back with the latest news roundup.

via CoinDesk

CryptoCurrency News: Miami Mayor Previews ‘Favorable’ Crypto Policy



In an interview with CoinDesk, Francis X. Suarez explains how he plans to attract the crypto industry to Florida.

via CoinDesk

CryptoCurrency News: Jack Ma’s Ant Group Agrees to Restructure After Pressure From China’s Regulators



Regulators have been clamping down on Ant Group, even cancelling its expected $35 billion twin IPO late last year.

via CoinDesk

CryptoCurrency News: Ruffer Turns Bitcoin Investment Into $750M Profit in Under 2 Months



"We did not expect immediate fireworks,” said a Ruffer executive.

via CoinDesk

CryptoCurrency News: The Block Founder Mike Dudas Takes Stablecoin Role at Paxos



The serial entrepreneur, payments veteran and pugnacious tweeter will focus on building Paxos' white-labeled stablecoin business.

via CoinDesk

CryptoCurrency News: Bitcoin Startup Casa Raises $4M Led by Fidelity-Linked Avon Ventures



Coinbase Ventures also joined the round.

via CoinDesk

CryptoCurrency News: First Mover: Bulls Are Back as Ether Hits All-Time High, Bitcoiners Hoard



GameStop comedown shows appeal of social media-fueled trading. Dogecoin chatter in Reddit reveals cryptocurrency analogue.

via CoinDesk

CryptoCurrency News: Bitcoin Miner Argo Blockchain Bought 172.5 BTC in January



With bitcoin trading near $36,500, the new holdings have a current value of over $6 million.

via CoinDesk

CryptoCurrency News: NFT Marketplace Rarible Closes $1.75M Seed Raise From 1kx, Coinbase Ventures



The startup will use the funds to build a DAO governance structure.

via CoinDesk

CryptoCurrency News: Uphold to Launch Crypto Card in Europe After Optimus Acquisition



The firm plans to start rolling out its multi-asset debit card on the Optimus platform in Europe "shortly."

via CoinDesk

CryptoCurrency News: Rare Sneaker App Switches From Ethereum to Hedera to Skip Blockchain Fees



At $80 for minting an NFT on Ethereum versus $1 on Hedera, it was a matter of cost, said SUKU.

via CoinDesk

CryptoCurrency News: Crypto Banking Company BCB Group Hires Former Coinbase UK CEO



Feroz will bring experience "built across the global payments and fintech industry," BCB Group said.

via CoinDesk

CryptoCurrency News: Valid Points: CoinDesk’s Ethereum 2.0 Validator Is Officially Staked



Ethereum developers met Tuesday to compare research on the eventual merge of Eth 1.x and Eth 2.0

via CoinDesk

CryptoCurrency News: Bitcoin Holders Have Now Stashed Away 15% of Circulating Supply



Continued accumulation of bitcoin by investors is causing market liquidity to drop and helping drive prices higher.

via CoinDesk

CryptoCurrency News: Visa Signals Further Crypto Ambitions With API Pilot for Bank Customers to Buy Bitcoin



Visa is working with Anchorage to allow customers at traditional banks to "buy and sell digital assets such as Bitcoin."

via CoinDesk

CryptoCurrency News: Binance Says It Wants to Get More People Using Crypto With Its New Payments Service



The beta Binance Pay product currently allows users to make and receive payments in five cryptocurrencies and the euro.

via CoinDesk

CryptoCurrency News: ErisX Exchange Asks CFTC to Approve Sports Bet Futures as ‘Risk Hedging’ Tools



If approved, three proposed futures contracts would be tied to the outcome of National Football League games.

via CoinDesk

CryptoCurrency News: Canadian Firm Files for Bitcoin ETF on Toronto Stock Exchange



The Accelerate Bitcoin ETF would list on the Toronto Stock Exchange under the ticker “ABTC.”

via CoinDesk

CryptoCurrency News: Guggenheim CIO Says Bitcoin Could Eventually Climb to $600,000



While bitcoin has potential to support a huge valuation long-term, currently there isn't enough institutional involvement, Said Scott Minerd.

via CoinDesk

CryptoCurrency News: US Navy Couple Charged With Selling 9,000 Stolen Identities for Bitcoin



Prosecutors allege the pair used their positions in the U.S. Navy to steal and sell personal information of 9,000 people.

via CoinDesk

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