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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.
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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.
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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.
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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.
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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.
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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.
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CoinDesk
CryptoCurrency News: Ruffer Turns Bitcoin Investment Into $750M Profit in Under 2 Months
"We did not expect immediate fireworks,” said a Ruffer executive.
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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.
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CoinDesk
CryptoCurrency News: Bitcoin Startup Casa Raises $4M Led by Fidelity-Linked Avon Ventures
Coinbase Ventures also joined the round.
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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.
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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.
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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.
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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."
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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.
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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.
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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
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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.
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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."
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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.
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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.
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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.”
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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.
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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.
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CoinDesk
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