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Updated: 1 hour 34 min ago

Former US Treasury Secretary Larry Summers Expects ‘A Ton of Innovation’ Around Stablecoins

Fri, 07/03/2020 - 13:11
Former U.S. Treasury Secretary Lawrence Summers praised stablecoins last week, saying he sees use cases in cross-border transactions as one example.

Search For Yield Drives Ether’s Put-Call Ratio to One-Year High

Fri, 07/03/2020 - 11:50
Ether's put-call open interest ratio has jumped to 12-month highs. However, this increase is not necessarily a bearish signal.

Russian Courts Can’t Agree on Whether Crypto Is Property

Fri, 07/03/2020 - 11:22
A Russian court convicted two men for extortion, but did not force them to return over $900,000 in crypto since they have no legal definition as property. Other courts have taken a different view.

Money Reimagined: Bitcoin and Ethereum Are a DeFi Double Act

Fri, 07/03/2020 - 11:14
With bitcoin increasingly riding on Ethereum's rails, we're about to see greater complementarity between the top two blockchains.

Coinbase Custody to Allow Secure Cardano Staking This Year

Fri, 07/03/2020 - 10:06
Cardano users will be able to securely stake their ADA tokens from inside Coinbase's cold storage.

German Regulator Had Just 1 Person Checking Wirecard’s $3.1B Books: Report

Fri, 07/03/2020 - 09:33
Germany's finance and accounting agencies seem to have missed their chance to spot a $2.1 billion black hole in Wirecard's accounts.

Bitcoin’s Price Correlation With S&P 500 Hits Record Highs

Fri, 07/03/2020 - 08:29
Bitcoin's correlation with the S&P 500 is somewhat erratic, but the relationship has just got stronger. That may not be bad news.

E-Gold Claims US Officials Buried Key Report in 2008 Landmark Crypto Ruling

Fri, 07/03/2020 - 07:30
A court filing alleges federal government suppression of an OFR review led to crypto businesses being defined as money transmitters.

Crypto Investment App B21 Expands to India

Fri, 07/03/2020 - 06:44
The Gibraltar-based company said the move was prompted by rising consumer interest and trading volumes in the nation after a ban on banking services for cryptocurrency firms was lifted.

Cardano Developer IOHK Launches $20M Fund for Ecosystem Startups

Fri, 07/03/2020 - 06:09
The cFund will invest anywhere between $250,000 and $500,000 into startups and small businesses using Cardano or IOHK tech initiatives.

Singapore Man Fined $72K for Promoting Crypto Ponzi OneCoin

Fri, 07/03/2020 - 04:23
Police said the man is the first to be charged under the Multi-Level Marketing and Pyramid Selling (Prohibition) Act.

Swiss Bank InCore Enables Euro On-Ramp for Crypto Exchange Kraken

Fri, 07/03/2020 - 02:00
The move comes at a time when traders are seeking alternative sources of capital value during an "uncertain macroeconomic climate."

There Are More DAI on Compound Now Than There Are DAI in the World

Thu, 07/02/2020 - 19:42
The amount of DAI deposited on Compound skyrocketed by more than $140 million on Thursday – somehow exceeding the total amount of DAI in existence.

Market Wrap: Bitcoin Briefly Breaks Below $9K, but Markets Remain Comatose

Thu, 07/02/2020 - 16:24
Bitcoin briefly broke below $9,000 on Thursday, but the markets remain quiet.

DeFi Insurer Nexus Mutual Maxed Out by Yield-Farming Boom

Thu, 07/02/2020 - 15:36
Nexus Mutual is seeing a surge in demand. "Our product has honestly seen massive interest since yield farming kicked off," said founder Hugh Karp.

Bitcoin Miners Saw 23% Revenue Drop in June

Thu, 07/02/2020 - 15:14
Bitcoin mining revenue dropped 23% in June to approximately $380 million.

Why the Robinhood Revolution Is the Future of Finance, Feat. Jill Carlson

Thu, 07/02/2020 - 15:00
Far from a fly-by-night, uneducated mania, the new day trader class represents a much more significant force for how public markets are changing.

Bitcoin News Roundup for July 2, 2020

Thu, 07/02/2020 - 13:45
With traditional markets moving up and BTC sticking to its recent tight trading range, Markets Daily is back with another bitcoin news roundup.

Blockchain Bites: BlockFi’s Revenue, DEX Volume and a Wallet Bug

Thu, 07/02/2020 - 13:16
A federal appeals court effectively said blockchain data is not protected under the Fourth Amendment while decentralized exchange volume explodes.

The IRS Wants to Know More About Privacy-Enhancing Crypto Coins, Tools

Thu, 07/02/2020 - 13:06
America's tax collector is laying the groundwork for a possible assault on privacy-enhancing cryptocurrency technologies.

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