News Roundup

News Roundup

Blockchain Bites: Ethereum Classic Attacked, Electrum Wallet Drained and Taxable Microtasks

Signature Bank gave out dozens more PPP loans to crypto firms than previously known, Ethereum Classic has suffered another 51% attack and a digital yuan wallet went live and disappeared.

News  ·  31 August 2020
News Roundup

Blockchain Bites: Winklevoss’ Wild Prediction, Bitcoin Miners’ Horde, Ethereum’s ‘Critical Bug’

Mongolian authorities have limited cheap electricity for crypto miners, Venezuela is seeing crypto use outside government-approved exchanges and a “critical bug” has left 13% of Ethereum nodes useless.

News  ·  28 August 2020
News Roundup

Blockchain Bites: What Rising Inflation Could Mean for Bitcoin and the US Dollar

Bitcoin is a tool to avoid police extortion in Nigeria, centralized social media is being censored amid Thai protests and what Powell's address means for bitcoin.

News  ·  27 August 2020
News Roundup

Blockchain Bites: Major Acquisitions, Bitcoin Futures Liquidations and the SEC’s New Rules

FTX acquired Blockfolio, ConsenSys acquired Quorum and police have seized the third largest exchange in South Korea.

News  ·  26 August 2020
News Roundup

Blockchain Bites: Bitcoin’s ‘Rich List,’ Ethereum’s Volatility, DeFi’s Shakeup

The number of addresses on Bitcoin’s “rich list" is reaching new highs while another firm is putting its cash reserves into bitcoin, not a bank account.

News  ·  25 August 2020
News Roundup

Blockchain Bites: Aave’s Advance, BitMEX’s Block, Turkey’s Bitcoin Trot

Turkey is in a bitcoin bull run, a Fed branch is studying blockchains to possibly support a "digital dollar" and Aave unleashed unsecured borrowing on DeFi.

News  ·  24 August 2020
Bitcoin

Blockchain Bites: Bitcoin’s Weary Bulls, ETC’s Action Plan, INX’s IPO

INX is gearing up for a landmark IPO while 1 billion tether jumped from Tron to Ethereum.

News  ·  21 August 2020
News Roundup

Blockchain Bites: Ethereum’s Fees, Bitcoin’s Pullback, Ren’s Great Week

Stablecoin demand may become unbalanced if traders ditch a “market-neutral strategy" while Ethereum gas fees drive Tether to adopt a new rail.

News  ·  20 August 2020
News Roundup

Blockchain Bites: Bitcoin in Space; Prime Brokerage Race; Nodes You Can’t Trace

The OCC's door is open for banks looking to discuss getting involved in crypto services, a Russian bank issued a token-backed loan and bitcoin has been sent from space.

News  ·  19 August 2020
News Roundup

Blockchain Bites: Hashrates Drop, Bitcoiners Hodl and an Open Letter to Bankers

Floods are dampening bitcoin mining hashrates, Ethereum Classic may be thrown off its most liquid exchange and bitcoin is moving off exchanges.

News  ·  18 August 2020
News Roundup

Blockchain Bites: Bitcoin on DeFi and DeFi on Bitcoin

More bitcoins are being tokenized than mined, DeFi is coming to the Bitcoin system and a former Prudential Securities CEO thinks crypto is a safe bet.

News  ·  17 August 2020
News Roundup

Blockchain Bites: Ripple’s Rebuff, DeFi’s ‘Degens’ and China’s CBDC

Both the U.S. and China are advancing on their central bank digital currency (CBDC) designs while a Bitcoin developer created a new programming language.

News  ·  14 August 2020
News Roundup

Blockchain Bites: Coinbase’s Loans, Ethereum’s Fees, YAM’s Bug

Ethereum fees and miners' profits are at all-time highs. Coinbase is offering bitcoin-backed loans and the Tor Network is subject to a crypto scam.

News  ·  13 August 2020
News Roundup

Blockchain Bites: Avanti’s New Money, DeFi Deepens and ‘How Much Ether?’

Caitlin Long has a new take on money. Russia wants to de-anonymize crypto. And Coinbase wins in court.

News  ·  12 August 2020
News Roundup

Blockchain Bites: MicroStrategy’s $250M Bitcoin Bet, India Booms, Banks Open to Custody

MicroStrategy bets $250 million on Bitcoin's safe haven thesis. Indian crypto is booming. And David Marcus has a new role at Facebook.

Markets  ·  11 August 2020