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Bitcoin News Roundup for Jan. 13, 2021
13.1.2021
With BTC looking at gloomy short-term price predictions and altcoins on the rise, CoinDesk’s Market’s Daily is back with the latest crypto news roundup
Digital Asset Manager Arca Raises $10M
13.1.2021
Asset management firm Arca has announced Wednesday the closure of a $10 million Series A round of funding led by RRE Ventures. Read more: Arca Labs Launches Ethereum-Based SEC-Registered Fund
Ex-Ripple CTO Can’t Remember Password to Access $240M in Bitcoin
13.1.2021
Just call it Schrödinger's bitcoin
Compute North, Foundry Team Up to Target North American Bitcoin Miners
13.1.2021
The partnership is designed to lower the high cost of entry for would-be bitcoin miners
BitMex turns to Chainalysis to solve legal woes, or at least soften the CFTC's blow
13.1.2021
If you can't beat 'em, join 'em? BitMex onboards more aggressive Chainalysis measures in advance of a response to the CFTC
Ledger Promises Funds Insurance As Client Data Leak Expands
13.1.2021
France-based major crypto hardware wallet manufacturer Ledger confirmed that Shopify hackers obtained Ledger customer personal information in April and June 2020.
"Along with forensic firm Orange Cyberdefense we were able to establish that it affects approximately 292,000 customers. While...
Yearn proposes “buyback and build” strategy for YFI holders
13.1.2021
Instead of receiving dividends, Yearn.finance would buy and redistribute tokens with protocol revenue
Bitcoiner Loses Password to 7,002 Bitcoins Worth $240 Million
13.1.2021
A bitcoiner has shared his story of how he lost access to his 7,002 bitcoins, worth about $240 million at the current price. He has lost the piece of paper on which he wrote his password and now has two guesses left before his device seizes up and encrypts its contents forever. 7,002 Bitcoins Worth...
CrossTower Launches Capital Markets Desk to Bring Institutions to Its Spot Exchange
13.1.2021
“Ultimately we end up with something that looks and feels a little bit like what you see in the prime brokerage space.”
First Mover: Don’t Like $34K Bitcoin? Stellar, Litecoin Yet to Conquer Old Highs
13.1.2021
Though bitcoin's rally has lost some steam, many traders are still in a bullish mood – and shifting to alternative cryptocurrencies known as "altcoins" whose prices have yet to clear all-time highs from years past.
US Navy Commissions $1.5M Blockchain System for Tracking Critical Weaponry
13.1.2021
Blockchain firm SIMBA Chain won a contract to build a system to anticipate demand for "critical" military weaponry parts
Another $1 billion wipeout: Why is Bitcoin seeing extreme price moves?
13.1.2021
Nearly $1 billion worth of Bitcoin futures contracts have been wiped out once again
Four cryptocurrency block reward halvings to look out for in 2021
13.1.2021
Could block reward halvings scheduled for the coming year prove beneficial for the valuations of these four cryptocurrencies?
Survey: 25% of crypto users not securing assets as well as they think
13.1.2021
Although 96% of exchange users utilize some form of 2FA, and 87% of hardware wallet users perform test transactions
New Bitcoin ETP Launches on Swiss Stock Exchange SIX
13.1.2021
The BTCetc bitcoin ETP (BTCE) tracks the price of bitcoin and is physically backed
Mastermind of $147 Million Crypto ‘Scam of Epic Proportions’ Sentenced to 10 Years in US Prison
13.1.2021
The mastermind of what the U.S. Department of Justice calls a scam of “epic proportions” has been sentenced to 10 years in prison. His crypto scheme collected over $147 million, duping 72,000 investors. He is also ordered to pay the U.S. Internal Revenue Service more than $1.8 million...
Bitcoin and Altcoins Setting Up For Next Move
13.1.2021
Bitcoin price is holding ground above the USD 33,500 and USD 34,000 support levels. BTC is showing positive signs, but it is still struggling to gain momentum above the USD 35,500 resistance level. It is currently (13:00 UTC) consolidating, with important hurdles near USD 35,000 and...
Arxnovum files Bitcoin ETF application with Canadian securities regulators
13.1.2021
Winklevoss’ Gemini Trust will act as a sub-custodian for the new Arxnovum Bitcoin ETF in Canada
ECB President Attacks Bitcoin Again As Digital Euro In Works
13.1.2021
Christine Lagarde. After claiming that bitcoin (BTC) is highly volatile, illiquid and speculative, Christine Lagarde, President of the European Central bank, now called for global regulation of this most popular cryptocurrency.
“(Bitcoin) is a highly speculative asset, which has conducted some...
Crypto exchange owner gets 10 years in prison for aiding scammers
13.1.2021
The operator of a Bulgarian crypto exchange has received a 10-year prison sentence for money laundering in connection with an Eastern European cybercrime syndicate