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Bitcoin News Roundup for Sept. 30, 2020
30.9.2020
With bitcoin trading in an unusually tight range and DeFi darling SushiSwap suffering shrinkage, CoinDesk’s Markets Daily is back for your latest crypto news roundup!
3iQ’s Bitcoin Fund Gets Second Listing of 2020 – This Time on Gibraltar’s Stock Exchange
30.9.2020
The Toronto Stock Exchange also listed The Bitcoin Fund in April of this year
‘Great Artists Steal’ – What Enterprise Blockchain Can Learn From the Past
30.9.2020
Enterprise blockchain doesn't need to reinvent the wheel: Communications standards in use for decades are built for machine-to-machine commerce
CBDCs Could Challenge US Dollar’s Dominance: Deutsche Bank
30.9.2020
Central bank digital currencies have the potential to challenge the primacy of the U.S. dollar, according to a new report from Germany's Deutsche Bank
SEC Orders Salt Lending to Refund Investors in Its $47M ICO
30.9.2020
The SEC has confirmed it is taking action against SALT Lending after ruling the company's $47-million ICO was an illegal securities issuance
First Mover: Chainlink’s Sorry September Returns Shows DeFi Hysteria Deflating
30.9.2020
Chainlink's LINK has been the worst-performing digital asset in September in the CoinDesk 20, during an ugly month across cryptocurrency markets
Reef Finance Raises $3.9M for Cross-Chain DeFi on Polkadot
30.9.2020
DeFi on Ethereum is costly and congested. Can other base layers step up? Polkadot's Reef Finance has raised $3.9 million to try
Energy Web Is Starting With Ripple in Its Bid to Make Crypto Provably Green
30.9.2020
The non-profit is teaming up with Ripple and the XRP Foundation to show how blockchain ecosystems can be carbon-neutral
DeFi ‘Vampire’ SushiSwap Still Hemorrhaging Liquidity
30.9.2020
Uniswap challenger SushiSwap is continue to lose vital liquidity, with total value locked falling by 8% in the past 24 hours
Compound, Gauntlet Founders Raise $4M for New DeFi Scout Fund
30.9.2020
Robert Leshner's Robot Ventures has secured $4 million in funding from Galaxy Digital and Paradigm to find early opportunities in DeFi
French Authorities Arrest 29 Suspected of Using Crypto to Fund Extremists in Syria
30.9.2020
Hundreds of thousands of euros may have been supplied through a secret network benefiting al-Qaida-linked extremists in northwestern Syria
Is Reddit’s MOON Token Really 2000x Bigger Than the Global Economy?
30.9.2020
A unique anomaly means the market cap for a token for incentivizing content on a particular Reddit forum has ballooned to $2.88 septillion
SEC Seeks Trial of Swedish National Over Alleged Fraud That Took $3.5M in Crypto
30.9.2020
The man is alleged to have fleeced 2,200 victims in the U.S. and 45 other countries, netting $3.5 million via payments in bitcoin and other digital assets
Bilibili Copycat Tried to Save Itself With a $2M Crypto IEO – It Didn’t Work
30.9.2020
A Chinese video streaming copycat service raised $2.1 million via an initial exchange offering in August 2019 – but it appears this last resort wasn’t enough to save the company
BitcoinACKs Lets You Track Bitcoin Development and Pay Coders for Their Work
30.9.2020
BitcoinACKs aggregates pull requests for upgrades to Bitcoin Core and lets users pay for the Bitcoin development they want to see
Coinbase Offers Severance Package to Employees Unsatisfied With ‘Apolitical’ Mission
30.9.2020
Coinbase's CEO has issued a company-wide letter informing employees to get in line with a new cultural shift or take a severance package
Overstock Short Sellers Fall Short as Judge Gives Digital Dividend Claims Short Shrift
29.9.2020
Patrick Byrne and Overstock.com have prevailed over the digital dividend-doubting short sellers
So Now They’re Hacking DeFi Protocols Before They’ve Even Launched?
29.9.2020
When the DeFi degens caught wind of a new pre-release Andre Cronje project they piled in, only to get $16 million hacked away in a flash
Market Wrap: Bitcoin Holds at $10.7K; Uniswap Volume Drops
29.9.2020
Bitcoin’s price struggles to stick to $10,700 as Uniswap’s decentralized exchange trading volume falls to cap September
Coinbase Launches 5% Staking Rewards for Cosmos’ ATOM
29.9.2020
ATOM is only the second cryptocurrency to join Coinbase’s staking rewards program