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Bitcoin News Roundup for Aug. 5, 2020
5.8.2020
With BTC pushing towards $12,000 and gold at record highs, CoinDesk's Markets Daily is back for your crypto news roundup!
Why Ukraine Is Ripe for Cryptocurrency Adoption
5.8.2020
A relatively unstable state – with a technically sophisticated population – creates a fertile ground for crypto adoption
Ex-Wife’s Testimony Suggests Craig Wright ‘Defrauded’ Court, Kleiman Lawyers Claim
5.8.2020
The legal team for the estate of David Kleiman said Ms. Wright's submission cast doubt on the nature of the Tulip Trust at the heart of the lawsuit
Bitcoin Price Rises 3% as Gold Trades Above $2K for First Time
5.8.2020
Bitcoin is again acting like a macro asset, drawing bids amid record rally in gold and broad-based U.S. dollar sell-off
First Mover: Ethereum’s Transition to Staking Could Push More Traders to Use Derivatives
5.8.2020
As Ethereum starts its multiyear transition to a "staking" network, analysts say a reduction in token liquidity may push traders to derivatives markets.
BnkToTheFuture Steps Away From Banks Citing Mounting Risk to Clients’ Assets
5.8.2020
The online investment platform is moving clients' crypto and fiat assets to a Hong Kong-based trust company
Square Reports 600% Increase in Quarterly Bitcoin Revenue
5.8.2020
Jack Dorsey's Square has seen one of the largest quarterly increases yet for its bitcoin business
Dark-Web Vendor and Pharmacist Charged With Trafficking Drugs Worth $270M in Bitcoin
5.8.2020
The two men allegedly shipped opioids into the U.S. and sold them on the dark web for millions in bitcoin
Social Engineering: A Plague on Crypto and Twitter, Unlikely to Stop
5.8.2020
The SIM swapping community entered the spotlight after helping the Twitter hacker breach the social media platform, but these threat actors have been going after the crypto community for years
Square Crypto, Human Rights Foundation Ramp Up Bitcoin Development Grants
5.8.2020
Square Crypto and the Human Rights Foundation are continuing their support for an open source Bitcoin developer community with new contributor grants
Missouri Man Pleads Guilty to Trying to Buy Chemical Weapons With Bitcoin
5.8.2020
The chemicals, though never delivered, would have been potent enough to kill 300 people, prosecutors say
Market Wrap: Bitcoin Flat at $11.2K; DeFi Has Highest Volume Month Ever
4.8.2020
A weak bitcoin market is not stopping Ethereum-powered DeFi growth
CoinDesk Monthly Review, July 2020
4.8.2020
In the opening weeks of July, it looked like gold would surpass bitcoin for monthly returns, as it reached an all-time high, a frustrating state of affairs for those who believe the current macro situation should be a “perfect storm” for bitcoin’s “gold 2.0” narrative. That was before bitcoin shot...
Can Social Media Be Redeemed? Feat. Bobby Goodlatte
4.8.2020
An early Facebook product designer-turned angel investor discusses how social media has changed and whether it can be changed again for the better
‘Rat Poison Squared on Steroids’: What’s New in Bitcoin’s Latest Lightning Release
4.8.2020
With a sly poke at Warren Buffet's comment that Bitcoin is "rat poison squared," c-lightning developers' latest release adds some key new Lightning features
US Lawmakers Don’t Want Proof-of-Stake Networks to Get Overtaxed
4.8.2020
Four U.S. congressmen have asked the IRS to clarify how block rewards from proof-of-state networks are taxed, to prevent taxpayers from owing more than they should
SEC Seeking ‘Smart Contract’ Tracing Tool That Can Spot Security Vulnerabilities
4.8.2020
The federal securities watchdog has taken an interest in DeFi's most basic building block
Decentralized Exchange dYdX Debuts Ether Perpetual Swaps
4.8.2020
Perpetual swaps that track the price of ether (ETH) are coming to dYdX, the company announced Tuesday
There’s Now an Accelerator Exclusively for DeFi Startups
4.8.2020
The Chicago DeFi Alliance (CDA) just launched one of the first accelerator programs devoted entirely to DeFi crypto startups
Blockchain Bites: XRP Sales, INX IPO and Bitcoin Mining Woes
4.8.2020
China's bitcoin miners are in a rut during a period of intense flooding, Ripple shows signs of sales growth and INX scaled down its IPO vision