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Bitcoin News Roundup for June 26, 2020
26.6.2020
With new data from the Federal Reserve suggesting that the cryptocurrency might not be the answer to dire economic times, Markets Daily is back with your latest Bitcoin news roundup!
Coinbase Lists Compound’s COMP Token for Retail Crypto Traders
26.6.2020
The Compound token almost fell back below $200 earlier this week, before Coinbase rode to the rescue. It listed the token for retail users, and gave COMP a nice price bump
How the Crypto Community Helped Us Raise $110,000 for Charity
26.6.2020
The campaign, by CoinDesk, Gitcoin, Ethereal and the Giving Block, raised money for COVID-19 relief using "quadratic funding" to make donations
A Key Thesis for Bitcoin’s Long-Term Bull Market Just Got a Knock
26.6.2020
The narrative that inflation arising from the massive coronavirus stimulus efforts would lead to a long-term rise in bitcoin's price is looking weak with new data from the Federal Reserve
First Mover: In the Cryptocurrency Markets, No Two Exchanges Are Alike
26.6.2020
Even in super liquid cryptocurrency markets, such as USD and bitcoin trading pairs, the size and spreads of exchange order books can vary markedly
Crypto.com to Refund Clients As Wirecard’s Card Issuer Told to Cease Operations
26.6.2020
Card issuer Crypto.com is refunding 100% of customer balances as the U.K. regulator orders Wirecard Card solutions to cease operations
Australia Post Now Lets Customers Buy Bitcoin at Over 3,500 Outlets
26.6.2020
The Australian postal service has confirmed that it's partnered with Bitcoin.com.au to let customers purchase cryptocurrencies at its stores across the country
New York Regulator Adds 3-Strike Rule for BitLicense Applicants
26.6.2020
The regulator hopes the new three-strike rule will encourage BitLicense applicants to ensure they've taken its feedback on board
EU Creating a Regulatory Regime for Cryptocurrencies, Says Economic Chief
26.6.2020
The planned regulatory regime could include stricter rules for projects deemed "global stablecoins," a subtle reference, possibly, to Libra
Binance-Backed Blockchain Auditing Firm Partners With Hyundai Subsidiary to Track Internet of Things Devices
26.6.2020
Auditing firm CertiK is working with Hyundai subsidiary Hdac to record Internet of Things devices on a blockchain
Trio of Bitcoin Tokens Lures DeFi Yield Farmers to New Pastures
26.6.2020
A pool of sBTC, renBTC and WBTC is helping Synthetix draw the attention of DeFi's growing horde of yield farmers
Sovrin Foundation Sheds All Paid Staff in Tale of a Token Issuance Gone Wrong
25.6.2020
The Sovrin Foundation, a digital ID non-profit, laid off all paid employees after failing to secure funding for an SEC-compliant token issuance
Market Wrap: Bitcoin Tests $9K as Market Struggles With Uncertainty
25.6.2020
After a quick dip in the crypto market, bitcoin is holding steady amid precariousness in the options market and the greater economic picture
Consumer Watchdog Moves to Block Canadian Bitcoin Miner From US Power Grid
25.6.2020
Public Citizen warned the U.S. Dept. of Energy that DMG Blockchain's bid to export electricity could set a dangerous precedent
Is Scam Selling Suppressing the Price of Bitcoin?
25.6.2020
Scam selling, a big win for privacy from Apple, new jobless claims in the “whack-a-mole” economy and the biggest BTC options expiry ever
Summer 2020 Is Funding Season for Open-Source Bitcoin Development
25.6.2020
The maker of Wasabi Wallet becomes the latest firm to support crypto coders with a 1 BTC donation to the Human Rights Foundation's Bitcoin Development Fund
Kadena Launches Blockchain App to Verify COVID-19 Tests
25.6.2020
Hybrid blockchain maker Kadena wants to verify COVID-19 testing kits by recording their provenance on its network
DOJ Indicts Founder of Anti-Money Laundering Bitcoin Project for Money Laundering
25.6.2020
Rowland Marcus Andrade, the founder of AML Bitcoin, was indicted on wire fraud and money laundering charges related in part to an initial coin offering conducted in 2017 and 2018
Jack Dorsey Has Floated Decentralized Fact-Checking at Twitter. Here’s What That Could Look Like
25.6.2020
Twitter's CEO has endorsed the idea of decentralized fact-checking. We looked at some prototypes to see what that might look like
Some Numbers That Show Why Yield Farming COMP Is So Seductive
25.6.2020
COMP has created a sudden craze for "yield farming." Here are three scenarios illustrating the risks and rewards of DeFi's latest trend