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Blockchain Bites: Avanti’s New Money, DeFi Deepens and ‘How Much Ether?’
12.8.2020
Caitlin Long has a new take on money. Russia wants to de-anonymize crypto. And Coinbase wins in court
Sirin Labs Founder Sued Over Unpaid $20M Factory Bill for Finney Blockchain Phone
12.8.2020
The head of blockchain smartphone startup Sirin Labs, was sued over unpaid bills
Deposits in ‘Monetary Experiment’ Meme Token YAM Break $460M
12.8.2020
YAM, DeFi’s latest farm-fresh product, has never been audited. Yet that’s not holding back traders from pumping the token’s price to a high of $138 since it launched Tuesday
Bitcoin News Roundup for Aug. 12, 2020
12.8.2020
With bitcoin prices sitting around $12K and Russia developing “Transparent Blockchain” AI, CoinDesk's Markets Daily is back for your latest crypto news roundup!
What Today’s Robinhood Rally Has in Common With the Last Crypto Boom
12.8.2020
The pandemic's "Robinhood Rally" has echoes of the 2017 crypto boom and could presage new investment trends in digital asset and traditional markets
Ex-NYSE Broker Accused of Running $33M Crypto Scam Pleads Not Guilty
12.8.2020
Michael Ackerman pleaded not guilty to one count of wire fraud for his involvement in the Q3 investment club that allegedly defrauded 150 investors
First Mover: How a DeFi Trader Made an 89% Profit in Minutes Slinging Stablecoins
12.8.2020
So-called stablecoins like tether and USDC are $1 tokens in theory, but a complex arbitrage transaction seems to have netted one trader an 89% profit in just minutes
Russian Financial Crime Agency Plans AI Tool to Link Crypto Transfers to Users
12.8.2020
Russia's anti-money laundering agency Rosfinmonitoring has already built a prototype blockchain analytics tool, according to a report
Grayscale Tells SEC Its Bitcoin Trust Rose $1.6B Over Six Months
12.8.2020
Crypto investment firm Grayscale has told the SEC that the dollar-value of assets in its flagship bitcoin fund increased 90% to over $1.6 billion
The Linux Foundation Wants Open-Source Tech to Address Future Pandemics
12.8.2020
The Linux Foundation hopes open-source apps will play a key role in tracing exposure to diseases like COVID-19 while being fully transparent
Asset Manager NYDIG Raises $5M for Third Bitcoin Fund in 2020
12.8.2020
NYDIG has set up another bitcoin fund, raising $5 million from accredited investors – it's unclear what differentiates this one from its previous funds
Appeals Court Backs Coinbase in Bitcoin Gold Fork ‘Breach of Contract’ Lawsuit
12.8.2020
A California appeals court has backed a prior judgement that the cryptocurrency exchange wasn't obliged to to support the Bitcoin Gold hard fork in 2017
Unpacking the Avit, Avanti Bank’s New Digital Asset Being Built With Blockstream
12.8.2020
Avanti says the Avit will not encounter the legal, accounting or tax hurdles of stablecoins, but it’s not yet clear where the asset will fit under U.S. law
Bitcoiners Launch Cryptocurrency Relief Fund Following Beirut Explosion
11.8.2020
A group of Lebanese expats in Europe organized the Crypto Disaster Relief For Beirut Explosion fund to support those affected by last week's tragedy
Market Wrap: Bitcoin Stumbles to $11,300; USDC Lending Rates Skyrocket
11.8.2020
Bitcoin experienced heavy selling Tuesday, while traders are finding profits in stablecoin borrowing strategies
VPN Usage Surges as Belarus Remains Offline
11.8.2020
People in Belarus are discovering anti-censorship tools as the country experiences a major internet outage
Some Traders Now Taking Bets Ether Will Break $1K by December
11.8.2020
Some option traders are now betting ether will rise to $1,000 by year’s end
How Much Ether Is Out There? Ethereum Developers Create New Scripts for Self-Verification
11.8.2020
Ethereum and Bitcoin advocates have engaged in spirited exchange since Friday to answer an ostensibly simple question: What’s the total supply of ether?
Joe Rogan for Fed Chair! Feat. Hugh Hendry
11.8.2020
Former hedge fund manager and financial dissident gives his take on what ails the U.S. economy and why the Federal Reserve should be more, not less, irresponsible
Coinbase Exits Industry Lobbying Group in Protest Over Recent Unspecified ‘Decisions’
11.8.2020
Coinbase cited recent board decisions that could "irreperably impair" the Blockchain Asso