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Regulatory Crypto Primer, NiceHash Reimburses BTC 4,6K Hack Victims + More News
17.12.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Regulation news
The US Commodity Futures Trading Commission (CFTC) released a Digital Assets Primer today. The focus of this primer is broader...
LEAD Wallet Launches Its Super Simple Application; Even Your Grandma Would Be Able to Use It
17.12.2020
PRESS RELEASE. Lead Wallet, a new crypto wallet application, has officially been launched on Google Play Store, and it will also launch its iOS and web version soon. This crypto wallet application is different from other existing wallet apps because it aims to be a super simple crypto app that most...
Bitcoin’s Value Surpasses $23,700, Critics Claim Its a ‘Bubble,’ Onchain Analyst Says $100K Prices ‘Ridiculously Low’
17.12.2020
The crypto economy has gained a massive amount of value during the last few days, as the aggregate market cap of all 7,500+ digital assets is a whopping $640 billion on Thursday. Meanwhile, the largest blockchain in terms of valuation, bitcoin has touched an all-time high of $23,777 rising more...
Massive Fake Celebrity-Endorsed Bitcoin Investment Campaign Duping Google, Facebook Traced to Moscow
17.12.2020
A massive bitcoin ad scam campaign — which features celebrities and mainly targeted Australians — has been traced. The investigation’s findings point to a “highly organized” global business that relies on five addresses in Moscow’s center. Massive Bitcoin Ad Scam...
PayPal crypto partner Paxos closes $142M funding round
17.12.2020
The stablecoin issuer is pursuing ambitious plans in the expanding crypto space
Paypal Takes Another Step Into Crypto, Invests in Paxos
17.12.2020
Online payments giant PayPal joined a USD 142m Series C investment round, helping major regulated blockchain infrastructure platform Paxos increase its total funding to USD 240m.
The round was led by Declaration Partners, the investment firm backed by the family office of David M. Rubenstein, Paxos...
Christmas Festivities Unfurl at Bitcoin Games With 60,000 Free Spins Giveaway
17.12.2020
Merry Christmas! Bitcoin Games celebrates 12 Days of Christmas with the biggest giveaway of the year! 60,000 Free Spins Up For Grabs It’s all bells and jingles for the 12 days leading up to Christmas this year! Bitcoin Games, the premium casino brand, has launched the 12 Days...
21M Bitcoin and the Promise of Scarcity
17.12.2020
In Bitcoin, the promise of a limited supply is great. This was one of the biggest things that initially appealed to me when I heard about Bitcoin. “No more than twenty one million bitcoins will ever exist!” But can this promise be kept in the long run? Has the Promise Already Been...
‘Bitwise 10’ crypto index trades at 369% premium in record breaking debut
17.12.2020
A top ten crypto index by Bitwise has outperformed the assets themselves as FOMO takes hold
Two thirds of Estonian crypto businesses lose their licenses
17.12.2020
Estonia has withdrawn permits from one thousand crypto companies this year
IRS tax form question leaves US crypto users confused and concerned
17.12.2020
This year’s Form 1040 requires all U.S. taxpayers to answer a question about whether they traded or acquired “virtual currency” during the year
S Korean Industry Body: Mandatory Crypto Disclosure Would Boost Credibility
17.12.2020
A South Korean industry group has launched a push to introduce a mandatory crypto disclosure system that would force blockchain and crypto operators to make key details about their projects and platforms public.
Per iNews24 and Gukje News, the proposal is the brainchild of the Korea Blockchain...
CoinsLoot Launch World’s First Crypto Loot Boxes, With 10% Free Crypto, Prizes and Staking Rewards
17.12.2020
PRESS RELEASE. CoinsLoot is a decentralized crypto platform offering a range of benefits for gamers, investors and cryptocurrency enthusiasts. For the first time ever, users can purchase Loot Boxes with ERC-20 tokens to reveal a secret selection of cryptocurrencies and huge prizes, like the Tesla...
CME Group to Launch Ethereum Futures in February Pending Regulatory Approval
16.12.2020
On December 16, the Chicago Mercantile Exchange (CME) announced that CME Group is expanding the company’s crypto derivatives and plans to launch Ethereum futures. The company said the launch is based on increasing client demand and aims to launch the new ether derivatives products on February...
Asset Manager Ruffer Confirms $750 Million Bitcoin Investment as Hedge Against Fiat Currency Devaluation
16.12.2020
Investment management firm Ruffer, with over $27 billion under management, has confirmed that its bitcoin investment now totals $750 million. A Ruffer spokesperson told news.Bitcoin.com that this was “primarily a protective” move for the firm’s portfolios, as the firm reduced...
US authorities eager to deter citizens from unregistered crypto exchanges
16.12.2020
Pressured by U.S. authorities, more foreign exchanges are blocking American investors, but are vague U.S. regulations the real problem?
Why bots can be crucial for crypto traders in the futures markets
16.12.2020
With Bitcoin futures continuing to surge in popularity, trading bots can help users keep on top of the markets 24 hours a day, seven days a week
Quontic Bank Launches Bitcoin Rewards Checking Account With Debit Card for US Customers
16.12.2020
Quontic Bank is launching a bitcoin rewards checking account with a debit card. Customers can earn 1.5% back in bitcoin on their debit card purchases. “Bitcoin is gaining massive momentum both as a digital currency, an asset class, and as a store of wealth,” the CEO of the bank said....
Brand New Protocol, DIGITALAX, Brings NFT Adoption Into the Real World
16.12.2020
DIGITALAX, a digital fashion focused NFT protocol on Ethereum, launched less than 2 months ago at the end of October and is already making headlines. It is the first NFT protocol to have its digital fashion wearable NFTs recognized by a non-blockchain gaming company— the leading silicon...
Snowden Reacts to Bitcoin’s New Price Milestone — Whistleblower Tweets ‘One word: Bitcoin’
16.12.2020
The price of bitcoin has just hit a historic milestone in a turbulent year, crossing the $20,000 threshold, refreshing its all-time high, and well-known crypto advocates such as Edward Snowden have been reacting to the news on social media. Snowden Reacts to Bitcoin All-Time Highs The famous...