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Fueling the Cannabis Industry: US Crypto Lending Service Files for Regulated Token Sale
10.7.2020
Chicago-based lending firm Ceres recently filed for a request to conduct a Reg. A sale in order to get approval from the U.S. Securities and Exchange Commission (SEC). Ceres wants to launch a token that will be used for garnering equity, while the company also wants to launch a coin that can...
South Korean MP Makes Bid to Impose Capital Gains Tax on Crypto
10.7.2020
Yang Kyung-sook. Source: Twitter, @yangkyungsook
An influential South Korean MP has put forward a private members’ bill that would see crypto taxed under the nation’s capital gains tax laws.
Per Jose Ilbo, Yang Kyung-sook, an MP for the ruling Democratic Party and a member of the National...
Coinbase Eyeing US Stock Market Listing as Early as This Year
10.7.2020
Coinbase Inc is planning a U.S. stock market listing for later this year or early 2021, Reuters reported on Thursday. The plan is subject to approval by the U.S. Securities and Exchange Commission. If successful, Coinbase could become the first major American cryptocurrency exchange to go public....
Chinese Police Dismantle $14M Crypto Scam
9.7.2020
The Chinese police busted a massive crypto scam in Wenzhou that managed to amass over $14.31 million
Venezuela Seizes 315 Bitcoin Mining Rigs: Miners Discuss Illegal Confiscation, Police Extortion
9.7.2020
The Venezuelan military has seized 315 Bitmain Antminer S9 bitcoin mining rigs it claims are not properly registered to operate in the country. Although cryptocurrency mining is legal in Venezuela, miners say they have been unfairly treated, citing illegal seizures of mining equipment and police...
Market Wrap: Stocks Tick Downward and so Does Bitcoin, to $9,200
9.7.2020
Most markets are down Thursday, including stocks and bitcoin
A Record Number of Bitcoin Were Recently Withdrawn From Exchanges
9.7.2020
On July 8, a record number of Bitcoin were removed from custodial exchanges, with Coinbase leading the charge
OKEx Led Market in Bitcoin Whale Trading in June - Study
9.7.2020
In June, major crypto exchange OKEx positioned itself among the most popular exchanges for so-called whales, and a leading venue for bitcoin (BTC) price discovery, a study from crypto data provider Kaiko has found.
Originally launched as one of the early Chinese BTC exchanges, OKEx is...
BitClub Programmer Admits Mining Scheme Stole $722M in Bitcoin
9.7.2020
The Romanian programmer pleaded guilty to wire fraud and the offer and sale of unregistered securities
Bad Day for Stocks Sends Bitcoin Price Below Key $9.3K Support
9.7.2020
Bitcoin price dropped below $9,200 as stocks were rattled by the U.S. Supreme Court decision on President Trump’s tax returns
US Dollar Slump Incoming: Bank of America Sees ‘Death Cross’ as Confidence in Gold Rises
9.7.2020
The US dollar is increasingly being viewed in a negative light by investors. Bank of America analysts are seeing a “Death Cross,” a bearish technical formation suggesting that a period of dollar weakness is coming. Meanwhile, confidence in gold has been rising. Investors Losing...
I’m a Syrian Refugee. This Is How Bitcoin Changed My Life
9.7.2020
Now living in the Netherlands, Tey Elrjula explains how bitcoin helped him build a new life as an entrepreneur, educator and author
Hold More Gold Than Bitcoin, Says BTC Bull Mike Novogratz
9.7.2020
Michael Novogratz, who predicted BTC to hit $20,000 by the end of 2020, advises investors to own more gold than Bitcoin
WikiLeaks Shop Now Accepts Bitcoin Lightning Payments
9.7.2020
In 2011, WikiLeaks was among the first organizations to accept donations in bitcoin. Now its shop is taking bitcoin payments over Lightning
First Russian Crypto Law ‘to Be In Force by Start of 2021’
9.7.2020
Russia’s first crypto law “will be adopted by January 1, 2021,” said the bill’s chief architect, adding that the legislation is “now approaching the finish line.”
Per RBC, Anatoly Aksakov, the head of the State Duma’s financial committee and the man charged with mediating the “On Digital Assets”...
Bitcoin Started Moving in Sync With S&P 500, Volume Dropped, Kraken Says in June Volatility Report
9.7.2020
According to the crypto exchange’s report, June was the most uneventful month for Bitcoin (BTC) trading since February and was marked by a reversal in correlation trends with gold and the S&P 500
Avalanche Launch Fumbles: ‘A Highly-Sophisticated DDoS Attack Derailed Token Sale’
9.7.2020
On July 8, 2020, some members of the cryptocurrency community were prepared to leverage the AVA Labs Avalanche (AVAX) token sale, in order to acquire some of the highly anticipated coin on Wednesday. However, due to “record-breaking demand” and a “highly-sophisticated DDOS...
Bitcoin News Roundup for July 9, 2020
9.7.2020
With bitcoin headed back up and Brazil's real hitting new lows, CoinDesk's Markets Daily is back!
Crypto-Powered Cannabis, Bitcoin Buying on Trezor + More News
9.7.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Tokenization news
US-based firm Ceres is seeking permission from the US Securities and Exchange Commission (SEC) to sell a token that represents...
Bitcoin Miner Maker Canaan Drops 3 Directors in Possible Boardroom Coup
9.7.2020
Sources speaking to Chinese media said a dispute at Canaan Creative has led to a power grab by now-Executive Director Nangeng Zhang