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Another Listed Company to Invest in Bitcoin + More News
23.12.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Bitcoin news
Mogo Inc., a listed financial technology company that also operates MogoCrypto, a Canada-focused bitcoin (BTC) trading service, said...
Skybridge Bitcoin Fund Launches With $25 Million: Anthony Scaramucci Expects ‘Avalanche of Institutional Investors’
23.12.2020
Global investment firm Skybridge Capital has launched a bitcoin fund with $25 million. The founder of the company, Anthony Scaramucci, is bullish about bitcoin. “It’s the first inning,” he said, adding that “You are about to see that wave of early adoption by...
Win a Limited Edition Franck Muller Bitcoin Cash Watch “Free the Money. Free the World.” With Bitcoin.com Exchange
23.12.2020
PRESS RELEASE. The Bitcoin.com Exchange team will be giving away a Franck Muller Bitcoin Cash watch in a margin trading competition this holiday season. Bitcoin.com has announced a new partnership with the luxury watch brand, Franck Muller, and the branded “Free the Money, Free...
Bitcoin News Roundup for Dec. 23, 2020
23.12.2020
With BTC struggling to break past $24K and the SEC suing Ripple, CoinDesk’s Market’s Daily is back with the latest crypto news roundup
Crypto, Blockchain Firms in South Korea, Switzerland Get Investment Boosts
23.12.2020
International crypto players are amassing capital ahead of a fresh assault on the markets in the new year – with major players in South Korea and Switzerland announcing investment injections worth millions of USD.
In South Korea, blockchain accelerator Hashed has announced that its Hashed Ventures...
XRP Crash Burns Other Crypto Asset Values, BTC Price Remains Unscathed
23.12.2020
Digital currency markets have seen some volatile action this week and during the last 24 hours following the XRP charges, a number of coins shed a great deal of value. At the time of publication, the entire crypto-economy is valued at $629 billion and because XRP lost so much value, bitcoin’s...
Thai Regulator Hits Defunct Crypto Exchange Operator with Legal Wrap
23.12.2020
Thailand’s regulatory Securities and Exchange Commission (SEC) has filed a criminal lawsuit against Bitcoin Company Limited, the operator of BX.in.th (BX), formerly the nation’s first and largest crypto exchange.
BX closed its doors last year, but the SEC claims the company transferred...
XRP Token Plunges Nearly 40% Following the Announcement of SEC Charges Against Ripple
23.12.2020
Ripple’s XRP has lost almost 40% of its value after the token price dropped from $0.51 on December 21 to $0.31 at the time of writing. The token’s plunge appears to be the result of legal proceedings initiated against Ripple by the US Securities and Exchange Commission (SEC). At...
Indian Police Bust International Bitcoin Extortion Rackets, 96 Arrested
23.12.2020
Ninety-six people have reportedly been arrested in India for allegedly extorting bitcoin from foreigners. They set up illegal call centers, posed as police officers, and told the victims that their bank accounts had been used in illegal transactions. They also threatened to immediately arrest...
An Unknown User Incurs More Than $80,000 in Transaction Fees When Sending BTC Worth $1
23.12.2020
An unknown person incurred a transaction fee of more than $80,000 or (3.49079570 bitcoins) when transferring bitcoin worth $1.16. According to Blockchain.com, the December 19 transaction, which is included in block 662052, had an input of 3.49084570 bitcoin and an output of 0.00005000 bitcoin....
Riot Blockchain Buys 15,000 Antminers, Operation Will Command 37,640 Bitcoin Miners
23.12.2020
Publicly listed firm Riot Blockchain has announced the company is purchasing 15,000 S19 Pro and S19j Pro Antminer mining rigs from Bitmain. According to the company, the new shipment of next-generation miners will increase the operation’s hashrate to 3.8 exahash per second (EH/s). Following...
OpenDAO Builds New Yield Dollar Interface on Top of UMA, Accepts BTC as Collateral
23.12.2020
PRESS RELEASE. OpenDAO is proud and excited to announce that it is one of the first DeFi projects to participate in UMA’s dapp mining program. Check out the new Yield Dollar interface at ydollar.opendao.io For the past few months, OpenDAO has been working closely with the team at UMA to build...
Bitcoin and Altcoins Recovery Stalls, XRP Crashes
23.12.2020
Bitcoin price settled above the USD 23,000 level and it even climbed above the USD 23,500 level. However, BTC is struggling to clear the USD 23,880 and USD 24,000 resistance levels. It is currently (05:00 UTC) trimming gains and it could even revisit the USD 23,000 level.
Similarly, most major...
Crypto Exchange Bitgrail Founder Accused by Italian Police of Faking Hacks That Led to Company’s Bankruptcy
23.12.2020
Italian police accused a man who ran a cryptocurrency exchange of being responsible for a series of hacks that caused millions in losses as part of an alleged massive fraud scheme. Italian Authorities Accuse Bitgrail Owner of Faking Hacks That Led Exchange’s Bankruptcy According to Reuters...
Let Them Eat Cake: Congress Approves a $900 Billion Stimulus Package, Billions in Pork Funds, Federal Employees Get a Raise
23.12.2020
The United States Congress has approved a $900 billion Covid-19 relief package that’s tethered to the government’s $2.3 trillion year-end funding plan. Of course, talks of Americans getting $600 checks have started to circulate online, but reports also include the discussions...
Free TON Community Achieves Sufficient Decentralization With the Network Becoming a Defacto Mainnet
23.12.2020
The Free TON community declares achieving sufficient decentralization and mainnet status as a consequence on December 22, 2020. One of the Most Decentralized PoS Networks in the World Free TON was launched May 7, 2020 as a true community-driven, decentralized blockchain network. No ICO. No entity....
FTX Exchange Launches Pre-IPO Futures Contracts for the Coinbase Public Listing
23.12.2020
After the San Francisco-based exchange Coinbase announced it was registering with the U.S. Securities and Exchange Commission (SEC) in order to have an initial public offering (IPO), FTX Exchange CEO Sam Bankman-Fried said the company would launch pre-IPO futures. On December 21, Bankman-Fried...
UK Crypto Exchange Exmo Hacked, Estimates Presume Platform Lost $10.5 Million
22.12.2020
U.K.-based cryptocurrency exchange Exmo detailed on December 21, 2020, the firm had “detected suspicious withdrawal activity” and halted withdrawals. Exmo said a security audit report revealed “large withdrawals” of bitcoin and five other cryptocurrencies. Analysts estimate...
Puerto Rico Neobank the Latest to Unveil Bitcoin, Ethereum Custody Plans
22.12.2020
The number of banks around the world launching crypto custody just continues to grow – with a Puerto Rico-based so-called neobank named FV Bank the latest to board the gravy train.
Per a press release, the bank announced that it had been given permission by the Puerto Rico regulatory Office of...
Crypto Asset Trading Platform Bityard With Integrated Copy Trading Function Launched in USA
22.12.2020
PRESS RELEASE. Bityard, a fairly new crypto exchange, currently focuses primarily on crypto asset trading. The crypto exchange, which was unveiled recently, is going to launch its US stock trading operations shortly. Bityard has already got the approval of The Accounting and Corporate Regulatory...