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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...
Major Bitcoin Exchange Coinbase Prepares For Stock Market Listing - Report
9.7.2020
US-based major crypto exchange Coinbase could list its shares on a stock exchange this year or early next year, Reuters reported, citing "three people familiar with the matter."
The company has already been in talks to hire investment banks and law firms, the report said, adding that...
Centre Obliges Government Request, Freezes Address With $100,000 USDC
9.7.2020
Centre Consortium has blacklisted an ethereum address holding $100,000 in USDC, a move that the entity says was “in response to a request from law enforcement.” A joint venture between Circle and Coinbase, Centre is the issuer of the dollar-pegged USDC stablecoin, which runs on...
Lost Bitcoin to Skyrocket Unless Investors Start Making Wills
9.7.2020
A looming crypto inheritance crisis could lead to millions of tokens becoming irreparably lost if the findings of a new report prove to be true.
A whopping 89% of surveyed cryptocurrency investors said they, on some level, were concerned about losing their assets when they die, but less than...
China’s Giant Ride-Hailing Service Didi to Pilot the Central Bank’s Digital Yuan
9.7.2020
The Chinese government and the country’s central bank, the People’s Bank of China (PBoC), are currently in the midst of testing a digital yuan or central bank digital currency (CBDC). Now the Chinese ride-hailing corporation Didi Chuxing will be trialing the newly developed digital yuan...
South African Crypto Investment Company Issued Cease And Desist Order In Texas
9.7.2020
The Texas State Securities Board (TSSB) issued a cease and desist order Wednesday against on Mirror Trading International (MTI), Forexandbitcoin.com and four individuals involved in a multi-level marketing scam. Out of the four individuals, Cornelius Johannes Steynberg is a resident of South...
Bitcoin and Altcoins Turn Green
9.7.2020
Bitcoin price is trading in a positive zone above the USD 9,300 level and it recently climbed towards the USD 9,500 resistance level. BTC is currently (08:30 UTC) consolidating gains near USD 9,400 and it seems like the bulls are aiming at more upsides above the USD 9,500 and USD 9,550...
ModiHost’s Token Is Live on HitBTC, the Leading European Bitcoin Exchange
9.7.2020
Switzerland, July 9th 2020 – ModiHost, a hotel management system that uses artificial intelligence to deliver personalised experiences to hotel guests, is proud to announce that its token is live for trading on the HitBTC exchange starting from Thursday 9th. HitBTC was founded in the early...
Crypto Jobs Pay Sky-high Wages in Russia, But ‘Overheating Is Over’
9.7.2020
Crypto jobs are among the highest-paying in Russia, per a new report – but experts believe salaries could plateau or even bottom out after “overheating” in the wake of the crypto boom of 2017.
Per data from job portal Rabota.ru and Russian postings on Cryptocurrencyjobs.com, as reported by...
$1.4M in Bitcoin Transactions: New High for Argentina as Confidence in the Peso Tanks
9.7.2020
Crisis laden Argentina saw bitcoin transactions worth $1.4 million (101 million pesos) being recorded in the past week, a new high for the country. According to a report by Vorem, this figure is nearly double the previous high of $0.96 million recorded in the last week of June. Citizens who have...
Famous Malaysian Actor Fined for Stealing $50,000 Worth of Crypto From His Producer
9.7.2020
A Malaysian court has fined famous local actor Mas Khan $4,000, or 26 months in jail, for stealing around $50,000 worth of cryptocurrency belonging to his producer, local media reported. Khan appears to have gained access to his boss’ Datuk A.Aida private keys before plundering his wallet...
‘Bitcoin Is Not a Privacy Coin’ Says Crypto Evangelist Andreas Antonopoulos
9.7.2020
Andreas Antonopoulos discussed how he desired to see Bitcoin have more “privacy features” in a recent live stream Q&A session published on Youtube on July 7. Antonopoulos discussed the privacy-centric coin monero and concepts like stealth addresses and ring signatures. Every once...
John McAfee Launches Ghost Phone Service to Supplement His Cryptocurrency
8.7.2020
Two-time U.S. presidential candidate John McAfee has launched a privacy-centric cell phone data service. McAfee said that his Ghost cell phone data service offers 4G data without using a physical SIM card, is compatible with most major phones, and works in more than 50 countries. Ghost Cell Phone...
Jeffrey Epstein Confidant Ghislaine Maxwell’s Last Reddit Post Was About Bitcoin
8.7.2020
The cryptocurrency community has been discussing the infamous Ghislaine Maxwell, the associate of the financier and convicted sex offender Jeffrey Epstein. Maxwell was recently arrested and many speculators think she may see the same fate as Epstein before she talks. Moreover, it seems the last...
Permissionless Software Foundation Aims to Foster Open-Source Software With Bitcoin Cash
8.7.2020
Just recently, Bitcoin Cash proponents were introduced to a new foundation called the “Permissionless Software Foundation” aimed at spreading Bitcoin Cash and SLP token technology. This week an organization called the “Permissionless Software Foundation” (PSF) revealed...
Bitcoin News Roundup for July 8, 2020
8.7.2020
Very crypto, much wow. With Dogecoin back in the news, CoinDesk's Markets Daily is back with another bitcoin news roundup
Another Bitcoin Stimulus Check Might Be Around The Corner
8.7.2020
The US government might send out another wave of stimulus checks to their citizens, which some might use to buy bitcoin (BTC) or altcoins - and which would in effect (ironically) mean that the BTC-skeptic Donald Trump, who is seeking reelection this November, might inadvertently help crypto...
About 90% of Bitcoin Investors Worried About Fate of Their Assets After Death: Study
8.7.2020
Nearly 90% of cryptocurrency investors worry about what will happen to their assets after they die, but few plan appropriately. Younger investors are particularly culpable, barely thinking beyond their own lives. According to a new study by the Cremation Institute, only about one quarter of bitcoin...
Market Update: Crypto Assets Slowly Gather Gains, Bitcoin Needs Capital Inflow, ADA Jumps 85%
8.7.2020
Cryptocurrency market prices have improved a great deal since our last market update, as the overall market capitalization of all 5,700+ coins has gained $16 billion since June 14. Most of the top digital assets have remained in a consolidated cycle and a great number of cryptos have been able...