Most markets are down Thursday, including stocks and bitcoin.
Bitfinex Must Face New York Allegations Over $850 Million in Lost Funds, Appeals Court Rules
Cryptocurrency exchange Bitfinex will have to answer claims about hiding lost millions, a New York appeals court ruled on Thursday.
BitClub Programmer Admits Mining Scheme Stole $722M in Bitcoin
The Romanian programmer pleaded guilty to wire fraud and the offer and sale of unregistered securities.
Inequality, Social Chaos, Bankruptcy Rallies: The Best Insights From FinTwit June 2020
From the “Robinhood Rally” to the most profit-disconnected stock market in history, these are the most interesting ideas from FinTwit last month.
I’m a Syrian Refugee. This Is How Bitcoin Changed My Life
Now living in the Netherlands, Tey Elrjula explains how bitcoin helped him build a new life as an entrepreneur, educator and author.
WikiLeaks Shop Now Accepts Bitcoin Lightning Payments
In 2011, WikiLeaks was among the first organizations to accept donations in bitcoin. Now its shop is taking bitcoin payments over Lightning.
Tron Arbitration Challenged in Hostile Work Environment Lawsuit
Two technology developers are trying to keep their workplace harassment lawsuit against the Tron Foundation in a court rather than arbitration.
Bitcoin Started Moving in Sync With S&P 500, Volume Dropped, Kraken Says in June Volatility Report
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.
Bitcoin News Roundup for July 9, 2020
With bitcoin headed back up and Brazil’s real hitting new lows, CoinDesk’s Markets Daily is back!
Blockchain Bites: CENTRE’s Blacklist, Brazil’s Stablecoin Boom and Coinbase Is Going Public?
Coinbase is reportedly looking to go public, CENTRE has blacklisted a USDC address and U.S. sanctions could restrict crypto firms in China.
Bitcoin Miner Maker Canaan Drops 3 Directors in Possible Boardroom Coup
Sources speaking to Chinese media said a dispute at Canaan Creative has led to a power grab by now-Executive Director Nangeng Zhang.
CFTC Hints at Future Digital Asset Regulatory Framework
The commodities regulator has a four-year plan for fostering responsible innovations in the crypto asset space.
Crypto-Enabled VPN Provider Orchid Launches on Apple’s App Store
Orchid announced Thursday that its newly launched app would allow users to buy VPN bandwidth using in-app purchases powered by cryptocurrency.
Coinbase Exploring Stock Market Listing, Reuters Reports
The crypto exchange is said to be planning a direct listing rather than an initial public offering, sources speaking to Reuters said.
Binance Labs Leads $1M Seed Round in Crypto Tor Alternative HOPR
Binance Labs, the seed funding arm of the world’s largest crypto exchange, has made its first investment of 2020, backing privacy startup HOPR.
ING Joins Crypto Industry Body Working to Set Codes of Conduct
The banking group has joined crypto industry body Global Digital Finance to help develop best practices for custodial firms and wallets.
First Mover: Pie Anyone? DeFi Pushes ETF-Style Investing Toward Decentralization
PieDAO’s push to decentralize itself shows the fast-growing DeFi industry’s efforts to retrofit investment vehicles for digital-asset markets.
Bitcoin Option Traders Bet on Bullish Move Following Volatility Squeeze
While bitcoin’s range play continues, option traders look to be betting on a big move to the higher side.
Ferrari, McLaren and $15M in Crypto Seized as Chinese Police Bust Arbitrage Scam
The novel Chinese scam saw perpetrators create fake crypto assets to fleece investors seeking arbitrage opportunities.
London Stock Exchange Parent Assigns Financial ‘Bar Codes’ to 169 Cryptos
The addition of bitcoin and its ilk to LSEG’s database, in response to customer demand, is a sign that institutions are slowly embracing the asset class.