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Source: CoinDesk

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Error or Plunder? Report Suggests FCoin Purposely Moved Customer Bitcoin Since 2019
A recent report from Silicon Valley-based Anchain AI wonders out loud whether funds were purposely pilfered by insiders, challenging FCoin’s official line claiming a data error was to blame. Read full article
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MoneyGram Got Another $11M From Ripple to Use Its Cross-Border Payments Tech
Payments firm Ripple has given MoneyGram over $11 million dollars in the past half year, according to regulatory filings with the Securities and Exchange Commission. Read full article
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IOTA Being Shut Off Is the Latest Chapter in an Absurdist History
IOTA's 12-day outage shows the crypto markets aren't rational, at least not yet. Read full article
12h ago
CoinDesk
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Bank of Canada Won’t Issue Its Own Crypto Unless Libra Succeeds: Deputy Governor
The Bank of Canada does not see the need to create a central bank digital currency unless a competitor – like Libra – starts dethroning the existing fiat. Read full article
13h ago
CoinDesk
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6 Explanations for Crypto’s Fascination With Coronavirus
Is it about self-sovereignty? About BTC as a reserve asset? Or are we just Chicken Little prophets of doom? Read full article
13h ago
ION
CoinDesk
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Crypto News Roundup for Feb. 25, 2020
Bitcoin fights to rise above $10K while a new crypto bank rises in Wyoming. It's Markets Daily from CoinDesk. Read full article
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Revolut Bank Valued at $5.5B in $500M Funding Round
Revolut raised $500 million, but did not specify if any of the funding will go toward improving its cryptocurrency offering. Read full article
15h ago
CoinDesk
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US Commerce Dept. Wants to Survey Firms on Cross-Border Crypto Usage
The Bureau of Economic Analysis plans to ask financial institutions whether they conducted any crypto trades with foreigners in 2019. Read full article
15h ago
CoinDesk
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Securities Law Helped Build Modern Capitalism. Crypto Should Embrace It
Crypto should work within the existing regulatory structure around securities, rather than reinvent a whole new system. Read full article
17h ago
CoinDesk
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‘Short Bitcoin’ ETP Available to Investors on Germany’s Second-Largest Exchange
The new listing makes inverse trackers widely accessible to European retail investors. Read full article
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Polkadot to Use Chainlink Oracles for Interoperability Network
Polkadot will be the first non-ethereum blockchain to integrate Chainlink. Read full article
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Binance-Backed FTX Exchange Seeks Billion-Dollar Valuation in Equity Token Sale
FTX claims its high-growth rate justifies its billion-dollar valuation. Read full article
20h ago
CoinDesk
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New Zealand Plans to Drop ‘Unfavorable’ Sales Tax Treatment of Cryptocurrencies
The Inland Revenue Department is considering how best to change its tax regimen so that cryptocurrencies aren't at a disadvantage. Read full article
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Diginex Steps Closer to Backdoor Nasdaq Listing as SEC Approves Merger
Diginex aims to merge with publicly traded firm 8i Enterprises, clearing the path for a backdoor listing on Nasdaq. Read full article
21h ago
SEC
CoinDesk
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Bitcoin Faces Further Losses if Bulls Can’t Disrupt Bearish Chart Pattern
Bitcoin has formed a bearish head-and-shoulders pattern with neckline support at $9,400. Read full article
22h ago
CoinDesk
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Russian Smelting Powerhouse Nornickel Issues First Metal-Backed Tokens
The Russian mining and smelting giant will issue metal-backed tokens on Atomyze, a Hyperledger-based blockchain platform. Read full article
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Singapore’s Court of Appeals Rules Quoine Exchange in Breach of Contract in Landmark Crypto Case
Singapore's Court of Appeals ruled against digital currency exchange Quoine on Monday in a landmark case relating to a breach of contract that saw the platform unlawfully reverse seven trades. Read full article
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Lightning Solves Bitcoin’s Speed Problem, But Watch Out for Fraudsters
Lightning-based fiat-bitcoin systems could popularize crypto payments, as long as fraud and bitcoin's non-reversibility don't get in the way. Read full article
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Crypto Exchanges Need Common Messaging to Comply With Travel Rule
From ATMs to cargo containers, standards make global commerce work. The same goes for crypto, which needs standards to comply with anti-money laundering rules. Read full article
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CoolBitX Raises $16.7M to Make Crypto More Bank-Friendly
In 2020, the startup’s focus is on new products and features that comply with new rules from the Financial Action Task Force. Read full article
1d ago
CoinDesk
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Justin Sun Bought Steemit. Steem Moved to Limit His Power
The people who run the Steem blockchain executed a reversible soft fork Sunday, over concerns about Steemit's new owner. Read full article
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Secretive Digital Fiat Project Emerges With New Partner as CBDC Chatter Grows
Fnality, a high-profile digital fiat project backed by 14 big-name financial institutions, is teaming with the ConsenSys-backed Adhara. Read full article
1d ago
CoinDesk
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Bitcoin’s Coronavirus Selloff Throws Cold Water on Safe-Haven Argument
As U.S. stocks tumbled on Monday by the most in six months amid renewed coronavirus fears, bitcoin barely budged - at least in terms of the notoriously volatile cryptocurrency’s trading history. Read full article
1d ago
CoinDesk
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Caitlin Long on Coronavirus, Crypto Custody and Building a Bank
A new crypto bank tries to address some of the most fundamental issues for institutions who want to get into the space. Read full article
2d ago
CoinDesk
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New Jersey Lawmaker Wants to Create a Crypto License
New Jersey Assemblywoman Yvonne Lopez has introduced a licensing regime for crypto businesses, authorizing the state banking regulator to oversee the space. Read full article
2d ago
CoinDesk
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CME Bitcoin Futures Daily Trading Volume Hits 2020 Low – That’s a Bullish Sign
Daily trading volume in bitcoin (BTC) futures listed on the Chicago Mercantile Exchange (CME) dropped to year-to-date lows on Friday. Read full article
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Crypto News Roundup for Feb. 24, 2020
With the price of bitcoin repeatedly breaching and then retreating from the psychologically important $10,000 level, Markets Daily is back with another time crypto news roundup. Read full article
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G20 Urges Countries to Adopt Tough FATF Rules on Cryptocurrencies
FATF's guidance compels crypto exchanges to share user data with one another. Read full article
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Blockchain Pioneer Caitlin Long to Build Crypto Bank in Wyoming
A Wyoming corporation founded by Caitlin Long is preparing to apply for a special purpose depository institution (SPDI) charter with the state’s division of banking. Read full article
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SEC to Decide the Fate of Another Bitcoin ETF Proposal This Week
The SEC is poised to rule on another bitcoin ETF application this week. Wilshire Phoenix is hoping its novel fund structure might help it succeed where others have not. Read full article
2d ago
CoinDesk
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How to Protect Bitcoin for Your Heirs With the Push of a ‘Dead Man’s Button’
What happens to your bitcoin after you die? Lightning developers think a "dead man's button" could be a new tool to passing your crypto to your heirs. Read full article
2d ago
CoinDesk
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Blockchain Can Help UK Savers Recover $48B in Unclaimed Pensions, Says R3
Blockchain solutions based on R3's tech will make it easier for users to verify their identities and claim lost pensions, the firm says. Read full article
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‘Crucial’ for Central Banks to Consider Digital Currencies: Bank of England Exec
Governments need to research digital currencies so they can strike a balance with private issuers, said the BoE's chief cashier. Read full article
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$10K Proving a Tough Nut to Crack for Bitcoin’s Bulls
Bitcoin needs to break past the session high of $10,028 to revive the immediate bullish setup. Read full article
2d ago
CoinDesk
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Binance Now Supports Deposits and Withdrawals in Hong-Kong Dollars
The exchange has opened a fiat gateway for Hong Kong dollars, serving a jurisdiction in which banking services for crypto firms are notoriously tough to find. Read full article
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China Has Many Strategic Reasons To Invest in Blockchain
From stopping double-lending in its credit industry to an escape from dollar hegemony, China has every reason in the world to invest in blockchain. Read full article
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New Simpsons Episode Features Jim Parsons Giving a Crypto Explainer for the Masses
The latest episode of The Simpsons has tried to break down the complex world of cryptocurrencies, with some success. Read full article
2d ago
ODE
CoinDesk
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How the Ethereum Foundation Got UNICEF to Embrace Blockchain
A donation to UNICEF may be the Ethereum Foundation’s shrewdest investment yet. Read full article
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In Defense of Justin Sun
People mock Justin Sun and TRON. But, by several metrics, it's a successful business. Time to get over the snobbery, says VC Alexander Blum. Read full article
2d ago
CoinDesk
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Central Bankers From Canada, Netherlands, Ukraine Call Blockchain Unnecessary for Digital Fiat
Central bank digital currencies have been a hot topic in blockchain circles recently, but central banks are lukewarm about blockchains. Read full article
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On EOS Blockchain, Vote Buying Is Business as Usual
Buying votes is a big no-no in traditional democracies, but on the world’s eighth-largest blockchain it’s become an accepted way of doing business. Read full article
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