Announcements, Stories, Opinions And Ideas

A weekly digest of relevant news about digital assets and crypto, outlining crucial blockchain industry updates that you may have missed.

How the US and Europe Are Regulating Crypto in 2020
Crypto regulation in 2020: The U.S. tightens regulation of crypto, while India has finally allowed banks to get involved with firms Launches OTC Crypto Trading Platform With $5 MM Insurance partners with prime trust, custodian heavyweight.
Crypto Hedge Fund Neural Capital Closes After Losing Half Its Money- CoinDesk
Neural Capital, a hedge fund that traded crypto assets, has quietly shuttered. The fund has lost half its money since launching in 2017.
Regulatory Attention and Fraudsters: Bad Crypto News of the Week
Check out this week’s Bad Crypto podcast
Crypto Firm Hacked for $1.4M Admits It Will Struggle to Reimburse Users - CoinDesk
Madrid-based payment app and card issuer 2gether said it can only reimburse investors with its native tokens following Friday’s hack.
State-Run Bank in Switzerland to Launch Crypto Services
Swiss cantonal bank Basler Kantonalbank becomes the first bank in Switzerland to announce its crypto plans
Coinbase Follows Huobi in Supporting .Crypto Domains-Based Payments
Coinbase Wallet now allows to register and store “.crypto” domains, featuring payments through domain handles instead of cryptographic addresses
German Regulator Seizes Crypto ATMs - CoinDesk
Germany’s financial regulator BaFin is seizing bitcoin ATMs run by “Shitcoins Club” months after ordering its operator to cease trading crypto.
Crypto Traders Talk Bitcoin Price Direction After BTC’s Swift 13% Drop
The price of Bitcoin dropped 13% in 15 minutes on Sunday, and traders are seeing various scenarios playing out for BTC
CoinDCX Becomes First India Exchange to Offer Users Crypto Staking - CoinDesk
Mumbai-based cryptocurrency exchange CoinDCX launched its new product on Friday, allowing users to stake cryptocurrencies from Harmony, Qtum and Tron.
Industry Calls on US Regulator to Open Floodgates on Banks’ Crypto Capabilities
A number of crypto businesses and non-profits have written to the main banking regulator in the U.S. asking for banks to have more authorization to deal with crypto
Market Wrap: Bitcoin Dips to $11.5K; Cardano Is Making a Big DeFi Move - CoinDesk
After testing a $11,900 high bitcoin takes a dip while a DeFi competitor to Ethereum checks off a roadmap box.
Bitcoin Halving and Ethereum 2.0 Bring Big Changes for Crypto Miners
How Bitcoin’s third halving, Ethereum 2.0’s launch and the COVID-19 pandemic are affecting the crypto mining industry