BTC dumps as Coinbase CEO mentions potential US regulations for crypto wallets
Shaurya Malwa · 5 days ago · 2 min read · Insights via
Brian Armstrong 
Bitcoin › Adoption
Weiss Crypto Ratings upgrades Bitcoin an A- or excellent rating as BTC surges past $10,000
Weiss Crypto Ratings updated its rating for Bitcoin, which again surpassed the $10,000 mark and is currently trading at $10,068.
Bitcoin › Coinbase › Adoption
Nearly 1 million Bitcoins worth $8.4 billion now held in Coinbase’s cold storage wallets
San Francisco-based crypto exchange Coinbase is reportedly holding nearly 1 million Bitcoin (BTC) in its cold storage wallets.
Tether › Adoption
Pornhub adds support for Tether following PayPal’s ban last year
Pornhub, a leading adult entertainment website, recently began supporting a new cryptocurrency payment method after PayPal ended support for the company’s models last year.
Bitcoin › Analysis
CME Bitcoin options volume increases by over 100 percent to $5.3 million just a week after launch
Trading volume for Bitcoin (BTC) options from the Chicago Mercantile Exchange, or CME Group, has increased by over 100 percent in just the first week after their launch.
Bitcoin › Australia › Adoption
Micro-investment fintech Raiz to offer Bitcoin-exposed retail fund to over 300,000 Australian clients
Raiz, a micro-investment Fintech company, is reportedly planning to offer retail investors exposure to Bitcoin (BTC) through its new fund.
XRP › Adoption
FinNexus to use XRP Ledger to implement tokenized asset platform
FinNexus, a Fintech firm that’s creating an open-source finance protocol, is planning to launch a digital asset platform on the XRP Ledger.
EOS › Technology
Block.one confirms Voice will not launch on EOS mainnet, will run on “purpose-made” EOSIO blockchain
Brendan Blumer, CEO at Block.one, the company behind the development of EOS and Voice, a new blockchain-based social media network, confirmed that the technical beta version of Voice will be released on February 14, 2020.
Binance › Huobi › Analysis
Chainalysis says Binance and Huobi allegedly used for billions of dollars in criminal Bitcoin activity
Leading blockchain security and analytics company Chainalysis recently revealed that it tracked $2.8 billion in Bitcoin (BTC) that was allegedly transferred by criminal elements to major digital currency exchanges last year.
Turkey › Adoption
Major Turkish city to introduce its own cryptocurrency for settling everyday transactions
Ugur Ibrahim Altay, the Mayor of Konya, Turkey’s seventh-most-populous city, recently confirmed that the initial steps required to launch a cryptocurrency project called “city coin” had been completed.
Ethereum › Adoption
NBA team introduces Ethereum-based auction platform for $5.4 billion sports memorabilia industry
The Sacramento Kings, an NBA basketball team, has partnered with ConsenSys, the leading Ethereum (ETH) development studio, to introduce a new auction platform that handles live bidding on in-game sports gear using a supply chain product called Treum.
Bitcoin › Coinbase › Exchanges
Former Coinbase VP: we moved billions of dollars into Bitcoin “in large part because of Plaid”
Dan Romero, former vice president at leading crypto exchange Coinbase, confirms that the US-headquartered trading platform has been able to move billions of dollars into Bitcoin (BTC) through the US automated clearinghouse (ACH) system, which is a large electronic fund transfer system that handles payments in the country.
Altcoins
Does the Bitcoin SV Genesis upgrade support the narrative that Craig Wright is Satoshi?
Contentious Bitcoin Cash hard fork Bitcoin SV (BSV) has surged over 25% percent in the past 24 hours.
Ethereum › Hacks
Ethereum network survives malicious attack, but raises serious security concerns
The Ethereum (ETH) blockchain survived what appeared to be an intentional attack on December 31, which reportedly came very close to bringing down the entire network.
![Stasis CEO explains why it’s beneficial to tokenize national fiat currencies [INTERVIEW]](https://cryptoslate.com/wp-content/themes/cryptoslate-2020/imgresize/timthumb.php?src=https://cryptoslate.com/wp-content/uploads/2019/10/gregory-klumov-interview.jpg&w=180&h=94&q=75)
Stablecoins
Stasis CEO explains why it’s beneficial to tokenize national fiat currencies [INTERVIEW]
Gregory Klumov, founder and CEO of Stasis, a platform that allows users to legally digitize any type of financial asset in a secure and transparent manner, says that after creating the framework for digital assets in Malta, he made a strategic shift into entrepreneurship in order to develop crypto-related products for institutional investors.
Partnerships
Coinfirm partners with Kroll to help users recover lost or stolen crypto
Pawel Kuskowski, CEO at London-based Coinfirm, a company focused on developing regulations technology, or Regtech, for blockchain-based financial assets, estimates that there’s $10 billion in stolen cryptocurrencies.
Bitcoin › Analysis
Bitcoin is approaching $1 billion in all-time transaction fees, $15 billion in miner fees
Bitcoin is nearing $1 billion in total, all-time transaction fees and $15 billion in all-time miner revenue, according to Coin Metrics’ latest State of the Network report.
XRP › Adoption
MoneyGram officially using XRP through Ripple’s xRapid for cross-border payments
MoneyGram revealed it is now commercially leveraging XRP through Ripple’s xRapid for cross-border transactions, according to the latest earnings call.
Bitcoin › Adoption
Bitcoin and crypto purchases will be prohibited with Apple’s new credit card
Apple and Goldman Sachs’ new credit card will not let users buy cryptocurrencies.
Zcash › People
Zcash’s development funding will get slashed without community action
Funds dedicated to Zcash’s ongoing development will see a drastic reduction from the ZEC block reward halving in October of 2020.
Iran › Analysis
What Bitcoin and Ethereum can teach GitHub following the Iranian user ban
GitHub, a San Francisco-based open-source code hosting provider, was prevented from providing sanctioned nations, including Iran and Syria, with access to their supposedly open-source services.
Omar enjoys writing about all topics related to Bitcoin, blockchain, and cryptocurrency. He is most interested in crypto regulations, quantum resistant blockchains, and Ethereum and Bitcoin Core development. His academic background includes an undergraduate degree in computer science from the University of Nevada and a masters of science in psychology from the University of Phoenix. He works as an application developer for the University of Houston and a data storage specialist for Dell EMC.
