Bitcoin News Roundup for April 7, 2020

Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Danny is CoinDesk's Managing Editor for Data & Tokens. He owns BTC, ETH and SOL.Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.The AI overlords are coming for your coins.DeFi lender marginFi on…

Jun 4, 2020 at 21:28 UTCUpdated Jun 4, 2020 at 21:29 UTCA lawsuit alleges Xapo is holding roughly 20 stolen BTC in a pair of hot wallets. (Credit: CoinDesk archives)A crypto trader is trying to seize nearly 500 bitcoin from Xapo and Indodax through a new lawsuit that accuses the two crypto exchanges of harboring…

Part of the estimated $400 million stolen last November from the now-shuttered FTX crypto exchange may have links to Russia-based cybercriminal groups, research from analysis firm Elliptic shared with CoinDesk shows.The funds, mostly in ether (ETH), lay dormant for five days before a tranche of 65,000 ETH ($100 million) was transferred to the Bitcoin blockchain

The SEC was rebuked by a court in August for how it rejected Grayscale’s application to turn its bitcoin (BTC) trust into an ETF.The regulator won’t appeal that loss, a person familiar with the matter said Friday, boosting the odds the Grayscale Bitcoin Trust (GBTC) can be turned into a more-appealing ETF.BTC's price jumped on

news Another top executive is leaving ConsenSys. Chief marketing officer Amanda Gutterman is the latest to depart the ethereum venture studio, according to two sources familiar with the matter. She becomes the third executive departure in recent months, with Andrew Keys announcing his new project on June 6 and former ConsenSys Ventures head Kavita Gupta…

Let me peel back the curtain. To get a pulse of how traders are thinking about the current crypto landscape, it’s instructive to see how this very article evolved. Originally, I had intended for it to be called, “How Traders Find Edge in Crypto Winter.”Except traders had a different message for me: It’s no longer

news A banker from HSBC urged the U.S. Commodity Futures Trading Commission (CFTC) to make more “positive noise” about distributed ledger technology (DLT), in order to encourage adoption by hesitant businesses. Among other recommendations for the agency, “it would also be beneficial if the CFTC would give some positive words around DLT and DLT adoption,” HSBC senior vice…

news Telegram has notified investors that the TON blockchain project will be launched later than planned, pushing the deadline from Oct. 30 to April 30, 2020. In an email to investors reviewed by CoinDesk, Telegram cited its recent run-in with the Securities and Exchange Commission (SEC), which obtained a restraining order prohibiting Telegram from launching…

Earlier this month, representatives of the crypto industry filed responses to the Senate Finance Committee’s request for comment on tax rules around digital assets.You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions.Tax rulesThe narrativeThe leaders of the Senate Finance Committee