Bitcoin News Roundup for Feb. 20, 2020

Cathie Wood's ARK Invest sold $33 million worth of Coinbase (COIN) stock on Tuesday after the crypto exchange's shares touched a 19-month high on the back of bitcoin's (BTC) latest surge, based on the day's closing price.ARK sold a total of 237,572 COIN shares across three different exchange-traded funds (ETFs): Innovation (ARKK), Next Generation Internet

Jun 22, 2020 at 15:56 UTC(PhotographerIncognito/Shutterstock)The Big Thing Holding Back India’s Crypto BoomUntil recently, India’s crypto industry had much reason for optimism. In March, the country’s Supreme Court overturned a ban on banks working with exchanges, clearing a major hurdle. Then the coronavirus pandemic seemed to improve the business case for digital currency, with several…

Feb 6, 2020 at 16:00 UTCUpdated Feb 6, 2020 at 16:28 UTCSEC Commissioner Hester Peirce detailed a three-year safe harbor period for crypto startups to achieve a level of decentralization after conducting a token sale on Thursday. (Image via CoinDesk archives)SEC Commissioner Hester Peirce wants to give legitimate crypto projects a shot at success without…

ARK sold a total of 69,069 COIN shares on Thursday, the biggest single-day sale since May 7. Having sold only $2.88 million of COIN in June and $7.93 million in July, Thursday's sales mean ARK has sold more in one day than in the previous two months combined. Cathie Wood's investment company ARK Invest sold

news After a four-day vote open to all token holders, users of MakerDAO’s dollar-pegged, ethereum stablecoin DAI have voted to increase the costs associated with its primary service – programmatic lending.  Finalized Thursday, the first round of voting will put in motion another vote to raise the “DAI Stability Fee” that would increase this cost to users…

news A U.S. city plans to utilize a blockchain system to store and track votes in its upcoming municipal elections in May. Denver, Colorado, announced Thursday that it would implement a pilot program to allow overseas voters, active-duty military personnel and their eligible dependents to vote using a blockchain-based smartphone app in collaboration with Tusk…

Ethena has announced a new stablecoin that invests its reserves in Blackrock's real-world asset fund called BUIDL. The team said UStb can support its synthetic stablecoin USDe during tough market conditions by allowing Ethena’s governance to close USDe hedging positions and reallocate assets to UStb. Ethena announced today that it's developing a new stablecoin called

news EOS maker Block.One must pay $24 million in penalties for conducting an unregistered securities sale, the U.S. Securities and Exchange Commission (SEC) announced Monday evening. The SEC said in a press release that Block.One “raised the equivalent of several billion dollars” over a one-year period in an unregistered initial coin offering (ICO). (A total…

news Stock exchange operator Nasdaq is adding indices for bitcoin and ethereum to its global data service later this month. The company announced Monday that it has partnered with New Zealand-based blockchain data and research firm Brave New Coin to offer information on the two new indices starting Feb. 25. The Bitcoin Liquid Index (BLX) and the…