Bitcoin News Roundup for Feb. 27, 2020

news The Australian Tax Office (ATO) has sent out warning letters to investors who have placed the majority of their retirement savings in cryptocurrencies. As part of an ATO effort to warn against high-risk retirement investment strategies, 18,000 holders of Self-Managed Super Funds (SMSFs), a type of retirement account privately managed by individuals, were told…

Someone paid $3.1 million in transaction fees for a bitcoin (BTC) transfer on Thursday. Bitcoin miner Antpool was rewarded for mining the block. It received the standard 6.25 BTC as well as 85.2163 BTC in fees for all transactions included in the block, on-chain data shows.Today's transfer, mined in block 818087, becomes the largest transaction

Sam Bankman-Fried’s attempt to get out of jail before the start of his trial next month was rejected by an appeals court.In August, the FTX founder’s release on bond was revoked and he was locked up because a judge ruled he’d probably tried to tamper with witnesses. Earlier this month, his request to overturn that

The only Canadian hub to make it into our final ranking, Vancouver had a strong showing in per-capita opportunity measures including crypto jobs, companies and events, as well as a particularly high score for quality of life, in our enabler category. But like its neighboring U.S., Canada’s crypto regulatory structure score was just middling, sitting…

Jul 28, 2020 at 19:30 UTCUpdated Jul 28, 2020 at 19:45 UTCEnigma cipher machine (EQRoy/Shutterstock)Community Behind Privacy-Focused Smart Contract Forges Ahead After SettlementThe community behind “secret contracts” is moving forward after months of delay.  The Secret Network, an open source network that protects data for users of decentralized applications, known as “Secret Apps,” has started…

IBIT options surpassed $2 billion in notional exposure. The launch of options on bitcoin ETFs had the approval of just 25,000 contracts as a position limit. According to Bitwise's head of alpha strategies, Jeff Park, by industry standards, bitcoin ETF options should have seen around 400,000 contracts. 01:01 Bitcoin Breaks $64K While Gold Soars 00:56

Cryptocurrency exchange Bitstamp is getting a new matching engine developed by Cinnober, a global provider of exchange and clearing technology whose clients are mostly traditional stock and commodity markets. Cinnober's TRADExpress Trading System will replace Bitstamp's in-house matching engine, the companies announced Monday. The new system will drastically increase the exchange's capacity to match orders, which is…

news ErisX is beefing up its leadership ahead of the launch of cryptocurrency spot and futures trading early next year. Revealed exclusively to CoinDesk, the digital asset trading platform has hired markets and exchanges veteran Matt Trudeau as chief strategy officer. The news comes a week after ErisX closed a Series B funding round that raised $27.5 million…

Bitcoin's key volatility metrics are hovering at multiyear lows, suggesting the potential for a move higher back toward the mean.Some traders, however, are saying the initial optimism around the set of spot-ETF applications has faded and options look pricier.Shorting volatility through options is a risky strategy and requires active management of the position.There is a…