Bitcoin News Roundup for May 1, 2020

news The U.S. Securities and Exchange Commission (SEC) has issued a “no-action” letter to TurnKey Jet, Inc., agreeing that tokens used by the business travel startup are not securities. The regulatory stamp of approval is contingent upon the company using its tokens under certain conditions. Those conditions include: Token-generated funds cannot be used to develop…

Sep 25, 2020 at 13:08 UTCBitcoin has been likened to a "pet rock," but tokenization allows it to be deposited for interest in DeFi applications on the Ethereum blockchain - and now Tron too. (Flickr Creative Commons, modified by CoinDesk) First Mover: Tron's Play for WBTC Shows Competition to Relieve Ethereum CongestionCompared with the traditional…

Oct 12, 2020 at 16:34 UTCMonero (XMR) 1-year chart, Oct. 12, 2020.Major privacy-focused cryptocurrencies jumped on Monday, with monero (XMR), the biggest of the lot, extending its impressive recent run to two-year highs. The move came after a group of countries jointly called for “back doors” into encryption software. That backdoor access potentially diminishes the…

Sep 28, 2020 at 17:08 UTCUpdated Sep 28, 2020 at 17:18 UTC(Kris Mikael Krister/Unsplash)Ocean Protocol Forks to Retrieve Tokens Stolen From KuCoin ExchangeArtificial intelligence and data service Ocean Protocol has suspended its old contract on the Ethereum blockchain and hard-forked its project, following the $150 million KuCoin hack.On Sunday at 22:00 UTC, Ocean Protocol announced…

news Facebook CEO Mark Zuckerberg defended free expression in a speech at Georgetown University on Thursday. “[The internet] allows people to share things that wouldn’t have been possible to share before,” he said. However, “we’re seeing people across the spectrum try to define more speech as dangerous because it may lead to political outcomes that…

news The price of Bitcoin (BTC) jumped 5.1 percent on Wednesday to the highest price in three weeks, after the Federal Reserve (Fed) said it would print money to expand the size of bank reserves – seen as a move by the U.S. central bank that could spark inflation. Traders said optimism also was buoyed…

Crypto trader Avi Eisenberg won't stand trial until April 8, 2024, after the judge overseeing the alleged Mango Markets exploiter's case agreed to a delay just a month before the trial was scheduled to begin.Federal prosecutors allege Eisenberg committed commodities manipulation and wire fraud when he deployed a "highly profitable trading strategy" against the Solana-based

The Intercontinental Exchange's upcoming cryptocurrency trading platform Bakkt will officially launch on December 12, pending regulatory approval. ICE announced Monday that Bakkt could begin offering physically settled bitcoin futures contracts in December, marking the first cryptocurrency-related offering provided through the new platform. Bakkt will hold the bitcoins backing the futures contract in the ICE Digital…

news Circle CEO Jeremy Allaire says the U.S. lagging behind China’s development of a national digital currency could alter the way Western companies transfer payments. Speaking on the Global Coin Research podcast this week, Allaire said China is setting the pace in the development of a digital currency equivalent of its fiat currency, the renminbi,…