Bitcoin News Roundup for May 15, 2020

Ledger, the Paris-based hardware wallet maker, has had a terrible week. And in large part, it seems they have themselves to blame.Things started out badly enough. Ledger’s May 16 introduction of the “Ledger Recover” seed phrase recovery service was greeted with skepticism from the crypto community, who worried about new security risks being introduced to…

24H Low$187.0624H High$198.23PriceMarket Stats24H Average Transaction Fee$0.015236About DashDash is derivative of Litecoin, which itself is a derivative of Bitcoin. It was created by Evan Duffield in January of 2014. It was originally known as Darkcoin but later rebranded as Dash in March of 2015. It uses a mix of miners and masternodes to validate transactions.…

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Notabene, a provider of anti-money laundering (AML) services for cryptocurrency firms, has raised $10.2 million in a Series A funding round co-led by Jump Capital and F-Prime Capital. Peter Johnson, a partner at Jump Capital, will serve on Notabene’s board of directors.Crypto exchanges Luno and Bitso, which are Notabene customers, also took part in the…

Global head of commodities research Jeff Currie believes the amount of institutional money in bitcoin needs to grow to mature the asset.(Glassdoor)Jan 13, 2021 at 9:08 a.m. UTCGoldman Sachs Exec Says More Institutional Investment Would Calm Bitcoin VolatilityAn executive at multinational investment bank Goldman Sachs believes an increase in the participation from institutional investors is…

Upcoming layer 1 blockchain Berachain opened its testnet to the public Thursday, a debut for its "proof of liquidity" consensus mechanism that garnered $42 million in funding last year.Berachain is a meme-fueled project built in the Cosmos ecosystem. Its creators are largely pseudonymous crypto developers who identify themselves online with pictures of cartoon bears –

Oct 1, 2020 at 21:44 UTCUpdated Oct 1, 2020 at 22:02 UTC(Lemon_tm/iStock / Getty Images Plus)DeFi Degens Hit Hard by Eminence Exploit Will Be Partially CompensatedIt all started with a couple of retweets.On September 28, Andrew Cronje, the head honcho at Yearn Finance, retweeted graphic designs for a new project called Eminence, so described by…

Sep 30, 2020 at 20:14 UTC(CC DF Foto/iStock via Getty Images Plus)DeFi Summer; Bitcoin FallThe attention may have been with DeFi when it was warm, but as the cold winds of COVID-19 return fears and election volatility blow, bitcoin is resuming narrative dominance.For more episodes and free early access before our regular 3 p.m. Eastern time releases,…

Jul 30, 2020 at 12:07 UTCFederal Reserve Chairman Jerome Powell (Wikimedia Commons)First Mover: Sleepy Fed Meeting Belies Tense Economic Reality (Brrr) That May Buoy BitcoinAfter a two-day closed-door meeting this week, the Federal Reserve issued a six-paragraph statement on Wednesday and held an hour-long press conference. None of that was news, of course, and neither…