Bitcoin News Roundup for May 4, 2020

news Singapore’s central bank, the Monetary Authority of Singapore (MAS), is seeking more information from Facebook about its recently unveiled cryptocurrency project, Libra. As reported by Bloomberg, MAS managing director Ravi Menon said at a media briefing on Thursday that his institution has held talks with the social media giant over concerns about how Libra would function,…

Cryptocurrency mining company BIT Mining (NYSE: BTCM) is investing another $11 million in the Ohio site it is developing with Viking Data Centers.BIT Mining said $9.8 million will be paid in cash and the rest in cash or shares.That’s on top of the $12.4 million it agreed to invest in September.The investment will take BIT…

Token trading platform Templum Markets has launched a sale of a token allowing accredited investors to buy shares in a popular Colorado resort. 

news Leaked comments from an internal Facebook meeting in July show CEO Mark Zuckerberg addressing regulatory and customer identification concerns voiced by employees over the social media giant’s new payment network, Libra. In the closed-door staff meeting – held soon after Calibra chief David Marcus responded to lawmakers at hearings in the U.S. – Zuckerberg acknowledged…

The Chicago exchange has now traded 77 ETH contracts after going live on Sunday.Feb 8, 2021 at 10:04 a.m. UTCUpdated Feb 8, 2021 at 10:10 a.m. UTCEthereum Futures Are Now Trading on CMEThe Chicago Mercantile Exchange (CME) has launched its much-anticipated futures contracts for ether – the native cryptocurrency of the Ethereum blockchain network.Announced in…

Ethereum 2.0 validators earned their highest daily total income ever on Feb. 8, at $1.2 million. Feb 10, 2021 at 12:30 p.m. UTCUpdated Feb 10, 2021 at 3:13 p.m. UTCValid Points: Eth 2.0 Validators Earn Record $1.2M as ETH Price Rallies“The biggest risk for Ethereum is that it could end up like the Concorde.”That’s Lyn…

This week in prediction markets:Trump is convicted, but bettors on Polymarket have a conviction he'll stay out of prison and return to the White House.No rate cut this year, Kalshi traders sayDonald J. Trump is the first U.S. president, former or otherwise, to be convicted in criminal court. But this dubious distinction did little to

news The latest person to claim authorship of the bitcoin code created under the pseudonym Satoshi Nakamoto isn’t really about claiming to be its original creator, rather he’s just out to satirize that such a thing could even be attempted at all. Wei Liu, CEO of Coinsummer, a crypto market research firm, and former CEO…

In 2020, the Financial Crimes Enforcement Network proposed imposing know-your-customer requirements on unhosted wallets, drawing immense backlash from the crypto industry. This week, the Treasury Department formally withdrew the proposal. 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. Know