Bitcoin News Roundup for May 5, 2020

news Arguments that Bitfinex and Tether served New York residents through 2018 are misleading, new legal filings by the companies claim. A new affirmation by Bitfinex and Tether general counsel Stuart Hoegner says a previous filing by the New York Attorney General’s office claiming that Empire State residents used the companies’ platforms for far longer than…

NEWS The U.S. Securities and Exchange Commission (SEC) has compelled two crypto startups to register their token sales as securities offerings. It’s the first time the SEC has pursued such an action without additional charges of fraud. In a pair of orders published Friday morning, the SEC announced it had settled charges with CarrierEQ Inc.,…

Cryptocurrency markets had a rough run in August with only a handful of projects making it into the green. Major names such as ethereum, bitcoin and XRP all dropped on the month, down 35.45, 9.44, and 27.93 percent, respectively. Adding pressure to the situation, bitcoin's dominance rate rose substantially, up 6 points from July's period…

news Imgur, a popular image hosting site, revealed it has received $20 million in venture equity from Coil, a micropayments tool for content creators. In addition to the funding, Imgur has agreed to build Coil into its platform, which receives 300 million monthly users, to provide micropayments to users who view content, according to a…

news The Takeaway BlockFi’s interest-yielding deposit accounts, launched in beta in January and fully live this month, have attracted more than $35 million in crypto. Most of it is being lent to institutional borrowers. BlockFi’s terms of service give the company significant leeway over how it uses depositors’ funds and what interest rate it can…

Coinbase published fresh numbers Friday on how much capital has flowed onto the exchange in recent months.Coinbase President and COO Emilie Choi speaks at Consensus 2019.(CoinDesk archives)Jan 22, 2021 at 8:15 p.m. UTCUpdated Jan 22, 2021 at 8:30 p.m. UTCCoinbase Now Has Over $90B in Assets on PlatformCoinbase saw whopping growth in 2020 as bitcoin…

Dec 9, 2019 at 14:07 UTCUpdated Dec 9, 2019 at 14:07 UTCBakkt COO Adam White at CoinDesk's Invest NYC 2019Bakkt Goes Live With Options, Cash-Settled Futures ProductsBarely three months after launching its long-anticipated physically settled bitcoin futures product, the Intercontinental Exchange’s Bakkt has gone live with its bitcoin options and cash-settled futures contracts.The New York…

Bitcoin fell by 3.2% in the 30 minutes after it surged above $69,000.Historical cycles show that a conclusive all-time high breakout is often followed by a sustained period of upside price action.More than $84 million of derivatives have been liquidated in the past four hours, the majority of which have been long positions.Bitcoin (BTC) rose

New unsealed court documents shed fresh light on what happened with the massive amounts of bitcoin stolen from Mt. Gox, the bitcoin that was hacked spectacularly starting in 2011.The two unsealed indictments offer a rare glimpse into the U.S. law enforcement investigations into two of the oldest bitcoin companies, Mt. Gox and BTC-e.According to the…