Bitcoin News Roundup for May 7, 2020

Multiple Ethereum-based applications including Zapper, SushiSwap, Phantom, Balancer and Revoke.cash were compromised early Thursday due to a Ledger security breach. Ledger, the Paris-based crypto hardware wallet manufacturer, said it has fixed the malicious code as of 13:35 UTC — the company also warned users to “Clear Sign” transactions, a way to ensure you are interacting

Uniswap, the world's largest decentralized crypto exchange, unveiled a new blockchain protocol "UniswapX" for trading across automated market makers (AMMs) and other liquidity sources.Details of the project were shared with CoinDesk in a press release, and Uniswap Labs CEO Hayden Adams was due to make the announcement on-stage Monday at the EthCC conference in Paris.Uniswap,…

Mar 12, 2020 at 04:00 UTCSEC (Image via Mark Van Scyoc / Shutterstock)A federal court has ordered ICOBox to pay a $16 million penalty to the Securities and Exchange Commission's (SEC) for violating U.S. securities law.On March 5, Judge Dale S. Fischer of the District Court for the Central District of California granted the SEC's…

Celo is taking on Tron in terms of daily active addresses interacting with stablecoins. The CELO token rallied over 20% on Wednesday. Celo, an Ethereum layer 2 and blockchain-based ecosystem dedicated to mobile-first decentralized applications and smart contracts, is challenging Tron's position as the chain with the most daily active addresses using stablecoins. The seven-day

May 7, 2020 at 11:20 UTCUpdated May 7, 2020 at 11:25 UTCCredit: Shutterstock/Vinicius BacarinFirst Mover: Bitcoin’s ‘Halving’ Is Coming Even Sooner Than You RealizeBitcoiners planning around next week's "halving" on the blockchain network need to keep checking their countdown clocks: Every time they look, it seems it's coming a little sooner.Last week, Michael Maloney, chief financial officer of Coinmint LLC, a…

Cathie Wood’s ARK Invest has sold $12 million worth of Coinbase’s (COIN) shares as the stock races to a near one-year high after the exchange announced a surveillance-sharing agreement with five spot bitcoin (BTC) exchange-traded fund (ETF) applicants.As previously reported, Coinbase stock closed up 16% after the announcement on Thursday. Previously, the Securities and Exchange…

The Financial Accounting Standards Board (FASB), a U.S. entity that details how companies should report assets on their balance sheet, published a standards update on Wednesday that will let corporations recognize "fair value" changes in crypto holdings.The move will benefit companies with crypto on their balance sheets, like MicroStrategy (MSTR). Under the existing rulebook, companies

Few cryptocurrency projects are evangelizing in emerging markets as aggressively as dash, giving $2.3 million to communities in the developing world.

Mar 24, 2020 at 19:41 UTCUpdated Mar 24, 2020 at 20:07 UTCThe CFTC is granting companies a 90-day period to comply with its new guidance around "actual delivery." (CFTC Chairman Heath Tarbert image via CoinDesk archives)The CFTC Just Defined What ‘Actual Delivery’ of Crypto Should Look LikeThe U.S. Commodity Futures Trading Commission (CFTC) published its…