Crypto News Roundup for Jan. 27, 2020

Global tech giant Intel, known for its widely-used computer processors, has won a patent connected to its work in the area of cryptocurrency mining. On Tuesday, the U.S. Patent and Trademark Office awarded the company a patent outlining a processor which claims to be able to conduct “energy-efficient high performance bitcoin mining,” specifically naming the…

Bitcoin has been trending higher for two days but ether is in the spotlight now. CoinDesk 20 Bitcoin Price IndexFeb 3, 2021 at 9:35 p.m. UTCMarket Wrap: Bitcoin Cracks $37.2K as Ether Breaks Through to Record-High $1.6KBitcoin is back on a bull run but ether has hit a new all-time high and traders see it…

news The Depository Trust & Clearing Corporation (DTCC) has pushed back the release of its blockchain-based post-trade system for derivatives by several months, in part because of complications created by Brexit.  The official line from the U.S. central securities depository (CSD) is that the delay, which has not been previously reported, is to allow for additional…

Despite the uncertain regulatory environment in the U.S., investment and adoption of crypto assets is not slowing down.The UK, European Union, UAE, and Southeast Asia have all enacted legislation concerning crypto assets and decentralized finance participation. U.S. investors, both individuals and businesses, remain interested in and continue to invest in and use blockchain-based systems.This continued…

news Gemini, a cryptocurrency exchange co-founded by Tyler and Cameron Winklevoss, announced it will join the crypto-lending Silvergate Exchange Network (SEN). Through the network, Gemini’s institutional clients are now able to transact in U.S. dollars “24 hours a day, 7 days a week, and 365 days a year,” according to a statement made Aug. 27. This…

Jan 9, 2020 at 18:11 UTCUpdated Jan 9, 2020 at 18:26 UTCSEC image via ShutterstockThe Securities and Exchange Commission (SEC) has filed suit against Donald G. Blakstad for scamming investors partly through an allegedly fraudulent crypto mining operation.In a filing Jan 8, the SEC alleged Blackstad, 60, bilked over $3.5 million from investors of three…

The first few days of Sam Bankman-Fried’s trial have not been going in his favor, general consensus seems to suggest. Prosecutors for the U.S. Department of Justice (DOJ) are establishing the case that the FTX founder was deeply involved in a long-term scheme to defraud customers and investors, throwing a wrench in the fallen crypto

China's top-level internet censorship agency has set out how it plans to regulate blockchain-related service providers in the country. The Cyberspace Administration of China (CAC) published a draft policy on Friday, called "The Regulation for Managing Blockchain Information Services" and is now looking for public feedback before it will take effect. The rules, if enacted, would…

CEXs and DEXs are often seen as competitors, but can be complementary with a CEX running a decentralized backend to guarantee security, transparency and permissionless transactionsCentralized frontends are needed for users that can’t or won’t self-custody. Not everyone will use a DEXOn-chain transparency prevents shady issues related to misuse or commingling of funds, including outright…