Crypto to ‘Banana Singularity,’ Bybit halts India services, and more: Hodler’s Digest, Jan. 5 – 11

Democratic presidential nominee Kamala Harris made another public statement about digital assets during a Wednesday speech at the Economic Club of Pittsburgh.

The world’s largest digital asset management firm has pulled advertising from a Fox News prime-time show following controversial comments about a recent U.S. shooting. Grayscale Investments, a major crypto investment firm with $5.8 billion in assets, has pulled advertising from Tucker Carlson’s prime-time show following the host’s controversial comments about a recent shooting at a…

Court-appointed examiner Shoba Pillay submitted her final report on select aspects of operations at bankrupt cryptocurrency Celsius on Jan. 31. The document was commissioned on Sept. 29 and is 470 pages long, not counting the 31 appendices.Pillay is a former federal prosecutor and partner at law firm Jenner & Block. She looked at how customer…

A handful of industries and tech workers are shifting from Web2 to Web3 and with this move, awareness of blockchain technology is also spreading.The Ethereum Name Service (ENS) is one project that is looking to help facilitate Web3 adoption by making it easier for DApp users to interact with the Ethereum network. This is accomplished…

After BottlePay’s shutdown announcement last week, two more European cryptocurrency firms have shut down because of the upcoming Anti-Money Laundering (AML) rules in the European Union.Online crypto gaming platform ChopCoin and mining pool Simplecoin both announced that they are shutting down in under a month in a notice on their website. Both firms cite the…

Billionaire Bill Ackman has called upon the city authorities to ensure that more innovators don’t migrate because of the regulatory hurdles. 64 Total views 11 Total shares Billionaire investor Bill Ackman has called upon New York City mayor to look into the crypto regulatory clampdowns associated with BitLicense.A New Yorker shared his aghast on Twitter…

Ethereum co-founder believes that CBDCs are good for macroeconomics, but there are also certain challenges. 2462 Total views 4 Total shares Central bank digital currencies, or CBDCs, will be fairly easy to convert into cryptocurrencies in the future, Ethereum co-founder Vitalik Buterin believes.Speaking at the Singapore Fintech Festival 2020 on Dec. 9, Buterin said that…