MARKETS DAILY: Crypto News Roundup for Jan. 28, 2020

Mar 23, 2020 at 13:40 UTCFederal Reserve. Credit: ShutterstockBitcoin's price shot up along with gold and stock futures after the U.S. Federal Reserve announced a quantitative easing package with no upper limit to support the economy amid the coronavirus crisis. Immediately after the 12:00 UTC announcement, bitcoin jumped from $5,860 to $6,628 in an hour,…

news Bitfinex says it was conned. The crypto exchange and sister company of Tether claimed Friday that it was the “victim of a fraud” at the hands of Crypto Capital, a payment processor that allegedly lost $880 million of Bitfinex’s money. Crypto Capital’s president, Ivan Manuel Molina Lee, was arrested Thursday by Polish police on…

news Belarus-based blockchain startup Currency.com has launched a trading platform for tokenized securities. The firm announced Tuesday that the platform would allow investors to directly trade and invest in financial instruments using the cryptocurrencies bitcoin or ethereum, without first converting to fiat. The platform will initially host over 150 tokenized securities, tracking the underlying market…

Bitcoin mining difficulty fell about 6% last week, the report said.The broker noted that bitcoin miners with the lowest costs have increased market share since the halving.Bernstein said a pause in the bitcoin rally is good for lower cost miners as hashrates remain capped.Bitcoin (BTC) mining difficulty fell around 6% last week in the most

Spectral Labs, a crypto development firm focused on artificial intelligence, wants to make it easier for non-programmers to build on blockchains. On Tuesday the company will launch Syntax, an AI app that can help anyone – coders and non-coders alike – spin up smart contracts for Ethereum and dozens of other blockchains.While Syntax represents an

NEWS “We’re kind of agnostic on price.” That’s Jeffrey Sprecher, the founder, chairman and CEO of Intercontinental Exchange (ICE), speaking during a panel discussion at CoinDesk’s Consensus: Invest conference on Tuesday. Sprecher appeared with Kelly Loeffler, the CEO of Bakkt, the bitcoin futures platform backed by ICE that is gearing up for a planned launch…

news Finland-based LocalBitcoins, a peer-to-peer bitcoin trading portal, says it has suffered a hack that affected a small number of users. The firm posted an update on Reddit on Saturday saying that it detected the security breach at around 10:00 UTC the same day, “which was related to a feature powered by a third party software.”…

Oct 23, 2020 at 17:52 UTCUpdated Oct 23, 2020 at 18:12 UTCKen Kurson (Astrid Stawiarz/Getty Images for DuJour)Ken Kurson, a board member of payments firm Ripple and the co-founder of cryptocurrency website Modern Consensus, was arrested Friday and charged with cyberstalking in connection with his divorce, the New York Times reported. Kurson, who is a close…

news China’s Sichuan province, which is estimated to have over half of the global bitcoin mining hash power, should further study how to remain attractive to the crypto industry, state media Sichuan Daily cited a local politician. According to a report by the local party mouthpiece on Monday, the Sichuan Decision-Making Consulting Committee, a government-backed…