Bitcoin News Roundup for April 8, 2020

Down 23.21 percent, MIOTA, the cryptocurrency that powers the IOTA software, has officially ended September's trading period as the biggest loser among the largest 25 crypto assets by market capitalization. Data reveals MIOTA limped across the finish line as the month came to a close, expending declines that began with highs set in late August…

The crypto market participants increasingly find themselves in the cross hairs of elected officials and regulators who are concerned that investors do not understand the assets they are investing in.Regulators and market participants can address these risks and help restore confidence in crypto assets by coming together to create a standardized disclosure framework that better

Binance Labs, the venture capital arm of the world’s largest crypto exchange by trading volume, has committed to investing $5 million in the Curve DAO Token (CRV), the token behind the Curve decentralized exchange (DEX) on the Ethereum blockchain. As part of the collaboration, Curve is exploring a potential deployment on Binance’s BNB Chain, according…

news A lot of loans have been made in crypto, but lenders have not reaped a lot of profit. That’s the big takeaway from a new report by Graychain, a startup looking to bring credit assessment to the crypto space. The startup released its first report on the collateralized crypto lending industry Thursday, estimating that…

news Dubai-based crypto exchange BitOasis is one step closer to launching a regulated custodian and trading platform in United Arab Emirates after receiving an in-principle approval (IPA) from the nation’s financial regulator. The bitcoin startup announced Monday that the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) had granted it the IPA,…

Aug 31, 2020 at 14:25 UTCUpdated Aug 31, 2020 at 14:33 UTCCoinbase CEO Brian Armstrong (CoinDesk archives)Coinbase has added legendary investor Marc Andreessen of venture capital firm Andreessen Horowitz and Gokul Rajaram, a DoorDash executive, to its board of directors. Andreessen, whose tech-focused venture firm manages $12 billion, will operate as a board observer and…

news North Korea has been using a Hong Kong-based blockchain company to launder money, according to a quarterly report from the UN Security Council’s Sanctions Committee on North Korea. As reported by South Korean newspaper Chosun, North Korea employed a shipping and logistics firm called Marine China, which runs on a blockchain platform, to avoid international…

Base, the layer 2 blockchain backed by Coinbase (COIN), averaged a record high of 15.88 transactions per second (TPS) over the past 24-hours, beating Ethereum and rival layer 2 blockchains Arbitrum and Optimism, according to l2beat.The 15.88 TPS figure marks a 156% rise over the past weeks as investors flock to Base to gain access…

Ethena Labs, the decentralized finance (DeFi) protocol that offers the $1.3 billion yield-earning USDe, has opened claims for its new governance token (ENA).In a post on X on Tuesday, Ethena invited holders of USDe to claim their share of the airdrop of 750 million ENA tokens, equating to 5% of the total supply, which is