Crypto News Roundup for Nov. 8, 2021
Markets Daily Crypto Roundup
With the crypto market now reaching over $3 trillion in total market capitalization and a look at stablecoin regulation, CoinDesk’s Markets Daily is back with the latest news roundup.
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Sia Network Releases Hard Fork Code to Block Crypto Mining Giants
NEWS Oct 19, 2018 at 12:00 UTC The sia blockchain network has released the formal code for an imminent hard fork that will block miners using hardware produced by Bitmain and other major manufacturers. David Vorick, founder and CEO of Nebulous – the for-profit firm behind the $239 million distributed storage protocol – announced the release…

Crypto Security Firm Dfns Adds Biometric Support to Wallet Development Toolkit
Sam is CoinDesk's deputy managing editor for tech and protocols. He reports on decentralized technology, infrastructure and governance. He owns ETH and BTC.Paris-based crypto security firm Dfns has revealed plans to incorporate biometric identification into its wallet-as-a-service toolkit, allowing crypto developers to build out wallets that use Face ID, fingerprint scanners and other biometrics to…

BlockFi, Neuberger Berman File for Spot Bitcoin ETF
A joint venture between crypto lender BlockFi and investment management firm Neuberger Berman filed for a bitcoin exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission.Notably, the BlockFi NB Bitcoin ETF would offer shares reflecting the spot value of bitcoin held by the trust.Shares issued by the trust would trade on the New York…

Former UK Chancellor George Osborne Joins Coinbase as Adviser
Former U.K. Chancellor of the Exchequer George Osborne has joined crypto exchange Coinbase's (COIN) advisory council.Osborne, chancellor from 2010 to 2016, becomes the second former U.K. chancellor to join a crypto firm. His immediate successor, Philip Hammond, joined Copper as an adviser in October 2021 and subsequently became the custody company's chairman.The appointment highlights the

Market Wrap: Bitcoin Hits $10.9K; Ether Options Signal Short-Term Volatility
Sep 28, 2020 at 20:16 UTCUpdated Sep 28, 2020 at 20:17 UTCCoinDesk 20 Bitcoin Price IndexMarket Wrap: Bitcoin Hits $10.9K; Ether Options Signal Short-Term VolatilityAn early rally Monday almost pushed bitcoin over $11,000; the ether options market expects volatility in the short term.Bitcoin (BTC) trading around $10,874 as of 20:00 UTC (4 p.m. EDT). Gaining…

Bitcoin Halving Is Poised to Unleash Darwinism on Miners
Darwinism could soon pummel some bitcoin (BTC) miners as the halving, a once-every-four-year event that cuts the reward for creating new BTC gets cut by 50%, unleashes a "survival of the fittest" battle in April.To prepare for the disruptive event, larger companies are securing newer and more-efficient mining machines. But they might also consider gobbling

Coinbase Pumps $1.1M USDC Into DeFi Sites Uniswap and PoolTogether
Apr 1, 2020 at 16:00 UTCUpdated Apr 1, 2020 at 16:12 UTCDIVE IN: The Coinbase funding provides liquidity for two of the more popular DeFi dapps on Ethereum. (Credit: Shutterstock)Coinbase Pumps $1.1M USDC Into DeFi Sites Uniswap and PoolTogetherCoinbase is putting its digital dollars where the traction is. Announced Wednesday, Coinbase has deposited $1.1 million in…

Crypto Fan Won Ohio Senate Primary That Could Alter the Industry’s U.S. Destiny
The Republican primary win of blockchain businessman Bernie Moreno in Ohio has set up the congressional race to watch for the crypto industry. Moreno will face off in the general election against crypto doubter Sen. Sherrod Brown, the chairman of the Senate Banking Committee who has been a legislative roadblock for digital assets regulation.Ohio's U.S.