Decentralized Payment Network Logos Raises $3 Million in Seed Funding
Decentralized payments platform Logos Network has successfully raised $3 million in seed funding, the startup announced Thursday.
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Exchange-Traded Products for XRP, Litecoin Go Live for EU Investors
news Exchange-traded products (ETPs) tied to the prices of the cryptocurrencies XRP and litecoin have gone live on the Nordic Growth Market, a subsidiary of the Borse Stuttgart exchange. Announced Thursday, the four ETPs (two for XRP, two for Litecoin) are available to investors based in the European Union, according to XBT Provider, the firm…

Arbitrum Temporarily Stopped Processing Due to Software Bug
The Arbitrum blockchain suffered from a bug in its software Wednesday that caused the network to stop processing transactions on-chain for several hours.There was a bug in Arbitrum’s sequencer, “responsible for taking user transactions, creating a batch of the transaction, and posting it on-chain,” according to the Arbitrum developers’ official Twitter account.The software bug “created…

South Korea Financial Regulator Proposes Consumer Protection Rules for Crypto Users
South Korea has proposed new rules to protect the customers of virtual asset services providers.The country has been ramping up regulation of the industry in recent months.The rules do not cover non-fungible tokens (NFTs).South Korea's Financial Services Commission (FSC) has proposed rules to protect the customers of virtual asset services providers (VASPs), the regulator said

Google Policy Change Forces Bitcoin Wallet to Remove Security Features
news The team behind Samourai, the privacy-focused bitcoin wallet, has removed a series of key security-related features from a version of its app as a result of “extremely restrictive policies” by Google. Having released version 0.99.04 of its app Tuesday on the digital distribution service run by Google, called Google Play, Samourai explained in a…

‘We are Running Out of Time’: U.S. House Democrat Urges Stablecoin Bill Compromise
A key Democrat on the House Financial Services Committee used a hearing on Tuesday as a chance to push for an 11th-hour compromise on stablecoin legislation. The hearing also saw Republican members hammering Securities and Exchange Commission Chair Gary Gensler on his crypto oversight record and the agency's reliance on enforcement actions to steer the

Market Wrap: Bitcoin Lingers Around $19.4K While ETH/BTC Pairing Hits Bull Mode
Dec 3, 2020 at 9:42 p.m. UTCCoinDesk 20 Bitcoin Price IndexMarket Wrap: Bitcoin Lingers Around $19.4K While ETH/BTC Pairing Hits Bull ModeThe price of bitcoin is trending up in a low-volume environment. Meanwhile, some rebalancing from bitcoin into ether has been occurring on exchanges since late November.Bitcoin (BTC) trading around $19,363 as of 21:00 UTC…

Vivek Ramaswamy, Crypto-Friendly U.S. Presidential Candidate, Suspends Campaign
Vivek Ramaswamy – who pledged to lay off most of the Securities and Exchange Commission (SEC) and direct a path for digital assets policy if elected President– suspended his campaign for Republican leadership after a fourth-place finish in Iowa.In his concession speech, Ramaswamy thanked his supporters and endorsed former President Donald Trump.“I’m going to appear

Crypto Whales Hunt for Bargains As Bitcoin Prices Slide, Data Shows
Crypto whales, entities with ample token holdings, appear to be snapping up bitcoin (BTC) at cheaper prices as the leading cryptocurrency continues to slide in the aftermath of the recent U.S. spot ETFs debut.bitcoin has dropped nearly 19% to $39,770 since the spot ETFs began trading in the U.S. on Jan. 11, CoinDesk data show.That