Category: CoinDesk
A poorly managed mining farm in St. Petersburg, Russia, set an apartment on fire and injured the operator, according to a report. Source: https://www.coindesk.com/russian-hospitalized-after-mining-farm-sets-apartment-on-fire
Australia’s border agency will trial blockchain solutions aimed at simplifying cross-border trade with Singapore. Source: https://www.coindesk.com/australia-singapore-cross-border-trade-blockchain
The need to regulate global stablecoins like Libra doesn’t mean authorities can’t embrace innovation, according to according to a BIS working paper. Source: https://www.coindesk.com/bis-monitor-stablecoins-regulation-payments
Oki Matsumoto said a central bank digital currency would make it easier to convert cryptocurrency into legal tender. Source: https://www.coindesk.com/monex-ceo-japan-cbdc-yen-cryptocurrency-trading
Instead of the troublesome 1099-K form, Coinbase will send the 1099-MISC to users of its interest-bearing products. Regular traders may not receive any forms at all. Source: https://www.coindesk.com/coinbase-changes-us-customer-tax-form
Bitcoin trades above $19,000 as ether options volume on exchange Deribit spikes. Source: https://www.coindesk.com/market-wrap-bitcoin-pushes-higher-deribit-ether-options-spike
Coinbase plans to suspend all margin trading contracts effective tomorrow, and will end the service entirely by next month. Source: https://www.coindesk.com/coinbase-ends-margin-trading
A subsidiary of SBI Holdings said it’s launched a service allowing users to ‘lend’ bitcoin to the firm and earn an interest at the rate of 1% annually in …
Pickle Finance was recently hit by an exploit in which $19.7 million in DAI was lost. Source: https://www.coindesk.com/yearning-for-pickle-two-defi-protocols-merge
Binance is giving U.S. users 14 days to withdraw funds before their accounts are shuttered. Source: https://www.coindesk.com/binance-ramps-up-crackdown-on-us-users-giving-them-14-days-to-withdraw-funds