With BTC setting a new record above $48K and Mastercard implementing crypto payments, CoinDesk’s Market Daily is back with the latest news roundup.
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Reflexer Labs Raises $4M to Build Out ETH-Backed Stable Asset, RAI
Pantera and Lemniscap co-lead a bet on stability in DeFi without the U.S. dollar.
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Avalanche Developers Rush Client Patch as ‘Bug’ Slows Blockchain Transactions
A “cross-chain finality” bug has forced the network into “self-healing mode.”
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Alabama Man Charged Over SIM Swap Hacks That Stole $150K in Crypto
Joseph Chase Oaks allegedly used SIM-swap hacks to access victim’s online accounts between August 2018 and October 2019.
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SEC Commissioner Peirce Says Market Is Ready for a Bitcoin ETP
Peirce also pushed back against an emerging government narrative that cryptocurrency is a dangerous rail for terrorist financing.
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Bitso Buys Gibraltar-Based Crypto Derivatives Platform Quedex
Mexico City-based Bitso plans to incorporate Quedex’s high-performance trading engine across the exchange.
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CME Ethereum Futures, Explained
Ethereum futures are now live on the CME exchange. But what does that mean exactly and how do you trade them?
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First Mover: Bitcoin at Center Stage (and Record High) as Mastercard, BNY Go Crypto
Bitcoin’s price hits new all-time high over $48,000 despite U.S. Treasury Secretary Janet Yellen’s warning that cryptocurrencies are prone to illicit uses.
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New Kraken Venture Fund to Target Early-Stage Crypto, Tech Startups
Kraken Ventures will operate autonomously, with financial backing from the exchange.
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Uber CEO Says Company to Consider Crypto for Rides, Not Its Balance Sheet
The rideshare company will look into cryptocurrencies including bitcoin as a potential form of payment.
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