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Bitcoin News Roundup for Feb. 9, 2021

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With the top two cryptocurrencies setting new all-time highs and analysts grappling with what Tesla’s big buy really means, CoinDesk’s Market Daily is back with the latest news roundup.

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UN Says North Korea Funded Nuclear Weapons With Crypto Hacks in 2020: Report

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U.N. experts estimate that over $316 million in crypto was stolen by North Korea-linked hackers last year.

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State of Crypto: India and Nigeria’s Crypto Crackdowns Continue Old Trends

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Both nations hope to prevent banks from providing services to crypto companies.

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First Mover: Elon Musk’s #bitcoin Bet Pays Off With $270M Gain on First Day

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Tesla has forged a path that other corporate treasurers might follow into bitcoin. PLUS: Ether hits new record price above $1,800 as CME futures debut.

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Matic Network Now ‘Polygon’ as Platform Targets Ethereum’s L2 Woes

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Polygon is building a layer 2 aggregator for sidechains, rollups and even whole blockchains in a bid to fix Ethereum’s transaction limitations.

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Crypto-Friendly Signature Bank Added to JPMorgan’s ‘Focus List’

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Signature is “positioned to ride the crypto wave,” a JPMorgan analyst wrote.

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Binance-Backed DeFi Credit Union Platform Secures Partners, Funding Before Launch

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Xend Finance will allow credit unions and cooperatives to earn interest on deposits by converting them to stablecoins.

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Siam Bank Launches $50M Blockchain Fund

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The fund will focus on global early and growth-stage companies that shape the next generation of financial services and digital systems, the venture capital arm of Thailand’s oldest bank says.

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Hashdex to Launch the Hashdex Nasdaq Crypto Index ETF

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The ETF will be available for trading by accredited non-U.S. investors.

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Crypto Market Maker Apifiny Plans to Go Public

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The San Francisco-based firm did not say if it would choose a direct listing.

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