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.
Bitcoin News Roundup for Feb. 9, 2021
UN Says North Korea Funded Nuclear Weapons With Crypto Hacks in 2020: Report
U.N. experts estimate that over $316 million in crypto was stolen by North Korea-linked hackers last year.
State of Crypto: India and Nigeria’s Crypto Crackdowns Continue Old Trends
Both nations hope to prevent banks from providing services to crypto companies.
First Mover: Elon Musk’s #bitcoin Bet Pays Off With $270M Gain on First Day
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.
Matic Network Now ‘Polygon’ as Platform Targets Ethereum’s L2 Woes
Polygon is building a layer 2 aggregator for sidechains, rollups and even whole blockchains in a bid to fix Ethereum’s transaction limitations.
Crypto-Friendly Signature Bank Added to JPMorgan’s ‘Focus List’
Signature is “positioned to ride the crypto wave,” a JPMorgan analyst wrote.
Binance-Backed DeFi Credit Union Platform Secures Partners, Funding Before Launch
Xend Finance will allow credit unions and cooperatives to earn interest on deposits by converting them to stablecoins.
Siam Bank Launches $50M Blockchain Fund
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.
Hashdex to Launch the Hashdex Nasdaq Crypto Index ETF
The ETF will be available for trading by accredited non-U.S. investors.
Crypto Market Maker Apifiny Plans to Go Public
The San Francisco-based firm did not say if it would choose a direct listing.