December 10, 2020 - KogoCrypto | Bitcoin, Ethereum & Crypto News

BIGG Digital Assets, a Canadian crypto company, revealed this week that it bought 40 additional bitcoins for long-term treasury holding. The purchase increased BIGG’s reserves...

Bitcoin Cryptocurrency

Except Bitcoin (BTC), Every Other Asset Class Failed Against Fiat Devaluation Since 2009

December 10, 2020

The rising institutional adoption of Bitcoin (BTC) shows that the world’s largest cryptocurrency is making stronger inroads in the mainstream financial market. Over these years,...

Blockchain Cryptocurrency

Security token platform Securitize integrates with Avalanche blockchain

December 10, 2020December 10, 2020

The integration gives Securitize issuers access to Avalanche’s security token technology, which offers significant improvements in transaction speed and cost savings... Securitize, a primary issuance...

Cryptocurrency

Crypto exchange AAX to support 11 global currencies for deposit and withdrawal

December 10, 2020

Users will be able to purchase cryptocurrencies on AAX as long as they have a bank account. They can also cash out their crypto to...

Cryptocurrency Ethereum

IOHK relaunches Mantis to offer Ethereum Classic community a more secure future

December 10, 2020

Global blockchain research and development company IOHK has announced that it is relaunching the ‘Mantis’ client, which was originally developed for Ethereum Classic (ETC) by...

Cryptocurrency Ethereum

Ethereum to See $1 Trillion in Real Value Transfers This Year, Eclipsing PayPal as Institutional Interest Rises

December 10, 2020

Ethereum’s price went under a steep correction after a period of trading above $600. Ethereum’s price dropped to under $570 shortly after the launch of...

Cryptocurrency

US lawmakers applaud defense funding bill over digital currency inclusion

December 10, 2020

Three U.S. senators have applauded the nation’s annual defense bill for the inclusion of a bipartisan anti-money laundering legislation. The legislation will encompass digital currencies,...

Cryptocurrency

Venezuela ramps up Bitcoin payments for imports from Iran and Turkey

December 10, 2020

Venezuela President Nicolás Maduro claims the country will “use all the cryptocurrencies in the world” to bypass U.S. sanctions. According to an investigative report from...

Bitcoin Cryptocurrency

TA: Bitcoin Recovery Capped, Why $18.6K Is A Major Breakout Zone

December 10, 2020

The top crypto asset has successfully set a new all-time high in 2020, but the promised altcoin season that was supposed to follow is nowhere...

Cryptocurrency Paxos

Paxos seeks approval to become fully-regulated crypto bank

December 10, 2020

The stablecoin issuer and PayPal partner wants to increase its range and scope of services by becoming the first crypto services provider to be regulated...

Cryptocurrency Ripple

Kraken Reminds Ripple XRP Holders of Looming Spark Token Airdrop as New Tax Development Unfolds

December 10, 2020

With the upcoming Spark token airdrop by Flare Networks, many Ripple (XRP) holders have scrambled to deposit their XRP in participating cryptocurrency exchanges. Kraken crypto...

Cryptocurrency

Congress Members “Express Concern” Over Treasury’s Potential Crypto Wallet Regulations

December 10, 2020

Four members of Congress have expressed concerns in a letter to the United States Treasury Secretary Steven Mnuchin, over the rumored self-hosted crypto wallet regulation...

Cryptocurrency

Yearn.finance report reveals two thirds of revenue comes from yUSD vault

December 10, 2020

An informal revenue report reveals that Yearn Finance paid 65% of its net revenue to stakers. The first informal Yearn.finance quarterly report has been released...

Cryptocurrency

‘Low income’ Oyster Protocol founder allegedly has $10M yacht full of gold bars

December 10, 2020

The founder of Oyster Protocol has been arrested and charged with operating a multimillion-dollar tax evasion scheme. Amir Burno Elmaani, the founder of the now...

Cryptocurrency

Euro stablecoin launched on Stellar by one of Europe’s oldest banks

December 10, 2020

The EURB is fully regulated and backed 100% by Euros, allowing banks and institutional investors to use the cryptocurrency without exposure to counterparty risk. Germany’s...

Cryptocurrency

Silvergate Stock Sinks as a member of the Board dumps shares

December 10, 2020

SI stock has plunged over 16% from its recent all-time high. Shares of Silvergate Capital (NYSE:SI) are in freefall this week, while the U.S. Securities...

Cryptocurrency

Congressmen advise the Treasury to back off the alleged ban on self-hosted wallets

December 10, 2020

Congressman Davidson, in particular, sees potential Treasury action as a bad idea for everybody involved. Several members of Congress have voiced opposition to a rumored...

Cryptocurrency Ethereum

Ethereum Defends Key Technical Standard After Yesterday’s Decline

December 10, 2020

Ethereum and Bitcoin underwent a strong drop the other day after days of consolidation. Ethereum slipped from the $590 region to lows around $550, marking...

Cryptocurrency Ripple

Bitstamp apologises for publishing a report calling XRP ‘toxic waste’

December 10, 2020

Bitstamp now regrets posting Messari's 134-page report yesterday that included coarse language and colorful descriptions of certain tokens. Digital asset exchange Bitstamp has apologized for...

Cryptocurrency

US Lawmakers Tell Mnuchin to Back Off From Potential Crypto Wallet Regs

December 10, 2020

U.S. Rep. Warren Davidson(Office of Warren Davidson) Four U.S. lawmakers want Treasury Secretary Steven Mnuchin to rethink his rumored crypto wallet regulations. Reps. Warren Davidson...

Bitcoin Cryptocurrency

Bitso bitcoin exchange LATAM receives $62M in funding from Kaszek Ventures and QED Investors.

December 10, 2020

With over 200 employees from 25 different countries, this represents the first major investment into crypto in the region as Bitso looks to conquer Brazil...

Cryptocurrency

Core Scientific partners with Foundry are raising $23 million in funds for mining machinery.

December 10, 2020

Core Scientific's crypto mining operation has announced a collaborationwith Foundry, a mining space funding and consulting firm. According to a press release, the investment arrangement...

Cryptocurrency Paxos

Paxos files application with U.S regulator to obtain a national bank charter

December 10, 2020

Crypto company Paxos is seeking a national bank trust charter from the Office of the Comptroller of the Currency, a top U.S. bank regulator. The...

Bitcoin Cryptocurrency

Bitcoin “Annihilated” Its Key Support During Recent Decline; Here’s Where It Stands

December 10, 2020

Bitcoin has been facing some intense resistance throughout the past few days and weeks, which has been suppressing its growth and sparking multiple strong rejections...