Latest from Jamie Crawley
DeFi Protocol EasyFi Reports Hack, Loss of Over $80M in Funds
A company blog post reveals that private keys to the project’s admin account had been compromised.
Facebook-Backed Diem Aims to Launch Stablecoin Pilot in 2021: Report
The pilot would see a single stablecoin pegged to the U.S. dollar.
PayPal-Owned Venmo Adds Bitcoin Buying and Selling
Customers will be able to buy and sell crypto on Venmo for a fee starting from $1.
Online Retailer Newegg Accepting Dogecoin as Payment Option
The announcement coincides with “Doge Day” in which enthusiasts and traders are pumping the coin hard to get its price to $1.
Facebook-Led Diem Could Become White-Label CBDC Provider: Citi Report
The Diem white paper suggests the company would be open to discussions with central banks about providing this service.
SEC Causing ‘Confusion’ Over Digital Currencies in Legal Case With Ripple: WSJ Editorial Board
Regulators are “creating danger” for investors in their inconsistent approach to determining how to treat cryptocurrencies.
Bank of England and HM Treasury Launch Taskforce for UK CBDC
This is the first sign the Bank of England exploring the launch of a CBDC following the release of a discussion paper in March 2020.
Plans Afoot in South Africa for Country’s First Bitcoin ETF
Crypto startup DCX Capital will apply to convert its crypto index fund EC10 into an ETF.
Galaxy Digital Appoints Ex-Goldman Sachs Executive as Chairman
Mike Novogratz will remain as CEO as the firm plans for a U.S. stock offering later in the year.
Robinhood Resolves Issues With Crypto Trading Amid Dogecoin Rally
The company’s Twitter post cited “unprecedented demand” leading to traders being unable to complete orders.
