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Bitcoin News Roundup for May 29, 2020

With bitcoin and many traditional markets down on the day, CoinDesk's Markets Daily is back!

Updated Dec 11, 2022, 7:28 p.m. Published May 29, 2020, 4:20 p.m. 1 min read
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With bitcoin and many traditional markets down on the day, CoinDesk's Markets Daily is back!

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This episode is sponsored by ErisXThe Stellar Development Foundation and Grayscale Digital Large Cap Investment Fund.

Bitcoin Rally Falters as Stocks Drop Ahead of Trump's China Speech

Bitcoin's bulls are taking a breather as the traditional markets get the jitters over rising tensions between the U.S. and China.

Twetch Gets Suspended From Twitter in Wake of Trump 'Fact-Check' Storm

The Twitter account of BSV-based social media platform Twetch was suspended Thursday without warning, said Twetch co-founder Josh Petty.

'Passwordless Login' Startup Magic Raises $4M From Naval Ravikant, Placeholder

Ethereum startup Magic just raised $4 million from investors like Naval Ravikant, SV Angel, Placeholder and Volt Capital to make passwords less of a pain.

US Court Freezes Assets Linked to Alleged $9M ICO Scam

A federal court has frozen assets raised from investors in the Meta 1 Coin token sale in this increasingly bizarre ICO story.

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Lebih untuk Anda

Securitize CEO Carlos Domingo (Securitize)

The tokenization platform reported record quarterly revenue but continued to post losses as it invested in growth and public-company preparations tied to its merger with Cantor Equity Partners II.

Yang perlu diketahui:

  • Securitize reported record first-quarter revenue of $19.5 million, up 39% from a year earlier, driven largely by rapid growth in its asset-servicing business.
  • The company remains unprofitable, with its net loss widening to $7.9 million as it increases spending ahead of a planned public listing via a SPAC merger with...