Square Crypto Is Creating a ‘Lightning Development Kit’ for Bitcoin Wallets

Square Crypto is hoping to galvanize Lightning development with a new tool kit, currently under construction.

Crypto News Roundup for Jan. 21, 2020

Join CoinDesk Podcast Editor Adam B. Levine and Senior Markets Reporter Brad Keoun for a daily, time saving rundown of top news impacting crypto markets today.

6 Central Banks Form Digital Currency Use Case Working Group

The working group will pool research into CBDCs.

Paxos Launches Automatic Conversions Between Bank Deposits and Stablecoins

Paxos is enabling a new auto-transfer feature to streamline the conversion of funds between bank accounts and stablecoin deposits.

Grayscale’s Bitcoin Trust Is Now Open to More Investors as SEC Reporting Company

The trust’s shares are now registered under the Exchange Act of 1934, making the Grayscale Bitcoin Trust the first cryptocurrency investment vehicle to become a reporting company.

Switzerland Softens Tone on Libra After Ex-President Says Project ‘Failed’

Switzerland's now-departed president said the project had "failed" in its current form.

Regulated Fintech Firm Monerium to Issue E-Money on Algorand Blockchain

Monerium, which has a European Economic Area e-money license, will bring fiat currency transactions onto Algorand's protocol.

Bitcoin Price Indicator Eyes First Bullish Turn Since August

Bitcoin's case for a rally to $10,000 over the next few weeks looks stronger with the weekly MACD histogram about to turn bullish for the first time in five months.

India’s Central Bank Explains in Court Filing Why It Blocked Banks From Using Cryptos

The Reserve Bank of India has said in a court filing that it had "ringfenced" financial institutions from dealing with digital assets over perceived risks, but hadn't banned cryptos.

South Korea Considers 20% Crypto Income Tax

Officials from the Ministry of Economy and Finance's income tax office have reportedly been reviewing the proposal.

Blockstream Co-Founder Joins Bitcoin-Only Start-up River Financial

Jonathan Wilkins, a co-founder of Blockstream, is joining up-and-coming bitcoin brokerage River Financial as Chief Security Officer.

Palestinian Militant Group Has Received 3,370 Bitcoins in Donations Since 2015: Report

The report from an Israeli organisation claims the group used bitcoin to avoid sanctions, offer a degree of anonymity to donors and enable cross-border money transfers.

Australian Regulator Gives Green Light to App-Based Retail Bitcoin Fund

The bitcoin fund is being launched by micro-investment app provider Raiz Invest Australia.

After Sudden 8% Drop, Bitcoin Bulls Must Defend Price Support at $8,460

Bitcoin's dramatic overnight fall from $9,200 is telling a tale of buyer exhaustion.

London-Listed Argo Blockchain Reports 10-Fold Increase in Bitcoin Mining Revenue in 2019

For its first full year of operations, Argo says it generated just over $11 million in revenue

Bitfinex Investor’s Crypto Lending Startup Posts $2.3M in 2019 Revenue

China-based RenrenBit has disclosed it took $600,000 in net income from revenue of $2.3 million in 2019.

Decentralization Philosophy Part 1 – From Buddha to the Conquistadors

Earlier this week, the Let's Talk Bitcoin! Show gathered to discuss decentralization in blockchain projects and the historical context of decentralized organizations.

Plaintiffs Move to Combine Their Market-Manipulation Lawsuits Against Bitfinex and Tether

Three class action lawsuits alleging Bitfinex and Tether manipulated the bitcoin market are moving to consolidate, with the stablecoin issuer promising to fight the claims.