Bitcoin News Roundup for Oct. 12, 2020

With BTC back above $11K and China giving away its new digital currency, CoinDesk’s Markets Daily is back for your latest crypto news roundup!

Oct 12, 2020 at 4:00 p.m. UTC
Updated Sep 14, 2021 at 10:08 a.m. UTC

With BTC back above $11K and China giving away its new digital currency, CoinDesk’s Markets Daily is back for your latest crypto news roundup!

For early access before our regular noon Eastern time releases , subscribe with Apple PodcastsSpotifyPocketcastsGoogle PodcastsCastboxStitcherRadioPublica or RSS.

This episode is sponsored by Crypto.comNexo.io and Elliptic.

Today's stories:

Despite a dip today, bitcoin has crossed into bullish territory with the biggest weekly gain since July.

BitMEX, the cryptocurrency derivatives exchange recently charged by U.S. authorities for offering illegal trading services, has hired a compliance veteran.

The promotion is part of China's efforts to try out out and stimulate usage of its new digital currency.

The extortionists demand a payment in bitcoin to avoid the detonation of an explosive device, per a report.

For early access before our regular noon Eastern time releases , subscribe with Apple PodcastsSpotifyPocketcastsGoogle PodcastsCastboxStitcherRadioPublica or RSS.

The Festival for the Decentralized World
Thursday - Sunday, June 9-12, 2022
Austin, Texas
Save a Seat Now

DISCLOSURE

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

Trending

1
Diana Sinclair: People Aren’t 'Ready to Hear' About Inequities in the Metaverse

Web 3 can open up opportunities for marginalized groups, but it's not a silver bullet, says one leading NFT artist ahead of CoinDesk's Consensus festival.

Web 3 can open up opportunities for marginalized groups, but it's not a silver bullet, says one leading NFT artist ahead of CoinDesk's Consensus festival.

2
Biden Administration Wants Crypto Exchanges to Separate Customer and Corporate Funds

Federal officials saw Coinbase’s admission about customers’ vulnerability in a bankruptcy and will call for congressional action to segregate clients’ funds, source says.

Federal officials saw Coinbase’s admission about customers’ vulnerability in a bankruptcy and will call for congressional action to segregate clients’ funds, source says.

3
Crypto News Roundup for May 18, 2022

With bitcoin sliding back below $30,000 in sync with U.S. stocks, plus a look at the early fallout from the collapse of UST, CoinDesk’s Markets Daily is back with the latest news roundup.

With bitcoin sliding back below $30,000 in sync with U.S. stocks, plus a look at the early fallout from the collapse of UST, CoinDesk’s Markets Daily is back with the latest news roundup.

4
El presidente de El Salvador promueve la adopción de bitcoin entre países emergentes

Nayib Bukele recibe a representantes financieros de 44 economías en desarrollo en la reunión anual de la Alianza para la Inclusión Financiera.

Nayib Bukele recibe a representantes financieros de 44 economías en desarrollo en la reunión anual de la Alianza para la Inclusión Financiera.