Bitcoin News Roundup for July 1, 2020
With a historically boring update to bitcoin’s mining difficulty and the digital dollar back in the news, CoinDesk’s Markets Daily is back for your bitcoin news roundup.
Author: Marvin Nelson
The New US-Mexico-Canada Trade Pact Holds Opportunity for Distributed Tech
NAFTA’s replacement, which comes into force today, contains several provisions that might open the way for blockchain technology.
Investment Firm Launches ETF-Like Product for Compound Yield Farmers
The investment portfolio gives users exposure to Compound interest rates and, of course, yield farming.
Cryptography Startup Brings Private Payment Channels to Tezos Blockchain
Cryptography firm Bolt Labs has launched a private payment solution, zkChannels, on Tezos.
Blockchain Bites: DeFi and DEXs Surge, Bitcoin’s Negligible Adjustment and an ICO Class Action
DeFi’s agricultural revolution, Bitcoin’s negligible adjustment and the novel legal strategy bringing an ICO project to court.
Coinbase Takes Over Servicing for 21Shares’ Bitcoin ETP, Displaces Kingdom Trust
Coinbase Custody has replaced Kingdom Trust as the principal custodian for its Bitcoin ETP, just as it begins trading on Deutsche Boerse.
Latest Compound proposal aims to resolve issue soaking up 80% of BAT’s liquid supply
A previous Compound proposal for COMP yield farming caused a mess in the DeFi market, pushing users to yield farm only in the markets with the highest interest rates.
The post Latest Compound proposal aims to resolve issue soaking up 80% of BAT’s liquid supply appeared first on CryptoSlate.
UK Court Orders Crypto Exchange to Shut Down After Clients Lose $2M
The U.K. is ordering GPay to shut down on allegations that 108 clients lost £1.5 million, or $2 million, through the crypto exchange.
Coinbase Ventures Joins $23M Funding Round for Crypto Custody Firm
Curv, a company that provides increased secrecy when it comes to holding crypto assets, has closed a $23 million Series A funding round.
First Mover: Crypto.com’s Chain Token Dominated Markets in June With 33% Gain
The Chain token gained 33% last month, the top performer among the largest digital assets during a month when bitcoin, ether and XRP all fell.
