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Cryptoknowmics' Daily Dose of Crypto Updates | 15th Jan 2020
1. Kraken Futures to Expand Into Russia
Kraken Futures (the combination of Kraken and acquired Crypto Facilities), a global leader in futures trading recruited Aleksey Bragin from Russia to diversify their presence in the country. For increasing its engagements in Russia, in-person visits and Russian- language social media groups have also been formed to inform the masses.
2. Twitter Planning Bitcoin Payments as Tips on Its Platform
Twitter, the social media giant is testing Bitcoin tipping services via lightning network on the platform. Brave has already added their tipping bot last year and since then speculation were high that Bitcoin tipping may also arrive soon given CEO Jack Dorsey’s liking for the king coin.
3. Visa to Acquire Crypto-Serving Fintech Plaid
Visa, the payment processing giants has recently acquired the crypto fintech startup Plaid for a whopping $5.3 billion. Many in the crypto-verse see this partnership as a potential for Visa to enter new fintech markets and also strengthen their revenue growth.
4. Bitcoin Purchase Option Now Available on 100 California Coinstar Kiosks
Coinstar runs more than 21,000 kiosks in the U.S and following the collaboration with crypto company Coinme, the company has integrated up to 3000 of its kiosks with crypto purchase functionality, of which more than 100 are now BTC-integrated.
5. Supreme Court of India About to Resume Crypto vs RBI Case
The Indian Supreme Court resumed the ongoing Crypto vs RBI case which has been going on for more than a year now. The hearing has been adjourned on most of the times in the past year and the judges asked to hear all the arguments from the beginning on 14th Jan hearing.
6. Russia May Soon Formulate Cryptocurrency Law
Russia’s State Duma, the parliament’s lower house, could soon bring in cryptocurrency law to regulate digital financial assets. The bill could be introduced in the parliament during the spring season. The Chairman of the State Duma Committee on the financial market, Anatoly Aksakov, is confident that the law would be adopted during the spring season.
7. Washington DFI Reverses Ruling Against Bittrex in $1 Million Bitcoin Theft
The Investigators at the Washington State Department of Financial Institutions (DFI) has withdrawn from backing the Gregg Bennett's lawsuit against local cryptocurrency exchange Bittrex, according to a report today by The Seattle Times. The lawsuit against Bittrex, claiming the exchange allowed hackers to steal $1 million in Bitcoin.
8. First Bitcoin Corp, The Former Venezuelan Gold Mining Company Eyeing Bitcoin ATMs
First Bitcoin Capital Corp. a former Venezuelan gold mining company turned into a multinational crypto startup is eyeing to bring together different Bitcoin ATM service providers around the globe.
9. Bitcoin SV Astronomically Rises Above Bitcoin Cash
Bitcoin SV has been pumping for the past couple of days, however, the rally on 14th Jan was once in a lifetime kind of pump where the altcoin rose by more than 100% in a single day leaving its forked sibling Bitcoin Cash behind. BSV is currently placed 4th by market cap with a trading price of $352.
HERE ARE SOME OTHER IMPORTANT UPDATES FROM THE CRYPTO SPACE.
Thai Actor Under Police Scanner in Bitcoin Ransom Kidnapping Case
Early Market Traction Volume Showed by CME Bitcoin
Chinese Blockchain-related Patent Application Hits ATH in 2019.
Fintech implementation in India Could be Led by Tier 2 Tier 3 cities in Next 5 Years
Top 5 Crypto Gainers
Agoras Tokens (AGRS) 110.39%
Game Stars (GST) 106.37%
eosDAC (EOSDAC) 90.36%
Bitcoin Gold (BTG) 69.06%
Bitcoin SV (BSV) 65.89%
Top 5 Crypto Losers
adToken (ADT) -54.84%
Monolith (TKN) -32.46%
Simone (SON) -26.83%
CasinoCoin (CSC) -24.24%
MEET.ONE (MEETONE) -23.49%