Daily Crypto News | 01.12.2020

1- ethereum 2.0 Genesis Block has been created.
2- Facebook rebrands Libra to Diem.
3- Coinbase announced that they had facilitated MicroStrategy’ $425M worth of Bitcoin acquisition; first $250M in August, later $175M in September.
4- Yet another merger with Yearns Finance, this time joining forces with higher market capped Sushiswap.
5- 20% of Paypal’s users traded Bitcoin via the Paypal app.
6- David Puth is assigned to $USDC stablecoin issuer CENTRE Consortium as CEO.
7- BitMEX announced their new CEO as Alexander Höptner.
8- Plus Token scammers are sentenced to 11 years of jail time.
9- According to data provided by glassnode, the amount of Bitcoin withdrawn from exchanges hits all time high.
10- BlockFi announced world’s first Bitcoin rewards credit card.
11- Bitcoin mining facilities’ electric supply has been forcefully shut down in Yunnan, China.
12- Bitcoin is down 1.5% at $19,078.
13- Sushiswap (SUSHI) is the highest gainer in top 100 list with a 23.1% daily profit.
14- BitTorrent (BTT) is the highest loser in top 100 list with a 7.7% daily loss.

Industrial Designer, Design Researcher.