Daily Crypto News | 10.12.2020

Deniz Derin ÖZER
2 min readDec 10, 2020

1- 169 year old Massachusetts Mutual Life Insurance Company; MassMutual invests $100M into Bitcoin.
2- Grayscale announced that they had acquired $325M worth of Bitcoin this week.
3- Christine Lagarde announced ECB’s latest policy on increasing Pandemic Emergency Purchasing Program’s (PEPP) budget by a further €500B to a total of €1.85T.
4- JPMorgan announced their blockchain based, live intraday repo transaction was executed successfully. Goldman Sachs is interested in signing up to use their service.
5- Paxful partners with BitLipa to launch their P2P crypto exchange in Kenya.
6- Venezuela will be accepting crypto payments from Turkey and Iran to bypass US’ financial sanctions.
7- EUREKA has awarded UK based company SpaceChain a grant of $585K to co-develop decentralized satellite system.
8- MetaMask partners with Curv to provide its service to institutional customers.
9- Atari partners with Enjin.
10- World Economic Forum announced their Data for Common Purpose Initiative (DCPI) to ensure ethical data collection and sharing with their global governance framework.
11- Singapore’s DBS Bank. announced their crypto exchange service to begin next week.
12- S&P Global and State Street invested $15M in the crypto data startup Lukka.
13- 266 year old German bank Bankhaus von der Heydt (BVDH) has launched their stablecoin $EURB on Stellar Network.
14- Federal Trade Commission (FTC) has filed an antitrust lawsuit against Facebook, alleging that the company has been engaged in unlawful, anti-competitive practices.
15- According to data provided by XRPL Monitor, more than 1.2B $XRP had been moved between exchanges today.
16- YIELD raised $4.9M in funding round led by Alphabit and Digital Strategies, promising to simplify DeFi.
17- Paxos filed an application with the OCC to become a federally regulated bank in the US.
18- UniSwap relaunched their incognito trading feature.
19- Bitstamp apologizes after publishing Messari’s 2021 report saying “These are toxic assets” referring to $XRP, while aslso referring to Stellar Lumens and Litecoin as “piles of sh*t”.
20- Jason A. Williams’ book, Bitcoin: Hard Money You Can’t F*ck With is now at the top three on Amazon.com’s macroeconomics best seller e-book list .
21- Rapper Lil Yachty’s social token $YACHTY was sold out on Fyooz under 21 minutes and 41 seconds.
22- Movie based on Ross Ulbricht’s Silk Road will be premiering in Feb 2021.
23- Bitcoin is down 1.2% at $18,356.
24- MakerDAO (MKR) is the highest gainer in top 100 list with a 6.3% daily profit.
25- Ampleforth (AMPL) is the highest loser in top 100 list with a 12.1% daily loss.

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Deniz Derin ÖZER
Deniz Derin ÖZER

Written by Deniz Derin ÖZER

Industrial Designer, Design Researcher.

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