Daily Crypto News | 11.01.2021
1- Bitcoin has seen a 23% correction in one day.
2- New York Digital Investment Group has acquired Digital Assets Data.
3- Jorge Izquierdo resigns from his CEO post at Aragon One, the company he was the co-founder of.
4- Binance partners with ORBS to support their recently launched DeFi accelerator focusing on R&D.
5- Tether has minted $2B worth of $USDT in the past week.
6- Aragon Association acquires Vocdoni, the digital governance company.
7- New York Stock Exchange listed Chinese lottery company 500.com is expected to invest $14.4M in Bitcoin mining.
8- Bakkt announced their agreement of merger with VPC Impact Acquisition Holdings to become a publicly traded $2.1B company, under the new name “Bakkt Holdings”.
9- State owned Agricultural Bank of China has set up a number of their ATMs to be used to deposit and withdraw digital yuan.
10- Cryptocurrency custody company Propine has announced that they are now licensed by the Monetary Authority of Singapore.
11- FCA has warned crypto investors they might “loose all of their money” if they invest in projects that “promise returns that sound too good to be true.”
12- Biconomy has raised $1.5M in a funding round led by Eden Block.
13- Bitcoin mining company Bit Digital’s market cap surpasses $1B.
14- Two New York City bars; Hellcat Annie’s and Scruffy Duffy’s owned by Patrick Hughes are on sale for 25 $BTC or 800 $ETH.
15- SafePal, the tokenized hardware wallet is now backed by Binance.
16- South Korea’s first ever bank founded in 1897 under the name of Hanseong Bank, which is currently Shinhan Bank, has invested in a digital asset custody service KDAC (Korea Digital Asset Trust), which is backed by Korbit exchange.
17- IOTA is being used in Frankfurt Airport to track COVID-19 test results.
18- Nexon announced that they will not be acquiring BitHumb, as previously alleged.
19- Bitcoin is down 12% at $33.290.
20- Horizen (ZEN) is the highest gainer in top 100 list with a 36.7% daily profit.
21- Bitcoin Cash (BCH) is the highest loser in top 100 list with a 26.0% daily loss.
22- $BTC = $BTC | 1 Satoshi is 1 Satoshi.
