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Coinbase to acquire Bison Trails to compete in the market for infrastructure as a service

Coinbase to acquire Bison Trails to compete in the market for infrastructure as a service

Coinbase is acquiring Bison Trails in a move that the firm says will help it expand into an unsexy but growing corner of the crypto market.

The post Coinbase to acquire Bison Trails to compete in the market for infrastructure as a service appeared first on The Block.

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Binance removes $165 million worth of BNB from circulation in largest-ever token burn

Crypto exchange Binance has completed its 14th quarterly BNB burn, removing 3.6 million tokens (nearly $166 million worth) from circulation.

The post Binance removes $165 million worth of BNB from circulation in largest-ever token burn appeared first on The Block.

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Blockchain Bites: ‘Crowded’ Crypto Traders, Ether All-Time High, the Bitcoin Battery Proposal

Bitcoin’s environmental impact has become top focus for some critics as traders go “long BTC” and Dunamu reveals a “fear and greed” index.

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Janet Yellen Says Cryptocurrencies Are a ‘Concern’ in Terrorist Financing

The U.S. should examine how it can curtail the use of crypto for illicit financing, the former Fed Chair said.

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The US Can Make Bitcoin Mining Greener

With companies like Square announcing environment-focused mining initiatives, the U.S. can take the lead in reducing bitcoin’s carbon impact.

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French Central Bank Trials Digital Currency for Interbank Settlement

The pilot involved the settlement on a private blockchain of around €2 million.

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Brave Becomes First Browser to Offer Native IPFS Integration

IPFS integration gives Brave users easier access to the protocol while improving the overall resilience of the internet.

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Bitcoin News Roundup for Jan. 19, 2021

With more traders betting on bitcoin than tech stocks and ether briefly reaching an all-time high, CoinDesk’s Market’s Daily is back with the latest news roundup.

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Criminal Activity in Crypto Transactions Fell Sharply in 2020, Says Chainalysis

Partly offsetting the positive trend is an explosion in ransomware attacks, which rose 311% from 2019.

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Saddle, a new automated market maker for stablecoins, goes live after raising $4.3 million

Saddle, a new decentralized exchange platform for stablecoins, plans to use the new funding to compete with Curve and Swerve.

The post Saddle, a new automated market maker for stablecoins, goes live after raising $4.3 million appeared first on The Block.

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