DEX Aggregator 1inch Raises $2.8M From Binance Labs, Galaxy Digital and More
https://www.coindesk.com/dex-1inch-2-8m-from-binance-galaxy

Launched by software engineers from Porsche and NEAR Protocol, the startup has raised $2.8 million in a funding round led by Binance Labs.

Alchemy Goes Public With Developer Platform in Bid to Grow DeFi Ecosystem
https://www.coindesk.com/alchemy-goes-public-with-developer-platform-in-bid-to-grow-defi-ecosystem

Blockchain infrastructure startup Alchemy just launched its full suite of products to the public, after a two-year closed beta serving teams like MakerDAO and Kyber Network.

Building on Taproot: Payment Pools Could Be Bitcoin’s Next Layer Two Protocol
https://bitcoinmagazine.com/articles/building-on-taproot-payment-pools-could-be-bitcoins-next-layer-two-protocol?utm_source=rss&utm_medium=rss&utm_campaign=building-on-taproot-payment-pools-could-be-bitcoins-next-layer-two-protocol

Payment pools, a potential Layer Two solution made possible through Taproot, could let groups of bitcoin users share UTXOs and enjoy more privacy.
The post Building on Taproot: Payment Pools Could Be Bitcoin’s Next Layer Two Protocol (https://bitcoinmagazine.com/articles/building-on-taproot-payment-pools-could-be-bitcoins-next-layer-two-protocol) appeared first on Bitcoin Magazine (https://bitcoinmagazine.com/).

With Value Approach, Off The Chain Capital Is Changing The Bitcoin Investment Narrative
https://bitcoinmagazine.com/articles/with-value-approach-off-the-chain-capital-is-changing-the-bitcoin-investment-narrative?utm_source=rss&utm_medium=rss&utm_campaign=with-value-approach-off-the-chain-capital-is-changing-the-bitcoin-investment-narrative

As one of the best-performing funds in the space, Off The Chain Capital sets a value investing narrative for bitcoin.
The post With Value Approach, Off The Chain Capital Is Changing The Bitcoin Investment Narrative (https://bitcoinmagazine.com/articles/with-value-approach-off-the-chain-capital-is-changing-the-bitcoin-investment-narrative) appeared first on Bitcoin Magazine (https://bitcoinmagazine.com/).

Binance Denies Report It Was Blocked From Installing Its CEO on Board of Failing Bank
https://www.coindesk.com/binance-denies-union-bank-deal-blocked-liechtensteins-authorities

Crypto exchange Binance said the FMA had not rejected an application for CEO Chanpeng Zhao to join the board of the now-defunct Union Bank.

Elliptic Hires Former Revolut CFO as it Prepares for Asia Expansion
https://www.coindesk.com/elliptic-hires-david-maclean

David MacLean will oversee the crypto tracer's finance and personnel operations.

Bitcoin News Roundup for Aug. 11, 2020
https://www.coindesk.com/bitcoin-news-roundup-for-aug-11-2020

With bitcoin increasingly acting like gold and one company betting a quarter of a billion dollars on BTC, CoinDesk's Markets Daily is back for your news roundup!

Blockchain Bites: MicroStrategy’s $250M Bitcoin Bet, India Booms, Banks Open to Custody
https://www.coindesk.com/blockchain-bites-microstrategy-250m-bitcoin-bet-india-booms-banks-open-to-custody

MicroStrategy bets $250 million on Bitcoin's safe haven thesis. Indian crypto is booming. And David Marcus has a new role at Facebook.

Coinbase Exits Industry Lobbying Group in Protest Over Recent Unspecified ‘Decisions’
https://www.coindesk.com/coinbase-exits-industry-lobbying-group-in-protest-over-recent-unspecified-decisions

Coinbase cited recent board decisions that could "irreperably impair" the Blockchain Association.

Joe Rogan for Fed Chair! Feat. Hugh Hendry
https://www.coindesk.com/joe-rogan-for-fed-chair-feat-hugh-hendry

Former hedge fund manager and financial dissident gives his take on what ails the U.S. economy and why the Federal Reserve should be more, not less, irresponsible.

How Much Ether Is Out There? Ethereum Developers Create New Scripts for Self-Verification
https://www.coindesk.com/how-much-ether-is-out-there-ethereum-developers-create-new-scripts-for-self-verification

Ethereum and Bitcoin advocates have engaged in spirited exchange since Friday to answer an ostensibly simple question: What’s the total supply of ether?

VPN Usage Surges as Belarus Remains Offline
https://www.coindesk.com/vpn-usage-surges-as-belarus-remains-offline

People in Belarus are discovering anti-censorship tools as the country experiences a major internet outage

Market Wrap: Bitcoin Stumbles to $11,300; USDC Lending Rates Skyrocket
https://www.coindesk.com/market-wrap-bitcoin-stumbles-to-11300-usdc-lending-rates-skyrocket

Bitcoin experienced heavy selling Tuesday, while traders are finding profits in stablecoin borrowing strategies.

Some Traders Now Taking Bets Ether Will Break $1K by December
https://www.coindesk.com/some-traders-now-taking-bets-ether-will-break-1k-by-december

Some option traders are now betting ether will rise to $1,000 by year’s end.

Bitcoiners Launch Cryptocurrency Relief Fund Following Beirut Explosion
https://www.coindesk.com/bitcoiners-launch-cryptocurrency-relief-fund-following-beirut-explosion

A group of Lebanese expats in Europe organized the Crypto Disaster Relief For Beirut Explosion fund to support those affected by last week's tragedy.

Unpacking the Avit, Avanti Bank’s New Digital Asset Being Built With Blockstream
https://www.coindesk.com/unpacking-the-avit-avanti-banks-new-digital-asset-being-built-with-blockstream

Avanti says the Avit will not encounter the legal, accounting or tax hurdles of stablecoins, but it’s not yet clear where the asset will fit under U.S. law.

Appeals Court Backs Coinbase in Bitcoin Gold Fork ‘Breach of Contract’ Lawsuit
https://www.coindesk.com/appeals-court-backs-coinbase-in-bitcoin-gold-fork-breach-of-contract-lawsuit

A California appeals court has backed a prior judgement that the cryptocurrency exchange wasn't obliged to to support the Bitcoin Gold hard fork in 2017.

The Linux Foundation Wants Open-Source Tech to Address Future Pandemics
https://www.coindesk.com/the-linux-foundation-wants-open-source-tech-to-address-future-pandemics

The Linux Foundation hopes open-source apps will play a key role in tracing exposure to diseases like COVID-19 while being fully transparent.

Grayscale Tells SEC Its Bitcoin Trust Rose $1.6B Over Six Months
https://www.coindesk.com/grayscale-tells-sec-bitcoin-trust-rose-six-months

Crypto investment firm Grayscale has told the SEC that the dollar-value of assets in its flagship bitcoin fund increased 90% to over $1.6 billion.

Asset Manager NYDIG Raises $5M for Third Bitcoin Fund in 2020
https://www.coindesk.com/asset-manager-nydig-raises-third-bitcoin-fund

NYDIG has set up another bitcoin fund, raising $5 million from accredited investors – it's unclear what differentiates this one from its previous funds.

Russian Financial Crime Agency Plans AI Tool to Link Crypto Transfers to Users
https://www.coindesk.com/russian-financial-crime-agency-plans-ai-tool-to-link-crypto-transfers-to-users

Russia's anti-money laundering agency Rosfinmonitoring has already built a prototype blockchain analytics tool, according to a report.