December 13, 2019 | View in browser |
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Go Pro. This week, our pro newsletter dove into the flaw in MakeDAO that allows you to steal $340 million, the MATIC pump and dump, and the unusual amount of cryptocurrency-focused funds that closed shop in 2019.
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This week in a nutshell
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A recent report by CoinShares discovered that Chinese miners account for about 65% of the hash power supporting the bitcoin network.
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Huobi US, the United States branch of the Huobi Global exchange, will be shutting down on December 15th.
- According to FinCEN Director Kenneth A. Blanco, 11,000 cryptocurrency-related Suspicious Activity Reports were filed since it released its convertible virtual currency advisory and guidance document in May 2019.
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Weibo has suspended both Justin Sun, the founder of Tron, and Yi He, the co-founder of Binance's, Weibo accounts.
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Bakkt has launched two new products, Bakkt Bitcoin Monthly Options, and Bakkt Bitcoin Cash-Settled Futures.
- OKEx is launching cash-settled Bitcoin options trading on December 27.
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