Weekly News Summary, ending 12 June 2021

Things continued to get interesting this week. The IMF and US Senator Elizabeth Warren had their reactions to El Salvador and the energy usage of bitcoin, Taproot activation was confirmed and locked in, and numerous other news. Headlines are organized by topic.

Before we go on, here’s a poll for you, dear readers:

Be well, Everyone.


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Articles on Medium this week

The Bitcoin Rabbit Hole, Defined

The Role of Cryptocurrencies in the End of the Old Monetary System


Podcasts


This Week In Twitter


Recommended Viewing

This week it’s a look into Decentralized Finance and where they’re evolving to and an interview with the CEO of Marathon Mining that answers many of the “why?” questions we had when they did their “ESG block mining” several weeks back.


Headlines

Scams
https://dailyhodl.com/2021/06/02/millions-laundered-through-crypto-money-services-operation-triggers-prison-sentence/

Rumor mill
https://cointelegraph.com/news/dfinity-founder-takes-aim-at-ethereum-s-complex-layer-two-solutions
https://cointelegraph.com/news/one-percent-of-bitcoin-s-supply-has-been-locked-in-the-wbtc-protocol

Implementation
https://cointelegraph.com/news/kraken-launches-kusama-parachain-auction-platform-as-ksm-defies-downtrend
https://cointelegraph.com/news/arrington-capital-to-back-algorand-projects-with-100m-growth-fund
https://cointelegraph.com/news/bitcoin-taproot-upgrade-finally-locked-in-activation-set-for-november

Adoption
https://cointelegraph.com/news/mexico-lawmakers-aim-to-follow-the-example-of-neighboring-countries-with-proposed-bitcoin-legislation
https://cointelegraph.com/news/bitcoin-miner-poolin-immortalizes-el-salvador-s-btc-adoption-on-the-blockchain
https://www.coindesk.com/state-street-bank-launches-dedicated-cryptocurrency-division

Mining
https://cointelegraph.com/news/report-amid-pullback-argentinian-bitcoin-miners-thriving
https://www.coindesk.com/gryphon-digital-mining-to-become-publicly-traded-on-nasdaq-via-merger-with-sphere-3d
https://cointelegraph.com/news/bill-banning-crypto-mining-for-3-years-dies-in-ny-state-assembly

Legistlation
https://cointelegraph.com/news/world-economic-forum-releases-policy-toolkit-for-defi-regulations
https://cointelegraph.com/news/after-googling-it-cftc-boss-says-defi-is-a-bad-idea-and-probably-illegal
https://cointelegraph.com/news/stricter-crypto-laws-will-stifle-innovation-says-sec-commissioner-hester-peirce
https://cointelegraph.com/news/iranian-president-calls-for-legal-framework-for-crypto-trading
https://cointelegraph.com/news/imf-plans-to-meet-with-el-salvador-s-president-potentially-discussing-move-to-adopt-bitcoin
https://cointelegraph.com/news/bitcoin-part-of-highest-risk-category-in-basel-s-new-bank-capital-plan

CBDC (are just Surveillence Tokens)
https://cointelegraph.com/news/concordium-aims-to-end-the-era-of-anonymity-in-crypto-industry

Crime
https://cointelegraph.com/news/new-analysis-sheds-light-on-doj-bitcoin-seizure-as-jbs-pays-massive-11m-ransom

Taxation
https://cointelegraph.com/news/more-irs-crypto-reporting-more-danger

The Wall Street
https://cointelegraph.com/news/i-should-have-bought-a-lot-more-laments-billionaire-investor-on-bitcoin
https://cointelegraph.com/news/kraken-rethinks-direct-listing-plan-following-coinbase-s-lackluster-performance


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Earn free crypto while you learn with Coinbase. Open an account with this link and youโ€™ll receive $10 in free bitcoin for the first $100 of cryptos you buy or sell


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The global currency app that lets you buy/sell/trade cryptos and international currencies, send them around the world, and borrow against your crypto or earn yields on your crypto deposits

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Changelly is a good option for exchanging coins without having to use an exchange and the fees are reasonable


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Buy $150 of bitcoin at Bitcoin Depot ATMs, and you receive $15 of free bitcoin using this referral code

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Click here to download the Brave browser and block unwanted ads and earn rewards when you browse online 


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Binance is a great exchange to buy and sell cryptos


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If you want a good, basic crypto wallet for your PC, download the Exodus wallet

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Categories: Adoption News, bitcoin, news, Weekly Headlines

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