Markets Daily Crypto Roundup

Bitcoin News Roundup for Nov. 5, 2020

With BTC nearing $15K and big industry getting into mining, CoinDesk’s Markets Daily is back for your latest crypto news roundup!

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ABOUT

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With BTC nearing $15K and big industry getting into mining, CoinDesk’s Markets Daily is back for your latest crypto news roundup!

This episode is sponsored by Crypto.com and Nexo.io.

Today's stories:

Bitcoin Jumps Above $14.5K, Taking 2020 Gains to Over 100%

Bitcoin's price jumped to a 33-month high of $14,558 soon before press time, taking the year-to-date gains to 101%.

Someone Just Paid a $9,000 Fee for a $120 DeFi Transaction

A Reddit user accidentally paid a fee 80 times the transaction value while executing a swap on Uniswap.

Russian Hydropower Giant Opens Bitcoin Mining Farm

En+, one of the world's largest energy producers, is joining forces with crypto firm BitRiver to open new mining farms in Russia.

US Prosecutors Seek 'Substantial' Prison Sentence for Centra Tech Co-Founder in $25M Fraud Token Sale

According to court documents, U.S. federal prosecutors are asking that one of Centra Tech’s co-founders, Robert Farkas, be sentenced to prison instead of his request for home confinement and community service.

HOST

Adam B. Levine

Adam B. Levine joined CoinDesk in 2019 as the editor of its new audio and podcasts division. Previously, Adam founded the long-running Let's Talk Bitcoin! talk show with co-hosts Stephanie Murphy and Andreas M. Antonopoulos.

Finding early success with the show, Adam transformed the podcast's homepage into a full newsdesk and publishing platform, founding the LTB Network in January of 2014 to help broaden the conversation with new and different perspectives. In the Spring of that year, he would go on to launch the first and largest tokenized rewards program for creators and their audience. In what many have called an early influential version of "Steemit"; LTBCOIN, which was awarded to both content creators and members of the audience for participation was distributed until the LTBN was acquired by BTC, Inc. in January of 2017.

With the network launched and growing, in late 2014 Adam turned his attention to the practical challenges of administering the tokenized program and founded Tokenly, Inc. There, he led the development of early tokenized vending machines with Swapbot, tokenized identity solution Tokenpass, e-commerce with TokenMarkets.com and media with Token.fm. Adam owns some BTC, ETH and small positions in a number of other tokens.

Adam B. Levine