Posts written by Thom Thompson

Tether

Tether

Tether, the issuer of the eponymous stablecoin, agreed to an $18.5 million penalty to settle New York state charges that it misrepresented its finances. It also agreed to stop doing business in New York.

Argo Blockchain PLC

Argo Blockchain PLC

A week after reaching a market capitalization of more than £1 billion, London-listed Argo Blockchain announced it will buy $8 million worth of bitcoin miners from ePIC Blockchain Technologies. 

Binance

Binance

Interest in Binance’s token BNB is booming as it is increasingly used in DeFi applications. Binance operates the largest cryptocurrency exchange in the world.

NFL Calls Time-Out on ErisX’s NFL Binary Options

NFL Calls Time-Out on ErisX’s NFL Binary Options

The National Football League asked the CFTC to delay any approval of ErisX’s proposed binary options contracts “pending a more comprehensive study” of whether the contracts would be used for hedging and whether users of the contract might be breaking federal laws by risking money on football spread betting across state lines.

Bitcoin

Bitcoin

Bitcoin broke the $50,000 price barrier briefly Tuesday morning amid discussions of more big bank investments and speculation about the SEC approving a bitcoin ETF.

Jack Dorsey

Jack Dorsey

Jack Dorsey, founder and CEO of not only Twitter but also digital payments company Square, is joining with rapper and entrepreneur Jay-Z to donate 500 bitcoin, supporting Indian and African BTC developers. 

CME Group

CME Group

CME launched Ether futures yesterday, trading 388 contracts. The monthly contract settles in cash to 50 times the CME CF Ether-Dollar Reference Rate.

Yearn

Yearn

One of DeFi platform Yearn’s “vaults” was “exploited” – customer deposits were hacked, losing $11 million. In November, development of DeFi protocols Pickle, Cream, Cover, and Akropolis were merged into Yearn after vaults on those platforms were exploited. 

Polkadot

Polkadot

The first ever exchange traded product based on cryptocurrency Polkadot will be listed on SIX, the Swiss stock exchange. Polkadot, now the third-largest cryptocurrency by market capitalization, lets blockchains operate together.

IBM

IBM

According to industry sources, IBM’s enterprise blockchain efforts have largely failed to catch on with customers, leaving it with just a handful of major Hyperledger-based projects like FoodTrust with Walmart and TradeLens with container shipper Maersk. 

Ripple

Ripple

Despite the SEC’s pending suit against Ripple, the company’s cryptocurrency XRP rose 56% yesterday after a Telegram group, Buy and Hold XRP, launched on Saturday. The group’s Telegram address is “pumpxrpofficial,” hinting that the group’s true strategy focuses on boosting XRP’s price. 

CBD Prices Languish As KSU Studies Using Hemp In Feed

CBD Prices Languish As KSU Studies Using Hemp In Feed

It has been quiet lately in hemp country - which, since the 2018 Farm Act, of course, includes all 50 states. In fact, industrial hemp plantings were reported to the USDA’s Farm Service Agency by farmers in 48 states in 2020 (Alaska and Mississippi didn’t come to the...

Dogecoin

Dogecoin

Dogecoin’s value rose more than 500% after “Redditors” urged readers of “SatoshiStreetBets” to buy the cryptocurrency after Tesla founder Elon Musk tweeted a parody cover of a fashion magazine, “Dogue,” featuring a whippet.

Thom Thompson

Thom Thompson

Editor

MarketsWiki Profile

Thom Thompson is a derivatives specialist who has worked in product design, business development and regulatory roles for the CFTC, the Chicago Board of TradeThe Clearing CorporationSwiss ExchangeEurex and Eurex Clearing.

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