Bitcoin News Roundup for Oct. 19, 2020

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ABOUT

With BTC transaction activity slowing and Filecoin miners striking, CoinDesk’s Markets Daily is back for your latest crypto news roundup!

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

Today's stories:

'Boring' Bitcoin Market Sends Miners' Fee Earnings to 3-Month Low

Bitcoin's transaction activity has cooled amid the recent lull in price action – and that's hurting miners' earnings.

Filecoin Miners Go On Strike One Day After Mainnet Launch, Prompting Early Reward Release

Some of the largest Filecoin miners stopped mining on Saturday, complaining the project’s mining incentive scheme has made it impossible for the miners to start operations.

The OKEx Drama Exposes a Weakness in Crypto Market Infrastructure

The OKEx drama shows just how immature crypto markets are compared to traditional ones, but it also highlights their overall resilience.

First Users Not So Impressed by China's Digital Yuan: Report

A recent giveaway of China's in-testing central bank digital currency has reportedly left recipients wondering why they should change from existing solutions like Alipay.

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.