Bitcoin News Roundup for Oct. 1, 2020

Listen or watch all the new CoinDesk podcast episodes wherever you want.

ABOUT

With BTC looking for a breakout and more casualties in the aftermath of 2017s ICO boom,CoinDesk’s Markets Daily is back for your latest crypto news roundup!

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

Today's stories:

Bitcoin Posts Biggest Monthly Price Loss Since March

Bitcoin faced selling pressure in September as the U.S. dollar rose against major currencies for the first time in six months.

Diginex Stock Goes Live on Nasdaq Following $50M in SPAC and Private Funding

Diginex has become the first crypto exchange operator to be traded on Nasdaq, listing under the “EQOS” ticker symbol.

Judge Rules Kik's Token Sale Violated US Securities Law

A federal judge has ruled that Kik's 2017, $100 million token sale violated U.S. securities law, and wants to see a proposal for refunds.

SEC Orders Salt Lending to Offer Refunds to Investors in Its $47M ICO

The SEC has confirmed it is taking action against SALT Lending after ruling the company's $47 million ICO was an illegal securities issuance.

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.