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Bitcoin News Roundup for Oct. 8, 2020

With trading volumes surging and DeFi slowing down, CoinDesk’s Markets Daily is back for your latest crypto news roundup!

Markets Daily Front Page Adam Lyllah

With trading volumes surging and DeFi slowing down, CoinDesk’s Markets Daily is back for your latest crypto news roundup!

STORY CONTINUES BELOW
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This episode is sponsored by Crypto.comNexo.io and Elliptic.

Today's Stories:

Bitcoin Options Volume on CME Jumps 300% as Traders Take Bullish Bets

Trading volumes for CME bitcoin options surged as traders made bull call spreads anticipating a rally.

As DeFi Deflates, Ethereum Users Get Reprieve From Soaring Fees, Congestion

The popularity of decentralized cryptocurrency exchanges had backed up the Ethereum blockchain, raising questions about its ability to scale.

BitMEX CEO Arthur Hayes Leaves Role After US Charges

The parent group of BitMEX has announced an executive shakeup after U.S. authorities charged the firm over allegedly illegal conduct.

KPMG Airs Blockchain Solution to Help Corporates Offset Carbon Emissions

"Big Four" firm KPMG says its patent-pending blockchain solution will help organizations measure, report and offset their carbon emissions.

For early access before our regular noon Eastern time releases , subscribe with Apple PodcastsSpotifyPocketcastsGoogle PodcastsCastboxStitcherRadioPublica or RSS.

Lyllah Ledesma

Lyllah Ledesma is a CoinDesk Markets reporter currently based in Europe. She holds a master's degree from New York University in Business and Economics and an undergraduate degree in Political Science from the University of East Anglia. Lyllah holds bitcoin, ether and small amounts of other crypto assets.

Lyllah Ledesma