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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 n...
Markets Daily Crypto Roundup
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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.

Bitcoin News Roundup for Nov. 5, 2020