News- 04/10/2021


  1. 1 XCV = £0.01333
  2. 1 BTC = £35,163.61
  3. 1 ETH = £2,472.28


  1. Compound Founder Says $80M Bug Presents ‘Moral Dilemma’ for DeFi Users: While Robert Leshner seemed to briefly threaten users with the IRS, the reality is that he – and the rest of the Compound Labs community – are now relying on the goodwill of users.
  1. Former Bitcoin lead dev predicts demise of BTC network… with a major silver lining: Bitcoin prices could reach $6 million per coin in 40 years’ time, but the whales may eventually pull the plug…
  1. FIAT MONEY IS BABEL, BITCOIN IS CLARITY: Fiat obstructs true price signals which convey economic reality, and bitcoin fixes this.
  1. At Least 6,000 Coinbase Accounts Exposed In Hack: Coinbase has released a breach notification letter this week saying that a minimum of 6,000 user accounts were victim to hackers. The exchange has stated that the breach took place between March and May of this year.
  1. Dogecoin Founder Proposes Ethereum Bridge And NFT Compatibility As Ways To Bolster DOGE Network
  1. Crypto and God: Mississippi church provides Bitcoin, Ethereum, and others as giving option

  1. IMF: Issue CBDCs, Improve Cross-border Payments to Counter Crypto’s ‘Phenomenal Growth’
  1. Over 100,000 banking jobs to disappear in next five years - Wells Fargo: Analysts at Wells Fargo predict that over 100,000 banking jobs could be displaced by technology over the next five years.
  1. Facebook urged to take safeguarding concerns seriously after launch of new fundraising tools
  1. “Speed-dating” funding platform launches to link small nonprofits with local businesses: Online fundraising platform ActionFunder has launched today, with the aim of making it easier and quicker for firms to get funds to community grassroots activity.