1) A Reddit user earns $25K profit in Bitcoin .
‘u/Cryptorich13’, a Reddit user had converted his 80,000 Moon reward into Bitcoin at the start of this year and has earned a profit of roughly $25k. He said
I shitposted a lot in 2017. I was awarded 80k reddit moons earlier this year which I sold on the rinkeby testnet using XDai and honeyswap and immediately bought BTC with it. (0.92 BTC to be exact).
2) New York Times highlights the pay discrimination at Coinbase.
The New York Times journalist Nathaniel Popper’s report highlights the pay discrimination at San Francisco-based crypto exchange Coinbase. The report disclosed that Black employees were paid 7% less for a similar position and female employees were paid 8% less for the exact same job as per the payroll data from 2018. The New York Times wrote
The pay disparities at Coinbase appear to be much larger than those in the tech industry as a whole,
3) Bitcoin hits its all-time high at $28,598.74.
Bitcoin hits an all-time high at $28,598.74 according to Binance on December 30, 2020, the market cap was $522,792,122,026 at the time of writing. This all-time high brings Bitcoin closer to $30,000 to a new psychological level before the end of the year, which felt impossible just one week ago. However, few analysts on Twitter believe that a reversal could take Bitcoin down to existing support at $19,500.
4) A crypto user lost $50K by mistake and got donation worth $11K.
Github user ‘dawidkabani13’ sent 4,005 Chainlink (LINK) of roughly $50K to an immutable Aavegotchi (GHST) smart contract on the Ethereum blockchain. He instantly realized that it didn’t support operations for the token. To this Aavegotchi created a donation page to help Dawid. The project’s co-founder – Jesse Johnson had tweeted that $11,000 in tokens on Christmas Day from more than 200 deposits were sent to the crypto user. Jesse Johnson also said
Though there was no technical solution, we realized a charity in the Christmas spirit could be a great opportunity to demonstrate the human side of crypto.
5) SEC’s case against Ripple will have a pretrial in February 2021.
The U.S. District Court of the Southern District of New York will have pretrial of the lawsuit filed by the Securities and Exchange Commission against Ripple Labs on February 22, 2021. As per the court document, there will be a telephonic pretrial conference and both the parties have to submit a joint letter a week earlier stating a brief description of the case, including the factual and legal basis for the claim(s) and defense(s), any contemplated motions and the prospect for settlement. Ripple claims that the token is a currency, not a security, and it will ultimately prevail against the Commission.