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    πŸš€ Guess which Crypto team shows up at CES 2020... πŸ€”



    There's a "digital money" section on the show floor of the Consumer Electronics Show (CES) in Las Vegas, but there's only 1 actual digital money project represent.
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    🌳 Bitcoin's Taproot/Schnorr upgrade proposal is 'nearly ready'

    Developers behind Bitcoin's Taproot/Schnorr upgrade will soon finish addressing community comments and push the project into implementation phase.

    Taproot offers a new degree of privacy by making all transactions, no matter how complicated, appear the same to observers of blockchain data.

    The proposal was first unveiled by Bitcoin Core developer Greg Maxwell in January 2018.

    The proposal moving forward is designed to save 30% to 75% in fee use and accelerate block validation by up to 2.5 times, as well as providing massive improvements to on-chain data privacy.

    🚧 Cobinhood Shuts Down for Auditing Until February 10

    Cobinhood Exchange is shutting down and auditing all accounts' balances from Jan 10 to Feb 9 in 2020.

    Do not deposit any funds into the exchange in the meantime.

    The platform assures that funds will remain safe and investors and traders will be able to access them as soon as the platform opens again on February 10.

    🧳 Deribit to move platform to Panama in response to 5AMLD

    Deribit announced it is leaving the Netherlands to avoid the mandates of the coming Fifth Anti-Money Laundering Directive (5AMLD).

    The platform will be run by a Panama-based subsidiary of the Dutch Deribit B.V. as of February 10, 2020.

    "We believe that crypto markets should be freely available to most, and the new regulations would put too high barriers for the majority of traders, both - regulatory and cost-wise," said the company in a statement.

    Launched in July 2019, FTX is a cryptocurrency derivatives exchange that is innovating the industry with exciting new offerings. The team behind the exchange, Alameda Research, is one of the largest market makers in the crypto sphere. They have experience managing over $100 million in digital assets and trade between $600 to $1.5 billion per day across thousands of products.

    In our upcoming webinar, Sam Bankman-Fried (CEO of FTX) will be sharing about their latest MOVE and Options roll out and FTX's plans for 2020.

    Date: January 16, 2020 (Thursday)
    Time: 11:00AM (GMT +8)
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