In news that created quite a stir in the crypto community, 50 BTC were moved from a Bitcoin wallet that had been dormant since 2009. 

Digital asset investment fund Grayscale has revealed that assets under its management have hit new highs.

Leading crypto exchange Coinbase will move to a “remote-first” workplace model even after the Covid-19 pandemic subsides

Top stories in the Crypto Roundup today:

• Early Bitcoin Miner Moves 50 Bitcoin From 2009
• Grayscale’s Bitcoin Trust Hits $3.4 Billion AUM
• Coinbase to Allow Remote Work Forever

At the time of writing, bitcoin (BTC) is trading at $9,473.94 (-2.94%) with a daily Top Tier volume of $4.18 bn. As for ether (ETH), it is trading at $208.79 (-2.11%) with a daily Top Tier volume of $848.58 mn. The MVIS CryptoCompare Digital Assets 10 Index is currently tracking at 3,052.48 (-0.01%).

Early Bitcoin Miner Moves 50 Bitcoin From 2009

In news that created quite a stir in the crypto community, 50 BTC were moved from a Bitcoin wallet that had been dormant since 2009. The funds moved were mined in February 2009, just one month after Satoshi Nakomoto launched Bitcoin. Originally brought to attention by the popular Twitter account Whale Alert, who described the wallet as a “possible Satoshi owned wallet,” the move saw the Bitcoin price slide over 7% as the market reacted with concern to the news. 

Several Bitcoin analysts however, were quick to pour cold water on the excitement surrounding the transfer, highlighting both the fact that blockchain patterns associated with known transfers from Satoshi’s funds differ significantly from this latest transaction, and that several other people were also known to be mining Bitcoin around February 2009.

The news didn’t fail to create commotion on social media however, with the word “Satoshi” trending on Twitter yesterday afternoon.

Grayscale’s Bitcoin Trust Hits $3.4 Billion AUM

Digital asset investment fund Grayscale has revealed that assets under its management have hit new highs this year.

In a tweet published May 19, the firm said that it now has $3.8 billion net AUM (Assets Under Management) across all its crypto investment vehicles, with nearly $3.4 billion in its Grayscale Bitcoin Trust. The new high in assets under management shows significant growth from just a year ago. AUM in May 2019 stood at $2.1 billion, while its Bitcoin Trust stood at only $1.9 billion. Grayscale’s Ethereum Trust now stands at $289.3 million.

In April 2020, Grayscale revealed that the company is holding about 1.7% of all of Bitcoin’s supply in the Grayscale Bitcoin Trust, and the latest figures suggest that this share is set to grow.

Coinbase to Allow Remote Work Forever

Leading crypto exchange Coinbase will move to a “remote-first” workplace model even after the Covid-19 pandemic subsides. In an open letter to employees, CEO Brian Armstrong explained:

“After the restrictions of quarantine are over, Coinbase will embrace being ‘remote-first’, meaning we will offer the option to work in an office or remotely for the vast majority of roles.”

With 20-60% of employees expected to continue to work remotely, the exchange follows in the footsteps of several leading crypto exchanges which have embraced decentralized working, including Binance and Kraken.

The crypto industry’s adoption of decentralized working is now being echoed by other leading tech companies, with Jack Dorsey’s Twitter and Square both announcing permanent remote work policies in recent weeks.

Anycoin Direct launches innovative new platform

Cryptocurrency exchange service Anycoin Direct rolls out a new website for the European market.

With their newly designed website, Anycoin Direct aims to make the buying and selling process of cryptocurrencies more accessible for everyone. The personalized design is unique within the cryptocurrency industry and was chosen to create a more reliable and trustworthy appearance. CTO Julian van der Wijst states "With this new approach we’re going to show that getting into cryptocurrency doesn’t have to be difficult or unpersonal". Their step-by-step process helps users whether beginner or experienced, carry out fast and secure transactions.

Check out the walkthrough video

Anycoin Direct is a cryptocurrency broker based in the Netherlands and was founded in 2013. They were the first European cryptocurrency broker to offer a live-chat support service, 7 days a week. With their new platform, Anycoin Direct is trying to make cryptocurrency accessible for a larger audience, including less tech-savvy users.

Try Anycoin Direct Now!

A new innovative feature is the adaptive side support bar. This system dynamically shows relevant questions and answers during each step in the buying and selling process. If this system is unable to answer the questions, the Anycoin Direct support team is just one click away for direct assistance. A live chat can be opened 7 days a week to get in touch directly with one of their support agents. Furthermore, they offer in-depth information on all supported cryptocurrency projects making it possible to learn more about your favorite coins.

Check out Anycoin Direct’s social media channels: Twitter, Facebook, Instagram, Linkedin.

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