Layer1Live - Bitcoin Updates, Reddit ERC-20 Token?, HTC Monero Mining, Exchanges Unveil EOS Staking

This week the Layer1 crew discusses the latest on Bitcoin, Arthur Hayes, Reddit unveiling a potential "Community" token, HTC Monero Mining, and exchanges releasing voter rewards for EOS!

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00:05 Team Updates

3:45 Quick News
BTC Hashrate jumps back up by 33% in 2 days
https://cointelegraph.com/news/bitcoin-hashrate-increases-in-2-days-will-btc-price-follow

BTC Trading Volume on crytpo exchanges collectively grew 61% in Q1 this year
https://www.theblockcrypto.com/linked/60937/bitcoin-trading-volume-on-exchanges-grew-61-percent-in-q1-compared-to-previous-quarter

Bitfinex to offer 10% staking rewards on EOS, V.Systems and Cosmos, with Tezos starting in May
https://www.theblockcrypto.com/post/61094/bitfinex-ventures-into-staking-space-offering-10-annual-return-on-three-tokens-at-launch

Canaan Bitcoin Miner reports net loss of almost $150m for 2019
https://www.coindesk.com/bitcoin-miner-maker-canaan-lost-148-million-in-2019

Tether Legal Update: Tether saying they will file a motion to dismiss the NY AG's claims
https://sunriseread.com/tether-to-file-motion-to-dismiss-class-action-lawsuit-based-on-nyag-claims/84114/

Binance Legal Update: This could hover over Binance for 3-4 years; other issues like claims Binance specifically looked for pre-minted projects vs. mined projects for $$
https://cointelegraph.com/news/recent-class-action-lawsuit-could-cost-binance-billions-of-dollars

Telegram Legal Update: Telegram is backed by "Blockchain Association" as war around securities laws continues (Coinbase, Polychain, Grayscale and more a part of BA)
https://messari.io/article/blockchain-association-backs-telegram-again-in-case-against-sec

Discussion
16:00 Arthur Hayes thinks Bitcoin could retest $3k - what do each of us think the rest of 2020 holds for Bitcoin?
https://cointelegraph.com/news/hayes-scary-warning-bitcoin-price-could-absolutely-retest-3k
https://blog.bitmex.com/choose-your-fiction/

39:37 New botnet called DDG is seemingly "impossible to stop"
https://www.forbes.com/sites/leemathews/2020/04/10/a-sinister-new-botnet-could-prove-nearly-impossible-to-stop/#756b923a7c5c

45:30 The FED announced another 2.3 Trillion in funding for PPP (payrolls), small business and more -- how far does this go and what impact does it have on crypto?
https://messari.io/article/federal-reserve-announces-2-3-trillion-in-additional-funding-to-support-the-economy

56:40 BitMex Users Have Been Withdrawing Bitcoins Since Black Thursday
https://cointelegraph.com/news/bitmex-has-been-bleeding-bitcoins-since-black-thursday

1:16:18 Ethereum
Reddit is supposedly working on "Community Points" for its platform; a social point that will be ERC20 based
https://www.coindesk.com/reddit-may-use-ethereum-for-a-new-token-based-points-system

New "DeFi Alliance" is launched with major Chicago Trading Firms
https://messari.io/article/chicago-s-trading-firms-look-to-defi-with-new-alliance

1:33:58 EOS
Block.One to vote on the EOS blockchain governance starting in May
https://www.theblockcrypto.com/linked/61542/block-one-reveals-plan-to-begin-voting-on-the-eos-blockchain-in-may
http://eosacknowledgments.io/
Earn 8% APR on Binance with EOS. Bitfinex to come...
https://www.eosgo.io/news/binance-staking-eos-8-apr
https://www.theblockcrypto.com/post/61094/bitfinex-ventures-into-staking-space-offering-10-annual-return-on-three-tokens-at-launch

1:59:30 Monero
Monero can now be mined using the HTC Exodus blockchain-focused phone
https://www.theblockcrypto.com/post/61529/htc-to-allow-mining-monero-directly-via-its-exodus-blockchain-phone