[BeyondCC Daily Update] - 21 May 2020
I recently took my 7-year-old son out for a bike ride and he started to cross the street without looking. I grabbed his handlebars and shouted, “Did you look both ways?,” and he responded, “Oh, I forgot.” Fortunately, there was no traffic that day and I was right next to him, but I explained to him that remembering to look both ways is not a luxury you can afford to forget. Looking back, I realized I failed to remind him of that before we set out. Foolishly, I was only focused on the rewarding experience of a family bike ride in perfect weather, and momentarily lost sight of the downside risks.Genesis Trading Buys Crypto Custodian Vo1t in Bid to Become Prime Broker
The New York-based trading firm, which is a subsidiary of CoinDesk parent firm Digital Currency Group, acquired Vo1t to begin developing a full suite of prime brokerage services under one roof including lending, trading and custody. The terms of the deal were not disclosed.Caught Up in Steem Squabble, Bittrex to Return Tokens Diverted in Hard Fork
Richie Lai, co-founder of the U.S.-based crypto exchange, posted an announcement late on Wednesday saying his firm would return – reluctantly, it seems – million of dollars worth of disputed cryptocurrency back to a Steem wallet no one knows who controls.