Youtube ‘Christmas Purge’ Has Content Creators Pointing to These Alternate Platforms

December 26th, 2019

Recent widespread video removals have crypto Youtubers searching for greener and more dependable pastures for content production. While reports have since emerged of Youtube claiming the incident was an accident, and that videos are now being restored, the “Christmas Crypto purge” of 2019 has nonetheless burnt an indelible memory into the minds of dedicated Youtubers….

Speculation Abounds Regarding Youtube’s Removal of Crypto Content

December 24th, 2019

At least six crypto Youtube channels have reported in recent hours that their content is being removed under the site’s “harmful and dangerous” policy, with one popular channel claiming Youtube pointed to a “sale of regulated goods.” Chris Dunn is one of these, whose channel has over 200k subscribers and has had multiple videos removed…

PBOC Official: China’s Digital Yuan Won’t Be a Speculative Currency Like Bitcoin

December 23rd, 2019

According to recent statements by People’s Bank of China (PBOC) official Mu Changchun, the country’s digital yuan is ready for trials. The central bank digital currency (CBDC) will decidedly not be a speculative asset like bitcoin or stablecoins, and will not need a currency basket for backing, Changchun affirmed. Reactions to the announcement are varied,…

Reports Criticize Bitcoin SV Miners and the Chain’s Upcoming Fork

December 20th, 2019

In the last two days there have been two critical posts published against the Bitcoin Satoshi’s Vision network (BSV). On December 17, Binance Research published an allocation mining report that analyzed the mining activities of BTC, BCH, and BSV and the research detailed that BSV miners are mining irrationally to protect their investment. The following…

Ciphertrace Says Banks Unknowingly Process $2 Billion in Crypto per Year

December 17th, 2019

According to the blockchain analysis firm Ciphertrace, major U.S. banks process roughly $2 billion in digital currency transactions that go undetected every year. Ciphertrace disclosed a slew of financial institutions have not deployed the right KYC/AML infrastructure to detect unregistered cryptocurrency transfers. All Top 10 US Banks Have Unwittingly Processed Crypto Transactions Ciphertace offers cryptocurrency…

German Banks Increasingly Charging Retail Clients Negative Interest Rates

December 16th, 2019

A growing number of banks in Germany are charging retail customers negative interest rates, starting with the very first euro deposited into their accounts. At least three German banks are reportedly doing so, with more expected to follow suit in the near future. As the European Central Bank maintains a negative rate policy, more banks…

Quadrigacx Founder Dead or Alive? Request for Exhumation and Autopsy Filed

December 14th, 2019

The founder of now-defunct crypto exchange Quadrigacx may still be alive, even though he supposedly died in India about a year ago. A court-appointed law firm is seeking an answer on behalf of affected users. The firm has requested an exhumation and post-mortem autopsy in Canada of the body of Gerald Cotten, as some 76,000…

BRD’s Adam Traidman on New Products, Crypto Adoption, and Banking the Unbanked Into 2020

December 11th, 2019

Breadwallet, later known as Bread, and now just as BRD, was the first crypto wallet in the App Store in 2014. Its non-custodial, open-source and user-friendly nature saw it become very popular, now with nearly 3 million users worldwide. CEO Adam Traidman took some time to field questions from this week, detailing BRD’s upcoming…

New Ukrainian Law Says ‘Virtual Assets’ Can Be Used for Payments

December 9th, 2019

The Verkhovna Rada, Ukraine’s legislature, has approved amendments that introduce legal terms and definitions pertaining to the crypto space. The new legislation, which aims to transpose the FATF standards into national law, also identifies who is to take responsibility for the oversight of cryptocurrencies in the country. Using Crypto for Payments and Investments The draft…

Mining Chip Maker Ebang Next in Line to File for US IPO

December 6th, 2019

Ebang, the ASIC chip and mining rig manufacturer based in Hangzhou, China is allegedly filing for an initial public offering (IPO) in the U.S. following Canaan’s recent Nasdaq listing and Bitmain’s secret IPO filing. The world’s third-largest bitcoin mining hardware manufacturer plans to follow Canaan’s footsteps with an attempt to be listed on the American…