Asia’s Love Affair With Blockchain Is Blossoming
Far away from western eyes, Asian blockchain projects are thriving. A vibrant ecosystem of public and permissioned chains has sprung to life in Asia, aided by government and big business endorsement of distributed ledger technology (DLT). Many of these chains are virtually unknown outside of the region, yet enjoy high Continue Reading
Mainstream Media’s Hit Piece on Hitmen Fails Miserably
Mainstream media is probably one of the worst mediums for factual information because it’s typically filled with ignorance and propaganda. When it comes to cryptocurrencies, darknet markets, and encryption, conventional news outlets publish hit pieces that are beyond absurd. On December 27, Harper’s Magazine published a feature report called “Click Continue Reading
Huobi Indonesia Launches Trading Between Indonesian Rupiah and Tether
Cryptocurrency exchange Huobi is launching a local gateway in Indonesia to enable fiat-to-crypto trading between the Indonesian Rupiah and Tether. Cryptocurrency exchange Huobi is launching a fiat gateway in Indonesia to enable fiat-to-crypto trading between the Indonesian Rupiah (IDR) and Tether (USDT). In a Dec. 27 press release, the Huobi Continue Reading
What’s Next For YouTubers Impacted By Crypto-Related Content Ban?
YouTubers turn to decentralized video platforms as an alternative to YouTube, while lawyers chime in on the matter On Dec. 23, thousands of YouTubers received emails from the video giant notifying them that their crypto-related videos had suddenly been deleted from the platform. The ban, which lasted about four days Continue Reading
User Reports Reveal Visa and Mastercard Outages During the Holidays
Having problems with payments around Christmas can be frustrating, especially for those who leave gift buying till the last minute. With calmer markets this holiday season, the crypto ecosystem has been operating relatively smoothly, with few exceptions. The fiat world, however, saw some glitches that affected card payments in particular. Continue Reading
Bitfinex Beefs-up KYC Requirements, Asks Users for Additional Info
Bitfinex steps up KYC requirements, asking verified users for proof of residence, and the source and use of their funds. Cryptocurrency exchange, Bitfinex, has reportedly strengthened its know your customer (KYC) requirements, sending an email to verified users asking for more identifying information. Additional personal data requested According to a Continue Reading
Lightning Network Traffic Analysis Raises Questions Over Fees and Privacy
A new research paper provides what is perhaps the most informative series of snapshots simulating Lightning Network traffic over the past year. The paper, titled “A Cryptoeconomic Traffic Analysis of Bitcoin’s Lightning Network,” was written by a trio of Hungarian researchers: Ferenc Béres of the Institute for Computer Science and Continue Reading
As FATF Regulations Galvanize, Crypto Mixing Applications Are Targeted
Since the inception of Bitcoin, governments have tried to keep track of all the transactions taking place on the public blockchain. As the years progressed, authorities have shown a distaste for cryptocurrency mixing applications like Coinjoin. On Dec. 19, a Binance customer couldn’t withdraw his bitcoin because the exchange told Continue Reading
No Bail for Ethereum Researcher Turned North Korea Advisor Following Incriminating Texts
NY courts rejected bail for ETH researcher Virgil Griffith after he allegedly taught crypto to North Koreans and renounced his U.S. status via text. Ethereum Foundation researcher Virgil Griffith has reportedly been denied bail in New York. Currently detained, Griffith is appealing the action. “Griffith was presented yesterday and ordered Continue Reading
Chinese Regulators Worry About Crypto Resurgence, Issue New Warning
Chinese securities regulators in Beijing have urged authorities to carry out relevant actions aimed at preventing the usage of cryptocurrencies by the public. China’s securities regulators has urged Beijing authorities to carry out relevant actions aimed at preventing the usage of cryptocurrencies by the public. In a Dec. 27 announcement Continue Reading
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