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Bitmain Promises Big Discounts as Founder Wu Returns to Action


Jihan Wu. Source: a video screenshot, Youtube, Bitcoin.com - Official Channel Bitmain’s Wu Jihan has made his first address to clients following the conclusion of a bitter power struggle with the company’s former head – and has announced a series of measures aimed at boosting the Bitcoin (BTC)...

Coinbase Patents AI Compliance System to Monitor and Flag Accounts


Popular U.S. cryptocurrency exchange Coinbase received a patent November 19, for an AI-driven compliance system which would monitor customer accounts, flagging those deemed non-compliant and recategorizing them for corrective action. Described as a “compliance determination and enforcement...

Is Plustoken to Blame for Bitcoin’s Sell-Off?


Armchair theorists love postulating the reasons behind bitcoin’s latest price rise or sell-off. From China FUD to exchange hacks, anything and everything is fair game for blame. Plustoken is the latest bitcoin bear-maker that’s being credited with the last three months of downward price...

Bitfinex and Tether Receive Another Class Action Lawsuit in US Courts


The operators of the cryptocurrency exchange Bitfinex and the stablecoin Tether have notified users that they were hit with another class action lawsuit in U.S. courts over market manipulation allegations that the companies are trying to frame as mercenary and baseless. Also Read: Bitfinex Claims...

South Korean Committee Passes Bill Enforcing FATF Crypto Rules


South Korea’s national policy committee has passed an amendment establishing a legal framework for cryptocurrencies. It requires crypto exchanges and service providers to register with the country’s financial regulator and comply with the recommendations set by the Financial Action Task...

Bitfinex Hit With Second Class Action Lawsuit, Threatens Retaliation


Cryptocurrency exchange Bitfinex has lashed out at what it calls a “mercenary and baseless class action complaint” lodged in Washington State, in the United States – threatening its issue with retaliatory legal action. The company made its allegations in a statement following what the exchange...

US to Strictly Enforce Crypto Rules Similar to FATF Guidelines


The U.S. government will strictly enforce the rules on cryptocurrencies similar to the standards recommended by the Financial Action Task Force (FATF). The Financial Crimes Enforcement Network has reaffirmed that its “Travel” rule applies to cryptocurrencies. Meanwhile, the Federal...

Disabled buttons suck


In this oldie but goodie, Hampus Sethfors digs into why disabled buttons are troubling for usability reasons and he details one example where this was pretty annoying for him. The same has happened to me recently where I clicked a button that looked like a secondary button and... nothing happened....

Canadian Regulator Seizes Troubled Crypto Exchange


The British Columbia Securities Commission has taken control of a cryptocurrency exchange which allegedly owes customers over $12 million. Einstein Exchange had planned to shut down amid complaints, lawsuits, and money laundering investigations. The Canadian regulator has also taken action against...

Market Update: Crypto Prices Spike Significantly In a Matter of Minutes


Digital currency markets have seen a strong price spike on Friday, adding billions to the overall market capitalization of the entire cryptoconomy. The surprise upward trend shows a few of the top-performing cryptocurrencies have gained between 10-20% in the last 24 hours. Also read: FATF Starts...

Bakkt Announces Bitcoin Options After Record-Breaking Futures Volumes


On October 23, Bakkt’s physically-settled bitcoin futures contracts touched an all-time high with 640 BTC ($4.8 million) swapped on the exchange. Coincidentally, the futures action started after BTC prices plummeted to $7,365 across global exchanges. After the record-setting day, Bakkt...

Understanding How Reducers are Used in Redux


A reducer is a function that determines changes to an application’s state. It uses the action it receives to determine this change. We have tools, like Redux, that help manage an application’s state changes in a single store so that they behave consistently. Why do we mention Redux when talking...

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