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The Growing Crypto Tide in Retail: Advantages and Challenges


Cryptocurrencies are yet to become a viable alternative to fiat currency, but over the last decade, they have emerged as a force to reckon with. Cryptocurrencies are decentralized anonymous systems of currency, which are gradually being adopted as a medium of exchange for goods and services...

Cloud Token and the Rise of MLM Crypto Projects


Chinese law enforcement recently busted 72 individuals connected to the Cloud Token (CTO) scam. The Ponzi was similar to the Plustoken fraud and CTO scammers made off with $500 million. According to regional press, the CTO scam artists are likely connected to the Plustoken swindlers. Moreover...

Authorities in Sichuan Go After Miners to Save Electricity in the Dry Season


Regional authorities in the province of Sichuan are reportedly pressuring bitcoin miners to scale down operations amid electricity shortages during the dry season in Southwest China. A meeting has been scheduled with regulators, the state run grid operator and mining companies. Two hydropower...

Harsh Laws Make Bitcoin Holders Consider Renunciation or Dual Citizenship


As digital currencies become a mainstay in society, a great number of governments have enforced strict tax guidelines, severe money transmission rules, and tough regulations. Because of a few nation-states’ harsh rules against cryptos, there are individuals who plan to renounce their...

Cryptonews Rewind 2019: Q1 - Last Months of Crypto Winter & First Hacks


Here is what happened in the Cryptoworld in the first quarter of this year: Total crypto market capitalization in Q1 January The year started with the celebration of Bitcoin’s 10th birthday – the day that saw the first block in the Bitcoin blockchain mined, aka the Genesis block. On the same...

Bans, Exiles, Breakthroughs and 20 Crypto Jokes


Just because it was a holiday week doesn't mean that there were no crypto news. The head of the People’s Bank of China’s digital currency research institute confirmed that a “digital form of the yuan” is on its way, but said it's different from BTC or stablecoins as it's not for speculation. Meltem...

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...

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...

4 Beijing Regulators Issue New Crypto Activity Warning


Four financial regulators in China have jointly issued a fresh warning regarding crypto trading activities in Beijing. The notice explains the reason for the warning and lists prohibited crypto activities, which have reportedly been surging as companies ramp up their blockchain promotion. Also...

Crypto’s Counterpunch to U.S. Hegemony and Empire


“The Muslim world should be designing measures to save themselves from the domination of the United States dollar and the American financial regime.” —Hassan Rouhani, President of Iran Also Read: Crypto Confronts Social Justice Warriors Hegemony and Muslim Resistance Hegemony...

Chinese Regulators Warn Crypto Crackdown Is Still Effective


Anyone harboring hopes that Beijing was softening its hardline stance on cryptocurrencies after its latest blockchain drive appears to have been thwarted – with a host of regulators in the country ruling out policy changes. The crypto crackdown of 2017 was sweeping, with initial coin offerings...

YouTube’s Crypto-purge Opens Discussions for a Decentralized Alternative


Google has been known as an open admirer of blockchain technology and cryptocurrencies. Its former CEO, Eric Schmidt, has recently praised Bitcoin and termed it as amazing advancement while the current CEO of Alphabet Inc. Sundar Pichai said in a recent interview that he regularly mined Ethereum....

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