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OCC Wants to End Banks’ Discrimination of Disfavored Businesses Including Crypto Companies
23.11.2020
The OCC is proposing a rule change that compels large U.S. banks to offer and provide fair access to financial services to anyone that wants them. The proposition seeks to clarify the obligation of large banks to provide fair access to financial services in a manner consistent with the Dodd-Frank...
Cory Doctorow: The Monopoly Web Is Already Here
16.11.2020
The science fiction writer on how monopolies came to dominate today's economy and why the orthodoxy of tech criticism is wrong
While Darknet Users Search for New Markets, Global Law Enforcement Reveals Mass Arrests
5.10.2020
During the last month since the fall of Empire Market, darknet market (DNM) patrons have been migrating to alternative markets. Meanwhile, global law enforcement recently arrested 179 individuals tied to DNMs and seized over $6.5 million in cryptocurrency and cash proceeds. It hasn’t been...
China’s Digital Yuan to Defend State Monopoly on Money – Central Bank
16.9.2020
Central bank digital currencies (CBDCs) like the Chinese digital yuan project may well bring centralization of money to a whole new level, an article by a top Chinese central bank official reveals.
In the article, written by People’s Bank of China (PBoC) deputy governor Fan Yifei for the bank’s...
After Empire’s Exit Scam, Darknet Market Patrons Scramble to Find Alternatives
29.8.2020
Ever since the darknet market (DNM) Empire went under, DNM patrons have been scrambling to find reliable marketplaces on the deep web. On forums, individuals are discussing which markets are safe, the logistics of how to use different DNMs, and how much they lost from Empire Market’s exit...
Top Indian Central Banker Says Cryptos Have a Future But Fears Monopoly
20.8.2020
A former chief economist of the IMF said neither private digital currencies nor central bank digital currencies should hold a monopoly
US Bank Regulator: Dollars on Blockchain ‘Better Than Central Bank Monopoly on the Payments System’
29.7.2020
Acting Comptroller of the Currency Brian Brooks points to existing stablecoin projects as an example for U.S. payments infrastructure
The Covid-19 Crisis Fueled Darknet Markets – A Patron’s Biggest Concern Is Mail Disruption
19.7.2020
Ever since the coronavirus outbreak swept the globe, darknet markets (DNM) have grown exponentially and the lockdowns worldwide are prompting first-time DNM buyers. Currently, the largest DNM on the invisible web is the marketplace Empire, and the only thing impeding the rush of DNM sales these...
Christophe Cieters: Monopoly Money
12.7.2020
As money developed and people opted to place it in secured storage, banks started issuing banknotes which represented a client’s deposit at the bank and the promise to redeem each note for the amount of gold it represented at a 100% reserve rate. Market exchange rates of the coins were...
Coronavirus & Bitcoin Price: Is China Losing Its BTC Mining Monopoly?
4.4.2020
The recent 50% crash in Bitcoin price may have long-lasting consequences for miners and possibly signal the end of China’s overwhelming dominance of the mining industry?
Fungible Tokens Turn Monopoly Money Into Cryptocurrency
5.3.2020
Brave New Game, or, what would be dramatically changed by adding real cryptocurrencies to board games?
Darknet Markets Flourish as White House and Empire Toast Milestone Achievements
2.3.2020
Business is booming on the darknet. Despite ongoing DDoS attacks, Empire Market has now passed 1 million users and two years’ trading. White House Market is also going strong, boasting almost 100% uptime in its first six months and over 60,00 users. In related news, the darknet has gained...
Chinese Communist Party Exec Wants State Monopoly on Digital Currency
27.2.2020
China Former Vice President of CIRC of the Party openly talks the strategic plan of CBDC and its ICO and crypto bans
Brave Challenges Google’s Advertising Power Before the UK Competition Watchdog
22.2.2020
The company behind the privacy-oriented browser Brave has set out to convince regulators in the U.K. to end Google’s advertising monopoly in the digital space. In a filing with the country’s Competition and Markets Authority (CMA), Brave puts forward recommendations on how...
Darknet Users Discuss the Connection Between DDoS Attacks and Exit Scams
1.2.2020
During the last few weeks, a number of darknet markets (DNMs) like Dread and Empire have been attacked relentlessly with heavy DDoS attacks. Meanwhile, reports disclose that Apollon is allegedly pulling an exit scam in the same fashion as Nightmare Market did last year. Darknetstats.com details...
New Chainalysis Report Sheds Light on Darknet Markets and the Need for Onchain Privacy
29.1.2020
Darknet market activity hit new highs in 2019, as shown in a new report from blockchain forensics firm Chainalysis. Despite concerted attempts from law enforcement (LE) to crack down on darknet markets (DNMs), coupled with several exit scams, crypto inflows and outflows surpassed $800 million last...
Monopoly Is a Tiny Darknet Market With Big Aspirations
18.1.2020
There’s a certain irony in the smallest market on the darknet being named Monopoly. With less than 150 listings, the monero-friendly Monopoly Market is anything but. What this tiny darknet market (DNM) lacks in size, however, it makes up for in spirit. The cypherpunk ethos permeates this...
Google Bans Crypto App Metamask From Play Store
29.12.2019
Soon after Google-owned Youtube has swung the strikes hammer against video content creators that talked about cryptocurrency-related topics, another arm of the search monopoly has taken down a popular ethereum dapps client. Also Read: Youtube ‘Christmas Purge’ Has Content Creators...
Ethereum Is No Longer a Monopoly Platform for Stablecoins
11.10.2019
Ethereum isn’t the only stablecoin game in town. The number of Ethereum-based stablecoin projects is declining as teams use other platforms, forks, 3.0 blockchains and proprietary blockchains for building price-stable currencies instead
The European Commission Concerned About Libra’s Potential Monopoly
20.8.2019
The European Commission is concerned that Libra will stifle competition from rival service providers