Currency.com Accused of Exploiting KYC to Withhold Customer Funds
Know Your Customer (KYC) and Know Your Transaction (KYT) are ostensibly deployed by exchanges to combat money laundering. In practice, these provisions are used as an excuse to surveil, cajole, and threaten customers, who risk losing funds if they are unable to meet the impossibly high burden of proof. An investigation by news.Bitcoin.com suggests that … Read more
Meet the Network Investor: A Venture Capitalist Who Invests in DeFi
How do you invest in a space where startups rarely have revenue? Go to Source Powered by WPeMatico
Celsius Joins Major Cryptocurrency Firms Using Simplex’s Fiat Onramp
United Kingdom-based crypto lending startup Celsius Network enables in-app crypto purchases via a new partnership with Simplex Go to Source Powered by WPeMatico
New Platform Helps Developers Tokenize Their Games on Ethereum
A new game development platform, Enjin, has gone live on the Ethereum mainnet Go to Source Powered by WPeMatico
Regulatory Roundup: Trump’s Cryptocurrency Proposals, IRS Changes Rule, China Quarantines Cash
In this roundup, we cover numerous cryptocurrency regulatory developments in the U.S., including President Trump’s crypto proposals, testimonies by the Federal Reserve chairman and the Treasury secretary, a crypto-friendly SEC proposal, and the IRS changing a crypto tax rule. We also cover China quarantining yuan bills, its central bank filing 84 digital currency patents, 40 … Read more
Decentralized Lending Protocol bZx Hacked Twice in a Matter of Days
Decentralized lending protocol bZx was hacked two times just days apart, with a total loss of about $954,000 Go to Source Powered by WPeMatico
Peter Schiff ‘Concedes’ Bitcoin Profitable, But Won’t Succeed as Money
Bitcoin can net you “a lot of money” but isn’t actually money itself, says Bitcoin holder Peter Schiff Go to Source Powered by WPeMatico
Coinbase Pitches Crypto As a Solution for Racial Inequality in Finance
Coinbase’s new campaign reaches out to ethnic minorities with the claim that crypto can help tackle systemic discrimination in the financial sector Go to Source Powered by WPeMatico
XRP Price Analysis for February, 18th – XRP Falling Sped Down
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex By Tuesday, February 18th, the XRP rate has stabilized after a series of declining. The cryptocurrency is generally trading at $0.2915. On H4, the quotations remain in the ascending channel. They have tested the support level of the channel, hinting on an attempt to form another impulse of … Read more