Month: December 2019

It’s been a busy couple of weeks for bad news in crypto, with Youtube’s removal of hundreds of videos, Google Play’s removal of Metamask, and now Coinbase mobile wallet users facing an announcement their app is losing its dapp browser, reportedly due to restrictive policy requirements from Apple. Some are calling the announcement “the last straw,” and even Coinbase leadership appears none too pleased. Also Read: Google Bans Crypto App Metamask From Play Store Defi Takes a Hit The great Youtube Christmas purge. Google Play’s banning of Metamask. Recent events…

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While dozens of the world’s economic leaders participate in extreme monetary easing policy, central banks have also been hoarding gold. Central banks accumulated over 668 tons in gold purchases this year, which is more than 2018’s record numbers. In fact, the key drivers in gold demand this year stemmed from central bank purchases, most of which were bought (390 tons) during the first two quarters of 2019. Also Read: Germans Rush to Buy Gold as Draft Bill Threatens to Restrict Purchases Central Bank Gold Purchases in 2019 Surpass Last Year’s…

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An investigation launched on the request of a French startup has led to the indictment of a 37-year-old entrepreneur accused of stealing 182 BTC from the company he cofounded. Embezzlement of money is one the charges brought against him by the public prosecutor’s office in Paris. Also read: Russia’s Supreme Court Recognizes Tokens as Assets Like Money and Property Another Case Affirms the Money Status of Cryptocurrencies Most European governments are yet to legalize and regulate cryptocurrencies. The process is starting to take shape and form with the implementation of…

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Users can now purchase cryptocurrency with a credit or debit card on Bitcoin.com’s premier trading platform via a new partnership with Moonpay. The Bicoin.com Exchange has been rapidly expanding its offerings by adding new SLP tokens. Also Read: Gocrypto SLP Token Starts Trading on Bitcoin.com Exchange Bitcoin.com Exchange Offers New Fiat Gateway Bitcoin.com Exchange has announced that it has added the option to buy cryptocurrencies with credit and debit cards to the platform. This milestone has been achieved in partnership with Moonpay, a fiat-crypto payment provider that has already equipped…

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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 Pointing to These Alternate Platforms Metamask Kicked out of Google Play Store Google Play, the official app store for the Android operating system which is used by billions of mobile devices around the world and operated by Google, has banned the crypto app Metamask. The company pointed its restricted content…

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During the last few days, digital currency markets have been meandering sideways and prices have been less volatile. On Sunday, during the last 24 hours, the entire cryptoconomy is hovering just below the $200 billion zone and there’s roughly $71 billion in global trades. Crypto proponents are still uncertain about the future trajectory and whether or not digital currency price trends will continue sliding or rise again. Also read: Mystery Surrounds DDoS Attacks That Have Downed the Darknet The Cryptoconomy Continues to Meander Sideways Digital currency markets on Dec. 29,…

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The National Power Training Institute, under India’s Ministry of Power, is offering blockchain training in multiple cities throughout the country. Participants will learn about blockchain technology, its use cases, smart contracts, Ethereum, cryptocurrency, Bitcoin, and even mining. Also read: Regulatory Roundup – New US Crypto Bill, France’s 1st Approved ICO, Muslim Crypto National Training Institute’s Blockchain Program The Indian government’s National Power Training Institute (NPTI) has organized a program entitled “Blockchain Technology” to take place at various NPTI locations. Three of them have already been scheduled. One will be on…

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France will soon be monitoring social media accounts to catch suspected tax evaders. The endeavor could label anyone as suspicious who so much as posts a “taxation is theft” meme or a poses with a nice car. The country’s budget minister, Gérald Darmanin, called the court-approved experiment ‘one more tool to fight fraud.’ Exemplified by this move toward dystopian financial surveillance is the economic elephant in the room: fiat monetary systems are not only broken, inefficient, and financially unsound, they’re also immoral. Also Read: Crypto’s Counterpunch to U.S. Hegemony and…

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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, after the Cloud Token arrests in China, police in Inner Mongolia warned the public about another MLM crypto project. Also Read: Chinese Police Seize Thousands of Miners, Arrest Dozens of Scammers Cloud Token and Plustoken: The Rise of the Ponzi Scheme Wallets In 2018,…

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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 stations have been fined already for powering bitcoin farms without authorization. Also read: Chicago Company Mines at Oil Wells, Educates Producers About Bitcoin Winter Reduces Electricity Supply in Sichuan Sichuan is arguably the most important Chinese region in terms of cryptocurrency mining. While China is believed to…

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