Do you use a VPN? It’s a privacy-enhancing tool that everyone should be using, especially those with digital assets. Or do you happen to be older than the typical crypto trader? Both of these characteristics are part of a list of so-called ‘red flags’ that can get you in trouble with a new dragnet that is being established in Israel. Also Read: Why a VPN Is the First Layer You Should Pull On When Browsing the Web Too Many Red Flags On December 31, 2019 the Israel Money Laundering and…
Read MoreMonth: January 2020
Wifi Sharing Platform Wicrypt Gets Government Grant in Nigeria
A crypto startup providing wifi hotspot sharing services in Nigeria has won funding from the country’s telecom regulator. Wicrypt placed second among 25 tech companies participating in an innovation competition organized by the Nigeria Communication Commission and it’s going to receive a grant worth 2 million naira to finance its project. Also read: Skrill Now Lets You Swap BTC for BCH Wicrypt Users Can Earn and Spend Crypto Wicrypt allows subscribers to earn money by sharing their mobile data with other users who pay for the service. The platform’s app…
Read MoreAlleged $8B BTC Tulip Trust Expires With Tales of Bonded Couriers
Five years ago, the crypto community became aware of an alleged contract called the Tulip Trust. The supposed contract emerged when a few tech-based news outlets published stories on two former business partners Craig Wright and David Kleiman. According to the Tulip Trust contract story, Wright and Kleiman were ostensibly part of the group that invented Bitcoin. The trust claims that on January 1, 2020, approximately 1,100,111 BTC will be returned to Wright and now skeptics are patiently waiting for the arrival of a bonded courier. Also Read: A List…
Read MoreChina Takes Another Step Away From USD Hegemony
The China Foreign Exchange Trade System (CFETS) announced that effective January 1, 2020, the system “will adjust weights for CFETS RMB Index,” decreasing the weighting of the USD for the second time in the currency basket’s history from 22.40% to 21.59%, and increasing the Euro from 16.34% to 17.40%. The change could signal further disassociation with USD due to ongoing U.S./China trade difficulties. Also, reports of increased trade with the EU over 2019 and the fact that both China and the European Union are actively working on central bank digital…
Read MoreEtoro CEO Yoni Assia on Reaching 12 Million Users and Why Cryptos Are a Gateway to Stocks
Yoni Assia is the CEO and founder of multi-asset trading platform Etoro. The brokerage firm, which enjoys a high profile within the cryptosphere, enables digital assets such as BTC and BCH to be traded alongside stocks, ETFs, and commodities. Juxtaposed between the traditional and crypto investment realms, Etoro has a unique insight into the health of the industry. In an interview with news.Bitcoin.com, Yoni Assia shared his thoughts on what traders can expect in 2020. Also read: Bitcoin’s Next Decade Will Be Shaped by Derivatives 2019 Was a Year of…
Read MoreVeriblock Captured Close to 60% of BTC’s OP Return Transactions in 2019
During the course of 2019, the most used BTC-based OP_Return protocol, Veriblock, outshined Omni Layer outputs. According to statistics, Veriblock captured 57% of BTC’s OP_Return outputs in 2019. Ever since the protocol’s opcodes started dominating, a number of BTC influencers called the outputs “abuse” and “spam.” Also Read: Central Bank Gold Hoarding Hits 50-Year High Veriblock Captured a Majority of the BTC-Based OP_Return Outputs in 2019 2019 was an interesting year and a slew of blockchains saw a bunch of statistical changes. One specific data point observed this year was…
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