UK’s FCA Suspends Epayments Service – Over £100M Frozen and Alleged Onecoin Connection

Epayments, one of the largest payment providers in the U.K., has halted operations after the Financial Conduct Authority (FCA) suspended the company for “weaknesses” related to its anti-money-laundering (AML) process. Since Epayments shut down on February 11, customers have been complaining because they cannot access their money. Reports also detail that if the firm becomes insolvent, Epayments clients won’t be protected by any type of FCA-regulated insurance fund. Additionally, a non-executive director who resigned last week was once the head of cards and payments at Locke Lord, a law firm…

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Court Rejects Ripple’s Bid to Dismiss Class Action Lawsuit Filed by XRP Investors

A court case that has the future of XRP at stake continues after Ripple’s motion to dismiss it was rejected by a court in California. The plaintiffs claim that the blockchain company sold the coin as an unregistered security and demand compensation. Ripple tried to avoid the case with its defense team insisting the lawsuit had been filed too late. Also read: XRP Plummets 56% in One Candle, Bitmex Traders Outraged Over Flash Crash Ripple’s Attempt to Dismiss XRP Court Case Fails The consolidated class action lawsuit was filed last…

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Lebanon Fights for Separation of Money and State as Residents Use Bitcoin to Evade Capital Controls

Mass unrest in Lebanon due to allegations of political corruption and heavy handed capital controls has carried over into the new year, with reports pointing to a notable uptick in bitcoin trading from the embattled nation. As residents seek to preserve as much value as they can while government falters, some traders are calling for a separation of money and state, thinking it is high time to put financial power back into the hands of the people. Also read: Bank Closures and Withdrawal Restrictions Anger Lebanese Citizens Mass Unrest Over…

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The Bull and Bear Case for Investing in the Top 20 Cryptocurrencies

Should you buy bitcoin or bitcoin cash? Does tezos have further room to grow? Is monero a long-term hold? There are no absolute answers to these questions and no crystal ball to determine which crypto will pull a 5x before the year’s out. Based on fundamentals alone, however, here are some reasons why you might wish to buy or sell the top 20 cryptos by market cap. Also read: Bitcoin Rich: 6 Crypto Entrepreneurs Make the 2020 Hurun Billionaire List Bitcoin Bull: The bull case for investing in bitcoin core…

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Bitcoin Rich: 6 Crypto Entrepreneurs Make the 2020 Hurun Billionaire List

On Wednesday, the “Hurun Global Rich List,” a ranking of the wealthiest individuals, published its 2020 report that notes the world saw 346 new billionaires last year. This year’s list also includes six blockchain entrepreneurs who made the Hurun Global Rich List through cryptocurrency investments. Also read: Warren Buffett Slates Bitcoin, Denies Owning Crypto Gifted by Justin Sun Cryptos Billionaire Club The Hurun Global Rich List is well known for documenting the wealthiest individuals on the planet and in 2020 there is a record number of billionaires worldwide. An estimate…

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Raising $100K for Cashfusion’s Security Audit, Bitcoin.com Matches Donations to Improve BCH Privacy

Bitcoin.com is a proponent of privacy and we have been monitoring Bitcoin Cash projects like Cashshuffle and Cashfusion closely. Last March, Cashshuffle was officially released after a security audit from Kudelski Security, and since then millions of dollars worth of BCH have been shuffled. Our web portal aims to help speed up the process of Cashfusion’s official release, so we created a fundraiser to raise $50,000 for Kudelski to audit the protocol’s codebase and another $50K for ongoing development. Also Read: How to Check the Bitcoin Price, Hashrate, Data –…

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Bitcoin in INR: Binance, Wazirx, Cashaa, Zebpay Announce New Offers for India

Several cryptocurrency exchanges in India have recently stepped up their offerings as they wait for the supreme court’s decision on the RBI ban. Binance and Wazirx have made some improvements to their platforms, Cashaa is waving some fees, and Zebpay has announced zero fees on a trading pair when it re-launches in India. Also read: Regulatory Roundup – Trump’s Cryptocurrency Proposals, IRS Changes Rule, China Quarantines Cash Binance and Wazirx As the Indian supreme court deliberates over a decision on the RBI ban, several Indian companies are stepping forward with…

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Coinbase Wallet Adds Support for Short and ‘Human-Friendly’ Cryptocurrency Addresses

One of the scariest features of transacting with cryptocurrency, for many new users, is correctly inputting the long hexadecimal addresses involved. Various individual projects and larger collaborations have tried to tackle this anxiety-inducing issue in different ways, so that bitcoin adoption can grow. The latest venture to try and take on this challenge is Coinbase. Also Read: Coinbase Wallet Removing Mobile Dapp Browser to Comply With Apple Send Crypto Directly to @Username on Coinbase Wallet San Francisco-based cryptocurrency trading platform Coinbase has introduced a new way for its wallet app…

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Next Step Mobile Surveillance: How You Walk, Your Heartbeat – Why Bitcoin Matters to Combat Government Privacy Invasion

It may sound like something from a dystopian cyberpunk movie, but payment providers could soon be validating transactions by the way users walk, their heartbeat, veins, and more. Mastercard has recently revealed they “have been testing heartbeat, vein technology, and the way people walk to authenticate people.” The high tech proposal, designed to fight hackers and increase convenience, could be a serious issue for people viewing such measures as unnecessary and invasive, where Bitcoin solves many of the challenges facing online finance already. Also read: Wikileaks Gathers $37M in BTC…

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Wikileaks Gathers $37M in BTC Since 2010 – Over $400K Sent After Julian Assange’s Arrest

The world was shocked when Wikileaks cofounder Julian Assange was arrested in April after being cooped up in the Ecuadorian Embassy in London since 2012. Following his arrest, the original Wikileaks bitcoin address saw significant support as $32,000 worth of BTC poured into the wallet in two days. Since 2010, Wikileaks’ address saw 4,043 BTC donated or around $37 million at today’s exchange rates. Moreover, Wikileaks has gathered over $400,000 in BTC donations since Julian Assange was taken into custody last spring. Also Read: Tradeblock Estimates Post-Halving Mining Cost of…

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