Category: Featured
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Cannabis, Cryptocurrency and Compliance: One Man’s Quest to Support Unbanked Businesses
Ernesto Huerto is the very embodiment of Bitcoin. As the operator of Crypto Space, a physical bitcoin exchange in Los Angeles’ San Pedro neighborhood, Huerto knows more than most about the challenges of running a cryptocurrency business while maintaining banking access and compliance. In a wide-ranging interview, the Crypto Space owner has disclosed the realities…
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How Crowd Power and Carrots Are Redefining Blockchain Governance
It’s not just blockchains that have to reach consensus: the people using them also need to be in agreement. Otherwise, chain splits occur, as has happened to Bitcoin 47 times and counting. Blockchain governance has traditionally been dull, involving primitive voting systems and low participation. But as projects like Aragon and Kleros are starting to…
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How Indian Crypto Enthusiasts Can Help Influence Regulation and Lift the RBI Ban
The Indian crypto community is ramping up its efforts to bring about positive crypto regulation and an end to the banking ban imposed by the country’s central bank. There are several ways Indian crypto enthusiasts can join in on the efforts, the CEO of a local crypto exchange, who has been running a popular social…
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Mercado Livre Bans Cryptocurrency Listings Following $750 Million Investment From Paypal
Cryptocurrency listings have been prohibited from publication on Mercado Livre, also known as Free Market, following a $750 million investment into the platform from Paypal. Just prior to the announcement, more than 10,000 listings relating to virtual currencies were identified on the platform. Also Read: Why Africa Continues to Lag Behind in Cryptocurrency Adoption Latin…
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Governments Exploit Christchurch Tragedy to Enforce Censorship and Thought Policing
No sooner had the victims of the Christchurch attack fallen than governments were clamoring to mine the tragedy for political capital. Despite the shooting having been live streamed on Facebook, antipodean officials have directed their ire against fringe websites in a desperate bid to control the narrative and criminalize curious civilians. Also read: Bitcoin Cash…
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While Tether Withdraws Claim of USD Backing, Rival Stablecoins Provide Monthly Attestations
The controversy surrounding the backing of Tether’s USDT tokens has resurfaced following a recent alteration to the company’s terms of service that now state the reserves backing USDT comprise “traditional currency and cash equivalents and … other assets and receivables from loans made by Tether to third parties.” Despite tether’s dominance among stablecoins by market…
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How to Create Your Own Decentralized Prediction Market
The decentralized web is hard to use, complain its critics. And to be fair, they’ve had a point up until recently. With improved UX and new layer two solutions built on top of Web3 protocols, however, interacting with these technologies is getting easier. This is particularly evident in the case of prediction markets, where new…
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Chinese Government Officials Targeted With Ransomware, North Korea Suspected
A statement issued by the People’s Government of Yiling District, Yichang has revealed that Chinese officials have been the target of a ransomware email attack in recent days. Also Read: Late Quadrigacx CEO Used Personal Funds to Fulfill Withdrawals Chinese Government Officials Face Ransomware Attack A statement issued by a Chinese provincial government website has…
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Late Quadrigacx CEO Used Personal Funds to Fulfill Withdrawals
Jennifer Robertson, the widow of late Quadrigacx chief executive officer Gerry Cotten, has revealed that customer withdrawals were processed using personal funds in a statement published yesterday. The document also indicates that law firm Stewart McKelvey has withdrawn from representing Quadrigacx during the Companies’ Creditors Arrangement Act process due to “potential” conflicts of interest. Also…
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Auscoin Exchange Suspended After Arrest of Sam Karagiozis
27-year-old Sam Karagiozis has been named as the individual arrested on March 7 following raids carried out by the Australian Transactions Reports and Analysis Centre (AUSTRAC) and Australian Federal Police. The arrest resulted in the suspension of the licenses of two cryptocurrency exchanges that Karagiozis is involved with including his controversial nationwide cryptocurrency ATM network,…