Day: January 31, 2020

Since the end of World War II, the United States has been an undisputed global leader in innovation. From putting a man on the moon to the “Traitorous Eight” of Fairchild and the birth of today’s Silicon Valley, the U.S. has been at the forefront of embracing emerging technology. This position has given the country a strategic advantage in dictating how technology is adopted and setting the basic standards for its use. However, as we enter the new decade, the U.S. is at risk of losing its place as the…

Those of you seeking yet another angle on consuming the latest and greatest crypto news should know about The Bad Crypto Podcast. This week’s episode starts with the good news that Bitcoin is on the rise, touches on Justin Sun’s harassment suit, and even takes a moment to acknowledge Peter Schiff’s remarkable public Bitcoin mistakes. There’s even a full serving of commentary on the fact that PornHub has added new payment support for the Tether stablecoin. No stone is left unturned in the effort to make cryptocurrency and blockchain current…

Bitcoin has long been disregarded as a speculative asset class that is doomed to fail by mainstream media outlets around the world. The apathy toward the world’s preeminent cryptocurrency has been embodied by countless articles that have either hailed the death of Bitcoin or predicted its impending demise. For the past three years, Cointelegraph has reviewed the top annual Bitcoin obituaries courtesy of 99Bitcoins’ list of news articles that have unwittingly foretold the end of the cryptocurrency. In 2017, Bitcoin and the overall cryptocurrency market saw the biggest surge in…

Singapore-based crypto exchange Zebpay reportedly returns to the Indian market more than a year after an Indian Reserve Bank crackdown led to the exchange’s closure in the country.  After discontinuing Indian services in late 2018, Zebpay will open its exchange for the country once again, although the central bank ruling that caused its demise has not changed, IBS intelligence wrote on Jan. 29, Citing “reports.”  Shutdown in the face of regulation In September 2018, Zebpay halted exchange availability in India after the Reserve Bank of India, or RBI, forbade banks…

Recent data from crypto data site Coin Metrics shows USDT tokens change locations every eight days on average.  “The trailing 12 month velocity of @Tether_to on Omni, Ethereum and Tron has rapidly and consistently increased since September and currently sits at ATHs, where on average each $USDT turns over 46 times per year,” Coin Metrics posted on its Twitter account on Jan. 31.  Moving on three blockchains Tether, one of the crypto industry’s oldest stablecoin operations, originally built its USD-pegged token on Bitcoin’s Omni token layer. Tether also operates on Ethereum’s blockchain…

Major European financial regulator, Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF), has spotted another unregistered crypto company. The firm, Crypto Bull, operating under the url crypto-bull.io, claims to be based in Luxembourg while it does not have permission to provide crypto services in the country, the CSSF announced on Jan. 31. The warning notice reads: “The CSSF informs the public that this entity has not been granted any authorisation to provide investment services or other financial services in or from Luxembourg.” The unregistered firm wants to provide services to…