It’s been nearly eight months since the Financial Action Task Force issued its divisive crypto directives, establishing traditional banking regulations within the crypto sector. With the year-long adoption deadline fast approaching, how have the world’s regulatory authorities responded to the guidelines so far? The FATF — an intergovernmental organization tasked with combating money laundering — found itself at the center of controversy last June after issuing its latest crypto guidance. The directive merged the cryptocurrency industry into existing banking policy, requiring firms to comply with the same requirements as traditional…
Day: February 14, 2020
PewDiePie Took His Wife on The Weirdest Valentine’s Day Date Ever
PewDiePie isn’t exactly the smoothest guy on Earth. But couldn’t Felix not be weird, just once all year, for Valentine’s Day? Instead Kjellberg had to go and make Cupid’s birthday all about his weird obsession with aquariums. Poor Marzia! PewDiePie’s wife posted Instagram photos of her weirdest Valentine’s Day date ever with Felix. Nothing says romance like sharks, squid and those cold unblinking fish stares. Marzia was cool about it though. She wrote: Stopped by the acquarium to say hi to my puffer valentine 🐡💘 not sure what happened to…
PewDiePie Took His Wife on The Weirdest Valentine’s Day Date Ever
PewDiePie isn’t exactly the smoothest guy on Earth. But couldn’t Felix not be weird, just once all year, for Valentine’s Day? Instead Kjellberg had to go and make Cupid’s birthday all about his weird obsession with aquariums. Poor Marzia! PewDiePie’s wife posted Instagram photos of her weirdest Valentine’s Day date ever with Felix. Nothing says romance like sharks, squid and those cold unblinking fish stares. Marzia was cool about it though. She wrote: Stopped by the acquarium to say hi to my puffer valentine 🐡💘 not sure what happened to…
Bahamas Digital Dollar to Roll out Across All Islands in H2 2020, Governor Says
While major industry actors argue that central bank digital currencies (CBDC) are years or decades ahead, the Bahamas plan to adopt a CBDC no later than 2020. John Rolle, the governor of the Central Bank of the Bahamas (CBOB), has reportedly confirmed that the Bahamian digital dollar initiative will be introduced across all islands in the second half of 2020. Bahamas has already launched a pilot in the Exuma region According to a Feb. 13 report by local publication The Tribune, Rolle has presented the plan addressing a Bahamas Chamber…
Five Crypto Relationships Worth Noting on Valentine’s Day
Today is Saint Valentine’s Day, and in honor of this most romantic of holidays, Cointelegraph presents five of the crypto community’s most notable unions and breakups of the past 12 months. Kelly Lynn Loeffler and Bakkt Kelly Lynn Loeffler split from the crypto world in 2019, but can you blame her? Loeffler left Bitcoin futures exchange Bakkt, where she was CEO, for a place with a slightly bigger cloakroom: the United States Senate. Loeffler was named to replace Georgia’s Republican senator Johnny Isakson, who retired for health reasons. She will…
The Coronavirus Outbreak Just Made This the World’s Worst Job
Chinese authorities are finally being more transparent about the size and severity of the Wuhan coronavirus outbreak. Over 1,700 healthcare workers have become infected. It’s safe to say these unfortunate souls have the worst job in the world. Think your job is hard? Try being a Chinese healthcare worker in the coronavirus-plagued Hubei province. According to data released from China’s National Health Commission, at least 1,716 health workers have been infected with the coronavirus. Six of them have died from the disease. Coronavirus Makes Healthcare a Life or Death Occupation…
Lessons Learned on Deploying Smart Contracts, Part 2
This is the second article in our series on integrating payment channels on Telegram Open Network. In the first part, we introduced the network, detailed our experience of the contest, and explained how synchronous and asynchronous smart contracts work. As the next addition to the series, this article details how we built a synchronous payment channel on the network during TON’s contest back in September. Here, we will be talking only about Fift (TON’s general-purpose programming language) and FunC (TON’s programming language for writing smart contracts). The TON white paper…
No Hope for Oil Price Revival as Coronavirus Blunts Chinese Demand
Oil prices rallied on Friday, capping off their first weekly gain in six. Goldman Sachs and the Energy Information Administration (EIA) have cut their forecast for 2020 crude prices. Coronavirus and the sharp downturn in Chinese consumption are largely to blame. Oil prices were back in rally mode on Friday, gaining modestly on hopes that Chinese stimulus can blunt the economic impact of coronavirus. Unfortunately, economic realities in China will likely result in a sharp decline in energy consumption. That could shave another 7% off crude prices in the short…
CFTC Sues Alleged Crypto Ponzi Scammer for $500K Theft
The U.S. Commodity Futures Trading Commission (CFTC) is suing an alleged Ponzi scammer on claims he and his company raised half a million dollars for cryptocurrency investments, which instead went to personal uses. According to a press release, Breonna Clark, otherwise known as Eliot Clark or Alexander Pak, and his firm Venture Capital Investments Ltd. and The Life Group allegedly raised $534,829 from 72 victims, promising to invest funds in bitcoin, altcoins and foreign currency contracts. Instead, some $400,000 in funds went to personal uses, including the purchase of a…
Justin Bieber’s ‘Changes’ Album Is So Cringy It’s Almost Adorable
Justin Bieber dropped his first album in five years on Friday. You can pretty much write off all of “Changes” as one giant overshare. While the music video for the lead single, “Yummy” features camera work as nauseating as the lyrics in this anthem to conspicuous consumption. And yet it’s hard to deny that “Changes” can also be pretty adorable. Justin Bieber released his first album in five years on Valentine’s Day. It’s also his first since marrying shopping mall clothing brand model, Hailey Baldwin, in 2018. And it’s one…