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State of Emergency

[ad_1] The year has started with a bang!  Stocks and cryptos are rallying strongly so far yet volatility is still really high. This afternoon, we’ll have a special webcast at 3:00 PM GMT to discuss some of the main themes going into 2019 and how to position your portfolio. This session is open to everyone and we’ll be honored if you can join us. Feel free to register now at this
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Central Bank Official: Regulators Are Hindering the Development of Cryptocurrencies

[ad_1] An excessive number of regulatory agencies are interfering with the prospects of successful development of cryptocurrencies in Ukraine, according to a high-ranking representative of the country’s central bank. What the sector needs instead is proper regulations and laws that will allow it to grow, the banker insists. Also read: Cryptocurrency Exchanges Eye Russia for Expansion Despite Sanctions NBU Official Urges Banks to Embrace Innovation National Bank of Ukraine Mikhail
Business

Square’s Cash App Blocks Account of Social Media Site Gab’s Founder: Report

[ad_1] United States-based payments firm Square’s Cash App has reportedly blocked the personal account of the founder of controversial social media site Gab, according to a tweet from Gab Jan. 8.The move was reported just after Gab announced that the firm had sent an email to its user base promoting Cash App and Bitcoin (BTC). In a tweet today, Gab announced that it has sent over 850,000 emails to its
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Review: Wasabi’s Privacy-Focused BTC Wallet Aims to Make Bitcoin Fungible Again

[ad_1] Privacy is relative, but by many people’s reckoning, bitcoin could use greater anonymity. The Bitcoin Core protocol hasn’t changed much over the past decade, but the tools used to forensically inspect it have. In a bid to reclaim some of that eroding privacy, a number of fungibility-enhancing tools have been released by open source developers. Wasabi’s desktop BTC wallet incorporates a number of these to good effect. Also read: Report
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Yellow Vests in France Planning a Bank Run to Collapse the Euro

[ad_1] If ever anyone wished they could turn back the clock it would be wildly unpopular and “elitist” French President Macron. His decision to raise fuel tariffs in November has mushroomed and his country has succumbed to a wave of protests and violence the likes not seen since the 1960s. The yellow vests are everywhere and beyond causing chaos on the streets, it seems they’re now turning against the banks.
Business

Decentralized Crypto ‘Must Be Susceptible to 51% Attacks’

[ad_1] A decentralized cryptocurrency is by definition vulnerable to 51 percent attacks, the creator of Litecoin (LTC) Charlie Lee stated in a tweet Jan. 7.In the wake of recent news about unusual mining activity on the Ethereum Classic (ETC) network — which many continue to refer to as a 51 percent attack — Lee shared his observation, stating that:“By definition, a decentralized cryptocurrency must be susceptible to 51% attacks whether
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Attack On Ethereum Classic Unconfirmed, But Very Likely

[ad_1] The Ethereum Classic (ETC) blockchain is currently undergoing deep reorganizations that indicate a 51% attack may be underway. The security firm SlowMist reportedly alerted the Ethereum Classic community of the problem on Monday, and a number of other sources are in agreement. However, Ethereum Classic itself has denied that anything is out of the ordinary. Although Ethereum Classic refuses to jump to a conclusion, the group has urged exchanges
BLOCKCHAIN

Swiss Crypto Exchange ShapeShift Lays Off a Third of Its Team

[ad_1] Switzerland-based cryptocurrency exchange ShapeShift has laid off a third of its team, the exchange’s CEO Erik Voorhees announced in a tweet today, Jan. 8.According to a company blog post accompanying the Twitter announcement — entitled “Overcoming ShapeShift’s Crypto Winter and the Path Ahead” — ShapeShift has laid off 37 of its employees, reducing the size of its team by a third.In the post, Voorhees attributes the staff cuts to
Business

Pakistan Telenor Subsidiary Launches Remittance Service Using Alipay’s Blockchain Tech

[ad_1] The Pakistan-based subsidiary of global telecommunications giant Telenor has launched a blockchain-powered cross-border remittance service, according to a press release published Jan. 8.Per the announcement, the Pakistan-based Telenor Microfinance Bank (TMB), Valyou — a Malaysian fintech subsidiary of Telenor — and Telenor’s Easypaisa have jointly launched a blockchain-based international remittance service in Pakistan. The service is reportedly powered by blockchain technology developed by Ant Financial’s online payment platform, Alipay.The
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Report Claims Central Banks Are Cautious About Issuing Their Own Digital Currencies

[ad_1] The Bank of International Settlements (BIS) has published a survey showing that most central central banks are “proceeding cautiously” on issuing their own digital currencies. Only a handful are planning to do so in the near future, it said. Also read: Coinflex Exchange to Offer Leveraged BCH and BTC Futures 70 Percent of Central Banks Working Towards Own Digital Money Swiss-based BIS, dubbed the central bank of central banks, surveyed