Shapeshift Moves to Membership Model Requiring User Information
Non-custodial crypto trading platform Shapeshift has introduced a membership program which will soon be mandatory. CEO Erik Voorhees explains that his exchange will have to begin collecting basic personal information of its users, and there will be five membership levels. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals Shapeshift Membership Mandatory Soon Shapeshift’s founder and CEO, Erik...
Africa and its Antiquated Banking: Bitcoin The Solution?
Africa has steadily accelerated the switch to modern technologies. But can a continent facing a crisis with antiquated banking technologies, low rate of financial inclusion, poor confidence in the banking system, and high remittance costs become the new battleground for blockchain and cryptocurrency? Also read: Square’s Big Week: Crypto Patent, Shares Leap, and Lightning Plug From Algeria to South Africa, Uganda to Nigeria,...
Belgium Warns of 28 New Fraudulent Crypto Platforms – 78 in Total
Belgium’s Financial Services and Markets Authority (FSMA) has published a list of cryptocurrency platforms showing signs of fraud. The list currently contains 78 crypto platforms, including 28 platforms added on Tuesday. Despite warnings, the FSMA continues to receive complaints from consumers about these crypto firms. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals FSMA’s New...
Iran Officially Recognizes Cryptocurrency Mining
As economic sanctions start to bite, Iran is now looking to cryptocurrencies to ease the damage. The world’s third-largest oil-producer seeks to follow in the footsteps of Venezuela, which has issued an oil-backed digital currency called the Petro. But can Iran succeed where Venezuela is ostensibly faltering? Also read: As Zimbabweans Struggle for Cash, Even the Country’s Only Bitcoin ATM Has Run Dry Iran to Start...
Bittrex to Delist Bitcoin Gold Over 51% Attack
Over the last nine months, news.Bitcoin.com has reported on the many misfortunes the project Bitcoin Gold (BTG) has experienced. The forked protocol has been mired with issues and controversy since the day the project was announced will be delisted from the exchange Bittrex. The Seattle-based trading platform says they lost over 12,000 BTG during the network’s 51% attack, and the firm had asked the BTG development team to...
