Web Giants Censor Bitchute and Bloom
Another week, another slew of projects banned by major web platforms. Paypal has ejected Bitchute, a Youtube competitor that champions free speech, while Facebook has banned ad campaigns by Bloom that promoted a rival service. The deplatforming of these projects has reinforced the case for censorship-resistant platforms. Also read: Miner Abandons Swedish County, Leaves $1.5M in Unpaid Electricity Bills Paypal Bans Another Company...
Hash Wars: ABC Chain Leaps More Than 50 Blocks Ahead
All eyes were on the Bitcoin Cash network today as the blockchain split into two after the last common block was found on the chain at height 556766. So far both chains have been chugging along, but at the time of writing, the ABC side is well over 50 blocks ahead of the SV chain. Also read: Hash Wars: The Bitcoin Cash Hard Fork Has Begun A Historic Day for Bitcoin Cash Over the last 12 hours, cryptocurrency enthusiasts from all...
Stablecoins Demand More Trust than Fiat Currency
This article about the problem with stablecoins was written by Kevin Murcko, the CEO at cryptocurrency exchange, CoinMetro, and forex broker, FXPIG. Stablecoins — digital coins which peg their value rigidly to the dollar, the euro, or a collage of national currencies — are all the rage right now. Tether, in particular, is on everyone’s lips. In fact, it’s one of the most heavily traded cryptos in the market...
Japanese Regulator Unveils Plan to Regulate Wallet Services
Japan’s top financial regulator, the Financial Services Agency, has unveiled a plan to regulate cryptocurrency wallet services. The regulator has put forward a number of regulatory measures as well as proposing how to implement them. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space The Plan The Financial Services Agency (FSA) held its ninth cryptocurrency study group meeting on Monday. According to the...
French Financial Markets Regulator Estimates ICOs Have Raised $21.9B Globally
France’s financial markets regulator, the Autorité des marchés financiers (AMF), has published a report examining trends relating to initial coin offerings. The AMF describes ICOs as a “marginal” method of financing, estimating that the global ICO industry has raised €19.4 billion ($21.9 billion) since 2014. Also Read: Russian Developers to Help Iran Build Its Crypto-Economy Significant...
