Month: January 2018

Your Investment Center

Privacy

The Satoshi Revolution – Chapter 4: Is Privacy Possible in the Digital Era? (Part 3)

The Satoshi Revolution – Chapter 4: Is Privacy Possible in the Digital Era? (Part 3) The Satoshi Revolution: A Revolution of Rising Expectations. Section 2 : The Moral Imperative of Privacy Chapter 4: When Privacy is Criminalized, Only Criminals will be Private by Wendy McElroy Is Privacy Possible in the Digital Era? (Chapter 4, Part…
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January 20, 2018 0
Bitcoin Conference

Lots of Optimism at the Miami Bitcoin Conference This Week

Lots of Optimism at the Miami Bitcoin Conference This Week This January, thousands of cryptocurrency enthusiasts flocked to The North American Bitcoin Conference in Miami after a grueling two weeks of market madness. The very large crowd, however, was quite confident that the emerging digital asset space was still on the rise as the halls…
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January 20, 2018 0
Bitconnect

Not Content with Scamming $1.5 Billion, Bitconnect Wants Another $500 Million for Its ICO

Not Content with Scamming $1.5 Billion, Bitconnect Wants Another $500 Million for Its ICO The fall of Bitconnect was as certain as night follows day. A pyramid scheme wrapped inside a Ponzi with a side order of WTF, Bitconnect was as crazy as it was calamitous. The only miracle was that the racket lasted so…
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January 20, 2018 0
Lightning Network

Lightning Network May Not Solve Bitcoin’s Scaling ‘Trilemma’

Lightning Network May Not Solve Bitcoin’s Scaling ‘Trilemma’ Bitcoin has proven incapable of accommodating growing demand without deviating considerably from Satoshi Nakamoto’s original vision of a “peer-to-peer electronic cash system.” It was intended to provide a fast, secure and inexpensive means of making payments without using the traditional financial system. Today it still only manages a tiny proportion…
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January 20, 2018 0
White Paper

Venezuela Blasts ‘False’ White Paper for Oil-Backed Cryptocurrency

Venezuela Blasts ‘False’ White Paper for Oil-Backed Cryptocurrency Venezuela’s government is pushing back against what it calls “false information” in connection with a purported white paper tied to its planned oil-backed cryptocurrency. While the South American nation did not confirm exactly what this false information constitutes, the superintendent of Venezuelan Cryptoassets and Related Activities –…
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January 20, 2018 0
PBoC

PBoC Reportedly Orders Payment Services to Stop Serving Crypto Traders

PBoC Reportedly Orders Payment Services to Stop Serving Crypto Traders The Business Administration Department of the People’s Bank of China (PBoC) has reportedly issued a document today requiring payment providers in Beijing to stop facilitating cryptocurrency trading activities. The news, first reported by Securities Times, a state-owned media outlet launched by the Communism Party mouthpiece the…
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January 19, 2018 0
Ponzi

Autopsy of the Bitconnect Implosion: Ponzi, Centralization, Governance

Autopsy of the Bitconnect Implosion: Ponzi, Centralization, Governance Ponzi lending smart bot scam Bitconnect finally did what most sane observers predicted long, long ago. It went splat. And it didn’t collapse due to government pressure, nor flurries of bad press, and certainly not from DDoS hacking attacks. The story is more of a ballad, a…
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January 19, 2018 0
Innovation

2018’s Challenge: Promote Responsible Blockchain Innovation

2018’s Challenge: Promote Responsible Blockchain Innovation Innovation in financial services is critical to meeting the nation’s changing consumer and business needs, and the OCC’s Office of Innovation is working to promote responsible innovation in the federal banking system. Operational since January 2017, the Office of Innovation is responsible for improving the agency’s ability to identify,…
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January 19, 2018 0
Crypto Accounts

Commission Income From Crypto Accounts Jumped 36 Times for South Korean Banks

Commission Income From Crypto Accounts Jumped 36 Times for South Korean Banks South Korean banks have been providing virtual account services to cryptocurrency exchanges and earning commissions from them. According to data obtained by the country’s Financial Supervisory Service, banks made 36 times more in commission income from crypto exchanges last year than the previous…
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January 19, 2018 0
Crypto Future

Survey: Indians See Brighter Crypto Future than Americans

Survey: Indians See Brighter Crypto Future than Americans Despite repeated government warnings against crypto investing, a sizable majority of Indians feel optimistic about the future of cryptocurrencies. Just as many Indians, as Americans, 7%, admit they own bitcoin or an altcoin, according to a survey that covered 6 countries, including major markets. Indians are more optimistic,…
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January 18, 2018 0