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The Daily: Crashing Crypto Trader Shares Advice, Bitcoin Bandit Extradited

December 14th, 2018

In Friday’s installment of The Daily, we update a story we first reported on yesterday – the closure of stablecoin project Basis. Its team have now given the official reason for its cessation. We’ll begin, though, by covering a slice of crypto crime concerning “bitcoin bandit” Nicholas Truglia. Also read: Digital Currency Platform Revolut Receives…

Chatter Report: Voorhees Questions ‘Smart Money’, Sechet Explains ‘Miners Don’t Vote’ Declaration

December 14th, 2018

In today’s Chatter Report, Erik Voorhees criticizes cryptocurrency-focused venture capital firms for reneging on their signed term sheet deals. Also, Steve Patterson calls out Amaury Sechet over Chris Pacia’s comment that miners don’t vote. Lastly, imaginary_username contemplates on the different roles of miners and users in Bitcoin. Also read: BCH Devs Discuss Securing Instant Transactions…

Japan’s Monex Group Launching Crypto Exchange in the US

December 14th, 2018

Monex Group, a major Japanese financial services company and the parent company of cryptocurrency exchange Coincheck, has unveiled its plan to launch a crypto exchange in the U.S. next quarter. The company has also shared its expansion plans for Coincheck in Japan. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations U.S….

Tipping App Gitcash Returns With Plans to ‘Make It Rain’ BCH on Github

December 14th, 2018

The Gitcash project has re-launched this week after taking a brief hiatus following the Bitcoin Cash hard fork. After returning, the Github tipping application has released a new splitting application for pre-fork bitcoin cash and this past ‘Tipping Tuesday’ the Gitcash crew “made it rain” BCH on unsuspecting Github projects. Also Read: Digital Currency Platform Revolut…

French Lawmakers Propose Lower Electricity Rates for Cryptocurrency Miners

December 14th, 2018

Two French legislators have made a number of proposals aimed at turning France into a leading force in the development of the industry built around cryptocurrencies. One of the ideas is to allow crypto mining companies to take advantage of preferential electricity prices. Also read: Ukrainian Village Distributes Dividends From Crypto Investment ‘France Must Have…

Digital Currency Platform Revolut Receives European Banking License

December 13th, 2018

On Thursday, Dec. 13, digital payments platform Revolut announced that the company has been approved for a banking license in Europe by the region’s central bank. According to Revolut, the license will help it provide better access to digital currencies and also offer traditional banking services. Also read: Google Trends Reveals One of the Top Questions…

Password Manager App Dashlane Mocks Cryptocurrency Owners

December 13th, 2018

Having strong passwords is important for everyone in today’s world as it is full of hackers and other cybercriminals. And as cryptocurrency is a value stored in code, it is no surprise that its owners are among the most paranoid about their data security. However, strong keys aren’t worth much if you can’t remember them. …

Study Finds Less Than 15% of Team Members in ICO Startups Are Women

December 13th, 2018

A new study confirms the crypto industry has a lot of progress to make to bridge the gender gap. It shows that startups conducting ICOs are still markedly male-dominated – over 85 percent of the team members in the surveyed companies are men. The data also suggests women are even less likely to hold executive…

Shakepay App Turns Spare Change Into Fractions of BTC

December 13th, 2018

Canadians can now gradually accumulate small fractions of BTC by rounding up their everyday debit card purchases with a mobile application called Shakepay. The company launched in 2015 operates multiple cryptocurrency services and its new Shakepay Change element aims to provide individuals with a frictionless way to buy BTC in Canada. Also read: The Digital Revolution…

The Daily: Uber Meets Bitcoin, Basis Stablecoin Shuts Down

December 13th, 2018

In Thursday’s installment of The Daily, we report on a highly anticipated stablecoin project that’s failed before it’s even launched and explore the strangely centralized world of crypto Twitter. First, though, we’ll start with the news that a third party app has made it possible to pay for your Uber ride using BTC. Also read: Benchmark…